Ganesh Infraworld IPO - AstroIPO

Ganesh Infraworld IPO


November 21, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Ganesh Infraworld Ltd. brings its IPO to the NSE SME platform, offering a fresh issue of 11,876,800 shares at a price band of ₹78-₹83 per share. The civil construction company aims to raise ₹98.58 crores through this public offering.

The IPO opens on November 29, 2024, and closes on December 3, 2024. With a face value of ₹5 per share, the minimum lot size is set at 1,600 shares, requiring a base investment of ₹132,800 at the upper price band.

The company has structured this as a book-built issue, targeting listing on the NSE SME exchange.

Ganesh Infraworld IPO Details

The key details of Ganesh Infraworld’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹98.58 Cr
Price Range ₹78 - ₹83
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1600
Investment (cut-off price) ₹132,800
Pre IPO Promotor Holding 81.84%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Ganesh Infraworld IPO Timelines

The IPO process for Ganesh Infraworld includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

29/11/2024
Start Date
03/12/2024
End Date
04/12/2024
Allotment Date View Status
05/12/2024
Refund Initiation
05/12/2024
Credit of Shares to Demat Ac
06/12/2024
Listing Date

Ganesh Infraworld IPO Lot Size

The Ganesh Infraworld IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹83 per share, requiring ₹132,800 per lot for retail investors. For HNI investors, the minimum application is 3,200 shares (2 lots) amounting to ₹265,600.

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹132,800
Retail Maximum 1 1600 ₹132,800
S-HNI Minimum 2 3200 ₹265,600

Ganesh Infraworld IPO Subscription Status

The subscription status for Ganesh Infraworld IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
163.52x 865.82x 274.48x -- 369.56x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹157.70 ₹165.55 ₹165.55 ₹157.70

Ganesh Infraworld IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹81.15 ₹78.29 ₹1.89
FY 2023 ₹135.05 ₹127.20 ₹5.21
FY 2024 ₹51.27 ₹45.65 ₹3.98

About Company

Ganesh Infraworld Limited, previously known as Ganesh International, is a fast-growing startup in Eastern India, specializing in providing comprehensive EPC (Engineering, Procurement, and Construction) services. Established with a dynamic and passionate team, the company focuses on offering tailored solutions for civil, electrical, road, rail, and water infrastructure projects. Ganesh Infraworld is committed to providing client-centric services, ensuring timely and high-quality project execution. The company operates around the clock, offering accessibility and support to its clients throughout the year, aiming to revolutionize the EPC industry with a strong emphasis on integrity and professionalism.

Founded in 2017 and converted to a public limited company in 2024, Ganesh Infraworld has aligned itself with India’s growing infrastructure needs. The company specializes in EPC services, spanning a wide range of sectors, including power, bridges, roads, and urban infrastructure. With a focus on sustainable growth, the company operates through three main verticals: civil and electrical infrastructure, road and rail infrastructure, and water infrastructure development. As the Indian government emphasizes infrastructure development to boost the economy, Ganesh Infraworld’s services are vital to meeting national goals, positioning the company as a key player in the country’s ambitious development plans.

Incorporation Date Sector Managing Director
2017 Construction Vibhoar Agrawal

Know Before Investing

Ganesh Infraworld IPO Strengths

  • A robust order book filled with repeat business from top engineering and construction giants.
  • Comprehensive project management and execution expertise, handling every detail from start to finish.
  • Mastering diverse infrastructure sectors with a track record of successful projects.
  • Led by a seasoned management team, driving growth and innovation in every venture.

Ganesh Infraworld IPO Risks

  • The company’s projects are mainly concentrated in West Bengal, and regional policy or economic changes could affect its operations.
  • A significant portion of orders comes from established client relationships, and losing these could harm growth and profitability.
  • The business is capital-intensive, and cash flow issues or difficulty securing financing could impact operations and financial stability.

Swot Analysis for Ganesh Infraworld IPO

Strengths

Strong order book, Efficient project execution, Experienced management team

Weaknesses

Relatively new company, Dependency on key clients for revenue

Opportunities

Growing infrastructure demand, Potential for geographical expansion

Threats

Intense competition, Economic fluctuations affecting project viability

Company Details

Ganesh Infraworld Limited

HA-153, Sector -III,
Salt Lake, Purbachal, North 24 Parganas,
Saltlake – 700 097

Phone: +91-33 4604 1066

Email: cs@ganeshinfraworld.com

Website: https://ganeshinfraworld.com/

IPO Registar Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: ganeshinfraworld.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

FAQs

The key objectives of Ganesh Infraworld IPO are:

  • To meet long-term working capital requirements; and
  • General Corporate Purposes.

Vivro Financial Services Private Limited is the book-running lead managers for the Ganesh Infraworld IPO.

Leave a Reply

Your email address will not be published. Required fields are marked *