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G R Infraprojects IPO

IPO Status: Closed [7th Jul 2021 to 9th Jul 2021]

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G R Infraprojects IPO Detail

G R Infraprojects IPO Details

IPO Issue Opening Date: 7th Jul 2021
IPO Issue Closing Date: 9th Jul 2021
IPO Issue Price: ₹828-837 Per Share
DRHP: View DRHP
RHP: View RHP
IPO Listing At: BSE, NSE
Retail Quota: 51.38%
IPO Issue Type: Book Build Issue
IPO Issue Size: 11,508,704 shares at ₹837 each [Aggregating to ₹962 Cr]
Offer for Sale: 11,508,704 shares at ₹837 each [Aggregating to ₹962 Cr]
Face Value: ₹5 Per Equity Share
IPO Discount: 42
Promoter Holding Pre IPO: 88.04%
Promoter Holding Post IPO: 86.54%
Allotment Status: Allotment Status
BSE Code: 543317
NSE Code: GRINFRA

IPO Live GMP IPO Live GMP

G R Infraprojects IPO Important Dates

In this section we have covered all important dates related to G R Infraprojects IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

G R Infraprojects IPO important dates
IPO Activity Date
Basis of Allotment Date* 14th Jul 2021
Refunds Initiation* 15th Jul 2021
Credit of Shares to Demat* 16th Jul 2021
IPO Listing Date* 19th Jul 2021

* - Tentative Dates

G R Infraprojects IPO Lots

IPO Activity Date
Issue Price ₹828-837
Market Lot: 17 Shares
1 Lot Amount: ₹14229
Min Small HNI Lots(2-10 Lakh): 255 shares(15 lots)
Min Big HNI Lots(10+ Lakh):
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  • About Company - G R Infraprojects

    About G R Infraprojects IPO

    G R Infraprojects Limited, an integrated road engineering, procurement, and construction (EPC) company is coming with an IPO by an offer for sale (OFS) of upto 11,508,704 equity shares. The IPO opening date is 7 July 2021 and closes for subscription on 9 July 2021. The price band is set at Rs. 828-837, the floor price is 165.60 times and cap price is 167.40 times of Rs. 5 face value. IPO lot size or minimum order quantity is 17 shares. Stay updated with us to know more about G R Infraprojects IPO including its financial performance, strengths, weakness, live subscription, allotment status, and more.

    Incorporation Sector IPO Issue Size Website
    1995 Construction ₹963.28 Cr http://www.grinfra.com/

    About the Company - G R Infraprojects Limited

    G R Infraprojects Limited is an integrated road engineering, procurement, and construction company with expertise in designing and constructing road projects like state and national highways, tunnels, bridges, flyovers, airport runways, etc. on EPC and Build Operate Transfer (BOT) basis. As of April 2021, it has successfully completed 100+ road construction projects across various states in India and 1 BOT project on an Annuity basis while 4 BOT projects are under construction. As of December 2021, it has a strong order book value of Rs. 190,258.05 million.

    It has three manufacturing units at Udaipur (Rajasthan), Sandila (Uttar Pradesh), and Guwahati (Assam) to process bitumen, thermoplastic road making paints, road signage and has a fabrication and galvanization unit at Ahmedabad, Gujarat to manufacture metal crash barriers and electric poles.

    G R Infraprojects IPO Strengths

    • Strong order book value worth Rs. 190,258.05 million as of December 2021.
    • Focused EPC player with a major focus on road projects.
    • Long-term experience in civil construction projects.
    • Well-proven financial track record and good credit rating.
    Incorporation Sector IPO Issue Size Website
    NULL NULL 11,508,704 shares at ₹837 each [Aggregating to ₹962 Cr] http://www.grinfra.com/

    G R Infraprojects IPO Objective

    • To collect an aggregate amount of ₹_ by an offer for sale of up to 11,508,704 equity shares.
    • To achieve the share listing benefits on the NSE and BSE stock exchanges.

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    G R Infraprojects IPO Live Subscription (NSE + BSE)

    The table below is live update of IPO bidding details from NSE and BSE.

    • Qualified Institutional Buyers: 2,256,741 Shares
    • Non-Institutional Investors: 1,692,556 Shares
    • Retail Individual Investor: 3,949,297 Shares
    • Employees Quota: 225,000 Shares
    IPO Bidding Live Updates from BSE + NSE
    Day QIBNIIRIIEMPTotal
     # of Shares Offered2,256,741 (27.78%)1,692,556 (20.84%)3,949,297 (48.62%)225,0008,123,594
    17th Jul 2021 17:020.49x2.68x3.25x0.24x2.28x
    28th Jul 2021 19:022.79x6.31x7.50x0.75x5.75x
    39th Jul 2021 17:03168.58x238.04x12.57x1.37x102.58x

    G R Infraprojects Financials for past 3 Years

    Past performance and financial results of G R Infraprojects.

    G R Infraprojects financial
    G R Infrastructure Limited Financials 31-Mar-2021 31-Mar-2020 31-Mar-2019
    Total Assets ₹10,116.05 Cr ₹7,783.42 Cr ₹5,828.73 Cr
    Total Income ₹7,906.94 Cr ₹6,423.71 Cr ₹5,325.53 Cr
    Net Profit/Loss ₹953.22 Cr ₹800.83 Cr ₹716.64 Cr

    Company Address

    G R Infraprojects Limited
    evenue Block No. 223, Old Survey No.384 /1, 384/2
    Paiki and 384 / 3, Khata No. 464, Kochariya, Ahmedabad,,Gujarat-382220
    India
    Website: http://www.grinfra.com/
    Phone: +91 294 248 7370
    Email: [email protected]

    G R Infraprojects IPO Registrar

    KFintech Private Limited
    KFintech, Tower-B, Plot No 31 & 32,
    Financial District, Nanakramguda, Gachibowli,
    Hyderabad, Telangana India - 500 032.
    Website: https://karisma.kfintech.com/
    Phone: 04067162222, 04079611000
    Email: [email protected]

    G R Infraprojects IPO Lead Manager

    1. Kotak Mahindra Capital Company Limited
    2. ICICI Securities Limited
    3. SBI Capital Markets Limited
    4. Motilal Oswal Investment Advisors Pvt Ltd
    5. HDFC Bank Limited
    6. Equirus Capital Private Limited
    G R Infraprojects IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for G R Infraprojects? Should I apply in G R Infraprojects IPO?

    Last Updated on 2021-09-27T10:41:54+00:00


    User Reviews

    avatar
    7. Nakul  Jun 29 2021 01:01:57 PM Reply
    Expected price band: 827-838 and lot size 17 shares.
    avatar
    6. Surendra Sharma Jun 29 2021 12:53:40 PM Reply
    G R Infra is a must apply IPO to gain strong returns in long term.
    avatar
    5. Neeraj Kataruka  Jun 28 2021 10:38:25 PM Reply
    G R Infraprojects IPO expected listing gain.
    avatar
    4. Akbar khan Jun 28 2021 10:38:25 PM Reply
    Please confirm G R Infraprojects IPO GMP (grey market premium) and kostak.
    avatar
    3. Biswajit Mohanty Jun 28 2021 10:38:25 PM Reply
    G R Infraprojects IPO good or bad.
    avatar
    2. maheshwar Dass Jun 28 2021 10:38:25 PM Reply
    G R Infraprojects IPO whether to invest or not.
    avatar
    1. Dharmendra Chouhan  Jun 28 2021 10:38:25 PM Reply
    G R Infraprojects IPO - CRISIL Rating, Apply or not?.