Ganesh Infraworld Limited
Bookbuilding IPO · NSE
- Price band
- ₹78 - ₹83
- Lot size
- 1,600 shares
- Issue amount
- ₹98.58 cr
- Total subscription
- 377.88×
- Opens
- 29 Nov 2024
- Closes
- 3 Dec 2024
- Allotment
- 4 Dec 2024
- Listing
- 6 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 1,18,76,800 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹1,24,800
- Fresh issue
- ₹98.58 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,08,44,597
- Shares after issue
- 4,27,21,397
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 1,600 | ₹1,32,800 |
| HNI | 2 | 3,200 | ₹2,65,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 121 |
| NIB | — | 64,332 |
| RETAIL | — | 6,77,677 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 31.08 | 8,999.55 |
Financial performance
Company financials
In Lakhs. · Reported periods may include interim results.
Key performance indicators
| Metric | Aug-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.98 | 5.66 | 1.38 |
| ROE | 29.74 | 59.38 | 44.62 |
| ROCE | 35.17 | 89 | 72.96 |
| RONW | 29.74 | 59.38 | 44.62 |
| Pre IPO | 16.47 | 0 | 0 |
| Post IPO | 9.61 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Ganesh Infraworld Limited, incorporated in 2017, is a construction and infrastructure services company providing industrial, residential, and commercial building projects, road and rail infrastructure, power, and water supply projects across India. Specializing in integrated EPC services, the company manages the entire construction lifecycle, including planning, design, and execution of mechanical, electrical, civil, and industrial works. Its operations are organized into three verticals: civil and electrical infrastructure, road and rail development, and water infrastructure. Ganesh Infraworld has executed projects for clients such as Magnum Ventures Limited, Raikela Iron Ore Mines, and JD Cables Private Limited, completing projects worth ₹50,406.77 lakhs over the past three years. As of July 31, 2024, it holds an order book of 29 ongoing projects valued at ₹53,306.87 lakhs across 10 states, supported by 42 permanent employees as of March 31, 2024.
Strengths
- Robust Order Book: Strong pipeline of ₹53,306.87 lakhs across 29 ongoing projects, supported by repeat orders from reputable clients.
- Execution Expertise: Proven track record of successfully managing and executing projects worth ₹50,406.77 lakhs over the past three years.
- Diverse Infrastructure Focus: Expertise in civil, electrical, road, rail, and water infrastructure projects across multiple segments.
Risk factors
- Regional Concentration: Heavy dependence on West Bengal projects exposes the company to local policy, regulatory, or economic changes.
- Client Dependence: Relying on a few large clients for orders increases revenue risk if any relationship weakens.
- Working Capital Intensity: High capital needs and cash flow pressures could affect profitability and limit flexibility.
Promoters
Vibhoar Agrawal
Rachita Agrawal
Registrar & documents
Lead manager
Vivro Financial Services Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
HA-153, Sector -III, Salt Lake, Purbachal, North 24 Parganas, Saltlake – 700 097
+91-33 4604 1066
[email protected]Company website ↗Understanding GANESHIN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.