Ganesh Infraworld Ltd IPO
Open Demat Account
Ganesh Infraworld Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 118.77 L | TBA | ₹ 37.41 L | ₹ 252.45 L | NSE | ₹ 98.58 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 29 Nov, 24 | 03 Dec, 24 | 1600 | ₹ 1,24,800 | Book Building - SME | 06 Dec, 24 |
Ganesh Infraworld Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Construction |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 65.4x | 5344800 | 349534400 |
| NII | 870.09x | 1603440 | 1395144000 |
| Retail | 289.81x | 3741360 | 1084283200 |
| Employee | 0x | 0 | 0 |
| Total | 238.19x | 11876800 | 2828961600 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 5.70 | TBA | TBA |
| EBITDA | 5.78 | TBA | TBA |
| PAT | 3.98 | TBA | TBA |
| Total Assets | 69.78 | TBA | TBA |
| Share Capital | 10.98 | TBA | TBA |
| Total Borrowings | 30.89 | TBA | TBA |
| Operating Activities (Net Cash) | 4.06 | TBA | TBA |
| Investing Activities (Net Cash) | 18.79 | TBA | TBA |
| Financing Activities (Net Cash) | 30.89 | TBA | TBA |
| Net Cashflow | 5.61 | TBA | TBA |
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.
