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Teerth Gopicon Limited

Teerth Gopicon Limited

smelisted
Registrar: Bigshare Services Pvt Ltd · Listing 2024-04-16
IPO Timeline
Today · 20 Oct 2026
Opens
08 Apr 2024
Closes
10 Apr 2024
Allotment
10 Apr 2024
Refund
15 Apr 2024
Demat
12 Apr 2024
Listing
16 Apr 2024
Price Band
₹111–111
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹133,200
Subscription
0x
Issue Size
₹44.4 Cr
Open
2024-04-08
Close
2024-04-10
Listing
2024-04-16

About the company

## **About Teerth Gopicon Limited** Incorporated in 2019, Teerth Gopicon Limited is primarily engaged in the construction of roads, sewerage work and water distribution work in Madhya Pradesh. They have also worked as sub-contractor and constructed residential tower in the city of Indore. The promoter of the company Maheshbhai Khumbhani has started the Proprietorship in the name of Gopi Construction in the year 2009. The company has taken up various work as a registered Civil contractor of various Central/State Government like ISCDL, IMC, USCL, UMC, MPJNM etc. After the Incorporation of the Company, The first order that they received from Indore Municipal Corporation, Water works and Drainage department for Repair of sewerage networking system of CENTRAL ZONE and make it function. They have executed wide range of civil engineering projects like building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, Re-use network, Over Head Tanks, GSR, , Road work, Rejuvenation of Lake etc. As an EPC contractor, the scope of their services includes detailed engineering of the project, procurement of construction materials, plant and machinery, construction and execution of the project and its operation and maintenance in accordance with the contractual provisions. Their manpower, resources and fleet of machinery and equipment, together with our engineering capabilities, enables them to execute a large number of projects simultaneously. They  believe that their resource, quality of work and project execution skills have enabled them to enhance their relationships with existing clients and help them to further secure projects from new clients. As Teerth Gopicon Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Funding the working capital requirements. 1. General Corporate Purpose.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 16 Apr 2024
      Listed 917 days ago
      1. IPO Opens

        Completed
        08 Apr 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        10 Apr 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        10 Apr 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        15 Apr 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        12 Apr 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        16 Apr 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹111
      Min Investment (1 lot)
      ₹133,200
      Price Band
      ₹111–111
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹133,200
      Max amount
      ₹133,200
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹266,400
      Max amount
      ₹266,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹22.2 Cr
      Shares offered
      2,000,000
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.66 Cr
      Shares offered
      600,000
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹15.54 Cr
      Shares offered
      1,400,000
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).