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Ganesh Infraworld IPO

Ganesh Infraworld IPO is an SME IPO raising ₹98 Cr at ₹78 – ₹83 a share. It listed on 6 Dec 2024 at ₹158, +90.0% against its issue price of ₹83, and trades at ₹102 today (+22.3% since issue). It was subscribed 231× in total.

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₹83

Issue price

₹102

Price now

+22.3%

Since issue price

6 Dec 2024

Listed on

231×Subscribed (final) · all exchanges

231.2 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹78 – ₹83

Cut-off price₹83

Issue size₹98 Cr

Shares per lot1600

Minimum application₹1,32,800

Minimum quantity1600

Face value₹5

Listing exchanges—

ISININE0TVT01024

Bidding hours10:00 – 17:00 IST

Bidding window29 Nov 2024 – 3 Dec 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.