Markets / IPO / Ganesh Infraworld

Ganesh Infraworld IPO

Updated 20:51

SME IPO on NSE Emerge · Civil Construction

Status
Listed
Price band
₹78–83
Lot size
1600 shares · ₹1,32,800
Subscribed
–

How it listed

Issue price
₹83
Listing price (open)
₹157.70 +90.00%
First-day close
₹165.55 +99.46%
Price now
₹81.15 -2.23%
Listing day6 Dec 2024
Open / high / low / close₹157.70 / ₹165.55 / ₹157.70 / ₹165.55
Shares traded on NSE30,62,400
Market value at the listing-day close₹707 cr

Closing prices since listing: 26 Oct ₹76.35, 27 Oct ₹76.20, 28 Oct ₹76.45, 29 Oct ₹79.30, 30 Oct ₹75.45, 2 Nov ₹78.85, 3 Nov ₹76.30, 4 Nov ₹77.55, 5 Nov ₹81.55, 6 Nov ₹80.35.

Ganesh Infraworld share price, live chart and technicals →

Key dates

Bidding opens29 Nov 2024
Bidding closes3 Dec 2024
Allotment4 Dec 2024
Refunds and shares in demat5 Dec 2024
Listing6 Dec 2024

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)11,600₹1,32,800
HNI (minimum)23,200₹2,65,600

At ₹83 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)34,95,34,400
HNI / NII1,39,51,44,000
Retail1,08,42,83,200
Total2,82,89,61,600

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 3 Dec 2024 19:00.

Applications from individual investors

6,77,677 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹8321,363.89 lakh shares75.5%
Cut-off final price, whatever it is; mostly retail6,900.82 lakh shares24.4%
Lower prices ₹78–8224.91 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date28 Nov 2024
Anchor shares32,03,200
Raised from anchors₹26.59 cr
Lock-in ends for the first 50% (30 days)2 Jan 2025
Lock-in ends for the remaining 50% (90 days)3 Mar 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹355 cr₹347 cr
P/E (last 12 months' profit)––
Revenue, last 12 months–
Profit, last 12 months–
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Civil Construction

CompanyListedSubscribedOn listingSince IPO
Ravita Engineering Services SME22 Oct–0.00%-7.99%
Vishal Nirmiti 8 Oct1.71×-2.27%-47.56%
Swastika Infra 30 Sept7.60×+8.11%+5.43%
LCC Projects 17 Sept48.51×+29.45%-7.68%
Annu Projects 2 Sept2.93×-27.27%-61.41%
Om Power Transmission 17 Apr3.33×+6.29%-28.10%
Srinibas Pradhan Constructions SME13 Mar–+2.09%+118.16%
E TO E Transportation Infrastructure SME2 Jan–+90.00%+52.50%

IPO details

Price band₹78–83
Final issue price₹83
Lot size1600 shares
Minimum investment₹1,32,800 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹5
IndustryCivil Construction
Issue size₹98.58 crore (about 1.19 crore shares) · Fresh issue only
ISININE0TVT01024
RegistrarLink Intime India Private Limited
Helpline: 91 22 4918 6200, ganeshinfraworld.ipo@linkintime.co.in
Lead managersVivro Financial Services Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 4 Dec 2024. Check it on the registrar's page (Link Intime India Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Ganesh Infraworld IPO price band and lot size?

The price band is ₹78–83 per share, and one lot is 1600 shares (₹1,32,800 at the upper price).

When is the Ganesh Infraworld IPO allotment date?

Allotment was finalised on 4 Dec 2024, the next working day after bidding closed on 3 Dec 2024.

How many times was the Ganesh Infraworld IPO subscribed?

Subscription figures are not available yet.

What is the Ganesh Infraworld IPO listing date?

It listed on 6 Dec 2024 on NSE Emerge (SME).

When does the Ganesh Infraworld anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 2 Jan 2025 and the 90-day lock-in on the rest ends on 3 Mar 2025; they can sell from the next trading day.

What was the Ganesh Infraworld listing gain?

It opened at ₹157.70 against an issue price of ₹83, a gain of 90.00%. It is now down 2.23% from the issue price.