Garden Reach Shipbuilders & Engineers Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Sep 24, 2018 · 2 min read

Garden Reach Shipbuilders & Engineers Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the Garden Reach Shipbuilders & Engineers Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.Garden Reach Shipbuilders & Engineers Limited IPO Overview

The initial public offering (IPO) of Garden Reach Shipbuilders & Engineers Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Sep 24, 2018 and close on Oct 1, 2018, with the price band fixed at ₹114–118 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesSep 24, 2018 – Oct 1, 2018
Price Band₹114–118
Lot Size120 shares
Minimum Investment₹13,680
Issue SizeTBA
Listing AtNSE, BSE ( B - Group )

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Sep 24, 2018
  • Bidding closes: Oct 1, 2018
  • Allotment date: TBA
  • Listing date: 2018-10-10
  • Minimum investment: ₹13,680 for 120 shares

4.Garden Reach Shipbuilders & Engineers Limited IPO GMP Today

No grey market premium has been recorded for Garden Reach Shipbuilders & Engineers Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Garden Reach Shipbuilders & Engineers Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "Garden Reach Shipbuilders & Engineers Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 120-share lot, at a price within the ₹114–118 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2018-10-10 on BSE and NSE. Once finalised, check your status on the Garden Reach Shipbuilders & Engineers Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

Garden Reach Shipbuilders & Engineers Limited opens on Sep 24, 2018 and closes on Oct 1, 2018 at ₹114–118 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

Track it on IPOGMPTracker

Continue reading in-depth IPO analysis, allotment guides, and investment tutorials

View All
Symbiotec Pharmalab

Symbiotec Pharmalab

LiveMainboard
GMP +330

Price Band: 938–₹988

Hy-Tech Engineers

Hy-Tech Engineers

LiveMainboard
GMP +23

Price Band: 50–₹53

Sumax Engineering

Sumax Engineering

LiveSME
GMP +21

Price Band: 95–₹101

Annu Projects

Annu Projects

LiveMainboard
GMP +0

Price Band: 94–₹99

Madhur Knit Crafts

Madhur Knit Crafts

LiveSME

Price Band: 95–₹100

ABH Healthcare

ABH Healthcare

LiveSME

Price Band: 96–₹102