Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
GNI Infrastructure Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on June 30, 2026 to raise funds through Initial Public Offer (IPO).
GNI Infrastructure Ltd. IPO is a Book Build Issue of 3.04 crore equity shares consisting of a fresh issue of upto 2.10 crore equity shares and an offer for sale (OFS) of upto 0.94 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. SMC Capitals Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to GNI Infrastructure IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,04,17,854 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 2,10,29,642 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 93,88,212 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 9,99,70,358 shares |
| Share Holding Post Issue | 12,10,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Jun 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
GNI Infrastructure Ltd. is an Infrastructure and Engineering company engaged in the design, construction, and execution of a wide range of infrastructure projects.
The company primarily undertakes civil construction works, including roads, highways, bridges, irrigation projects, industrial infrastructure, and other public utility developments for government and private sector clients.
The company offers end-to-end project execution capabilities, covering engineering, procurement, construction, and project management. It focuses on delivering projects with an emphasis on quality, timely completion, and operational efficiency while leveraging modern construction techniques and equipment. GNI Infrastructure also works on strengthening its execution capabilities through investments in machinery, technology, and skilled manpower.
As of December 31, 2025, they have successfully completed over 50 road infrastructure projects during the last five years comprising construction, concreting, asphalting, widening, repair, and maintenance of access roads, diversion roads, service roads and highways.
As of December 31, 2025, they had 18 projects under execution across multiple districts in Maharashtra, including 17 road projects and 1 environmental engineering project.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 796.80 | 687.03 | 469.85 | 383.29 |
| Total Income | 250.15 | 338.37 | 211.03 | 323.48 |
| Profit After Tax | 49.66 | 76.12 | 46.96 | 75.41 |
| EBITDA | 87.64 | 108.64 | 63.58 | 110.41 |
| NET Worth | 436.09 | 386.19 | 249.73 | 202.63 |
| Reserves and Surplus | 317.95 | 363.76 | 228.20 | 182.36 |
| Total Borrowing | 263.24 | 235.01 | 182.96 | 152.92 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Om Power Transmission Ltd. | Mainboard | ₹150.06 Cr | ₹175 | 21.13 | ₹193.38 | +10.50% | ₹178.47 (-1.57%) |
| Solarworld Energy Solutions Ltd. | Mainboard | ₹490.00 Cr | ₹351 | 33.77 | ₹323.50 | -7.83% | ₹209.51 (+13.23%) |
| GK Energy Ltd. | Mainboard | ₹464.26 Cr | ₹153 | 20.29 | ₹167.74 | +9.63% | ₹139.64 (-0.82%) |
| Vikran Engineering Ltd. | Mainboard | ₹772.00 Cr | ₹97 | 22.88 | ₹95.71 | -1.33% | ₹74.54 (-0.15%) |
| M&B Engineering Ltd. | Mainboard | ₹650.00 Cr | ₹385 | 24.98 | ₹408.65 | +6.14% | ₹325.25 (-0.91%) |
| Leapfrog Engineering Services Ltd. | SME | ₹88.51 Cr | ₹23 | 15.19 | ₹23.10 | +0.43% | ₹21.71 (+4.98%) |
| Safety Controls & Devices Ltd. | SME | ₹48.00 Cr | ₹80 | 12.3 | ₹78.99 | -1.26% | ₹80.04 (-1.72%) |
| Srinibas Pradhan Constructions Ltd. | SME | ₹20.32 Cr | ₹98 | 9.15 | ₹104.40 | +6.53% | ₹132.85 (+6.28%) |
| GRE Renew Enertech Ltd. | SME | ₹39.56 Cr | ₹105 | 15.72 | ₹91.20 | -13.14% | ₹158.65 (+5.00%) |
| E to E Transportation Infrastructure Ltd. | SME | ₹84.22 Cr | ₹174 | 15.44 | ₹327.80 | +88.39% | ₹270.30 (+2.97%) |
| Valplast Technologies Ltd. | SME | ₹28.09 Cr | ₹54 | 12.75 | ₹58.63 | +8.57% | ₹42.00 (+1.79%) |
| Chiraharit Ltd. | SME | ₹31.07 Cr | ₹21 | 13.95 | ₹15.96 | -24.00% | ₹8.50 (+0.24%) |
| Telge Projects Ltd. | SME | ₹27.24 Cr | ₹105 | 14.04 | ₹110.45 | +5.19% | ₹140.75 (-4.90%) |
| Karbonsteel Engineering Ltd. | SME | ₹59.30 Cr | ₹159 | 12.47 | ₹194.35 | +22.23% | ₹130.50 (-3.33%) |
| Goel Construction Co.Ltd. | SME | ₹100.15 Cr | ₹263 | 7.8 | ₹317.60 | +20.76% | ₹444.05 (+3.27%) |
| Oval Projects Engineering Ltd. | SME | ₹46.74 Cr | ₹85 | 13.91 | ₹85.05 | +0.06% | ₹59.00 (+5.17%) |
| Current Infraprojects Ltd. | SME | ₹41.80 Cr | ₹80 | 11.78 | ₹152.75 | +90.94% | ₹108.00 (+2.81%) |
| Mahendra Realtors & Infrastructure Ltd. | SME | ₹49.45 Cr | ₹85 | 9.94 | ₹64.60 | -24.00% | ₹70.90 (+1.29%) |
| Savy Infra & Logistics Ltd. | SME | ₹69.98 Cr | ₹120 | 7.53 | ₹143.30 | +19.42% | ₹126.00 (+1.57%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital Requirement | 155.33 |
| 2 | General Corporate Purposes | |
| Total | 155.33 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 12.55% | 25.25% |
| ROCE | 12.59% | 20.34% |
| Debt/Equity | 0.61 | 0.60 |
| RoNW | 12.55% | 25.25% |
| PAT Margin | 19.85% | 22.50% |
| EBITDA Margin | 37.81% | 35.15% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 92.73% |
Lead Manager Reports
GNI Infrastructure IPO is a main-board IPO of 3,04,17,854 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The GNI Infrastructure IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in GNI Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in GNI Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in GNI Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The GNI Infrastructure IPO dates are not announced. Please check back again after some time.
GNI Infrastructure IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in GNI Infrastructure IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for GNI Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the GNI Infrastructure IPO allotment status.
The GNI Infrastructure IPO listing date is not yet announced. The tentative date of listing is .
