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 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

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.

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