Ganesh Infraworld IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 29 Nov 2024
Close Date
Tue, 03 Dec 2024
Price Band
₹ 78 – 83
Lot Size
1600
Issue Size
₹ 98.58 Cr
Minimum Investment
₹ 265,600 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Ganesh Infraworld IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹98.58 Crore, comprising a fresh issue of 1.19 Crore equity shares aggregating to ₹98.58 Crore.
The Ganesh Infraworld IPO remained open for subscription from November 29, 2024, to December 03, 2024. The basis of allotment was finalized on December 04, 2024, and the company's shares were listed on NSE SME Platform on December 06, 2024.
The company had fixed the price band at ₹78 to ₹83 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹265,600 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Vivro Financial Services Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Ganesh Infraworld Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Ganesh Infraworld IPO Timeline (Tentative)
- IPO Open Date
- Fri, 29 Nov 24
- IPO Close Date
- Tue, 03 Dec 24
- Basis of Allotment
- Wed, 04 Dec 24
- Initiation of Refunds
- Thu, 05 Dec 24
- Credit of Shares to Demat
- Thu, 05 Dec 24
- Listing Date
- Fri, 06 Dec 24 — NSE & BSE
Open Date
29 November 2024
Close Date
03 December 2024
Basis Of Allotment
04 December 2024
Listing Date
06 December 2024
IPO Subscription
Check Live Subscription →The Ganesh Infraworld IPO has received bids for 2,79,73,34,400 shares against 74,86,400 shares offered, resulting in an overall subscription of 373.66x. the NII category is subscribed 868.59x, Retail Investors 282x, and QIBs 163.21x.
QIB
163.21x
NII
868.59x
RII
282x
Total
373.66x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 37,41,360 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 21,41,600 shares (0%), while Non-Institutional Investors (NIIs) receive 16,03,440 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 3,203,200 | 0% |
| Market Maker | 1,187,200 | 0% |
| Qualified Institutions | 2,141,600 | 0% |
| Non-Institutional | 1,603,440 | 0% |
| Retail Investors | 3,741,360 | 0% |
| Total | 11,876,800 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 12006.17 | 17725.32 | 4266.89 | 2529.77 |
| Revenue | 21232.86 | 29181.12 | 13504.85 | 8115.46 |
| Profit After Tax | 1537.2 | 1554.47 | 520.92 | 188.75 |
| Net Worth | 6617.24 | 3720.04 | 1515.22 | 819.44 |
| Reserve & Surplus | 5075.01 | 2622.26 | 0 | 0 |
| Total Borrowings | 1033.02 | 3072.42 | 708.96 | 304.99 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Ganesh Infraworld Limited KPI Information
| Particular | KPI as of August 31, 2024. |
|---|---|
| ROE % | 29.74 |
| ROCE % | 35.17 |
| Debt / Equity | 0.16 |
| RoNW % | 29.74 |
| PbW | 3.87 |
| Pat Margin % | 7.24 |
Peers Comparison
No Peer Comparision Available
About Ganesh Infraworld Limited
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.
Ganesh Infraworld IPO Promoters
- Vibhoar Agrawal
- Rachita Agrawal
Promoters Holding
Holding Pre Issue
81.84%
Holding Post Issue
0.00%
Ganesh Infraworld IPO Objective
The Company intends to utilize the gross proceeds raised through the Issue for the following objectives:
- To meet long-term working capital requirements.
- General Corporate Purposes.
Ganesh Infraworld Limited Address / Contact Details
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
Ganesh Infraworld IPO Lot Size
The Ganesh Infraworld IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹1,32,800 by applying for 1 lot (1,600 shares). The maximum application allowed for the retail category is 1 lots (1,600 shares), requiring an investment of ₹1,32,800.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 132,800.00 |
| Retail (Max) | 1 | 1,600 | 132,800.00 |
| S-HNI (Min) | 2 | 3,200 | 265,600.00 |
Issue Reservation
Book Running Lead Managers
- Vivro Financial Services Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Ganesh Infraworld IPO?
Ganesh Infraworld IPO is a Book-building IPO with a total issue size of ₹98.58 crore. The Ganesh Infraworld IPO price band is ₹78 to 83 per share. The Ganesh Infraworld IPO subscription opens on Fri, Nov 29, 2024, and closes on Tue, Dec 3, 2024. The Ganesh Infraworld IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Ganesh Infraworld IPO.
When will the Ganesh Infraworld IPO open for subscription?
The Ganesh Infraworld IPO opens on Fri, Nov 29, 2024 and closes on Tue, Dec 3, 2024
What is Ganesh Infraworld IPO Price Band?
Ganesh Infraworld IPO Price Band is ₹78 to 83 per share.
What is Ganesh Infraworld IPO Lot Size?
Ganesh Infraworld IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹265600 based on the upper price band
What is the minimum investment for Ganesh Infraworld IPO?
The minimum investment for Ganesh Infraworld IPO is ₹265600, based on one lot of 1600 shares at the upper price band of ₹83 per share.
How to apply for Ganesh Infraworld IPO?
Investors can apply for the Ganesh Infraworld IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Dec 3, 2024. The application amount remains blocked until the Ganesh Infraworld IPO allotment is finalized.
What is Ganesh Infraworld IPO Issue Size?
Ganesh Infraworld IPO issue size is ₹98.58 crores.
What is the Ganesh Infraworld IPO Allotment Date?
Ganesh Infraworld IPO allotment date is Wed, Dec 4, 2024.
Who is the Ganesh Infraworld IPO Registrar?
The registrar for Ganesh Infraworld IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Ganesh Infraworld IPO allotment status, refund processing, and other IPO-related information.
What is the Ganesh Infraworld IPO GMP?
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 93.98% over the issue price.
Who is the Ganesh Infraworld IPO Lead Manager?
The book-running lead managers (BRLMs) for the Ganesh Infraworld IPO are Vivro Financial Services Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Ganesh Infraworld IPO Red Herring Prospectus (RHP).