Garuda Construction and Engineering lists with 9% premium on the BSE
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Garuda Construction and Engineering has debuted at Rs 103.20 on the BSE, up by 8.2 points or 8.63% from its issue price of Rs 95.00.
The scrip is currently trading at Rs 103.80, up by 8.8 points or 9.26% from its issue price.
It has touched a high and low of Rs 109.78 and Rs 100.30 respectively. So far 14.48 lakh shares were traded on the counter.
The offering, which was open for subscription between October 08, 2024 and October 10, 2024 was subscribed 7.55 times. The issue price was fixed at Rs 95.00 per share i.e. at upper end of price band of Rs 92-95 apiece.
Garuda Construction and Engineering is civil construction and engineering company based in Mumbai. It provides end to end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects.
