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Teerth Gopicon Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Teerth Gopicon Ltd IPO

Registered Office: No.703 Sapath Complex-I,Near Madhur Hotel Bodakdev , Ahmedabad - 380054 , Gujarat , India.
Phone : +91 91 99798 40806   Fax:
Email :  investor@teerthgopicon.com  
Website :  www.teerthgopicon.com
Initial public issue of upto 39,99,600 equity shares of face value of (Rs)10/- each of Teerth Gopicon Limited ("TGL" or the "Company" or the "Issuer") for cash at a price of (Rs)111 per equity share including a share premium of (Rs)101 per equity share (the "Issue Price") aggregating to (Rs)44.40 crores ("The Issue"), of which 2,00,400 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)111 per equity share including a share premium of (Rs)101 per equity share aggregating to (Rs)2.23 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 37,99,200 equity shares of face value of (Rs)10/- each at a price of (Rs)111 per equity share aggregating to (Rs)42.17 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 33.33 % and 31.66 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is 11.1 times of the face value. Minimum application of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
08-Apr-24 10-Apr-24 (Rs)111.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 43.64
Interactive Financial Services Ltd
Project Financed through Current Offer 44.40  
Post Issue Equity Share Capital 12.00  
Issue Price (Rs)111.00  
 
Projects
Funding the working capital requirementGeneral corporate purposes
Promoted By
Maheshbhai Kumbhani  
Chandrikaben Kumbhani  
Pallav Kumbhani  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd