The Ganesh Infraworld IPO is a book-built issue amounting to ₹98.58 crores. A total of 118.77 lakh shares are being issued entirely as a fresh issue.
The subscription for the Ganesh Infraworld IPO is scheduled to open on November 29, 2024, and close on December 3, 2024. The allotment of shares is expected to be finalized on Wednesday, December 4, 2024. The IPO is set to be listed on NSE SME, with the tentative listing date scheduled for Friday, December 6, 2024.
The price band for the Ganesh Infraworld IPO has been set between ₹78 and ₹83 per share. A minimum lot size of 1,600 shares is required for an application. An investment of ₹132,800 is needed for retail investors, while the minimum investment for HNIs is 2 lots (3,200 shares), amounting to ₹265,600.
Get the Refer to Ganesh Infraworld IPO RHP for detailed information.
| IPO Date | November 29, 2024 to December 3, 2024 |
| Listing Date | December 6, 2024 |
| Face Value | ₹ 5 / Share |
| Price Band | ₹ 78 to ₹ 83 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | ₹98.58 Cr |
| Fresh Issue | ₹98.58 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 30,844,597 |
| Share holding post issue | 42,721,397 |
| Market Maker portion | 1,187,200 shares |
Ganesh Infraworld Limited IPO opens on November 29, 2024, and closes on December 3, 2024.
| IPO Open Date | November 29, 2024 |
| IPO Close Date | December 3, 2024 |
| Basis of Allotment | December 4, 2024 |
| Initiation of Refunds | December 5, 2024 |
| Credit of Shares to Demat | December 5, 2024 |
| Listing Date | December 6, 2024 |
| Cut-off time for UPI mandate confirmation | December 3, 2024 |
Bids for the Ganesh Infraworld IPO can be placed for a minimum of 1,600 shares and in multiples thereafter. The table below outlines the minimum and maximum investment details for retail investors and HNIs in terms of shares and corresponding amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | Rs.132,800 |
| Retail (Max) | 1 | 1,600 | Rs.132,800 |
| S-HNI (Min) | 2 | 3,200 | Rs.265,600 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 81.84% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Ganesh Infraworld Limited, incorporated in 2017, specializes in providing construction and allied services across various sectors in India, including industrial construction projects, residential and commercial buildings, road construction, railroad infrastructure, power projects, and water supply projects.
Integrated engineering, procurement, and construction (EPC) services are the company's area of expertise, offering solutions across the entire construction value chain. These services encompass planning, design, and construction, including mechanical, electrical, civil, and industrial services, as well as the supply of materials required for project execution.
Ganesh Infraworld operates through three primary business verticals, which are:
The company has also served as a contractor for several small and medium-sized clients on various engineering and civil construction projects, including Magnum Ventures Limited, Raikela Iron Ore Mines, JD Cables Private Limited, Celica Motocorp Private Limited, Jain International Power Limited, and Nirmala Developers, among others.
Over the last three financial years, the company has successfully executed projects valued at ₹50,406.77 lakhs. As of August 31, 2024, the company's order book includes 41 ongoing projects, with a total value of approximately ₹57,485.53 lakhs, spread across 13 different states.
Competitive strengths:-
| KPI | Values |
|---|---|
| ROE | 29.74 |
| ROCE | 35.17 |
| Debt/Equity | 0.16 |
| RoNW | 29.74 |
| P/BV | 3.87 |
| PAT Margin (%) | 7.24 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
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/ |
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 |
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