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Ganesh Infraworld Limited SME IPO
Issue Size (Net)
up to Rs.98.58 Cr
Price Band
Rs.78 to Rs.83 per share
Issue Opens
November 29, 2024
Issue Closes
December 3, 2024

Company Highlights

1.Company Information


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.

2. Objects of the Issue

The Company intends to utilize the gross proceeds raised through the Issue for the following objectives:
1. To meet long-term working capital requirements; and
2. General corporate purposes;

3.Ganesh Infraworld Limited SME IPO Registrar
Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ganeshinfraworld.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Ganesh Infraworld Limited SME IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Aug-24
12,006.17
21,232.86
1,537.20
6,617.24
5,075.01
1,033.02
31-Mar-24
17,725.32
29,181.12
1,554.47
3,720.04
2,622.26
3,072.42
31-Mar-23
4,266.89
13,504.85
520.92
1,515.22
708.96
Amount in Rs. Lakhs

Ganesh Infraworld Limited SME IPO Details

Issue Opening Date
November 29, 2024
Issue Closing Date
December 3, 2024
Face Value
Rs.5 per share
Price
Rs.78 to Rs.83 per share
Lot Size
1600 Shares
Issue Size
11,876,800 shares(aggregating up to Rs.98.58 Cr)
Fresh Issue
11,876,800 shares(aggregating up to Rs.98.58 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
30,844,597
Share holding post issue
42,721,397
Market Maker portion
1,187,200 shares

Ganesh Infraworld Limited SME IPOTimeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Friday, November 29, 2024
Closing Date
Tuesday, December 3, 2024
Basis of Allotment
Wednesday, December 4, 2024
Initiation of Refunds
Thursday, December 5, 2024
Credit of Shares to Demat
Thursday, December 5, 2024
Listing Date
Friday, December 6, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 3, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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