Ganesh Infraworld Ltd. has announced public offering of 11876800 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 78.00 per share. The gross proceeds of the issue are expected to be Rs 9,857.74 lakhs.
The company's initial public offer (IPO) will open on 29 November 2024 and is expected to close on 03 December 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 78.00-83.00 per share.
The IPO includes a fresh Issue of 11876800 Equity Shares of the Company at an price of Rs 83.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Ganesh Infraworld Ltd. anticipates using the proceeds of the issue for .
Vivro Financial Services Private Ltd. as lead manager & Link Intime India Pvt. Ltd. is the registrar, to the issue.