Ganesh Infraworld IPO Date, Price, GMP, Review, Details, Issue Date, Lot Size, Allotment, Subscription Status
The Ganesh Infraworld IPO is set to open on November 29, 2024, and close on December 3, 2024. It is a Book Built Issue aiming to raise approximately ₹98.58 crores. This includes a fresh issue worth ₹98.58 crores and an offer for sale of equity shares with a face value of ₹10 each.
The IPO price band is set between ₹78 and ₹83 per share. The allocation quota is divided as Retail (35%), QIB (50%), and NII (15%). The shares are scheduled to list on the NSE on December 6, 2024, with allotment finalization on December 4, 2024.
Financial Highlights
- Revenue in 2024: ₹51.27 crores (2023: ₹135.05 crores)
- Profit in 2024: ₹3.98 crores (2023: ₹5.21 crores)
Given its financials, investors may consider this IPO for long-term investment potential.
Ganesh Infraworld IPO Details
| Particulars | Details |
|---|---|
| Open Date | November 29, 2024 |
| Close Date | December 3, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹78 to ₹83 per share |
| Issue Size | Approx ₹98.58 crores |
| IPO Type | Book Built Issue |
| Listing Exchange | NSE SME |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
Market Lot Details
The minimum market lot for Ganesh Infraworld IPO is 1,600 shares.
| 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 |
IPO Timeline
| Event | Date |
|---|---|
| Open Date | November 29, 2024 |
| Close Date | December 3, 2024 |
| Allotment Date | December 4, 2024 |
| Refunds | December 5, 2024 |
| Credit to Demat | December 5, 2024 |
| Listing Date | December 6, 2024 |
Promoters
The company is promoted by Vibhoar Agrawal and Rachita Agrawal.
About Ganesh Infraworld
Incorporated in 2017, Ganesh Infraworld Limited specializes in providing infrastructure support services, including:
- Water supply systems
- Power generation and distribution
- Railroad construction
- Industrial and residential building development
Operating across several states, the company is committed to delivering top-notch infrastructure.
Financial Performance
| Year | Revenue (₹ Cr.) | Expense (₹ Cr.) | PAT (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 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 |
Key Financial Ratios (FY2024)
| Metric | Value |
|---|---|
| ROE | 59.38% |
| ROCE | 89.00% |
| EBITDA Margin | 8.29% |
| PAT Margin | 5.33% |
| Debt-to-Equity Ratio | 0.83 |
| EPS (Basic) | ₹5.66 |
| NAV | ₹13.55 |
Objectives of the Issue
- To meet long-term working capital needs
- General corporate purposes
How to Apply?
Investors can apply for the IPO through:
- ASBA via net banking
- UPI through stockbrokers
- Offline application through brokers
Key FAQs
- What is Ganesh Infraworld IPO?
Ganesh Infraworld IPO is an SME IPO to raise ₹98.58 crores at a price band of ₹78-₹83. - What is the lot size?
The minimum lot size is 1,600 shares, requiring an investment of ₹132,800. - When will the IPO list?
The IPO is expected to list on December 6, 2024, on NSE.
Registrar and Contact
- Registrar: Satellite Corporate Services Pvt. Ltd.
Email: service@satellitecorporate.com
Website: Satellite Corporate - Company: Ganesh Infraworld Limited
Email: cs@ganeshinfraworld.com
Website: Ganesh Infraworld
