Ganesh Infraworld IPO Details: The Ganesh Infraworld IPO is set to open on November 29, 2024, and will close on December 3, 2024. This IPO is a Book Built Issue, with the company aiming to raise approximately ₹98.58 crores. This amount includes a fresh issue of ₹98.58 crores and an offer for sale of an undisclosed number of equity shares, each with a face value of ₹10.
The IPO’s price band is set between ₹78 and ₹83 per share, with allocations as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The shares are scheduled to be listed on the NSE on December 6, 2024, with the allotment date set for December 4, 2024.
Financially, Ganesh Infraworld reported a revenue of ₹51.27 crores in 2024, a decrease from ₹135.05 crores in 2023. The company’s profit was ₹3.98 crores in 2024, compared to ₹5.21 crores in 2023. Considering these financials, long-term investors might find this IPO appealing.
Ganesh Infraworld IPO Objectives:
- To meet long-term working capital requirements; and
- General Corporate Purposes.
Ganesh Infraworld IPO Review (Apply or Not)
- Apply
Ganesh Infraworld IPO Date & Price Band Details:
| IPO Open Date: | November 29, 2024 |
| IPO Close Date: | December 3, 2024 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹78 to ₹83 Per Share |
| Issue Size: | Approx ₹98.58 Crores |
| Fresh Issue: | Approx ₹98.58 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Ganesh Infraworld IPO Lot Size:
The minimum market lot for the Ganesh Infraworld IPO is 1,600 shares, requiring an application amount of ₹132,800.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,600 | ₹132,800 |
| Retail Maximum | 1 | 1,600 | ₹132,800 |
| S-HNI Minimum | 2 | 3,200 | ₹265,600 |
Ganesh Infraworld IPO Timeline:
The Ganesh Infraworld IPO is scheduled to open on November 29 and will close on December 3. The allotment will be finalized on December 4, with the listing set for December 6.
| IPO Open Date: | November 29, 2024 |
| IPO Close Date: | December 3, 2024 |
| Basis of Allotment: | December 4, 2024 |
| Refunds: | December 5, 2024 |
| Credit to Demat Account: | December 5, 2024 |
| IPO Listing Date: | December 6, 2024 |
Ganesh Infraworld IPO GMP Today:
The latest Grey Market Premium (GMP) for the Ganesh Infraworld SME IPO stands at ₹12. Based on the upper price band of ₹83, the estimated listing price is projected to be ₹95 (cap price + current GMP). This suggests an anticipated gain of 14.46% per share.
Promoters of the Ganesh Infraworld IPO
The company’s promoters are Vibhoar Agrawal and Rachita Agrawal.
About Ganesh Infraworld Limited
Incorporated in 2017, Ganesh Infraworld Limited specializes in delivering support services for a wide range of projects and developments. The company’s offerings include water supply systems, power generation and distribution, and railroad construction. Additionally, it has provided services for industrial construction, as well as residential and commercial building projects.
Ganesh Infraworld began its operations in West Bengal and has since expanded to several states, including Rajasthan, Uttar Pradesh, Odisha, Haryana, Jharkhand, Bihar, and Andhra Pradesh. The company is committed to delivering high-quality infrastructure that enhances human comfort. For 2024, Ganesh Infraworld reported a revenue of ₹5,126.99 lakhs, with total assets amounting to ₹10,335.33 lakhs.
Ganesh Infraworld IPO Company Financial Report
The company reported revenue of ₹51.27 crores in 2024 against ₹135.05 crore in 2023. The company reported Profit of ₹3.98 crores in 2024 against Profit of ₹5.21 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹81.15 | ₹78.29 | ₹1.89 | ₹25.30 |
| 2023 | ₹135.05 | ₹127.20 | ₹5.21 | ₹42.67 |
| 2024 | ₹51.27 | ₹45.65 | ₹3.98 | ₹103.35 |
Ganesh Infraworld IPO Valuation – FY2024
Check Ganesh Infraworld IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 59.38% |
| ROCE: | 61.58% |
| EBITDA Margin: | 8.29% |
| PAT Margin: | 5.33% |
| Debt to equity ratio: | 0.83 |
| Earning Per Share (EPS): | ₹5.66 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 59.38% |
| Net Asset Value (NAV): | ₹13.55 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Capacit’e Infrastructure Limited (Consolidated) | 16.09 | 20.00 | 9.29% | 179.30 | 1,931.64 Cr. |
| Chavda Infrastructure Limited (Standalone) | 8.72 | 17.88 | 30.54% | 37.49 | 241.66 Cr. |
| AVP Infracom Ltd (Consolidated) | 7.47 | 19.76 | 31.25% | 37.62 | 160.87 Cr. |
| PSP Projects Ltd (Consolidated) | 34.16 | 19.97 | 14.33% | 254.13 | 2,505.79 Cr. |
Ganesh Infraworld IPO Registrar
Satellite Corporate Services Private Limited
Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: https://www.satellitecorporate.com/ipo-query.php
IPO Lead Managers aka Merchant Bankers
- Vivro Financial Services Private Limited
Company Address
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/
Ganesh Infraworld IPO FAQs
What is the Ganesh Infraworld IPO?
The Ganesh Infraworld IPO is an SME IPO through which the company aims to raise ₹98.58 crores. The price range for each equity share is set between ₹78 and ₹83, and the IPO will be listed on the NSE.
When will the Ganesh Infraworld IPO open for subscription?
The IPO will be open for subscription from November 29, 2024, and will close on December 3, 2024. It is available to Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors.
What is the allocation for different investor categories in the Ganesh Infraworld IPO?
The allocation is divided as follows: 50% for QIB, 15% for NII, and 35% for Retail Investors.
How can I apply for the Ganesh Infraworld IPO?
You can apply for the Ganesh Infraworld IPO online using the ASBA (Application Supported by Blocked Amount) facility through your bank account. Alternatively, you can apply online via UPI through your stockbroker or submit an offline application through your broker.
What is the issue size of the Ganesh Infraworld IPO?
The total issue size for the Ganesh Infraworld IPO is ₹98.58 crores.
What is the price band for the Ganesh Infraworld IPO?
The price band is set between ₹78 and ₹83 per share.
What is the lot size for the Ganesh Infraworld IPO?
The minimum lot size is 1,600 shares, with an investment amount of ₹132,800.
When is the allotment date for the Ganesh Infraworld IPO?
The allotment date for the Ganesh Infraworld IPO is December 4, 2024.
When will the Ganesh Infraworld IPO be listed?
The IPO is expected to be listed on the NSE on December 6, 2024.
