G R Infraprojects Limited IPO Detail
G R Infraprojects is an integrated road engineering, procurement, and construction company with experience in designing and construction activities and road/highway projects. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector but also diversified into manufacturing activities of thermoplastic road-making paints, electric poles, road signages, and fabricating metal crash barriers.
Till April 2021, it has completed 100+ road construction projects successfully, and currently, 4 BOT projects are under construction. The company owns 3 manufacturing facilities at Udaipur (Rajasthan), Guwahati (Assam), and Sandila (Uttar Pradesh) and has a fabricating and galvanization unit at Ahmedabad, Gujarat.
- Expertise in road projects i.e. state and national highways, culverts, flyovers, airport runways, tunnels, etc.
- Strong project execution capabilities.
- Robust financial performance track record.
- Experienced promoters and managers team.
Company PromotersVinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Agarwal, and Lokesh Builders Private Limited are the company promoters.
|IPO Opening Date||Jul 07, 2021|
|IPO Closing Date||Jul 09, 2021|
|Issue Type||Book Built Issue IPO|
|Face Value||₹5 per equity share|
|IPO Price||₹828 - 837 per equity share|
|Market Lot||17 Shares|
|Min Order Quantity||17 Shares|
|Listing At||BSE, NSE|
|Issue Size||₹963.28 Cr|
|Offer for Sale||11,508,704 Eq Shares of ₹5 (aggregating up to ₹963.28 Cr)|
IPO Subscription (Bidding Detail)
IPO Tentative Timetable
The G R Infraprojects Limited IPO open date is Jul 07, 2021, and the close date is Jul 09, 2021. The issue may list on Jul 19, 2021.
|IPO Open Date||Jul 07, 2021|
|IPO Close Date||Jul 09, 2021|
|Basis of Allotment Date||Jul 14, 2021|
|Initiation of Refunds||Jul 15, 2021|
|Credit of Shares to Demat Account||Jul 16, 2021|
|IPO Listing Date||Jul 19, 2021|
IPO Lot Size
The G R Infraprojects Limited IPO market lot size is 17 shares. A retail-individual investor can apply for up to 14 lots (238 shares or ₹199206).
IPO Promoter Holding
|Pre Issue Share Holding||88.04%|
|Post Issue Share Holding||86.54%|
For the year/period ended (₹ in Crs)
|Financial Year||Total Assets||Total Revenue||Profit After Tax|
Objects of the Issue:
- To achieve the share listing benefits on the BSE and NSE.
- To make an offer for sale of upto 11,508,704 shares