Teerth Gopicon SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Teerth Gopicon IPO. Explore Teerth Gopicon IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Teerth Gopicon Limited, formerly known as Teerth Gopicon Private Limited, is an engineering construction and development company based in Ahmedabad. Established in 2019, the company specializes in road construction, sewerage work, water distribution projects primarily in Madhya Pradesh. Led by Maheshbhai Khumbhani, the company has a track record of delivering high-quality projects to both government and private sector clients.
Key Points:
- Focus: Engineering construction, including roads, water, and sewer systems in Madhya Pradesh.
- Experience: While the company is young, the founder has experience through Gopi Construction (founded in 2009).
- Clients: Works with both government (ISCDL, IMC, etc.) and private clients.
- Project Portfolio: Executes a wide range of civil engineering projects including building construction, water supply, pipeline installation, sewerage network establishment, sewerage treatment plants, nalla tapping work, Over Head Tanks, GSR, road construction, and rejuvenation of lakes.
- Services: Offers comprehensive EPC (Engineering, Procurement, Construction) services.
- Strengths: Skilled workforce, ample resources, and efficient project execution to manage multiple projects simultaneously.
Objects of the Issue
- Funding the working capital requirements of the Company
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 08 Apr - 10 Apr 2024 |
| IPO Price Band | ₹ 111 per share |
| Fresh Issue | 39,99,600 Shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 44.4 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 08 Apr 2024 |
| IPO Closing Date | 10 Apr 2024 |
| Basis Of Allotment | 12 Apr 2024 |
| Refunds | 15 Apr 2024 |
| Demat Transfer | 15 Apr 2024 |
| IPO Listing Date | 16 Apr 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Jan 2024 |
|---|---|---|---|---|
| Total Income | 46.21 | 31.21 | 39.15 | 69.70 |
| Total Expenses | 45.53 | 30.88 | 36.63 | 58.97 |
| Net Profit/Loss | 0.46 | 0.15 | 1.79 | 7.84 |
| NPM (*) | 1.01 | 0.49 | 4.59 | 11.26 |
| Total Assets | 31.15 | 42.77 | 47.43 | 137.19 |
| Total Liabilities | 25.21 | 36.68 | 39.42 | 121.47 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Jan 2024 |
|---|---|---|---|---|
| EPS | 1.50 | 0.31 | 3.58 | 13.29 |
| ROE (%) | 12.50 | 2.54 | 25.64 | 66.40 |
| ROCE (%) | 7.16 | 3.81 | 26.16 | 48.40 |
| D/E Ratio | 1.57 | 2.24 | 0.43 | 0.60 |
| Current Ratio | 1.79 | 1.73 | 1.23 | 1.10 |
| EBITDA MARGIN (%) | 2.34 | 2.29 | 7.36 | 17.33 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Teerth Gopicon Limited | 39.15 | 31.01 | 3.58 | 22.72 | 15.77 |
| Conart Engineers Limited | 35.67 | 13.65 | 6.29 | 78.11 | 80.51 |
| Brahmaputra Infrastructure Limited | 179.05 | 18.42 | 3.76 | 6.99 | 53.58 |
| MBL Infrastructure Ltd | 212.57 | 103.27 | 0.55 | 0.47 | 118.13 |
| Tarmat Limited | 147.82 | 28.35 | 3.57 | 5.64 | 61.33 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 97.12 |
| Retail Individual Investor (RII) | 44.33 |
| Total | 75.54 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Maheshbhai Kumbhani
- Chandrikaben Kumbhani
- Pallav Kumbhani
Lead Managers
- Interactive Financial Services Limited
Company Address
Teerth Gopicon Limited
204, Amar Metro Near Balniketan Sangh Pagnis Paga, Pagnispaga Indore, Madhya Pradesh, India, 452007
Phone: +91 9979840806
Email: investor@teerthgopicon.com
Website: www.teerthgopicon.com
FAQs
- What is the issue size of the Teerth Gopicon SME IPO?The Teerth Gopicon SME IPO has an issue size of ₹ 44.4 crore. This includes a fresh issue of 39,99,600 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Teerth Gopicon IPO?The price band for the Teerth Gopicon IPO is ₹ 111 per share.
- What are the bidding dates for the Teerth Gopicon IPO?The Teerth Gopicon IPO will open for bidding on 08 Apr 2024 and close on 10 Apr 2024.
- What is the allotment date for the Teerth Gopicon IPO?The allotment date for the Teerth Gopicon IPO is 12 Apr 2024.
- What is the listing date for the Teerth Gopicon IPO?The listing date for the Teerth Gopicon IPO is 16 Apr 2024.
- What is the Teerth Gopicon IPO grey market premium?The grey market premium (GMP) for the Teerth Gopicon IPO is currently at ₹16, with an expected listing gain of approximately 14.41%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.