G R Infraprojects Limited IPO (G R Infraprojects IPO) Detail

Jul 7, 2021 - Jul 9, 2021

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.

Competitive Strengths

  • 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 Promoters:

Vinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Agarwal, and Lokesh Builders Private Limited are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,01,160.45 77,834.16 58,287.31
Total Revenue 79,069.43 64,237.05 53,255.30
Profit After Tax 9,532.21 8,008.32 7,166.38

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, aggregating to Rs._ million.

G R Infraprojects IPO Details

IPO Opening DateJul 7, 2021
IPO Closing DateJul 9, 2021
Issue TypeBook Built Issue IPO
Face Value₹5 per equity share
IPO Price₹828 to ₹837 per equity share
Market Lot17 Shares
Min Order Quantity17 Shares
Listing AtBSE, NSE
Issue Size11,508,704 Eq Shares of ₹5
(aggregating up to ₹963.28 Cr)
Offer for Sale11,508,704 Eq Shares of ₹5
(aggregating up to ₹963.28 Cr)
Employee Discount42

G R Infraprojects IPO Tentative Timetable

The G R Infraprojects IPO open date is Jul 7, 2021, and the close date is Jul 9, 2021. The issue may list on Jul 19, 2021.

IPO Open DateJul 7, 2021
IPO Close DateJul 9, 2021
Basis of Allotment DateJul 14, 2021
Initiation of RefundsJul 15, 2021
Credit of Shares to Demat AccountJul 16, 2021
IPO Listing DateJul 19, 2021

G R Infraprojects IPO Lot Size

The G R Infraprojects IPO market lot size is 17 shares. A retail-individual investor can apply for up to 14 lots (238 shares or ₹199,206).

ApplicationLotsSharesAmount (Cut-off)
Minimum117₹14,229
Maximum14238₹199,206

G R Infraprojects IPO Promoter Holding

Pre Issue Share Holding88.04%
Post Issue Share Holding86.54%

G R Infraprojects IPO Subscription Status (Bidding Detail)

The G R Infraprojects IPO is subscribed 102.58x times on Jul 9, 2021 17:01. The public issue subscribed 12.57x in the retail category, 168.58x in the QIB category, and 238.04x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

168.58x

NII

238.04x

RII

12.57x

Employee

1.37x

Total

102.58x

Note: G R Infraprojects IPO application wise subscription: 10 times

G R Infraprojects IPO Prospectus

G R Infraprojects IPO Rating

1472
4.1
Rating:Rated 4.1 stars

Vote Here ...

G R Infraprojects IPO Listing Date

Listing DateMonday, July 19, 2021
BSE Script Code543317
NSE SymbolGRINFRA
Listing InB Group of Securities
ISININE201P01022
IPO Price₹837 per equity share
Face Value₹5 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹837.00
₹1,700.00
₹1,550.00
₹1,838.80
₹1,746.80
767,697
NSE
₹837.00
₹1,715.85
₹1,550.00
₹1,838.00
₹1,747.10
14,023,521

G R Infraprojects IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: gril.ipo@kfintech.com
Website: https://karisma.kfintech.com/

G R Infraprojects IPO FAQs

  1. What is G R Infraprojects IPO?

    G R Infraprojects IPO is a main-board IPO of 11,508,704 equity shares of the face value of ₹5 aggregating up to ₹963.28 Crores. The issue is priced at ₹828 to ₹837 per equity share. The minimum order quantity is 17 Shares.

    The IPO opens on Jul 7, 2021, and closes on Jul 9, 2021.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in G R Infraprojects IPO through Zerodha?

    Zerodha customers can apply online in G R Infraprojects IPO using UPI as a payment gateway. Zerodha customers can apply in G R Infraprojects IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in G R Infraprojects IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'G R Infraprojects IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When G R Infraprojects IPO will open?

    The G R Infraprojects IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.

  4. What is the lot size of G R Infraprojects IPO?

    G R Infraprojects IPO lot size is 17 Shares and the minimum order quantity is 17 Shares.

  5. How to apply for G R Infraprojects IPO?

    You can apply in G R Infraprojects IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When G R Infraprojects IPO allotment?

    The finalization of Basis of Allotment for G R Infraprojects IPO will be done on Jul 14, 2021, and the allotted shares will be credited to your demat account by Jul 16, 2021. Check the G R Infraprojects IPO allotment status.

  7. When is G R Infraprojects IPO listing date?

    The G R Infraprojects IPO listing date is on Monday, July 19, 2021.

G R Infraprojects IPO Message Board

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