Ganesh Infraworld IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Ganesh Infraworld Limited IPO GMP

Ganesh Infraworld Limited, formerly known as Ganesh International, stands out as the fastest-growing startup in Eastern India, specializing in servicing EPC Giants. Their mission is to offer comprehensive end-to-end solutions for all Erection Services required in complex projects awarded to their clients. With a dynamic team of young and passionate individuals, they tirelessly strive to revolutionize the EPC Industry by providing unparalleled service accessibility round-the-clock, 365 days a year, right at their clients’ doorsteps. They pride themselves as the ultimate destination for all our service needs. Specializing in Civil & Electrical Infra, Road & Rail Infra, Water Infra. 

Ganesh Infraworld
, an Book Built Issue amounting to
 ₹98.57 Crores, consisting entirely an Fresh Issue of 118.76 Lakh Shares. The subscription period for the Ganesh Infraworld IPO opens on November 29, 2024, and closes on December 03, 2024. The allotment is expected to be finalized on or about Wednesday, December 04, 2024, and the shares will be listed on the NSE & SME with a tentative listing date set on or about Friday, December 06, 2024.

The Share price band of Ganesh Infraworld IPO is set at ₹78 to 83 per equity share. The Market Capitalisation of the Ganesh Infraworld Limited at IPO price of ₹83 per equity share will be ₹354.58 Crores. The lot size of the IPO is 1,600 shares. Retail investors are required to invest a minimum of ₹1,32,800, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹2,65,600.

Vivro Financial Services Private Limited is the book-running lead manager while Link Intime India Private Limited is the registrar for the Issue. Rikhav Securities Limited is the Market Maker for Ganesh Infraworld IPO.

Ganesh Infraworld Limited IPO GMP Today
The Grey Market Premium of Ganesh Infraworld Limited IPO is expected to be ₹25 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Ganesh Infraworld Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 03 December 2024, the Ganesh Infraworld IPO live subscription status shows that the IPO subscribed 326.16 times on its Final day of subscription period. Check the Ganesh Infraworld IPO Live Subscription Status today at NSE.

Ganesh Infraworld IPO Anchor Investors Report
Ganesh Infraworld has raised ₹26.58 Crores from Anchor Investors at a price of ₹83 per shares in consultation of the Book Running Lead Managers. The company allocated 32,03,200 equity shares to the Anchor Investors. Check Full List of Ganesh Infraworld Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Ganesh Infraworld Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Ganesh Infraworld IPO allotment date is 04 December, 2024, Wednesday. Ganesh Infraworld IPO Allotment will be out on 4th December 2024 and will be live on Registrar Website from the allotment date. Check Ganesh Infraworld IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Ganesh Infraworld Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Ganesh Infraworld Limited IPO
Ganesh Infraworld Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1) 7,000.00 Lakhs is required to meet long-term working capital requirements; and
2) General Corporate Purposes.

Refer to Ganesh Infraworld Limited RHP for more details about the Company.

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