Ganesh Infraworld Limited
IPO Details
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Lot Distribution
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Company Fin.
₹78(93.98%)
Premium (ELP)
Ganesh Infraworld Limited's successfully completed its Initial Public Offering and commenced trading on Dec 06, 2024 at the NSE exchange. The company raised 1,18,76,800 Shares through this public offering, comprising 1,18,76,800 Shares in fresh capital.
The IPO was priced within the band of ₹78 to ₹83, with minimum application lots of 1600 shares. The offering attracted significant investor interest during its subscription period from Nov 29, 2024 to Dec 03, 2024.
Share allotment was finalized on Dec 04, 2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
- 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.
- Vibhoar Agrawal
- Rachita Agrawal
Ganesh Infraworld Limited
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