Ganesh Green Bharat IPO vs Effwa Infra and Research IPO

Ganesh Green Bharat IPO vs Effwa Infra and Research IPO: Investing in Initial Public Offerings (IPOs) can be a strategic move for investors seeking to capitalize on emerging opportunities in the market. Here’s an in-depth comparison of the Ganesh Green Bharat IPO and the Effwa Infra and Research IPO to help you navigate your investment decision wisely.

Overview Of Ganesh Green Bharat IPO vs Effwa Infra and Research IPO

Ganesh Green Bharat IPO:
Ganesh Green Bharat Limited, established in 2016, specializes in Electrical Contracting Services with a focus on solar and electrical products. The company is offering 65.91 lakh shares through its IPO, aiming to raise Rs 125.23 crores. The IPO opens on July 5, 2024, and closes on July 9, 2024, with a listing date set for July 12, 2024, on NSE SME.

Effwa Infra and Research IPO:
Effwa Infra & Research Limited, founded in 2014, provides comprehensive services in water pollution control, including engineering, consulting, and project management. The IPO comprises 62.53 lakh shares, including 53.17 lakh fresh issues and 9.36 lakh shares for sale. Similar to Ganesh Green Bharat, Effwa Infra and Research IPO opens on July 5, 2024, and closes on July 9, 2024, with a listing date of July 12, 2024, on NSE SME.

Financial Details Of Ganesh Green Bharat IPO vs Effwa Infra and Research IPO

AspectGanesh Green Bharat IPOEffwa Infra and Research IPO
IPO SizeRs 125.23 crores₹51.27 crores
Price BandRs 181 to Rs 190 per share₹78 to ₹82 per share
Lot Size600 shares1600 shares
Share AllocationRetail (35%), QIB (50%), HNI (15%)Retail (35%), QIB (50%), HNI (15%)
Financial PerformanceRevenue: Rs 17,196.48 lakhs, PAT: Rs 2,183.02 lakhsRevenue: Rs 14,551.46 lakhs, PAT: Rs 1,380.06 lakhs

Objectives of the Issue Of Ganesh Green Bharat IPO vs Effwa Infra and Research IPO

Ganesh Green Bharat:

  • Repayment of borrowings
  • Capital expenditure for plant and machinery
  • Working capital requirements
  • General corporate purposes

Effwa Infra and Research:

  • Working capital requirements
  • Capital expenditure for new office equipment
  • General corporate purposes

Promoters and Management Of Ganesh Green Bharat IPO vs Effwa Infra and Research IPO

Ganesh Green Bharat:

  • Promoters: Ketanbhai Narsinhbhai Patel, Rajendrakumar Narsinhbhai Patel, Niravkumar Sureshbhai Patel, Shilpaben Ketanbhai Patel
  • Management: A dedicated team of engineers and consultants overseeing operations and compliance with industry standards.

Effwa Infra and Research:

  • Promoters: Dr. Varsha Subhash Kamal, Mr. Subhash Ramavtar Kamal
  • Management: More than 118 employees specializing in engineering and project management, focusing on water management projects.

Key Performance Indicators (KPIs)

Ganesh Green Bharat:

  • Return on Equity (RoE): 46.42%
  • Return on Capital Employed (RoCE): 29.98%

Effwa Infra and Research:

  • Return on Equity (RoE): 45.46%
  • Return on Capital Employed (RoCE): 40.99%

Pros and Cons

Ganesh Green Bharat IPO Pros:

  • Strong Financial Growth: Significant revenue and PAT growth.
  • Diversified Project Portfolio: Involvement in government initiatives and private sector projects.
  • Experienced Management Team: Expertise in electrical contracting services.

Ganesh Green Bharat IPO Cons:

  • Dependence on Government Projects: Vulnerable to policy changes affecting government-funded initiatives.
  • Industry Competition: Competitive market with established players.

Effwa Infra and Research IPO Pros:

  • Specialized Service Offering: Niche focuses on water pollution control.
  • Steady Financial Performance: Consistent revenue and PAT growth.
  • Geographical Diversification: Projects executed across multiple states and international markets.

Effwa Infra and Research IPO Cons:

  • Environmental Regulations: Vulnerable to regulatory changes in environmental policies.
  • Market Dependency: Relying on the government and industrial sector for project contracts.

Conclusion

Investing in the Ganesh Green Bharat IPO or the Effwa Infra and Research IPO depends on various factors, including financial condition, growth prospects, and industry dynamics. Both companies offer unique opportunities in their respective sectors, catering to different segments of the market. It’s essential to conduct thorough research and analyze IPO pricing, subscription trends, and industry outlooks before making an investment decision.

Stay informed with the latest updates and subscribe to our IPO updates for real-time information on Ganesh Green Bharat IPO and Effwa Infra and Research IPO. For more details, visit our IPO section or consult with financial advisors to align your investment goals with the right IPO opportunity.

FAQs Of Ganesh Green Bharat IPO vs Effwa Infra and Research IPO

When do Ganesh Green Bharat and Effwa Infra and Research IPOs open and close?

Answer: Both IPOs open on July 5, 2024, and close on July 9, 2024.

What are the listing dates for Ganesh Green Bharat and Effwa Infra and Research IPOs?

Answer: The listing date for both IPOs is July 12, 2024.

What is the price band for Ganesh Green Bharat IPO and Effwa Infra and Research IPO?

Answer: The price band for Ganesh Green Bharat IPO is set between ₹181 to ₹190 per share. Effwa Infra and Research IPO’s price band is ₹78 to ₹82 per share.

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2 thoughts on “Ganesh Green Bharat IPO vs Effwa Infra and Research IPO”

  1. Hey Rajesh. You had provided a description about both the IPO’s but not provided your conclusion. Description can be found either way in other researches too. Everybody know that both companies offer unique opportunities in their respective sectors, catering to different segments of the market but that was not expected.

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