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Ganesh Infraworld IPO

Open Sme
NSE 29 November - 03 December 2024
Ganesh Infraworld Limited IPO is a book build issue of 98.58 Cr. The issue is entirely a fresh issue of 11876800 shares aggregating to 98.58 Cr. Ganesh Infraworld Limited IPO opened for subscription on Nov 29, 2024 and closed on Dec 03, 2024. The allotment for the this IPO was finalized on Dec 04, 2024. IPO was listed on NSE and BSE on Dec 06, 2024. Ganesh Infraworld Limited IPO is set issue price band at ₹78 to ₹83 per share.

Current GMP

₹78 (+93.98%)

Price Band

₹ 78 – 83

Lot Size

1600

Issue Size

₹98.58 Cr

Minimum Investment

₹265600 (3200 Shares)

Listing Date

06 December 2024

Subscription

373.66x

About the Company

Ganesh Infraworld Limited is a construction company providing a wide range of services across industrial civil projects, residential and commercial buildings, road and railway infrastructure, power projects, and water distribution in India. Specializing in integrated engineering, procurement, and construction (EPC) services, the company offers comprehensive solutions spanning planning, design, construction (mechanical, electrical, civil), and material supply for project execution. Its operations are divided into three main verticals: civil and electrical infrastructure, road and rail infrastructure, and water infrastructure development.

The company has built a strong reputation through its execution of numerous engineering projects, often as a sub-contractor for large established companies. 

Founded as a partnership firm in 2017 by Vibhoar Agrawal and Rachita Agrawal, the company later became "Ganesh Infraworld Private Limited" and was subsequently converted into a public limited company in 2024. It operates across multiple states in India, including West Bengal, Rajasthan, Uttar Pradesh, Maharashtra, and several others. Vibhoar Agrawal, the Chairman, Managing Director, and CEO, has been a driving force behind the company's growth, leveraging his 8+ years of experience in the construction sector. The Chief Operating Officer, Rupkumar Bhattacharyay, brings over 24 years of expertise in civil engineering and construction projects.

Promoters

  1. Vibhoar Agrawal
  2. Rachita Agrawal
Promoters Holding

Holding Pre Issue

81.84%

Holding Post Issue

0.00%

Objects of the Issue

The Company intends to utilize the gross proceeds raised through the Issue for the following objectives:

  1. To meet long-term working capital requirements.
  2. General Corporate Purposes.

Address / Contact Info

Ganesh Infraworld Limited
Godrej Genesis, 906, 9th Floor, Street No. 18,
Block - EP&GP, Sector-V, Salt Lake, Bidhan Nagar,
CK Market, North 24 Parganas, Saltlak - 700 091

Phone: +91-33 4604 1066
Email: cs@ganeshinfraworld.com
Website: https://ganeshinfraworld.com

IPO Snapshot

Face Value₹5 per share
Price Band₹ 78 – 83
Lot Size1600
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 98.58 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 98.58 Cr
Listing AtNSE
Industry
Sector
QIB Quota0%
Retail Quota0%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Ganesh Infraworld IPO is a Book-building IPO worth ₹98.58 crores. The price band is ₹78 to 83 per share. The IPO opens on Fri, Nov 29, 2024 and closes on Tue, Dec 3, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Ganesh Infraworld IPO opens on Fri, Nov 29, 2024 and closes on Tue, Dec 3, 2024

Ganesh Infraworld IPO Price Band is ₹78 to 83.

Ganesh Infraworld IPO lot size is 1600, and the minimum amount required for application is ₹265600.

The minimum investment for Ganesh Infraworld IPO is approximately ₹265600 based on the upper price band.

To apply for the Ganesh Infraworld IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Dec 3, 2024. After submission, funds are blocked until the basis of allotment of Ganesh Infraworld IPO is finalised.

Ganesh Infraworld IPO issue size is ₹98.58 crores.

Ganesh Infraworld IPO allotment date is Sat, Jun 27, 2026.

The registrar for Ganesh Infraworld IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Ganesh Infraworld IPO through their official website or helpline.

The Ganesh Infraworld IPO GMP (Grey Market Premium) is ₹78 as of Fri, Dec 6, 2024. Based on the upper price band of ₹83 per share, the estimated Ganesh Infraworld IPO listing price is ₹161, indicating a potential listing gain of approximately 31% over the issue price.