Ganesh Infraworld SME IPO Details, Financials, Valuation & Peers
Explore Ganesh Infraworld India IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Ganesh Infraworld Limited is an construction company providing a comprehensive range of services across industrial civil projects, residential and commercial buildings, road construction, railway infrastructure, power projects, and water distribution projects in India. Specializing in integrated Engineering, Procurement, and Construction (EPC) services, the company operates across three key verticals: civil & electrical infrastructure, road & rail infrastructure development, and water infrastructure projects. Ganesh Infraworld serves as an EPC contractor and sub-contractor for both prominent business groups and small-to-mid-sized clients. Ganesh Infraworld currently has an order book worth ₹574.86 crore, spanning 41 ongoing projects across 13 states.
Key Points:
- Core Services:
- Industrial civil projects, residential and commercial building construction.
- Road and rail infrastructure development.
- Water infrastructure and distribution projects.
- Power and electrical infrastructure projects.
- Supply of construction materials and allied services.
- Business Model:
- Integrated EPC services spanning design, planning, and construction.
- Focus on civil, mechanical, and electrical engineering services.
- Geographical Reach:
- Initially focused on West Bengal; expanded operations to Rajasthan, Uttar Pradesh, Maharashtra, Odisha, Haryana, Bihar, Andhra Pradesh, Jharkhand, Jammu & Kashmir, and Chhattisgarh.
- Projects executed in diverse states with a focus on large-scale government and private contracts.
- Operational Highlights:
- Executed projects worth ₹504.07 crore in the last three years.
- Order book value of ₹57486 crore as of August 2024, encompassing 41 ongoing projects.
- Notable government project: Jal Jeevan Mission in Uttar Pradesh.
- Clientele: Clients include Magnum Ventures Limited, JD Cables Private Limited, and more.
Objects of the Issue
- To meet long-term working capital requirements
- General Corporate Purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 29 Nov - 03 Dec 2024 |
| IPO Price Band | ₹78 - ₹83 per share |
| Fresh Issue | 1,18,76,800 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹98.58 crore |
| Face Value | ₹5 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 29 Nov 2024 |
| IPO Closing Date | 03 Dec 2024 |
| Basis Of Allotment | 04 Dec 2024 |
| Refunds | 05 Dec 2024 |
| Demat Transfer | 05 Dec 2024 |
| IPO Listing Date | 06 Dec 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Aug 2024 |
|---|---|---|---|---|
| Total Income | 81.15 | 135.05 | 291.81 | 212.33 |
| Total Expenses | 78.29 | 127.20 | 269.57 | 191.94 |
| Net Profit/Loss | 1.89 | 5.21 | 15.54 | 15.37 |
| NPM (*) | 2.33 | 3.86 | 5.33 | 7.24 |
| Total Assets | 25.30 | 42.67 | 103.35 | 120.06 |
| Total Liabilities | 17.10 | 27.52 | 66.15 | 53.89 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Aug 2024 |
|---|---|---|---|---|
| EPS | 0.92 | 1.38 | 5.66 | 4.98 |
| ROE (%) | 26.64 | 44.62 | 59.38 | 29.74 |
| ROCE (%) | 40.54 | 56.77 | 61.58 | 35.17 |
| D/E Ratio | 0.37 | 0.47 | 0.83 | 0.16 |
| Current Ratio | 1.17 | 1.22 | 1.37 | 1.98 |
| EBITDA MARGIN (%) | 4.60 | 6.79 | 8.29 | 10.19 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Ganesh Infraworld Limited | 290.34 | 14.66 | 5.66 | 59.38 | 13.55 |
| Capacit'e Infrastructure Limited | 1,931.64 | 21.87 | 16.09 | 9.29 | 179.30 |
| Chavda Infra Limited | 241.66 | 17.45 | 8.72 | 30.54 | 37.49 |
| AVP Infracom Ltd | 160.87 | 24.73 | 7.47 | 31.25 | 37.62 |
| PSP Projects Ltd | 2,505.79 | 18.08 | 34.16 | 14.33 | 254.13 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not more than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 163.52 |
| Non-Institutional Investor (NII/HNI) | 865.82 |
| Retail Individual Investor (RII) | 274.48 |
| Total | 369.56 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- VIBHOAR AGRAWAL
- RACHITA AGRAWAL
Lead Managers
- Vivro Financial Services Private Limited
Company Address
Ganesh Infraworld Limited
Godrej Genesis, Unit No. 906, 9th Floor, Street No. 18, Block - EP & GP, Sector - V, Salt Lake, Bidhan Nagar CK Market, North 24 Parganas, Saltlake 700 091, West Bengal, India.
Phone: +91-33 4604 1066
Email: ccs@ganeshinfraworld.com
Website: www.ganeshinfra.com
FAQs
- What is the issue size of the Ganesh Infraworld SME IPO?The Ganesh Infraworld SME IPO has an issue size of ₹98.58 crore. This includes a fresh issue of 1,18,76,800 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Ganesh Infraworld IPO?The price band for the Ganesh Infraworld IPO is ₹78 - ₹83 per share.
- What are the bidding dates for the Ganesh Infraworld IPO?The Ganesh Infraworld IPO will open for bidding on 29 Nov 2024 and close on 03 Dec 2024.
- What is the allotment date for the Ganesh Infraworld IPO?The allotment date for the Ganesh Infraworld IPO is 04 Dec 2024.
- What is the minimum lot size and investment required for the Ganesh Infraworld IPO?The minimum lot size for the Ganesh Infraworld IPO is 1600 shares and the minimum investment required is ₹1,32,800.
- What is the listing date for the Ganesh Infraworld IPO?The listing date for the Ganesh Infraworld IPO is 06 Dec 2024.
- What is the Ganesh Infraworld IPO grey market premium?The grey market premium (GMP) for the Ganesh Infraworld IPO is currently at ₹78, with an expected listing gain of approximately 93.98%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.