Ganesh Infraworld IPO open date is on 29 November to 3 December 2024. This new IPO is a book-built issue of Rs 98.58 crores. This upcoming IPO is a completely fresh issue of 118.77 lakh equity shares.
Ganesh Infraworld IPO price band is Rs 78 to Rs 83 per share. The lot size is 1600 shares and the allotment date is finalised on Wednesday, December 4, 2024. The minimum investment for the retail investors for 1 lot is Rs 1,32,800.
As of now, Ganesh Infraworld IPO GMP is 4 indicates mild bullish sentiment for this IPO among investors. The listing of this script will be at NSE SME platform.
Ganesh Infraworld IPO Allotment status and IPO subscription details will be available after the IPO closes. The allotment details will be visible on the registrar website. The registrar for Ganesh Infraworld IPO is Link Intime Private Limited.
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Ganesh Infraworld IPO GMP
Ganesh Infraworld IPO GMP quotation is around Rs 4 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Ganesh Infraworld IPO GMP might rise in the coming days.
Ganesh Infraworld IPO Price Band
Ganesh Infraworld IPO price band is Rs 78 to Rs 83 per share. The minimum amount of investment for the retail category is to be around Rs 1,32,800. The minimum investment for HNI is 2 lots amounting to Rs 2,65,600.
Ganesh Infraworld IPO Open Date, Close Date
Ganesh Infraworld IPO open date is 29 November 2024 and closing date is 3 December 2024. Initiation of refund date is December 5, 2024 and credit of shares will be on 5 December 2024.
Ganesh Infraworld IPO Allotment Status
Ganesh Infraworld IPO allotment status will be finalised on Wednesday, 4 December 2024. The listing will be on the NSE SME platform. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
Ganesh Infraworld IPO Listing Date
Ganesh Infraworld IPO's listing date is 4 December 2024. The Listing will be on both the NSE SME platform only. Retail investors can sell the shares after 10 AM on the listing day.
Ganesh Infraworld IPO: Listing Date, Lot Size, Price Band
IPO Date |
November
29, 2024 to December 3, 2024 |
Listing Date |
December
6, 2024 |
Face Value |
Rs
5 per share |
Price Band |
Rs
78 to Rs 83 per share |
Lot Size |
1600
Shares |
Total Issue Size |
11,876,800
shares amounting
to Rs 98.58 crore |
Fresh Issue |
11,876,800
shares amounting
to Rs 98.58 crore |
Issue Type |
Book
Built Issue IPO |
Listing At |
NSE
SME |
Ganesh Infraworld IPO Limited: About the Company
Ganesh Infraworld Limited founded in 2017, engaged in the business of construction and allied services for industrial construction projects. The projects are also involved in residential and commercial buildings, road construction, railroad infrastructure projects, power projects, and water supply projects in India.
Ganesh Infraworld Limited specialises in integrated engineering, procurement, and construction services. It offers services across the entire construction value chain from planning, design, and construction including mechanical, electrical, civil, and industrial services to the supply of materials for execution of services.
The company’s competitive strengths is: 1) Strong order book from large engineering and construction companies with repeat orders. 2) Consistent project management and execution expertise. 3) Management of various segments of infrastructure projects.
Ganesh Infraworld IPO Objectives
The funds raised from Ganesh Infraworld IPO will be used for meeting the day-to-day capital needs of the company. Also, to fulfil the general corporate purposes and to meet the public issue expenses.
Ganesh Infraworld IPO: Key Dates, Allotment, Listing Date
IPO Open
Date |
Friday,
November 29, 2024 |
IPO Close Date |
Tuesday,
December 3, 2024 |
Basis of Allotment |
Wednesday,
December 4, 2024 |
Initiation of Refunds |
Thursday,
December 5, 2024 |
Credit of Shares to Demat |
Thursday,
December 5, 2024 |
Listing Date |
Friday,
December 6, 2024 |
Cut-off time for UPI mandate |
5
PM on December 3, 2024 |
Ganesh Infraworld IPO Subscription Details, IPO Reservation
Ganesh Infraworld IPO subscription details will be available after the IPO opens on 27 November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.
Ganesh Infraworld IPO Lot Size Details
Ganesh Infraworld IPO lot size is 1600 shares per lot. For retail, the minimum and maximum lot size is amounting to around Rs 1,32,800. For HNI minimum lot size is 2 lots amounting to Rs 2,65,600.
Ganesh Infraworld IPO Promoter Holdings
Ganesh
Infraworld IPO promoters are Vibhoar
Agrawal and Rachita Agrawal. The promoters' shareholdings before the IPO
were 81.84%; however, after the IPO, shareholdings will decline.
Ganesh Infraworld Limited
Company Financials (in Lakhs)
Ganesh Infraworld Limited posted revenue of Rs 21,232.86 crore and net profit of Rs 1,537.20 crore for the period ending on 31 August 2024. The company’s revenue increased by 116% and PAT rose by 198% between the FY ending on 31 March 2024 and 31 March 2023.
Period
Ended |
31 Aug 2024 |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
12,006.17 |
17,725.32 |
4,266.89 |
2,529.77 |
Revenue |
21,232.86 |
29,181.12 |
13,504.85 |
8,115.46 |
Profit After Tax |
1,537.20 |
1,554.47 |
520.92 |
188.75 |
Net Worth |
6,617.24 |
3,720.04 |
1,515.22 |
819.44 |
Reserves and Surplus |
5,075.01 |
2,622.26 |
|
|
Total Borrowing |
1,033.02 |
3,072.42 |
708.96 |
304.99 |
Ganesh Infraworld IPO Registrar
Ganesh Infraworld IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.
Ganesh Infraworld IPO Lead Managers
Ganesh Infraworld IPO lead managers are Vivro Financial Services Private Limited. The market maker of the SME IPO is Share India Securities.
How to apply to Ganesh Infraworld IPO
Interested investors can apply to the Ganesh Infraworld IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.
Ganesh Infraworld IPO FAQ
1. What are the details of the Ganesh Infraworld IPO?
Ganesh Infraworld IPO is a completely fresh issue of 118.77 lakh equity shares. The price band is Rs 78 to Rs 83 per share. The lot size is 1600 shares and the minimum investment for the retail investors for 1 lot is Rs 1,32,800.
2. When will the Ganesh Infraworld IPO open and close?
Ganesh Infraworld IPO open date is 29 November 2024 and closing date is 3 December 2024. Initiation of refund date is December 5, 2024 and credit of shares will be on 5 December 2024.
3. What is Ganesh Infraworld IPO GMP?
Ganesh Infraworld IPO GMP quotation is around Rs 4 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Ganesh Infraworld IPO GMP might rise in the coming days.
4. What are the details of Ganesh Infraworld IPO reservation?
Ganesh Infraworld IPO subscription details will be available after the IPO opens on 29 November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.
5. Write the details of the IPO Allotment Status?
Ganesh Infraworld IPO allotment status will be finalised on Wednesday, 4 December 2024. The listing will be on the NSE SME platform. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Ganesh Infraworld IPO?
Ganesh Infraworld IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. Vivro Financial Services Private Limited are the lead managers.
Also Read:
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- What is IPO GMP?
- Difference between IPO and FPO For Beginners
- Difference between SME IPO and Mainline IPO?