| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹98.58 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹98.58 Cr |
| Fresh Issue | ₹88.72 Cr |
| Face Value | โน5 Per Equity Share |
| Price Band | โน78.00-83.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | GANESHIN |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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
2. Road and Rail Infrastructure Development Projects
3. Water Infrastructure Development Projects
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet long-term working capital requirements; and | 70.00 |
| 2 | General Corporate Purposes. | 20.26 |
| Period Ended | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 120.06 | 177.25 | 42.67 | 25.30 |
| Total Income | 212.33 | 291.81 | 135.05 | 81.15 |
| Profit After Tax | 15.37 | 15.54 | 5.21 | 1.89 |
| NET Worth | 66.17 | 37.20 | 15.15 | 8.19 |
| Reserves and Surplus | 50.75 | 26.22 | ||
| Total Borrowing | 10.33 | 30.72 | 7.09 | 3.05 |
| Amount in ₹ Crore | ||||
| KPI | Aug 31, 2024 |
|---|---|
| ROE | 29.74% |
| ROCE | 35.17% |
| Debt / Equity | 0.16% |
| RoNW | 29.74% |
| PAT Margin | 7.24% |
| Price to Book Value | 3.87 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.04 | 8.64 |
| P/E (x) | 16.47 | 9.61 |
| Promoter Holding | 81.84% | 59.09% |
| Market Cap | โน354.59 Cr. | |