GR Infraprojects IPO Date,GMP, Review, Price, Form & Market Lot Details

GR Infraprojects IPO is going to hit the market on 07 July 2021 and closes on 09 July 2021. The company to raise ₹963.28 crores via initial public offer (Offer for sale only).


GR Infraprojects IPO is going to hit the market on 07 July 2021 and closes on 09 July 2021. GR Infraprojects IPO open on Wednesday fixed a price band of Rs.827-837 a share for its Rs 963.28 crore IPO. The face value of equity shares is ₹5. The company filed DRHP on 13 April 2021, got SEBI’s go ahead to float the IPO. The offer for sale comprises of 11,42,400 Eq. shares Lokesh Builders Pvt. Ltd, 127,000 equity. Shares Jasamrit Premises, 80,000 Eq Shares Jasamrit Fashions Pvt Ltd, 56,000 Eq. Shares Jasamrit Creations Pvt. Ltd, 44,000 Eq. Shares Jasamrit Construction Pvt. Ltd. The company was incorporated in 1995. They are integrated road EPC company with experience in design and construction of various road/highway projects across 15 States in India. They are also diversified their business in railway sector as well. They provide EPC services; (ii) development of roads, highways on a BOT basis, including under annuity and HAM; and (iii) manufacturing activities, under which we process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers. Check out GR Infraprojects IPO details.

    GR Infraprojects IPO Detail

    GR Infraprojects IPO Review

    • Apply with Listing Gain & Long Term Gain

    GR Infraprojects IPO Brokerage Firm Reviews

    • ICICI Securities: Adding Soon
    • Motilal Oswal: Adding Soon
    • Capital Market: Adding Soon
    • Ventura Securities Limited: Adding Soon
    • KR Choksey: Adding Soon
    • GEPL Capital Ltd: Adding Soon

    GR Infraprojects IPO Date & Price Band:

    IPO Opening Date Jul 07, 2021
    IPO Closing Date Jul 09, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹5 per equity share
    IPO Price ₹828 to ₹837 per equity share
    Market Lot 17 Shares
    Min Order Quantity 17 Share
    Listing At BSE, NSE
    Issue Size 1,15,08,704 Eq Shares of ₹5
    (aggregating up to ₹963.28 Cr)
    Offer for Sale 1,15,08,704 Eq Shares of ₹5
    (aggregating up to ₹963.28 Cr)

    GR Infraprojects IPO Tentative Timetable

    The GR Infraprojects IPO open date is 07 Jul 2021 , and the close date is 09 Jul 2021. The issue may list on . 
    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

    GR Infraprojects IPO Market Lot:

    The GR Infraprojects IPO minimum market lot is 17 shares with ₹14,229 application amount. The retail investors can apply up-to 14 lots with 238 shares or ₹1,99,206 amount.

    Minimum Lot Size: Minimum 17 Shares
    Minimum Amount: ₹14,229
    Maximum Lot Size: Maximum 238 Shares
    Maximum Amount: ₹199,206

    GR Infraprojects Company Financial:

    Particulars For the year/period ended (₹ in million)
    31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
    Total Assets 1,01,160.45 77,834.16 58,287.31 344.76
    Total Revenue 79,069.43 64,237.05 53,255.30 1,023.76
    Profit After Tax 9,532.21 8,008.32 7,166.38 10.99
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    GR Infraprojects IPO Form:

    How to apply the GR Infraprojects IPO? You can apply GR Infraprojects IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GR Infraprojects IPO in the Invest section. The other option you can apply GR Infraprojects IPO via IPO forms download via NSE and BSE. Check out the GR Infraprojects IPO forms – click NSE Forms & BSE Forms blank  IPO forms download, fill and submit in your bank or with your broker.

    About GR Infraprojects

    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.

    Important Details:

    CRISIL upgraded long term rating to AA/Stable from AA-/Positive. They reaffirmed short term rating as A+ as on 20 October 2020. Till April 2021 company completed 100+ road construction projects. They have 3 manufacturing facilities in Udaipur, Guwahati and Sandila (UP). They also have fabricating and galvanization unit at Ahmedabad, Gujarat. Peer group listed companies are PNC Infra, H.G Infra, KNR Construction, Dilip Buildcon, Ashoka Buildcon. The company offered ₹42 discount for employees quota.

    GR Infraprojects IPO Prospectus

    • GR Infraprojects DRHP
    • GR Infraprojects RHP
       

    GR Infraprojects Company Promoters:

    • Vinod Kumar Agarwal
    • Ajendra Kumar Agarwal
    • Purshottam Agarwal
    • Lokesh Builders Private Limited

    GR Infraprojects IPO Registrar:

    KFin Technologies Private Limited
    Selenium Tower-B, Plot 31 and 32,
    Gachibowli, Financial District,
    Nanakramguda, Serilingampally,
    Hyderabad – 500 032
    Telangana, India
    Telephone: +91 40 6716 2222
    E-mail: gril.ipo@kfintech.com
    Website: www.kfintech.com
    Investor grievance e-mail: einward.ris@kfintech.com
    Contact person: M Murali Krishna
    SEBI registration number: INR000000221

    GR Infraprojects IPO Lead Managers: 

    • HDFC Bank Ltd
    • ICICI Securities Ltd
    • Kotak Mahindra Capital Company Ltd
    • Motilal Oswal Investment Advisors Ltd
    • SBI Capital Markets Ltd
    • Equirus Capital Pvt. Ltd

    GR Infraprojects Company Address: 

    GR Infraprojects Limited
    Registered Office:
    Revenue Block No. 223,
    Old Survey No. 384 / 1, 384 / 2,
    Paiki and 384 / 3,
    Khata No. 464, Kochariya, Ahmedabad,
    Gujarat – 382 220, India
    Corporate Office:
    Novus Tower, Second Floor,
    Plot No. 18, Sector 18, Gurugram
    Haryana –122015, India
    Contact Person: Sudhir Mutha
    Company Secretary and Compliance Officer
    Telephone: + 91294 248 7370
    E-mail:cs@grinfra.com Website: www.grinfra.com

    GR Infraprojects IPO FAQs

    What is GR Infraprojects IPO?

    GR Infraprojects IPO is a main-board IPO. They are going to raise ₹963.28 Crores via IPO. The issue is priced at ₹827 to ₹837 per equity share. The IPO to be listed on BSE & NSE.


    When GR Infraprojects IPO will open?

    The GR Infraprojects IPO is to open on 07 July 2021 for QIB, NII, and Retail Investors.


    What is GR Infraprojects IPO Investors Portion?

    The investors’ portion for GR Infraprojects ipo is QIB 50%NII 15%, and Retail 35%.


    How to Apply the GR Infraprojects IPO?

    You can apply GR Infraprojects IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.


    How to Apply the GR Infraprojects IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “GR Infraprojects”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.


    What is GR Infraprojects IPO Size?

    GR Infraprojects IPO size is ₹800 crores (Approx).

    What is GR Infraprojects IPO Price Band?

    GR Infraprojects IPO Price Band is ₹828 to ₹837.

    What is GR Infraprojects IPO Minimum and Maximum Lot Size?

    The minimum bid is 17 Shares with ₹14,229 amount while maximum bid is 238 shares with ₹199,206.

    What is GR Infraprojects IPO Allotment Date?

    GR Infraprojects IPO allotment date is 14 July 2021.

    What is GR Infraprojects IPO Listing Date?

    GR Infraprojects IPO listing date is 19 July 2021. The IPO to list on BSE and NSE. 

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