GANESH INFRAWORLD LIMITED (NSE SME)
Nov 29, 2024 - Dec 3, 2024
| Price | ₹78 - ₹83 |
| Premium | ₹9 |
|---|---|
| Lot size | 1600 |
| Allotment | Dec 4, 2024 |
| Listing | Dec 6, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 132800 | 0 |
| HNI | 2 | 3200 | 265600 | 0 |
IPO Details
| 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 |
| Share holding pre issue | 3,08,44,597 |
| Share holding post issue | 4,27,21,397 |
| Market Maker portion | 1,187,200 shares |
| Market Maker | Rikhav Securities |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Key Performance Indicators
| KPI | Aug-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 29.74% | 59.38% | 44.62% |
| ROCE | 35.17% | 89.00% | 72.96% |
| RONW | 29.74% | 59.38% | 44.62% |
| D/E | 0.16 | 0.83 | 0.47 |
| EPS (basic) | 4.98 | 5.66 | 1.38 |
| P/E Pre IPO | 16.47 | ||
| P/E Post IPO | 9.61 |
Financial Statement (Restated) In Lakhs.
| Period Ended | Aug-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 12,006 | 17,725 | 4,266 | 2,529 |
| Revenue | 21,232 | 29,181 | 13,504 | 8,115 |
| Profit After Tax | 1,537 | 1,554 | 520 | 188 |
| Net Worth | 6,617 | 3,720 | 1,515 | 819 |
| Reserves and Surplus | 5,075 | 2,622 | ||
| Total Borrowing | 1,033 | 3,072 | 708 | 304 |
About Company
Ganesh Infraworld Limited, incorporated in 2017, provides construction and allied services for a wide range of projects, including industrial construction, residential and commercial buildings, road construction, railroad infrastructure, power projects, and water supply projects across India. The company specializes in integrated engineering, procurement, and construction (EPC) services, covering the entire construction value chain from planning and design to execution, including mechanical, electrical, civil, and industrial services. Its operations are structured into three business verticals: (i) civil and electrical infrastructure projects, (ii) road and rail infrastructure development, and (iii) water infrastructure development. Ganesh Infraworld has successfully acted as a contractor for several small and medium-sized clients, including Magnum Ventures Limited, Raikela Iron Ore Mines, and JD Cables Private Limited. Over the past three financial years, the company has executed projects worth ₹50,406.77 lakhs and, as of July 31, 2024, has an order book of 29 ongoing projects valued at ₹53,306.87 lakhs across 10 states. The company employs 42 permanent staff as of March 31, 2024, to support its operations.
Vivro Financial Services Private Limited
Robust Order Book: Strong pipeline of ₹53,306.87 lakhs across 29 ongoing projects, supported by repeat orders from reputable clients.
Execution Expertise: Proven track record of consistent project management and successful execution of projects worth ₹50,406.77 lakhs in three years.
Regional Concentration: Heavy reliance on projects in West Bengal exposes the company to regional policy, legal, and economic risks.
Client Dependence: Dependence on relationships with large engineering and construction companies for new orders risks revenue if relationships weaken.
Working Capital Intensity: High working capital requirements and insufficient cash flow or financing could impact operations and profitability.
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