Ganesh Infraworld IPO Details
| IPO Issue Open Date: | 29 November 2024 |
| IPO Issue Close Date: | 3 December 2024 |
| IPO Issue Price Band: | ₹78 to ₹83 Per Share |
| Face Value: | ₹5 Per Equity Share |
| IPO Issue Size: | ₹98.58 Crores | 11,876,800 shares |
| Fresh Issue: | ₹98.58 Crores | 11,876,800 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Ganesh Infraworld IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| DRHP Draft Prospectus: | Click Here |
Ganesh Infraworld IPO Dates Timeline
| Issue Open Date: | 29 November 2024 |
| Issue Close Date: | 3 December 2024 |
| Basis of Allotment Date: | 4 December 2024 |
| Refunds Initiation: | 5 December 2024 |
| Shares Credit in Demat: | 5 December 2024 |
| IPO Listing Date Detail: | 6 December 2024 |
Ganesh Infraworld IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1200 shares = ₹132,800 |
| Retail (Max) | 1 lots and 1200 shares = ₹132,800 |
| HNI (Min) | 2 lots and 3200 shares = ₹265,600 |
| B-HNI Minimum | – |
Ganesh Infraworld IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹75 | ₹90,000 | ₹- | 90% |
| 28th Nov | ₹14 | ₹15,000 | ₹- | 17% |
| 27th Nov | ₹12 | ₹15,000 | ₹- | 14% |
About Ganesh Infraworld
Ganesh Infraworld was originally formed as a partnership firm under the name and style of “Ganesh International” on May 15, 2017. Thereafter, their firm was converted into a Private Limited Company “Ganesh Infraworld Private Limited” on February 13, 2024, pursuant to the provisions of Chapter XXI of the Companies Act and a fresh Certificate of Incorporation dated February 13, 2024. Subsequently, their Company was converted into Public Limited Company and name of the Company was changed from “Ganesh Infraworld Private Limited” to “Ganesh Infraworld Limited” vide a fresh Certificate of Incorporation dated June 01, 2024. Hence, the figures, amounts, ratios and financial information presented for Fiscal 2024 includes the combined amount pertaining to erstwhile partnership firm i.e., Ganesh International till February 12, 2024, and the pertaining to Ganesh Infraworld Private Limited for the period from February 13, 2024, till March 31, 2024.
For further information, please refer section titled “Financial Information” on page 174 of this Red Herring Prospectus. They have included various operational and financial performance indicators in this Red Herring Prospectus, many of which may not be derived from their Restated Financial Information or otherwise be subject to an examination, audit or review by their statutory auditors or any other expert. The manner in which such operational and financial performance indicators are calculated and presented, and the assumptions and estimates used in such calculations, may vary from that used by other companies in India and other jurisdictions
Ganesh Infraworld IPO 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
- Pursuing to procure projects directly from government agencies and other customers as contractors
- Efficient working capital management and increase financial efficiency
Objects of the IPO Issue
- To meet long-term working capital requirements; and
- General Corporate Purposes.
Ganesh Infraworld Company Financial Report
The company reported revenue of ₹51.27 crores in 2024 against ₹135.05 crores in 2023. The company reported a profit of ₹3.98 crores in 2024 against a loss of ₹5.21 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹81.15 | ₹78.29 | ₹1.89 | ₹25.30 |
| 2023 | ₹135.05 | ₹127.20 | ₹5.21 | ₹42.67 |
| 2024 | ₹51.27 | ₹45.65 | ₹3.98 | ₹103.35 |
Ganesh Infraworld IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 59.38% |
| ROCE: | 89.00% |
| EBITDA Margin: | 8.29% |
| PAT Margin: | 5.33% |
| Debt to equity ratio: | 0.83 |
| Earning Per Share (EPS): | ₹5.66 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 59.38% |
| Net Asset Value (NAV): | ₹13.55 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Capacit’e Infrastructure Limited (Consolidated) | 16.09 | 20.00 | 9.29% | 179.30 | 1,931.64 Cr |
| Chavda Infrastructure Limited (Standalone) | 8.72 | 17.88 | 30.54% | 37.49 | 241.66 Cr |
| AVP Infracom Ltd (Consolidated) | 7.47 | 19.76 | 31.25% | 37.62 | 160.87 Cr. |
| PSP Projects Ltd (Consolidated) | 34.16 | 19.97 | 14.33% | 254.13 | 2,505.79 Cr. |
Ganesh Infraworld IPO Registrar
Satellite Corporate Services Private Limited
Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: https://www.satellitecorporate.com/ipo-query.php
Ganesh Infraworld IPO Lead Manager
- Vivro Financial Services Private Limited
Ganesh Infraworld IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd to get allotment status.
Promoters of Ganesh Infraworld
- Vibhoar Agrawal
- Rachita Agrawal
Company Address
Ganesh Infraworld Limited
HA-153, Sector -III,
Salt Lake, Purbachal, North 24 Parganas,
Saltlake – 700 097
Phone: +91-33 4604 1066
Email: cs@ganeshinfraworld.com
Website: https://ganeshinfraworld.com/