Ganesh Infraworld Ltd IPO: Investment Insights and Key Details
Ganesh Infraworld Ltd is preparing to launch its Initial Public Offering (IPO) with the goal of raising ₹98.58 crore. This IPO offers an exciting opportunity for investors looking to capitalize on India’s rapidly growing infrastructure sector.
What is the Ganesh Infraworld Ltd IPO?
The Ganesh Infraworld Ltd IPO involves a fresh issue of shares. The price band is set between ₹78 and ₹83 per share. This offering will allow retail investors and institutional buyers to buy shares in a company. This company is positioned to take advantage of India’s massive infrastructure development plans.
Key IPO Details:
- Opening Date: 29 Nov 2024
- Closing Date: 03 Dec 2024
- Issue Size: ₹98.58 crore
- Price Band: ₹78 to ₹83 per share
- Smallest Lot Size: 1,600 shares
- Listing Date: 06 Dec 2024
- Listing Exchange: NSE
- Retail Highest Investment: ₹132,800
- Face Value: ₹5 per share
Why Should You Consider the Ganesh Infraworld Ltd IPO?
Ganesh Infraworld Ltd specializes in Engineering, Procurement, and Construction (EPC) services, offering a full range of solutions in infrastructure. The company’s skill spans civil, electrical, mechanical, and industrial services. They operate across three key verticals:
- Civil and Electrical Infrastructure Projects
- Road and Rail Infrastructure Development
- Water Infrastructure Projects
The company’s work in EPC is crucial for large-scale infrastructure projects in India. This positions it to gain from government investments in roads, railways, and urban development. The company’s ability to manage entire projects from design to execution enhances its growth prospects.
What Will the Funds be Used For?
The funds raised through this IPO will be primarily used for:
- Meeting Working Capital Requirements
This will support the company in managing ongoing projects and fulfilling contractual obligations. - General Corporate Purposes
These include strengthening the company’s infrastructure and expanding its project portfolio to take on larger opportunities.
Company Leadership
The company is led by Vibhoar Agrawal and Rachita Agrawal, who bring extensive experience in the construction and infrastructure sectors. Their leadership has played a significant role in shaping Ganesh Infraworld Ltd into a trusted player in the industry.
Industry Overview
India’s infrastructure sector is a major growth engine. Investments are flowing into sectors like transportation, power, water supply, and urban development. The government aims to make the country a $5 trillion economy by 2025. As a result, infrastructure investments are increasing. This provides companies like Ganesh Infraworld Ltd with significant opportunities for growth.
Is Ganesh Infraworld Ltd IPO a Good Investment?
Ganesh Infraworld Ltd has a strong track record in infrastructure development. The company is poised to take advantage of India’s massive infrastructure push. Investors looking for exposure to the Indian infrastructure boom may find this IPO a promising opportunity.
Final Thoughts
The Ganesh Infraworld Ltd IPO offers an interesting investment opportunity. The company offers a broad range of EPC services. It is involved in major infrastructure projects across India. These factors make it an attractive choice for investors. As the infrastructure sector continues to expand, Ganesh Infraworld Ltd stands to gain, making this IPO one to watch.
If you’re considering investing in the Ganesh Infraworld Ltd IPO, make sure to review all details. Also, consult with your financial advisor. Don’t miss out on an opportunity to be part of India’s infrastructure growth story.
Conclusion:
Ganesh Infraworld Ltd IPO is an exciting investment in the growing infrastructure market. The IPO has clear objectives for its raised funds. It has experienced leadership and a strategic focus on EPC services. This offers strong growth potential for investors. Keep an eye on this one!
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