G R Infraprojects Limited IPO (G R Infraprojects IPO)

G R Infraprojects IPO
Upcoming G R Infraprojects IPO 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.

G R Infraprojects IPO

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

ParticularsFor the year/period ended (₹ in million)
31-Mar-2131-Mar-2031-Mar-19
Total Assets1,01,160.4577,834.1658,287.31
Total Revenue79,069.4364,237.0553,255.30
Profit After Tax9,532.218,008.327,166.38

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 DateJuly 07, 2021
IPO Closing DateJuly 09, 2021
Issue TypeBook Built Issue IPO
Issue Size963.27 Cr
Face Value₹5 per equity share
IPO Price[828] to [837] per equity share
Market Lot17 Shares
Min Order Quantity17 Shares
Listing AtBSE SME
Total Share Issue1,71,84,666 Equity Share
RegisterKfinTech Pvt Ltd

G R Infraprojects IPO – Timetable

IPO Open DateJul 07, 2021
IPO Close DateJul 09, 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 Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum11714,229
Maximum132211,84,977

G R Infraprojects IPO Promoter Holding

Pre Issue Share Holding88.04%
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
Websitehttp://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.

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