Ganesh Infraworld Limited IPO Review
Neutral83-83 · SME
✦
Analyst Verdict
Ganesh Infraworld Limited IPO
Neutral
IPO at a Glance
Price Band
83-83
Issue Size
99cr
Min. Investment
₹1,32,800
Opens
2024-11-27
Closes
2024-12-01
Listing
2024-12-04
Category
SME
Key Strengths
✓Strong order book worth ₹57,485.53 lakhs.
✓Proven track record of timely project execution.
✓In-house engineering and design capabilities.
✓Diverse projects across civil, electrical, and water sectors.
✓Experienced and technically skilled management team.
✓Geographical presence across 13 states in India.
✓Focus on optimizing margins and project lifecycle.
✓Repeat orders from large EPC players and contractors.
Key Risks
⚠High geographical concentration risk in West Bengal projects.
⚠Dependency on long-standing relationships with few clients.
⚠Significant reliance on subcontractors and raw material suppliers.
⚠Working capital-intensive operations with liquidity constraints.
⚠Uncertainty in project order book conversion to revenue.
⚠Challenges with accurate project cost estimation affecting margins.
⚠Dependence on rented critical construction equipment.
Frequently Asked Questions
Should I apply for Ganesh Infraworld Limited IPO?
Based on our analysis, our rating for Ganesh Infraworld Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Ganesh Infraworld Limited IPO?
High geographical concentration risk in West Bengal projects. Dependency on long-standing relationships with few clients. Significant reliance on subcontractors and raw material suppliers.
What are the strengths of Ganesh Infraworld Limited IPO?
Strong order book worth ₹57,485.53 lakhs. Proven track record of timely project execution. In-house engineering and design capabilities.
What is the price band of Ganesh Infraworld Limited IPO?
The price band for Ganesh Infraworld Limited IPO is 83-83. The IPO has closed.
Full Analysis Available
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