Giriraj Civil Developers Limited IPO

Giriraj Civil Developers Limited Profile

Giriraj Civil Developers Limited ipo Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)
Giriraj Civil Developers Limited IPO

Giriraj Civil Developers Limited Company was incorporated as Private Limited Company registered under Indian Companies Act, 1956 in 19/10/2005 issued by Registrar of Companies, Mumbai. GIRIRAJ CIVIL DEVELOPERS PRIVATE LIMITED has its Registered office in Mumbai, India. The foremost item of functioning as a central authority Civil Contractor, building Roads, Bridge, Foot Over Bridge, Earthworks and several other Infrastructure constructions.

They are one of the Reputed Govt. Civil Contractor and they believe in terms of Quality, Reliability, Technical, Expertise and Professional Approach. Their core values govern the internal business practices and partnership and guide their innovations. As a leader in infrastructure production and maintenance, their intention is to set the pace in the industry and to be a version of excellence by way of offering secure, modern, sustainable and cost-effective solutions for all customers.

In the 22nd Day of January 2018 company has converted from Private Company to Public Limited. Company’s current authorized Capital and Paid-up Capital are Rs. 4 Crores and Rs. 2.94 Crores respectively and it’s miles presently within the system of issue of stocks thru Public Issue. The Company’s mainly projects commenced are in the states of Maharashtra and Gujarat. Currently, it has 21 ongoing projects. Giriraj Civil also have Joint Ventures (JV) and groupings with other infrastructure and construction companies.        

Giriraj Civil Developers Limited Promoters:

The promoters of the company are:

  1. Mahesh Shah
  2. Mamta Shah

Giriraj Civil Developers Limited IPO details:


Symbol: GCDL

Issue Size: the Public issue of 9,00,000 Equity Shares consisting a Fresh Issue of 3,00,000 Equity Shares and Offer for Sale of 6,00,000 Equity Shares (including Market Maker reservation portion of 48,000 equity shares)

Face Value: Rs 10

Price Range: Rs 100

Issue Type: Fixed Price

Bid Lot: 1200 Equity Shares and in multiples thereof.

Minimum Order Quantity: 1200 Equity Shares

Issue Period: 19-March-2018 to 21-March-2018

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Name of the Registrar:    Cameo Corporate Services Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Giriraj Civil Developers Limited Financials:

Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 6,436.20 4,509.10 3,695.16 3,168.17 2,362.18
Total Revenue 4,527.02 4,821.48 4,995.42 5,674.18 4,224.83
Profit After Tax 178.79 175.00 189.48 196.58 149.02

 

Bid Details for  GCDL as on 21-Mar-2018 16:25:01 IST

Sr. No Category No of shares bid for
 1  Qualified Institutional Buyers(QIBs) 0
 2  Non Institutional Investors  4,10,400
 3  Retail Individual Investors(RIIs)  5,50,800
 4  Employees  –
   Total 9,61,200

Giriraj Civil Developers Limited Allotment Status: 


Giriraj Civil Developers Limited IPO Allotment Date:  N/A

Giriraj Civil Developers Limited IPO Listing Date: N/A

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