Ganesh Infraworld Limited is coming up with an IPO with a fresh issue of 118.77 lakh shares worth INR 98.58 crores. The company aims to meet long-term working capital requirements and general corporate purposes.
Ganesh Infraworld IPO – Important Dates
| Ganesh Infraworld Limited IPO Date | November 29, 2024 to December 3, 2024 |
| Ganesh Infraworld Limited IPO Listing Date | December 6, 2024 |
| Ganesh Infraworld Limited IPO Price | INR 78-83 per share |
| Ganesh Infraworld Limited IPO Lot Size | 1600 Shares |
| Ganesh Infraworld Limited IPO Total Issue Size | INR 98.58 crores |
| Ganesh Infraworld Limited IPO Basis of Allotment | December 4, 2024 |
| Ganesh Infraworld Limited IPO Initiation of Refunds | December 5, 2024 |
| Ganesh Infraworld Limited IPO Credit of Shares to Demat | December 5, 2024 |
| Ganesh Infraworld Limited IPO Issue Type | Book Built Issue IPO |
| Ganesh Infraworld Limited IPO Listing At | NSE SME |
Read more about Ganesh Infraworld Limited IPO GMP
Ganesh Infraworld Limited IPO – Company Profile
Ganesh Infraworld Limited is a construction company offering comprehensive EPC services across industrial, residential, and commercial projects, including civil, electrical, road, railway, power, and water infrastructure, specializing in planning, design, construction, and material supply across India.
Acting as a contractor, the company has partnered with various small and mid-sized clients like Magnum Ventures, Raikela Iron Ore Mines, JD Cables, Celica Motocorp, Jain International Power, and Nirmala Developers for engineering and civil projects.
Starting in West Bengal in 2017, operations expanded to Rajasthan, Uttar Pradesh, Maharashtra, and more. In the past three years, projects have included water distribution, electrical infrastructure, road development, and civil construction across several states.
Ganesh Infraworld Ltd IPO Fundamental Analysis
Ganesh Infraworld Limited’s financial analysis reveals a mixed performance. Revenue has shown steady growth, with increased profitability, higher EPS, and improved RoNW, while total assets and equity have risen, indicating expansion and strengthened financial health.
- Revenue Trend: The revenue increased from ₹8,023.88 lakhs in March 2022 to ₹13,349.18 lakhs in March 2023. The revenue for the current year’s 5-month period ending August 2024 is INR 21,065.82 lakhs.
- Equity and Liabilities: Both equities and liabilities have shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing.
- Profitability: The profit after tax (PAT) has significantly increased from ₹188.75 lakhs in March 2022 to ₹1,537.20 lakhs by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹2.30 in March 2022 to ₹4.98 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 26.64% to 29.74%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Check out the other upcoming IPOs this month:
| Upcoming IPO | IPO Going Live |
| Rosmerta Digital Services Limited IPO | N/A |
| Avanse Financial Services Limited IPO | N/A |
| Nisus Finance Services Co Limited IPO | Dec 4, 2024 |
| Suraksha Diagnostic Limited IPO | Nov 29, 2024 |
| Property Share Investment Trust SM REIT | Dec 02, 2024 |
Ganesh Infraworld IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 August 2024 |
| Revenue (₹ in lakhs) | 8,023.88 | 13,349.18 | 21,065.82 |
| Equity (₹ in lakhs) | 819.44 | 1,515.22 | 6,617.24 |
| Expenses (₹ in lakhs) | 7,829.32 | 12,720.48 | 19,193.99 |
| Profit and Loss After Tax (₹ in lakhs) | 188.75 | 520.92 | 1,537.20 |
| Diluted EPS only (₹) | 2.30 | 3.44 | 4.98 |
| Return on Net Worth (%) | 26.64 | 44.62 | 29.74 |
| NAV per Equity Share (₹) | 2.99 | 5.52 | 21.45 |
| Total Assets (in lakhs) | 2,529.77 | 4,266.89 | 12,006.17 |
| Total Liabilities (in lakhs) | 1,710.33 | 2,751.67 | 5,388.93 |
| Debt Equity Ratio | 0.37 | 0.47 | 0.16 |
| Current Ratio (in times) | 1.17 | 1.22 | 1.98 |
Ganesh Infraworld Limited IPO Peer Comparison
Ganesh Infraworld Limited and peers like Capacit’e Infrastructure, Chavda Infra, AVP Infracom, and PSP Projects showcase diverse scales in infrastructure projects. Key metrics include market valuation, earnings, profit margins, and operational efficiency across standalone and consolidated performance.
| Company | Type of financial | Revenue from Operations (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (₹) | RoNW (%) | NAV (₹ per share) |
| Ganesh Infraworld Limited | Standalone | 29,033.71 | 5 | – | 5.66 | 59.38 | 13.55 |
| Capacit’e Infrastructure Limited | Consolidated | 1,93,163.80 | 10 | 21.87 | 16.09 | 9.29 | 179.30 |
| Chavda Infra Limited | Standalone | 24,165.52 | 10 | 17.45 | 8.72 | 30.54 | 37.49 |
| AVP Infracom Limited | Consolidated | 16,086.80 | 10 | 24.73 | 7.47 | 31.25 | 37.62 |
| PSP Projects Limited | Consolidated | 2,50,578.85 | 10 | 18.08 | 34.16 | 14.33 | 254.13 |
Ganesh Infraworld Ltd IPO Objective
The main objective of Ganesh Infraworld Limited is to meet long-term working capital requirements.
