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September 24, 2018 - September 26, 2018

Issue Highlights

Issue opens: Monday, September 24, 2018
Issue closes: Wednesday, September 26, 2018
Price Band: Rs. 115/- to Rs. 118/-
Bid Lot: 120 Equity Shares and in multiples thereof
Issue Size: Initial Public offer of 29,210,760 Equity Shares
Retail & Employee Discount: Rs.5/- per share
Registrar: Alankit Assignments Limited

Issue Structure

QIB: 50% of the offer
NIB: 15% of the offer
Retail: 35% of the offer
Listing: NSE & BSE
e-Form Link: e-Forms
ASBA Link: ASBA (MyEureka Login) - Only for HDFC Bank Account Holders

Company Profile

Incorporated in 1913, Garden Reach Shipbuilders & Engineers Limited is a Mini Ratna-Category I company engaged in shipbuilding company under the administrative control of the MoD.
The company primarily adheres to the requirements of the Indian Navy and the Indian Coast Guard. It is also engaged in the engineering and engine production activities and manufactures deck machinery items, pre-fabricated portable steel bridges, and marine pumps.
Garden Reach Shipbuilders has three separate facilities for shipbuilding, located at Kolkata, India. The ships are built at the Main Works Unit and the Rajabagan Dockyard. The third facility, is mainly used for fitting out and repair of ships.
The Company has many firsts to its credit in the Indian shipbuilding industry. It is the first Indian shipyard to integrate carbon composite superstructure with steel hull for the construction of the third ASW Corvette for the Indian Navy.
It is also the first and the only Indian shipyard to build and subsequently deliver a fleet tanker to the Indian Navy and to build and subsequently deliver a hovercraft to the Indian Coast Guard among others.
The shipbuilding division contributes majorly to the company's revenue from operations. It has contributed 81.23%, 75.10%, 79.09% and 83.33% of gross revenue from operations in September 30, 2017, Fiscals 2017, 2016 and 2015 respectively.

For More Details, Please Contact
pmo@eurekasec.com +91 33 6628 0000 Extn-161
Samit: 9051172648 / Shashi: 9836000117
Michael: 9836000115 / Vijay: 9830600222

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