Ganesh Infraworld IPO Allotment Status

Summary

Ganesh Infraworld IPO has closed with an exceptional response from investors, achieving a remarkable final subscription of 369.56 times by December 3, 2024 at 6:19:59 PM (Day 3). The public issue demonstrated overwhelming investor interest across categories, with the Non-Institutional Investors (NII) segment leading the momentum. The NII category showed extraordinary enthusiasm with 865.82 times subscription, reflecting unprecedented investor confidence.

The Retail category displayed strong interest with 274.48 times subscription, while the QIB portion was subscribed 163.52 times. The Market Maker and Anchor Investors portions were fully subscribed. This book built SME issue has attracted a total of 7,05,492 applications, indicating exceptional market interest in the company's construction and infrastructure business model.

How to Check Ganesh Infraworld IPO Allotment Status:

How do you Check Ganesh Infraworld IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)

Step 2: From the selection menu, choose Ganesh Infraworld IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Ganesh Infraworld IPO Allotment Status on NSE?

On the website of the National Stock Exchange (NSE), investors who placed a bid for the Ganesh Infraworld IPO can monitor the allotment status:

Step 1: Click on this link: (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Ganesh Infraworld Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Ganesh Infraworld IPO Timeline:

Ganesh Infraworld IPO Subscription Status

Ganesh Infraworld IPO received 369.56 times subscription with 7,05,492 applications. By December 3, 2024 at 6:19:59 PM (Day 3), the detailed subscription status revealed a clear pattern of exceptional investor confidence:

Subscription Day 3 (as of 6:19:59 PM)

• Total Subscription: 369.56 times
• QIB: 163.52 times (34,95,34,400 shares bid)
• NII: 865.82 times (1,38,94,68,800 shares bid)
• Retail investors: 274.48 times (1,02,76,49,600 shares bid)
• Total Amount Subscribed: ₹22,963.22 crores

Subscription Day 2 (December 2, 2024)

• Total Subscription: 23.87 times
• QIB: 3.51 times
• NII: 20.84 times
• Retail investors: 36.80 times

Subscription Day 1 (November 29, 2024)

• Total Subscription: 1.50 times
• QIB: 0.00 times
• NII: 1.25 times
• Retail investors: 2.47 times

Ganesh Infraworld IPO Details 

Ganesh Infraworld's initial public offering (IPO) is a book built issue of ₹98.58 crores. This offering consists entirely of a fresh issue of 118.77 lakh shares.

The bidding process commenced on November 29, 2024 and concluded on December 3, 2024. The allotment results are anticipated to be finalised on December 4, 2024. Furthermore, the shares of Ganesh Infraworld are set to be listed on NSE SME, with a provisional listing date scheduled for December 6, 2024.

The price band is set at ₹78-83 per share. Investors must apply for a minimum lot size of 1,600 shares, which requires a minimum investment of ₹132,800 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (3,200 shares), totalling ₹265,600.

Vivro Financial Services Private Limited serves as the book running lead manager for the IPO, while Link Intime India Private Ltd is designated as the registrar for this offering. Rikhav Securities is the market maker for this offering.