Ganesh Infraworld IPO subscription started on Friday, November 29, 2024 and will close on December 3, 2024 as per the schedule. The price band is set at ₹78 to ₹83 per share with a face value of ₹10.
Ganesh Infraworld IPO Subscription Status
Ganesh Infraworld IPO Subscribed over 1.48x on its first day till 5.00 PM on 29th November.
- Ganesh Infraworld IPO subscription QIB investors portion is 0.00 times, while NII subscribed 1.24 times and RII investors subscribed 2.43 times.
- The company has received bids for 1,11,04,000 shares against 74,86,400 shares on offer on the first day of subscription.
- Ganesh Infraworld IPO Subscribed over 1.48x on its day 1.
About Ganesh Infraworld IPO
Ganesh Infraworld Limited was incorporated in 2017 and started to provide support services on different projects and developments. It offers services like water supply systems, power generation and distribution, and railroad construction, while it has also provided services to industrial construction ventures, and residential and commercial building development. This company has started business in West Bengal and expanded in multiple states like Rajasthan, Uttar Pradesh, Odisha, Haryana, Jharkhand, Bihar, Andhra Pradesh till now. Catering top-notch infrastructure for human comfort is a major aim for this company. The revenue for 2024 is 5,126.99 lakh and the asset is 10,335.33 lakh respectively.
Ganesh Infraworld Company Financial Report
The company reported revenue of ₹51.27 crores in 2024 against ₹135.05 crore in 2023. The company reported Profit of ₹3.98 crores in 2024 against Profit of ₹5.21 crores in 2023.
Ganesh Infraworld IPO GMP:
Ganesh Infraworld IPO GMP was ₹35 as of Friday, November 29. That indicates the IPO is trading at ₹118 with ₹35 premium in the grey market against the issue price of ₹83.
