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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.

Ganesh Infraworld Ltd IPO Details

Total Shares Offered

₹ 1,18,76,800

Offer to Public

TBA

Retail Max (Shares)

₹ 37,41,360

Pre Issue Promoters Holding

₹ 2,52,44,597

Exchange

NSE

Issue size

₹ 98.58 Cr

IPO Open Date

Nov 29, 2024

Close Date

Dec 3, 2024

Lot Size

1600

Min Investment

₹ 1,24,800

Issue Type

Book Building - SME

Listing Date

Dec 6, 2024

Ganesh Infraworld Ltd IPO Dates

Nov 29, 2024

Opening date

Dec 3, 2024

Closing date

Dec 4, 2024

Basis of Allotment

Dec 5, 2024

Initiation of Refunds

Dec 5, 2024

Credit of Shares

Dec 6, 2024

Listing date

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

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

65.4x

870.09x

289.81x

238.19x

5344800

1603440

3741360

11876800

349534400

1395144000

1084283200

2828961600

Ganesh Infraworld Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	538.22	5.67	TBA
EBITDA	56.19	5.75	TBA
PAT	40.05	3.95	TBA
Total Assets	203.25	64.03	TBA
Share Capital	21.36	10.98	TBA
Total Borrowings	72.77	25.14	TBA
Operating Activities (Net Cash)	41.46	4.03	TBA
Investing Activities (Net Cash)	36.03	18.79	TBA
Financing Activities (Net Cash)	72.77	25.14	TBA
Net Cashflow	10.17	5.61	TBA

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.

Peer Comparison:

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

Ganesh Infraworld Ltd 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.

How To Apply for Ganesh Infraworld Ltd IPO Online?

Step 1:

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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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Ganesh Infraworld Ltd IPO?

Ganesh Infraworld Ltd's IPO offers shares for up to 98.58 It begins on Nov 29, 2024 and ends on Dec 3, 2024.

What is the price of the Ganesh Infraworld Ltd IPO?

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

What are the open and close dates for the Ganesh Infraworld Ltd IPO?

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

When will the Ganesh Infraworld Ltd IPO be allotted?

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.

What is the minimum lot size required for Ganesh Infraworld Ltd IPO?

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

What is the GMP of Ganesh Infraworld Ltd IPO?

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

How do you check the allotment status of Ganesh Infraworld Ltd IPO?

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.'

Where is the Ganesh Infraworld Ltd IPO getting listed?

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.

How do you apply for the Ganesh Infraworld Ltd IPO?

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.