Ganesh Infraworld Limited is a construction company that provides construction-related services. The company specialises in industrial, civil, residential, and commercial buildings, road construction, railway, power, and water distribution projects across India.
The company’s business can be divided into three segments:
- Civil and electrical infrastructure projects;
- Road and rail infrastructure development projects; and
- Water infrastructure development projects.
The company provides engineering, procurement, and construction (EPC) services. It covers all parts of the construction process, including planning, design, and building. This includes mechanical, electrical, civil, and industrial services and supplying materials needed for these tasks.
The clients include various construction companies, such as Magnum Ventures Limited, Raikela Iron Ore Mines, JD Cables Private Limited, Celica Motocorp Private Limited, Jain International Power Limited, and Nirmala Developers, for whom the company has provided contractual services.
Ganesh Infraworld operates in various states, including Rajasthan, Uttar Pradesh, Maharashtra, Odisha, Haryana, Jharkhand, Bihar, Jammu & Kashmir, Andhra Pradesh and Chhattisgarh.
As of August 31, 2024, the company had 41 active projects valued at about Rs 57,485.53 lakhs. These projects are spread across 13 different states and sectors.
As of August 31, 2024, the company has 42 department employees.
Ganesh Infraworld IPO – Details
| IPO Opening Date | 29 November 2024 |
| IPO Closing Date | 03 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,18,76,800 Shares Worth ₹98.58 Crore Fresh Issue: 1,18,76,800 Shares Worth ₹98.58 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹78 – ₹83 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Ganesh Infraworld IPO – Date Schedule
| IPO Open Date | 29 November 2024 |
| IPO Close Date | 03 December 2024 |
| Basis of Allotment | 04 December 2024 |
| Initiation of Refund | 05 December 2024 |
| Credit of Shares to Demat Account | 05 December 2024 |
| IPO Listing Date | 06 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 03, 2024 |
Ganesh Infraworld IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,32,800 |
| Retail (Max) | 1 | 1600 | ₹1,32,800 |
| HNI (Min) | 2 | 3200 | ₹2,65,600 |
Competitive Strengths
- Experienced management team with solid industry knowledge.
- Partnerships with reputable companies nationwide to capitalize on emerging infrastructure development opportunities.
- Strong order book from large engineering and construction companies with repeat orders
- Effective management of working capital, thereby optimizing financial efficiency.
Company Promoters
- Vibhoar Agrawal
- Rachita Agrawal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 81.15 | 78.29 | 1.88 | 3.04 |
| 31 March 2023 | 135.04 | 127.20 | 5.20 | 7.08 |
| 31 March 2024 | 291.81 | 269.57 | 15.54 | 30.72 |
| 31 August 2024 | 212.32 | 191.93 | 15.37 | 10.73 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 29.74 |
| ROCE | 35.17 |
| Debt/Equity | 0.16 |
| RoNW | 29.74 |
| P/BV | 3.87 |
| PAT Margin (%) | 7.24 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.04 | 8.64 |
| P/E (x) | 16.47 | 9.61 |
Object Of The Issue
- To meet long-term working capital requirements; and
- General Corporate Purposes.
Ganesh Infraworld IPO Promoter Holding
| Pre Issue Share Holding | 81.84% |
| Post Issue Share Holding | – |
Ganesh Infraworld IPO Prospectus
- Ganesh Infraworld IPO DRHP
- Ganesh Infraworld IPO RHP
Company Contact Information
| Ganesh Infraworld Limited Godrej Genesis, 906, 9th Floor, Street No. 18, Block – EP&GP, Sector-V, Salt Lake, Bidhan Nagar, CK Market, North 24 Parganas, Saltlak – 700 091 Phone: +91-33 4604 1066 Email: cs@ganeshinfraworld.com Website: https://ganeshinfraworld.com/ |
Ganesh Infraworld IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: ganeshinfraworld.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Ganesh Infraworld IPO Lead Manager(s)
| 1. Vivro Financial Services Private Limited |
Ganesh Infraworld IPO FAQs
| What is Ganesh Infraworld IPO? Ganesh Infraworld IPO is an SME IPO. The issue is priced at ₹78 and ₹83 per equity share. The IPO is to be listed on NSE SME. |
| When Ganesh Infraworld IPO will open? The IPO is to open on 29 November 2024 for QIB, NII, and Retail Investors. |
| What is Ganesh Infraworld IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Ganesh Infraworld IPO? You can apply Ganesh Infraworld IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Ganesh Infraworld IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Ganesh Infraworld IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Ganesh Infraworld IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Ganesh Infraworld IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Ganesh Infraworld IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ganesh Infraworld IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Ganesh Infraworld IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Ganesh Infraworld IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Ganesh Infraworld IPO Size? Ganesh Infraworld IPO size is ₹98.58 Crore. |
| What is Ganesh Infraworld IPO Price Band? Ganesh Infraworld IPO Price Band is ₹78 – ₹83. |
| What is Ganesh Infraworld IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1600 Shares with ₹132,800 amount while the maximum bid is 1600 Shares with ₹1,32,800. |
| What is the Ganesh Infraworld IPO Allotment Date? Ganesh Infraworld IPO allotment date is 04 December 2024. |
| What is the Ganesh Infraworld IPO Listing Date? Ganesh Infraworld IPO listing date is 06 December 2024. The IPO is to be listed on NSE SME. |
