G R Infraprojects Limited IPO

GR INFRA IPO

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.

G R Infraprojects Limited IPO Tentative Timetable

ParticularDate
IPO Open Date07 July 2021
IPO Close Date09 July 2021
Allotment Date14 July 2021
IPO Listing Date19 July 2021

G R Infraprojects Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 5 Per Equity Share
IPO PriceRs. 828 to Rs. 837 Per Equity Share
Market Lot17 Share
NSE Symbol
BSE Symbol
ISIN Code
Listing AtNSE, & BSE
Issue SizeApprox. Rs. 963 Crore.
DiscountRs. 42 Per Share for Employees

G R Infraprojects Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum117Rs. 14229
Maximum14238Rs. 199206

G R Infraprojects Limited IPO Allotment Status

Click Here To Check IPO Allotment Status G R Infraprojects Limited.

Click Here To Get ASBA Forms G R Infraprojects Limited.

Company Financials:

Particular31 March 202131 March 202031 March 2019
Total Assets101160.4577834.1658287.31
Total Revenue79069.4364237.0553255.30
Profit After Tax9532.218008.327166.38
For the year/period ended (₹ in million)

Company Promoters:

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

Objects of this Issue:

The net IPO proceeds will be used for the following purposes;

  • To achieve the share listing benefits on the BSE and NSE.
  • To make an offer for sale of up to 11,508,704 shares.

Registrar & Company Details

Company Contact InformationIPO Registrar
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/
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: sonacomstar.ipo@kfintech.com
Website: https://karisma.kfintech.com/

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