The Ganesh Infraworld IPO allotment status is now available as the basis of allotment has been finalized. The initial public offering (IPO), which closed its three-day subscription window on Tuesday, December 3, 2024, saw strong investor demand, with a subscription rate of 369 times. The Rs 98.58 crore SME offering was priced in a range of Rs 78–Rs 83 per share, with a lot size of 1,600 shares.
The NSE SME issue was subscribed nearly 370 times on the last day of bidding, with investors applying for 2,76,66,52,800 shares against 74,86,400 shares available for bidding. Qualified Institutional Buyers (QIBs) subscribed their category 163.52 times, applying for 34,95,34,400 shares as compared to 21,37,600 shares on offer, according to market tracking site Chittorgarh.
The grey market premium (GMP) for Ganesh Infraworld shares remains strong, with the unlisted shares trading at a premium of approximately Rs 78 over the upper price band of Rs 83, reflecting a GMP of 93.98%. Shares of Ganesh Infraworld are set to debut on the NSE SME on Friday, December 6, 2024. Based on current grey market trends, the shares are expected to list around Rs 157.70, representing a premium of Rs 74.70 or 90% over the upper end of the IPO price band.
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About Ganesh Infraworld Company
Ganesh Infraworld Limited, founded in 2017, is a construction company specializing in industrial, civil, residential, and commercial buildings, as well as road, railway, power, and water distribution projects across India. The company offers end-to-end EPC services, including planning, design, execution, and material supply. Notable clients include Magnum Ventures, Raikela Iron Ore Mines, and JD Cables. As of August 31, 2024, it had 41 active projects worth Rs 57,485.53 lakhs across 13 states, employing 42 staff members.
Check Ganesh Infraworld IPO Allotment Status
| SatelliteCorp | SatelliteCorp IPO Allotment Status |
| NSE | NSE IPO Allotment Status Link |
| Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check Ganesh Infraworld IPO Allotment Status on SatelliteCorp
To check your Ganesh Infraworld IPO allotment status on SatelliteCorp, follow these steps:
Visit the SatelliteCorp IPO Allotment Page – Open the Ganesh Infraworld IPO allotment page by visiting the official SatelliteCorp website, which is SatelliteCorp.com.
Select the IPO Name – On the allotment page, find the drop-down menu where you can choose the IPO name. From the list, select ‘Ganesh Infraworld IPO’.
Choose the Allotment Option – You’ll be prompted to select your allotment check method. You can choose from three options: PAN Number, Application Number, or DP ID (Demat Account ID).
Enter Required Information – Depending on the option you selected in the previous step, enter the relevant information such as your PAN Number, Application Number, or Demat Account Number in the provided fields.
Click on the ‘Search’ Button – After filling in your details, click the ‘Search’ button to proceed.
View Your Allotment Status – Your Ganesh Infraworld IPO allotment status will be displayed on the screen. You can check this information on either your mobile or desktop device.
By following these steps, you’ll be able to easily check the IPO allotment status via SatelliteCorp.
Step 2: How to Check Ganesh Infraworld IPO Allotment Status on NSE
If you prefer to check the Ganesh Infraworld IPO allotment status on the NSE (National Stock Exchange) website, follow these steps:
Visit the NSE IPO Allotment Page – Go to the official NSE India website at NSEIndia.com and locate the IPO allotment section.
Select the IPO Name – From the drop-down menu, select ‘Ganesh Infraworld IPO’ to search for your allotment status.
Choose the Allotment Check Option – You’ll be asked to select the method to check the allotment. Choose between PAN Number, Application Number, or DP ID Option based on your preference.
Enter the Required Details – Input the necessary information, such as your PAN Number, Application Number, or Demat Account Number, depending on the selection you made in the previous step.
Click on the ‘Search’ Button – After entering the details, click the ‘Search’ button to check your status.
View the Allotment Status – Your allotment status will be displayed on the screen. You can check the result on either your mobile phone or desktop computer.
This process will help you check the Ganesh Infraworld IPO allotment status through the official NSE website.
Step 3: How to Check Ganesh Infraworld IPO Allotment in Your Demat Account
To confirm if you have received Ganesh Infraworld IPO allotment, follow these steps:
Contact Your Broker or Login to Your Trading Account – The most straightforward way to check is by calling your broker or logging into your Demat/Trading account through your online trading platform.
Check for Credit of Shares – Once logged in, navigate to your portfolio or holdings section to see if the shares have been credited to your account.
Verify the Allotment – If the IPO shares have been allotted to you, they will appear as credited shares in your Demat account.
By following these steps, you can easily verify whether your Ganesh Infraworld IPO shares have been credited to your Demat account.
Step 4: How to Check Ganesh Infraworld IPO Allotment in Your Bank Account
You can also verify if you have received the Ganesh Infraworld IPO allotment through your bank account. Here’s how:
Login to Your Bank Account – Use your credentials to log in to the bank account from which you applied for the Ganesh Infraworld IPO.
Check the Balance Tab – Navigate to the ‘Balance’ or ‘Transactions’ tab in your bank account to track any recent debits related to the IPO.
Confirm the Allotment Status – If you have received the IPO allotment, the corresponding amount will be debited from your account.
Refunds in Case of Non-Allotment – If you did not receive the allotment, the application amount will be refunded to your account.
Check for an SMS Notification – If your IPO application is successful, your bank will send you an SMS alert confirming the debit. The message will read something like: “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on [Date]. Info: IPO Name. The Available Balance is INR 000000.”
Ganesh Infraworld IPO Allotment Status FAQs
What is the Ganesh Infraworld IPO allotment date?
The Ganesh Infraworld IPO allotment status will be finalized on December 4, 2024.
How can I check if I have been allotted Ganesh Infraworld IPO shares?
You can check the allotment status on SatelliteCorp, NSE India, or through your Demat account.
Is there a fee for checking the Ganesh Infraworld IPO allotment status?
No, checking the allotment status is free of charge.
Can I check the allotment status using my PAN number?
Yes, you can check the allotment status using your PAN number, Application Number, or Demat ID.
What happens if I don’t get an allotment?
If you are not allotted shares, your application amount will be refunded to your bank account.
When will Ganesh Infraworld IPO shares be listed?
The shares are expected to list on the NSE SME on December 6, 2024.