Ganesh Infraworld Limited IPO
Ganesh Infraworld Limited are a diversified construction company offering a comprehensive range of construction and allied services across various sectors, including industrial civil projects, residential and commercial buildings, road and railway infrastructure, power projects, and water distribution projects within India.
Their specialization lies in integrated engineering, procurement, and construction (EPC) services, where they provide end-to-end solutions encompassing planning, design, construction, and allied services. These services span mechanical, electrical, civil, and industrial construction and include the supply of materials for project execution.
Business Verticals
Their operations are organized into three primary verticals:
i. Civil and Electrical Infrastructure Projects
ii. Road and Rail Infrastructure Development
iii. Water Infrastructure Development Projects
They operate as a single operating segment focused on engineering and construction, delivering projects that are integral to India’s infrastructure growth.
Their Order Book, as of July 31, 2024, stands at ₹53,306.87 lakhs, comprising 29 ongoing projects. This robust growth underscores their ability to scale operations and capitalize on market opportunities.
Client Base
They have also acted as a contractor for small and mid-sized clients, executing a variety of engineering and civil construction projects. Key clients include:
i. Magnum Ventures Limited ii. Raikela Iron Ore Mines
iii. JD Cables Private Limited iv. Celica Motocorp Private Limited
v. Jain International Power Limited vi. Nirmala Developers
These projects span sectors such as industrial, residential, and commercial construction, showcasing their ability to adapt to client needs across diverse industries.
Conclusion
With a strong foundation in integrated EPC services and a proven record of successful project execution, their company is well-positioned to contribute to India’s rapidly growing infrastructure sector. By leveraging their expertise, financial strength, and client relationships, they continue to pursue opportunities that align with their vision of sustainable growth and infrastructure excellence.
Objects of the Ganesh Infraworld Limited IPO:
Ganesh Infraworld Limited IPO Details:
| Open Date: | Nov 29 2024 |
| Close Date: | Dec 03 2024 |
| Total Shares: | 11,876,800 |
| Face Value: | ₹ 5 Per Equity Share |
| Issue Size: | 98.58 Cr. |
| Lot Size: | 1600 Shares |
| Issue Price: | ₹ 78 - 83 Per Equity Share |
| Listing At: | NSE Emerge |
| Listing Date: | Dec 06 2024 |
Promoters And Management:
Financials of Ganesh Infraworld Limited IPO:
| Particulars | 31st Aug 2024 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
| Revenue | 210.65 | 290.33 | 133.49 | 80.23 |
| EBITDA | 19.96 | 22.71 | 7.60 | 2.81 |
| EBITDA Margin | 9.48% | 7.82% | 5.69% | 3.50% |
| PAT | 15.37 | 15.54 | 5.20 | 1.88 |
| PAT Margins | 7.30% | 5.35% | 3.90% | 2.34% |
| CFOA(OCF) | 0.34 | (10.25) | 2.58 | (10.20) |
| Cash Conversion Ratio (OCF/EBITDA) | 0.16% | Negative | 1.93% | Negative |
Comparison With Peers:
| Companies | Revenue | EBITDA | PAT | D/E Ratio | MCap | P/E |
| Ganesh Infraworld Ltd. (FY 2024) | 290.33 Cr. | 22.71 Cr. (7.82%) | 15.54 Cr. (5.35%) | 0.16 | 354.59 Cr. | 22.82 |
| Chavda Infra Limited (TTM) | 254 Cr. | 53 Cr. (20.87%) | 21 Cr. (8.26%) | 0.99 | 353 Cr. | 16.50 |
| AVP Infracom Ltd (TTM) | 184 Cr. | 41 Cr. (22.28%) | 24 Cr. (13.04%) | 1.03 | 438 Cr. | 18.40 |
| PSP Projects Ltd (TTM) | 2,536 Cr. | 236 Cr. (9.31%) | 93 Cr. (3.67%) | 0.23 | 2,474 Cr. | 26.50 |
Recommendation on Ganesh Infraworld Limited IPO:
Lead Manager of Ganesh Infraworld Limited IPO:
Registrar of Ganesh Infraworld Limited IPO:
Company Address:
Discussion on Ganesh Infraworld Limited IPO:
Leave a Reply
You must be logged in to post a comment.