Ganesh Infraworld Limited IPO: A Comprehensive Guide
The Ganesh Infraworld Limited IPO is one of the latest opportunities for investors to tap into India’s booming construction and infrastructure sector. Set to open for subscription from November 29, 2024, to December 3, 2024, this IPO has generated significant interest due to its fresh issue of 11,876,800 shares, amounting to ₹98.58 crores. This article explores everything you need to know about the Ganesh Infraworld IPO, including key details, investment strategies, and potential returns.
Ganesh Infraworld Limited IPO Details:
Ganesh Infraworld Limited, incorporated in 2017, is a prominent player in the construction industry, offering a wide range of services across civil, electrical, and infrastructure projects. The company’s IPO is a book-built issue, with a price band set between ₹78 to ₹83 per share. Here’s a quick look at the IPO’s key details:
- IPO Opening Date: November 29, 2024
- IPO Closing Date: December 3, 2024
- Price Band: ₹78 to ₹83 per share
- Lot Size: 1,600 shares
- Minimum Investment for Retail Investors: ₹132,800
- Total Issue Size: ₹98.58 crores
- Issue Type: Book Built Issue IPO
- Listing Date: December 6, 2024 (tentative)
Ganesh Infraworld IPO Timeline:
| Event | Date |
| IPO Opens | November 29, 2024 |
| IPO Closes | December 3, 2024 |
| Allotment Finalization | December 4, 2024 |
| Refunds Initiated | December 5, 2024 |
| Demat Credit | December 5, 2024 |
| Listing Date (Tentative) | December 6, 2024 |
The Ganesh Infraworld IPO will be listed on the NSE SME (Small and Medium Enterprises) platform, designed for growing companies that meet specific requirements. The company’s debut on the exchange will mark an important milestone as it continues to expand its infrastructure projects across India.
Business Overview of Ganesh Infraworld Limited:
Ganesh Infraworld Limited is involved in multiple construction industry segments, including civil, electrical, and infrastructure projects. The company specializes in:
- Civil and Electrical Infrastructure Projects: Including residential and commercial buildings, electrification of substations, and power distribution lines.
- Road and Rail Infrastructure Development: Expertise in road construction, including excavation, backfilling, and laying concrete. Additionally, it offers services for railway infrastructure, including overhead equipment for railway operations.
- Water Infrastructure Projects: Includes construction of water distribution systems, pipelines, and water treatment plants.
Ganesh Infraworld has worked with renowned clients, such as Magnum Ventures and Raikela Iron Ore Mines, and operates across 13 states, including Rajasthan, Uttar Pradesh, and Maharashtra.
Financial Performance and Growth:
Ganesh Infraworld Limited has shown impressive growth over the past few years. As of August 31, 2024, the company reported a revenue of ₹21,232.86 lakhs, a significant increase from the previous year’s ₹13,504.85 lakhs. The company’s Profit After Tax (PAT) also grew substantially, rising by 198% to ₹1,537.2 lakhs in FY 2023-2024.
The company’s robust financials, coupled with an experienced team and diverse portfolio of ongoing projects, position it well for future growth.
How to Invest in Ganesh Infraworld IPO:
Investors interested in the Ganesh Infraworld IPO can participate via a Demat account through a registered broker or the UPI payment system. The minimum lot size for retail investors is 1,600 shares, requiring an investment of ₹132,800. For High Net-Worth Individuals (HNIs), the minimum investment is 2 lots, or 3,200 shares, amounting to ₹265,600.
Ganesh Infraworld IPO Lot Size:
| Category | Shares | Amount |
| Retail (Min) | 1,600 | ₹132,800 |
| Retail (Max) | 1,600 | ₹132,800 |
| HNI (Min) | 3,200 | ₹265,600 |
Why Invest in Ganesh Infraworld IPO?
Ganesh Infraworld Limited’s diverse business model in the high-growth infrastructure sector makes it an attractive investment opportunity. With a track record of handling significant projects and strong financial growth, the company is poised for continued success as the demand for infrastructure projects rises in India.
The Ganesh Infraworld IPO offers a compelling opportunity for investors looking to capitalize on the booming infrastructure sector. Its price band is affordable, making it accessible to retail and HNI investors alike.
FAQ: Ganesh Infraworld Limited IPO GMP
1. What is the Ganesh Infraworld Limited IPO price band?
The price band for the Ganesh Infraworld IPO is ₹78 to ₹83 per share.
2. When does the Ganesh Infraworld IPO open for subscription?
The IPO opens on November 29, 2024, and closes on December 3, 2024.
3. What is the minimum investment required for retail investors?
Retail investors need to invest a minimum of ₹132,800, which is for one lot (1,600 shares).
4. Where will Ganesh Infraworld IPO be listed?
The Ganesh Infraworld IPO will be listed on the NSE SME platform.
5. When is the listing date for Ganesh Infraworld IPO?
The tentative listing date for the IPO is December 6, 2024.
For more detailed updates, check out our articles on OFs vs IPO Differences, IPO Flipping, and IPO GMP (Grey Market Premium).
