G R Infraprojects Limited IPO
Mainboard₹14,229 / 17 Shares
IPO Details
G R Infraprojects Limited IPO IPO is priced between ₹828 to ₹837 per equity shareEmployee Discount - ₹42, with a face value of ₹5 per share. The company's equity shares will be listed on the Mainboard, and KFintech Private Limited is managing the issue as the registrar.
The IPO bidding period opened on 7 Jul, 2021, and closed on 9 Jul, 2021. The allotment results will be announced on 14 Jul, 2021, with a tentative listing date set for 19 Jul, 2021.
The total issue comprises 11,508,704 Eq Shares of ₹5 , amounting to ₹963.28 Cr.
G R Infraprojects Limited IPO IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Jul 7, 2021 - Jul 9, 2021 | 19 Jul, 2021 | ₹5 Per Equity Share | ₹828 to ₹837 per equity shareEmployee Discount - ₹42 | - | Shares | - | BSE, NSE |
G R Infraprojects Limited IPO IPO Timeline
Issue Price
₹828 to ₹837 per equity shareEmployee Discount - ₹42Face Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedMarket Lot
17 Shares (₹14,229/-)Lead Manager
Equirus Capital Private Limited, HDFC Bank Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets LimitedIssue Size
11,508,704 Eq Shares of ₹5 (aggregating up to ₹963.28 Cr)#Offer for Sale: 11,508,704 Eq Shares of ₹5 (aggregating up to ₹963.28 Cr)Retail Portion
35%Subscription
102.58 timesG R Infraprojects Limited IPO IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 10116.04 | 7906.94 | 953.22 | - | - | - |
| 31 Mar 20 | 7783.41 | 6423.70 | 800.83 | - | - | - |
| 31 Mar 19 | 5828.73 | 5325.53 | 716.63 | - | - | - |
All values are in ₹ Cr.
About Company
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.
G R Infraprojects Limited IPO IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
10.25 times
G R Infraprojects Limited IPO IPO - Issue Objectives
- To achieve the share listing benefits on the BSE and NSE.
- To make an offer for sale of upto 11,508,704 shares.