Ganesh Infraworld IPO: The shares allotment of Rs 98.58 crore SME IPO is likely to be finalised on Wednesday, December 4, 2024. Investors can review the status of their application through NSE or Link Intime India. The IPO received massive response from across categories, oversubscribing by 369.56x on December 3rd. The latest grey market premium suggests a 94% premium listing.
Ganesh Infraworld IPO Allotment Status:
There are two ways to check the allotment status in C2C Advanced IPO. One is via the NSE website and the other is the registrar of the IPO, Link Intime.
To Check the Status Of the Application Through Link Intime, Click On The Link Below:
Step 1: Once the link opens. You will be directed to a page. There will be an option of 'Select Company', under which, click on Ganesh Infraworld - SME IPO.
Step 2: Select either option of the 'PAN card', 'Application No', DP/Client ID, Account No, Or IFSC code to review the application status.
Step 3: After feeding either of the options, click on SUBMIT. The status of your application should appear eventually.
Ganesh Infraworld IPO GMP Today:
As per Investor Grain, Ganesh Infraworld SME IPO last GMP is ₹78, last updated Dec 4th 2024 01:54 PM. With a price band of 83.00, Ganesh Infraworld SME IPO's estimated listing price is ₹161 (cap price + today's GMP). The expected percentage gain/loss per share is 93.98%.
After the allotment of status, the initiation of refunds or credit of shares to demat account will be carried on December 5, while the listing date is likely on December 6 in Ganesh Infraworld IPO.
Ganesh Infraworld IPO Details:
The SME IPO is 100% book building and opened on November 29. The bidding window closed on December 3rd. The price band for the IPO was fixed at Rs 78 to Rs 83 per equity share.
After the final day, the IPO received bids of 2,82,89,61,600 equity shares, against offered size of 7,42,130 equity shares. Overall, the IPO oversubscribed strongly by 369.56x. The non-institutional investors (NII) portion received the most subscriptions 865.82 times, followed by the retail category oversubscribing by 274.48 times and the qualified institutional buyers category subscribing by 163.52 times.
About Ganesh Infraworld
What began as Ganesh International, an ambitious Infrastructure EPC firm, has evolved into a dynamic and innovative public limited company Ganesh Infraworld Limited.
Specializing in Civil & Electrical Infra, Road & Rail Infra, and Water Infra, Ganesh Infraworld offers comprehensive end-to-end solutions for all Erection Services required in complex projects awarded to its clients.
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