Ganesh Infraworld Ltd - IPO

Ganesh Infraworld Ltd IPO Details

Initial public issue of upto 1,18,76,800 equity shares of face value of Rs. 5/- each of Ganesh Infraworld Limited (GIL or the Company or the Issuer) for cash at a price of Rs. 83 per equity share including a share premium of Rs. 78 per equity share (the Issue Price) aggregating to Rs. 98.58 crores (The Issue), of which 11,87,200 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 83 per equity share including a share premium of Rs. 78 per equity share aggregating to Rs. 9.85 crores was reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 1,06,89,600 equity shares of face value of Rs. 5/- each at a price of Rs. 83 per equity share including a share premium of Rs. 78 per equity share aggregating to Rs. 88.72 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.80% and 25.02%, respectively, of the post issue paid up equity share capital of the company.

Objective of issue

To meet long-term working capital requirements. General corporate purposes.

Ganesh Infraworld Ltd Contact Details

Ganesh Infraworld Ltd, Office No 106 & 107, Dattani Plaza, Andheri Safedpul, Mumbai-400072

Phone - 022-28520461/462

Fax -

Email - cs@ganeshinfraworld.com

Website - www.ganeshinfra.com