Ganesh Infraworld Ltd IPO

We are a construction company offering a range of construction and allied services across industrial civil projects, residential & commercial buildings, road construction, railway infrastructure projects, power projects and water distribution projects in India. We specialize in integrated engineering, procurement, and construction (EPC) services and provide our services across the construction value chain, ranging from planning, design, construction including mechanical, electrical, civil and industrial and allied services and supply of materials for the execution of services. We conduct our business operations primarily through three verticals, namely, (i) civil and electrical infrastructure projects; (ii) road and rail infrastructure development projects; and (iii) water infrastructure development projects, as a single operating segment of engineering and construction.

Open Demat Account

50years

Ganesh Infraworld Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 118.77 LTBATBA₹ 252.45 LNSE₹ 98.58 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
29 Nov, 2403 Dec, 241600 ₹ 1,24,800 Book Building - SME06 Dec, 24

Ganesh Infraworld Ltd IPO Dates

  • 29 Nov 2024

    Opening date

  • 03 Dec 2024

    Closing date

  • 04 Dec 2024

    Basis of
    Allotment

  • 05 Dec 2024

    Initiation of
    Refunds

  • 05 Dec 2024

    Credit of
    Shares

  • 06 Dec 2024

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x00
NII0x00
Retail0x00
Employee0x00
Total0x118768000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Ganesh Infraworld Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations5.70TBATBA
EBITDA5.78TBATBA
PAT3.98TBATBA
Total Assets69.78TBATBA
Share Capital10.98TBATBA
Total Borrowings30.89TBATBA
Operating Activities (Net Cash)4.06TBATBA
Investing Activities (Net Cash)18.79TBATBA
Financing Activities (Net Cash)30.89TBATBA
Net Cashflow5.61TBATBA

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Ganesh Infraworld Ltd

Our Company was originally formed as a partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of Ganesh International, pursuant to Deed of Partnership dated May 15, 2017. Ganesh International was thereafter converted from a Partnership Firm to Private Limited company under Part I chapter XXI of the Companies Act, 2013 with the name and style of Ganesh Infraworld Private Limited and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated February 13, 2024. Subsequently, our Company was converted into Public Limited Company and name of the Company was changed from Ganesh Infraworld Private Limited to Ganesh Infraworld Limited vide fresh certificate of incorporation dated June 01, 2024.

The infrastructure sector is a key driver of the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the country. The infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. To meet India's aim of reaching a US$ 5 trillion economy by 2025, infrastructure development is the need of the hour. Historically, more than 80% of the country's infrastructure spending has gone toward funding for transportation, electricity, and water, and irrigation.

We are a construction company offering a range of construction and allied services across industrial civil projects, residential & commercial buildings, road construction, railway infrastructure projects, power projects and water distribution projects in India. We specialize in integrated engineering, procurement, and construction (EPC) services and provide our services across the construction value chain, ranging from planning, design, construction including mechanical, electrical, civil and industrial and allied services and supply of materials for the execution of services. We conduct our business operations primarily through three verticals, namely, (i) civil and electrical infrastructure projects; (ii) road and rail infrastructure development projects; and (iii) water infrastructure development projects, as a single operating segment of engineering and construction.

Peer Comparison:

  • Capacit'e Infraprojects Ltd
  • Chavda Infra Ltd
  • AVP Infracon Ltd
  • PSP Projects Ltd

Ganesh Infraworld Ltd IPO Key Points

Strengths

  • Strong Order Book from large engineering and construction companies with repeat orders.
  • End to end project management and execution capabilities.
  • Managing diverse segments of infrastructure projects.
  • Experienced management team.

Risk

  • While the company has a diversified geographical presence, its projects have historically been concentrated in the state of West Bengal and any changes affecting the policies, laws and regulations or the political and economic environment in the region may adversely impact its business, financial condition and results of operations.
  • The company source a large part of its new orders from its relationships with large engineering and construction companies, both present and past. Any failures to maintain its long-standing relationships with the company existing clients or forge similar relationships with new ones would have a material adverse effect on its business operations and profitability.
  • The company's business is working capital intensive. If its experience insufficient cash flows or are unable to access suitable financing to meet working capital requirements and loan repayment obligations, its business, financial condition and results of operations could be adversely affected.

Strategy

  • Expand relationship with our existing customers by leveraging our execution capabilities.
  • Enhance our execution capabilities and geographical reach.
  • Pursuing to procure projects directly from government agencies and other customers as contractors.
  • Efficient working capital management and increase financial efficiency.
  • Strong Order Book from large engineering and construction companies with repeat orders.
  • End to end project management and execution capabilities.
  • Managing diverse segments of infrastructure projects.
  • Experienced management team.

How To Apply for Ganesh Infraworld Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Ganesh Infraworld Ltd's IPO offers shares for up to ₹ 0 L It begins on Nov 29, 2024 and ends on Dec 3, 2024.

The price of Ganesh Infraworld Ltd IPO ranges between ₹78 to ₹83 per share.

The Ganesh Infraworld Ltd IPO opens on Nov 29, 2024 and closes on Dec 3, 2024.

The allotment for the Ganesh Infraworld Ltd IPO will be finalised on Dec 4, 2024. The shares will be listed on BSE and NSE on Dec 6, 2024.

The minimum lot size for Ganesh Infraworld Ltd IPO is 1600 shares, priced between ₹78 to ₹83 per share.

The GMP (Grey Market Premium) of Ganesh Infraworld Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Ganesh Infraworld Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Ganesh Infraworld Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Nov 29, 2024, and closes on Dec 3, 2024. The allotment is finalised on Dec 4, 2024.

To apply for the Ganesh Infraworld Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.