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
| 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 – Tentative Details
| IPO Opening Date | July 07, 2021 |
| IPO Closing Date | July 09, 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 963.27 Cr |
| Face Value | ₹5 per equity share |
| IPO Price | [828] to [837] per equity share |
| Market Lot | 17 Shares |
| Min Order Quantity | 17 Shares |
| Listing At | BSE SME |
| Total Share Issue | 1,71,84,666 Equity Share |
| Register | KfinTech Pvt Ltd |
G R Infraprojects IPO – Timetable
| 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 |
G R Infraprojects IPO Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 17 | 14,229 |
| Maximum | 13 | 221 | 1,84,977 |
G R Infraprojects IPO Promoter Holding
| Pre Issue Share Holding | 88.04% |
| Post Issue Share Holding |
Company Contact Information
| G R Infraprojects Limited Revenue Block No. 223, Old Survey No.384 /1, 384/2 Paiki and 384 / 3, Khata No. 464, Kochariya, Ahmedabad, Gujarat – 382220 Phone: +91 294 248 7370 Email: cs@grinfra.com Website: http://www.grinfra.com/ |
G R Infraprojects IPO FAQs
| 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 . The issue is priced at [828] to [837] per equity share. The minimum order quantity is 17 Equity 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. |
| When G R Infraprojects IPO will open? The G R Infraprojects IPO opens on Jul 7, 2021 and closes on Jul 9, 2021. |
| What is the lot size of G R Infraprojects IPO? G R Infraprojects IPO lot size and the minimum order quantity is 17 Equity Share at this time. |
| 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. |
| When is G R Infraprojects IPO listing date? The G R Infraprojects IPO listing date announced. The date of G R Infraprojects IPO listing is Jul 19, 2021. |
