Garuda Construction and Engineering IPO to open on Oct 8; sets price band Rs 92-95/ share

Garuda Construction and Engineering Ltd has announced a price band of Rs 92-95 per share for its Rs 264-crore IPO. The IPO will open for subscription on October 8 and close on October 10. Major proceeds will be used for working capital and corporate purposes. The company is engaged in various construction projects with a significant order book.