{"id":5095,"date":"2024-11-21T17:37:01","date_gmt":"2024-11-21T12:07:01","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5095"},"modified":"2024-11-21T17:37:03","modified_gmt":"2024-11-21T12:07:03","slug":"ganesh-infraworlds-rs-99-crore-ipo-to-open-on-november-29","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/ganesh-infraworlds-rs-99-crore-ipo-to-open-on-november-29\/","title":{"rendered":"Ganesh Infraworld&#8217;s Rs 99-Crore IPO to Open on November 29"},"content":{"rendered":"\n<p>Construction services company Ganesh Infraworld has announced its Rs 99-crore initial public offering (IPO), set to open for subscription on November 29 and close on December 3. The price band for the IPO is fixed at Rs 78-83 per share.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Details of the IPO:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>IPO Structure<\/strong>: Entirely fresh issue of 1.18 crore equity shares, with no offer-for-sale component.<\/li>\n\n\n\n<li><strong>Price Band<\/strong>: Rs 78-83 per share.<\/li>\n\n\n\n<li><strong>Anchor Book Opening<\/strong>: November 28, a day before the IPO opens for the public.<\/li>\n\n\n\n<li><strong>IPO Proceeds Utilization<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Rs 70 crore for working capital requirements:\n<ul class=\"wp-block-list\">\n<li>Rs 40 crore to be used in FY25.<\/li>\n\n\n\n<li>Rs 30 crore to be used in FY26.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Remaining funds for general corporate purposes.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">About Ganesh Infraworld:<\/h3>\n\n\n\n<p>The West Bengal-based company specializes in engineering, procurement, and construction (EPC) services across various sectors, including industrial civil projects, residential and commercial buildings, road and railway infrastructure, power, and water distribution projects.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Order Book<\/strong>: Rs 574.9 crore as of August 31, spanning 41 ongoing projects.<\/li>\n<\/ul>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/ipo\/ganesh-infraworld-ipo-to-open-on-november-29-price-band-at-rs-78-83-per-share-12872651.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/ipo\/ganesh-infraworld-ipo-to-open-on-november-29-price-band-at-rs-78-83-per-share-12872651.html\" rel=\"noreferrer noopener nofollow\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction services company Ganesh Infraworld has announced its Rs 99-crore initial public offering (IPO), set to open for subscription on November 29 and close on December 3. The price band for the IPO is fixed at Rs 78-83 per share. Key Details of the IPO: About Ganesh Infraworld: The West Bengal-based company specializes in engineering, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[710],"class_list":["post-5095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ganesh-infraworld-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5095"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5095\/revisions"}],"predecessor-version":[{"id":5098,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5095\/revisions\/5098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5097"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}