Ganesh Infraworld
Listed
Listed
IPO Timeline
Issue open date
29 Nov 2024Issue close date
3 Dec 2024UPI mandate deadline
3 Dec 2024Allotment finalization
4 Dec 2024Refund initiation
5 Dec 2024Share credit
5 Dec 2024Listing date
6 Dec 2024Mandate end date
18 Dec 2024Lock-in end date for anchor investors (50%)
3 Jan 2025Lock-in end date for anchor investors (remaining)
4 Mar 2025Key Dates
Open
29 Nov 2024Close
3 Dec 2024Listing
6 Dec 2024Quick Stats
Issue Size:99cr
Lot Size:1600 shares
About the Company
Ganesh Infraworld Limited is an Indian construction company specializing in integrated engineering, procurement, and construction (EPC) services. It operates across industrial civil projects, residential and commercial buildings, road and rail infrastructure, power, and water distribution projects. The company serves as both an EPC contractor and a sub-contractor, executing projects for prominent clients and government initiatives like the Jal Jeevan Mission. Established in 2017 in West Bengal, it has expanded operations across 13 states, completing projects worth ₹50,406.77 lakhs in the past three financial years.
Strengths
- Strong order book worth ₹57,485.53 lakhs.
- Proven track record of timely project execution.
- In-house engineering and design capabilities.
- Diverse projects across civil, electrical, and water sectors.
- Experienced and technically skilled management team.
- Geographical presence across 13 states in India.
- Focus on optimizing margins and project lifecycle.
- Repeat orders from large EPC players and contractors.
Risks
- High geographical concentration risk in West Bengal projects.
- Dependency on long-standing relationships with few clients.
- Significant reliance on subcontractors and raw material suppliers.
- Working capital-intensive operations with liquidity constraints.
- Uncertainty in project order book conversion to revenue.
- Challenges with accurate project cost estimation affecting margins.
- Dependence on rented critical construction equipment.
Ganesh Infraworld IPO – Frequently Asked Questions
- The price band for the Ganesh Infraworld IPO is set at ₹78 to ₹83 per share.
- The Ganesh Infraworld IPO opens on November 29, 2024 and closes on December 3, 2024.
- The tentative listing date for the Ganesh Infraworld IPO is December 6, 2024.
- You can apply for the Ganesh Infraworld IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Ganesh Infraworld, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Ganesh Infraworld IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).