- To meet long-term working capital requirements: The company intends to utilize INR 173.59 crores for working capital in fiscal 2025, driven by increased projects, geographic expansion, higher value orders, and operational growth, funded through borrowings, equity, and proceeds.
- General Corporate Purposes: The company will deploy funds for general corporate purposes, including salaries, administration expenses, insurance, managing business contingencies, and other operational needs to support its ongoing growth and strategic initiatives.
Ganesh Infraworld IPO Risks And Challenges
Ganesh Infraworld Limited’s risk includes regional concentration in West Bengal, Jharkhand, and Uttar Pradesh, dependency on repeat clients for revenue, and seasonal variations affecting project timelines, which could impact growth, operations, and financial performance.
- The company operates mainly in West Bengal, Jharkhand, and Uttar Pradesh, facing risks due to regional concentration. Efforts to expand and diversify continue, but economic, regulatory, and climatic factors may impact future growth and operations.
- The company’s revenue is predominantly from repeat clients, with solid relationships driving project nominations. While the company faces competition, losing key client relationships could negatively impact business operations and prospects.
- The company’s construction work is affected by seasonal variations, including slower progress during monsoons and festival periods. Inaccurate forecasts of work progress may lead to delays, impacting business performance, financial condition, and prospects.
Ganesh Infraworld Ltd IPO – Industry & Market Potential
India’s infrastructure development is crucial to achieving a US$26 trillion economy by 2047, with initiatives like Gati Shakti, Smart Cities, and NIP driving growth. The government’s focus on modernizing sectors ensures economic progress, competitiveness, and improved quality of life.
India’s infrastructure growth includes a road network of 6.7 million km, with Rs. 2.78 lakh crore allocated in FY2024-25. The real estate sector will reach US$5.8 trillion by 2047, and warehousing will grow to US$34.99 billion by 2027.
India’s infrastructure growth is supported by the Rs 11.11 lakh crore budget for 2024-25, US$1.4 trillion planned for the National Infrastructure Pipeline, and an expanding logistics market set to reach US$484.43 billion by 2029.
Ganesh Infraworld SME IPO – Type of Offer
Ganesh Infraworld Limited is coming up with an IPO with a fresh issue of 118.77 lakh shares worth INR 98.58 crores. The company aims to meet long-term working capital requirements and general corporate purposes.
Ganesh Infraworld IPO Offer Size
The offer size of Ganesh Infraworld Limited is INR 98.58 crores, consisting of a fresh issue of 118.77 lakh shares worth INR 98.58 crores. The company aims to meet long-term working capital requirements and general corporate purposes.
Ganesh Infraworld Limited IPO Allotment Structure
Ganesh Infraworld Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 1,187,200 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 1,187,200 shares, are reserved for market makers.
How to apply for Ganesh Infraworld IPO?
To apply for the Ganesh Infraworld Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Ganesh Infraworld Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Ganesh Infraworld Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Ganesh Infraworld IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Ganesh Infraworld Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Ganesh Infraworld Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Ganesh Infraworld Limited IPO:
● Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the Ganesh Infraworld Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Ganesh Infraworld Ltd IPO Offer Registrar
The registrar for the Ganesh Infraworld Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Link Intime India Private Limited
C- 101, 1st Floor, 247 Park, L.B.S Marg,
Vikhroli (West), Mumbai – 400083,
Maharashtra, India
Telephone: +91 810 811 4949,
Email: [email protected]
Website: www.linkintime.co.in
Ganesh Infraworld SME IPO – FAQs
1. What is the allotment date of the Ganesh Infraworld IPO?
The allotment date of the Ganesh Infraworld is December 4, 2024.
2. What is the price band of the Ganesh Infraworld IPO?
The price band of the issue is INR 78-83 per share.
3. What is the size of the Ganesh Infraworld IPO?
The offer size of Ganesh Infraworld Limited is INR 98.58 crores, consisting of a fresh issue of 118.77 lakh shares worth INR 98.58 crores. The company aims to meet long-term working capital requirements and general corporate purposes.
4. What is the listing date of the Ganesh Infraworld IPO?
The listing date of the Ganesh Infraworld is December 6, 2024.
5. Where is the Ganesh Infraworld IPO Getting Listed?
The Ganesh Infraworld is getting listed on the National Stock Exchange (NSE) and the Small Medium Exchange (SME).
6. What are the open and close dates of the Ganesh Infraworld Limited IPO?
The open and close dates of Ganesh Infraworld Limited are November 29, 2024, and December 3, 2024, respectively.
7. How to apply for Ganesh Infraworld Ltd IPO in Alice Blue?
To apply for the Ganesh Infraworld Limited IPO via Alice Blue, open a Demat and trading account, check IPO details, place your bid within the price band, and submit the application. After the allotment, you can check your status, though allotment is not guaranteed.
8. Who is the Book Runner for the Ganesh Infraworld SME IPO?
The Book Runner for the Ganesh Infraworld is Vivro Financial Services Private Limited.
