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Open
24 Sep to 1 Oct, 2018
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Close
24 Sep to 1 Oct, 2018
3
Allotment
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Listing
Wed, Oct 10, 2018
Price Band
₹114 to ₹118
Issue Size
2,92,10,760 shares (agg. up to ₹344 Cr)
Lot Size
120 Shares
Listing Date
Wed, Oct 10, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.01x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 4,260.23 | 4,566.64 | 4,453.89 |
| Total Income | 1,525.75 | 1,146.31 | 1,856.06 |
| Profit After Tax | 86.81 | 11.47 | 164.45 |
| EBITDA | 164.40 | 55.89 | 283.74 |
| NET Worth | 1,015.94 | 1,083.14 | 1,136.66 |
| Reserves and Surplus | 901.39 | 959.30 | 1,012.82 |
| Total Borrowing | 25.00 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mishra Dhatu Nigam Ltd. | Mainboard | ₹435.02 Cr | ₹90 | null | ₹90.05 | +0.06% | ₹408.00 (-1.24%) |
| Hindustan Aeronautics Ltd. | Mainboard | ₹4,063.31 Cr | ₹1215 | null | ₹1,132.85 | -6.76% | ₹4,500.70 (+1.51%) |
| Bharat Dynamics Ltd. | Mainboard | ₹952.25 Cr | ₹428 | null | ₹389.80 | -8.93% | ₹1,254.80 (-0.62%) |
| Apollo Micro Systems Ltd. | Mainboard | ₹156.00 Cr | ₹275 | null | ₹441.75 | +60.64% | ₹397.80 (-0.34%) |
About Garden Reach Shipbuilders IPO
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
Contact Details
Garden Reach Shipbuilders & Engineers Ltd. Address43/46 Garden Reach RoadKolkata, West Bengal, 700024033-2469 8545co.sec@grse.co.inVisit Website