Ganesh Infraworld IPO GMP, Open Date, Price Band, Allotment Status

  • 21-Nov-2024
  • 2 mins read
Ganesh Infraworld IPO

Ganesh Infraworld IPO GMP, Open Date, Price Band, Allotment Status

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 SME IPO

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.

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