The IPO for Ganesh Infraworld is scheduled to open on November 29. Through an IPO, Ganesh Infraworld, a SME, hopes to raise ₹98.58 crores. There are 1600 shares in the market lot for the Ganesh Infraworld IPO, and the price range is set at ₹78 to ₹83. After being established in 2017, Ganesh Infraworld Limited began offering support services for various initiatives and advancements. In addition to helping with industrial construction projects and the development of residential and commercial buildings, it provides services including water supply systems, power generation and distribution, and railroad construction.
Ganesh Infraworld IPO Details
| IPO Open Date | November 29, 2024 |
| IPO Close Date | December 3, 2024 |
| Listing Date | Friday, December 6, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹78 to ₹83 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 11,876,800 shares
(aggregating up to ₹98.58 Cr) |
| Fresh Issue | 11,876,800 shares
(aggregating up to ₹98.58 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Ganesh Infraworld Limited IPO Review
The rise of Ganesh Infraworld Limited’s financial performance has been impressive. In FY24, revenue increased by 116% to ₹29,181.12 lakhs, while PAT increased by 198% to ₹1,554.47 lakhs, indicating strong market expansion and operational efficiency. By March 2024, the company’s assets had grown to ₹17,725.32 lakhs, bolstered by an enhanced net worth of ₹3,720.04 lakhs. With a solid ROE of 29.74% and a low debt/equity ratio of 0.16, Ganesh Infraworld demonstrates both financial stability and profitability.
Ganesh Infraworld Financials Analysis
The financial year that ended on March 31, 2024, saw a 198% increase in profit after tax (PAT) and a 116% increase in revenue for Ganesh Infraworld Limited.
| FY 2024 | |
| Assets | 12,006.17 |
| Revenue | 21,232.86 |
| Profit After Tax | 1,537.2 |
| Net Worth | 6,617.2 |
| ROE | 29.74 |
| ROCE | 35.17 |
| Debt/Equity | 0.16 |
| RoNW | 29.74 |
| P/BV | 3.87 |
| PAT Margin (%) | 7.24 |
About the Company- Ganesh Infraworld
The construction business Ganesh Infraworld provides a variety of construction and related services for residential, commercial, and civil buildings as well as for road construction, railway infrastructure projects, and projects involving the distribution of power and water. EPC (integrated engineering, procurement, and construction) services are the company’s area of expertise. Its main business verticals include the building of road and rail infrastructure, water infrastructure, and civil and electrical infrastructure.
