Ganesh Infraworld Limited IPO: Issue date, price and lot size

Ganesh Infraworld Limited's IPO has created a buzz in the market with its much-anticipated launch. Opening for subscription from November 29, 2024, to December 3, 2024, this IPO is expected to garner significant interest from retail and institutional investors alike. With a total issue size of ₹98.58 crores and a price band set at ₹78 to ₹83 per share, the offering has all the elements of an exciting investment opportunity. 

For investors exploring IPO investment opportunities, Ganesh Infraworld Limited IPO stands out among the upcoming IPOs this season.

Ganesh Infraworld Limited IPO synopsis

The Ganesh Infraworld Limited IPO offers a promising opportunity for investors looking to capitalise on the SME segment's growth. This IPO stands out due to the company's exceptional financial performance, strategic objectives, and diverse portfolio of construction and infrastructure projects. 

Focusing on engineering, procurement, and construction (EPC) services across various sectors, Ganesh Infraworld Limited demonstrates the capability to deliver sustainable, high-impact solutions.

Ganesh Infraworld Limited IPO details

Ganesh Infraworld Limited's IPO is a book-built issue, offering 11,876,800 shares. The minimum lot size is 1,600 shares, requiring an investment of ₹132,800 for retail investors. Ganesh Infraworld IPO’s GMP is ₹11. The table below provides comprehensive details:

About Ganesh Infraworld Limited

Incorporated in 2017, Ganesh Infraworld Limited is a construction firm specialising in civil, industrial, residential, and commercial infrastructure projects. It offers end-to-end EPC services, including planning, execution, and material procurement for diverse sectors.

Key segments:

1. Civil and electrical infrastructure

• Expertise in offices, hospitals, and medical college construction.
• Power distribution line electrification and heavy machinery installation.

2. Road and rail infrastructure

• Involves road excavation and laying of bituminous and concrete roads.
• Overhead equipment (OHE) for railway operations.

3. Water infrastructure

• Specialises in water pipelines, reservoirs, and treatment plants.
• Contributed to the "Har Ghar Jal Mission" in Uttar Pradesh.

Ganesh Infraworld operates in 13 states and manages 41 active projects valued at ₹574+ crores.

Ganesh Infraworld Limited financials

This upcoming IPO has exhibited exceptional financial growth, with notable increases in revenue and profit.

Ganesh Infraworld Limited IPO review

Now, let’s discuss some of the strengths and weaknesses of Ganesh Infraworld Limited.

Strengths

1. Diverse portfolio: Active in civil, electrical, road, rail, and water projects.
2. Strong financials: Revenue and profit have grown significantly over recent years.
3. Experienced management: Leadership with expertise in EPC projects.
4. Active order book: 41 projects valued at ₹574 crores.

Challenges

• Sector dependency: Heavy reliance on infrastructure projects.
• Competitive market: SME IPO space is becoming increasingly competitive.
• Working capital risks: High dependency on timely payments from clients.

Should you invest in the Ganesh Infraworld Limited IPO?

Ganesh Infraworld Limited IPO offers an intriguing opportunity for those interested in SME IPOs. The company’s exceptional financial performance and diverse project portfolio position it as a strong contender in the infrastructure domain. However, potential investors should assess market risks and competition before investing.

Invest wisely

The Ganesh Infraworld Limited IPO offers investors an opportunity to invest in a company with a growing reputation in the construction sector. With its consistent financial performance and diverse project expertise, it provides significant growth potential. Investors seeking to diversify their portfolio with Ganesh Infraworld Limited IPO’s SME might find this a worthwhile addition.

FAQs

1. What is the price band of Ganesh Infraworld Limited's IPO?
   The price band is set between ₹78 and ₹83 per share.
2. When will Ganesh Infraworld Limited IPO open?
   The IPO opens on November 29, 2024, and closes on December 3, 2024.
3. What is the minimum investment required?
   Retail investors need to apply for at least 1,600 shares, amounting to ₹132,800.
4. Where will Ganesh Infraworld Limited IPO list?
   The shares will be listed on NSE SME.
5. What are the strengths of Ganesh Infraworld Limited?
   The company has a strong order book, diverse projects, and exceptional financials.