Garden Reach Shipbuilders and Engineers’ IPO will open for subscription from September 24 to September 26, 2018. The issue is purely Offer for Sale (OFS) consisting of 2,92,10,760 shares worth Rs 344.69 crore. The face value is Rs 10 per equity share. The minimum lot size for subscription is 120 shares with issue price ranging from Rs 115-118 per equity share. For the retail investors and employees, a discount of Rs 5 per share would be offered. Post-allotment, the company would get listed on both BSE and NSE.