{"id":38194,"date":"2024-04-06T16:07:07","date_gmt":"2024-04-06T10:37:07","guid":{"rendered":"https:\/\/theeveningpost.in\/index.php\/2024\/04\/06\/teerth-gopicon-limited-ipo-opens-on-april-08-2024\/"},"modified":"2024-04-06T16:07:07","modified_gmt":"2024-04-06T10:37:07","slug":"teerth-gopicon-limited-ipo-opens-on-april-08-2024","status":"publish","type":"post","link":"https:\/\/theeveningpost.in\/index.php\/2024\/04\/06\/teerth-gopicon-limited-ipo-opens-on-april-08-2024\/","title":{"rendered":"Teerth Gopicon Limited IPO Opens on April 08, 2024"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], April 6:<\/strong> Teerth\u00a0Gopicon\u00a0Limited,\u00a0one of the leading Infrastructure development\u00a0company,\u00a0has announced its plan to go public with an Initial Public Offering on\u00a0April 08, 2024.\u00a0The company is aiming to raise\u00a0\u20b9\u00a04,439.56 Lakhs\u00a0at fixed\u00a0price\u00a0through this IPO, with shares set to be listed on the\u00a0NSE\u00a0Emerge.<\/p>\n

The issue size is Up\u00a0to 39,99,600\u00a0equity\u00a0shares at face value of\u00a0\u20b9\u00a010 each.\u00a0<\/p>\n

Equity Share Allocation<\/p>\n

\u2013 Market Maker Portion \u2013 Up To 2,00,400 Equity Shares<\/p>\n

\u2013\u00a0 Non-Institutional Investors (NII)\u00a0\u2013\u00a0Up To\u00a018,99,600\u00a0Equity Shares<\/p>\n

\u2013 Retail Individual Investors (RII)\u00a0\u2013\u00a0Up To\u00a018,99,600\u00a0Equity Shares<\/p>\n

The net proceeds from the IPO will be utilized\u00a0to\u00a0meet working capital requirements,\u00a0and\u00a0general corporate expenses.\u00a0The issue will\u00a0open\u00a0on\u00a0April 08, 2024\u00a0and closes on\u00a0April 10, 2024. \u00a0\u00a0<\/p>\n

The\u00a0Lead Manager to the Issue\u00a0is\u00a0Interactive Financial\u00a0Services\u00a0Limited.\u00a0The Registrar to the Issue is\u00a0BigshareServices Private Limited.<\/p>\n

Maheshbhai Kumbhani, Managing Director of Teerth Gopicon Limited said, \u201cOur decision to take Teerth GopiconLimited public marks a significant step forward in our company\u2019s growth journey. Teerth Gopicon has established itself as a reputable player in the industry, with a focus on safety, timeliness, and quality that has earned the trust of their customers. With a resilient order book and ongoing projects, we remain committed to delivering excellence.<\/p>\n

We believe that the funds raised through this IPO will play a crucial role in procuring raw materials for each of our sites, facilitating hassle-free work for our forthcoming projects and fortifying our position. Moreover, it will enable us to meet our requirements more efficiently, further strengthening our operational capabilities. We view this as a pivotal chapter and are truly enthusiastic about the opportunities it presents.<\/p>\n

Mr. Mayur Parikh, Director of Interactive FinancialServices Limited said, \u201d Teerth Gopicon Limited\u2019s IPO represents a significant milestone in the construction industry, and we are honoured to be part of their journey. With a solid reputation and a diverse range of services, the company\u2019s dedication to providing hassle-free service is commendable. We extend our best wishes to Teerth Gopicon Limited for continued success and growth in the future.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], April 6: Teerth\u00a0Gopicon\u00a0Limited,\u00a0one of the leading Infrastructure development\u00a0company,\u00a0has announced its plan to go public with an Initial Public Offering on\u00a0April 08, 2024.\u00a0The company is aiming to raise\u00a0\u20b9\u00a04,439.56 Lakhs\u00a0at fixed\u00a0price\u00a0through this IPO, with shares set to be listed on the\u00a0NSE\u00a0Emerge. The issue size is Up\u00a0to 39,99,600\u00a0equity\u00a0shares at face value of\u00a0\u20b9\u00a010 each.\u00a0 Equity Share…<\/p>\n","protected":false},"author":1,"featured_media":38195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[294],"class_list":["post-38194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/38194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/comments?post=38194"}],"version-history":[{"count":0,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/38194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/media\/38195"}],"wp:attachment":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/media?parent=38194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/categories?post=38194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/tags?post=38194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}