IPO

Ganesh Infraworld Limited IPO

NSE SME

Listed On: Dec 6, 2024 at ₹ 157.7

₹ 265600 /3200 Shares
*Min Investment

Check Allotment

29 Nov, 2024

Open Date

03 Dec, 2024

Close Date

04 Dec, 2024

Allotment Date

06 Dec, 2024

Listing Date
Ganesh Infraworld IPO Issue Details
  • Issue Price ₹78-83 per equity share
  • Face Value ₹5 Per Equity Share
  • Total Issue Size 1,18,76,800 shares(aggregating up to ₹98.58 crore)
  • Fresh Share 1,18,76,800 shares(aggregating up to ₹98.58 crore)
  • Listing at NSE SME
  • List Price 157.7
  • Listing Date 2024-12-06
  • Lead Manager Vivro Financial Services Private Limited
  • Registrar Link Intime India Private Ltd
Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)11600₹1,32,800
Retail(max)11600₹1,32,800
NII (min) 23,200₹2,65,600
Ganesh Infraworld IPO Reservation

Ganesh Infraworld IPO offers total 1,18,76,800 shares. Out of which 21,37,600 (18%) allocated to QIB, 16,04,800 (13.51%) allocated to NII,37,44,000 (31.52%) allocated to RII, NA (NA%) allocated to employees and 32,03,200 (26.97%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered32,03,200 (26.97%)
Market Maker Shares Offered11,87,200 (10%)
QIB Shares Offered21,37,600 (18%)
NII (HNI) Shares Offered16,04,800 (13.51%)
Retail Shares Offered37,44,000 (31.52%)
Total Shares Offered1,18,76,800 (100%)
Ganesh Infraworld IPO Documents
DRHP
RHP
Ganesh Infraworld IPO Details


Ganesh Infraworld Limited IPO is an SME IPO, priced at ₹78-83 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 1,18,76,800 equity shares, aggregating up to ₹98.58 crores..

The IPO bidding window is open from Nov 29, 2024 to Dec 3, 2024. The allotment is expected to be finalized on Dec 4, 2024, and the tentative listing date is Dec 6, 2024.

The minimum lot size for Retail investors is 1600 shares, with a minimum investment of ₹1,32,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,65,600.

Vivro Financial Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Rikhav Securities Limited will act as the market maker for this issue.

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Ganesh Infraworld IPO Subscription Analysis And Details
Retail
274.48x
Total
369.72x
As onQIB / NIIRetailTotal
Shares Offered / Reserved2,137,600 / 1,604,8003,744,0007,486,400
Day 1 29-11-24 06:00 PM
0.00 / 1.25 x2.47 x1.50 x
Day 2 02-12-24 06:00 PM
3.51 / 20.84 x36.80 x23.87 x
Day 3 03-12-24 06:00 PM
163.52 / 866.56 x274.48 x369.72 x
Total No of Applications
7,05,492
Ganesh Infraworld Valuations
EPS Pre IPO ₹1.29/-
EPS Post IPO ₹0.93/-
P/E Pre IPO 64.29
P/E Post IPO 89.04
ROE 29.74
ROCE 35.17
Debt/Equity 0.16
RoNW 29.74
PAT Margin 7.24
Price to Book Value 3.87
Ganesh Infraworld Company Financials
In Lakhs
In Lakh
31-Mar-2431-Mar-2331-Mar-22
Assets17,725.324,266.892,529.77
Revenue29,181.1213,504.858,115.46
Profit After Tax1,554.47520.92188.75
Net Worth3,720.041,515.22819.44
Reserves & Surplus2,622.26N/AN/A
Total Borrowing3,072.42708.96304.99
About Ganesh Infraworld Company

Ganesh Infraworld Limited was incorporated in 2017. It is a diversified construction company engaged in industrial, civil, residential, and commercial building projects as well as road, railway, power, and water distribution projects. The company undertakes EPC (Engineering, Procurement, and Construction) services for the planning, designing, execution, and material supply for civil, electrical, mechanical, and industrial projects.

Major Business Divisions:
Civil and Electrical Infrastructure: Offices, hospitals, towers, and expertise in power distribution, substations, and heavy machinery installation.
Road and Rail Development: This comprises concrete and bituminous roadworks and railway overhead equipment (OHE) setup.
Water Infrastructure: Programs include pipe projects, water treatment plants, and reservoirs, and work under the Har Ghar Jal Mission.
Ganesh Infraworld Limited serves diversified clientele which include Magnum Ventures Limited, JD Cables Private Limited, and Nirmala Developers. Currently functioning in 13 states, it is operating and managing 41 active projects which have been aggregating ₹57,485.53 lakhs till August 31, 2024. The company comprises 42 employees.

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Ganesh Infraworld - Promoter(s)

Vibhoar Agrawal

Rachita Agrawal

Pre Issue Share Holding : 81.84%

Post Issue Share Holding : %

Ganesh Infraworld IPO - Issue Objectives
1

To meet long-term working capital requirements

2

General Corporate Purposes.

Ganesh Infraworld IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Ganesh Infraworld Limited5.66N/A13.55N/A59.386.38Standalone
Capacite Infraprojects Ltd16.09N/A179.321.879.291.96Consolidated
Chavda Infra Limited8.72N/A37.4917.4530.544.11Standalone
Avp Infracon Limited7.47N/A37.6224.7331.254.97Consolidated
Psp Projects Ltd34.16N/A254.1318.0814.332.43Consolidated

Notes:

  1. EPS has been sourced from the audited financial statements of the respective Companies as submitted to the Stock Exchanges.
  2. The P/E Ratio has been computed based on the closing market price of equity shares of the respective Companies on the stock exchange(s) on November 14, 2024, divided by the Basic EPS for the financial year ended March 31, 2024.
  3. Return on Net Worth (%) = Profit for the year divided by Net worth of the Company.
  4. NAV is computed as the net worth of the Company divided by the number of equity shares outstanding during the year.
Contact Details

Ganesh Infraworld

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

+91-33 4604 1066

cs@ganeshinfraworld.com

https://ganeshinfraworld.com/

Registrar Contact Details

Link Intime India Private Ltd

+91-22-4918 6270

ganeshinfraworld.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html