Ganesh Infraworld Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 5,340,800 (45%) | — | ₹4,433 Cr |
| NII (HNI) | — | 1,604,800 (14%) | — | ₹1,332 Cr |
| Retail | — | 3,744,000 (32%) | — | ₹3,108 Cr |
| Market Maker | — | 1,187,200 (10%) | — | ₹985 Cr |
| Σ Total | — | 11,876,800 (100%) | — | ₹98,577 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹132,800 |
| Retail (Max) | 13 | 20,800 | ₹1,726,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,859,200 |
| B-HNI (Min) | 67 | 107,200 | ₹8,897,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 21,233 | 29,181 | 13,505 |
| Profit After Tax | 1,537 | 1,554 | 521 |
| Net Worth | 6,617 | 3,720 | 1,515 |
| Total Assets | 12,006 | 17,725 | 4,267 |
| Reserves & Surplus | 5,075 | 2,622 | — |
| Total Borrowing | 1,033 | 3,072 | 709 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet long-term working capital requirements; and –
- General Corporate Purposes. –
- –
Company Overview
Incorporated in 2017, Ganesh Infraworld Limited is a construction company offering a wide range of construction-related services. The company specializes in the construction of industrial, civil, residential, and commercial buildings, as well as road, railway, power, and water distribution projects across India.
Key Business Segments:
1. Civil and Electrical Infrastructure Projects
- Includes residential and commercial buildings such as offices, hospitals, medical colleges, and towers.
- Expertise in electrification of substations, power distribution lines, high-voltage transformers, and installation of heavy machinery in power stations.
2. Road and Rail Infrastructure Development Projects
- Road projects include excavation, backfilling, and laying concrete and bituminous roads with necessary finishes like seal and tack coats.
- Rail projects involve designing, erecting, testing, and commissioning overhead equipment (OHE) for railway operations.
3. Water Infrastructure Development Projects
- Construction of water distribution systems, including laying pipelines, setting up pumping systems, water treatment plants, and reservoirs.
- Notable projects include participation in the "Har Ghar Jal Mission" in Uttar Pradesh in 2022-23.
The company provides end-to-end EPC (Engineering, Procurement, and Construction) services, covering planning, design, execution, and material supply for civil, electrical, mechanical, and industrial projects.
Ganesh Infraworld has clients such as Magnum Ventures Limited, Raikela Iron Ore Mines, JD Cables Private Limited, Celica Motocorp Private Limited, Jain International Power Limited, and Nirmala Developers.
Ganesh Infraworld Limited 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.