GR Infraprojects IPO (Initial Public Offering) will open for subscription on 07 July 2021 which is Wednesday. GR Infraprojects IPO will close for subscription on 09 July 2021 which is Friday. The GMP is showing a good trend which reached Rs 440 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.963.28 crore via IPO.
GR 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. The price band of the IPO is ₹828 to ₹837. The Clean Science and Technology IPO to list on NSE and BSE. Check out GR Infraprojects grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: GR Infraprojects IPO subscribed 102.58x times, QIB 168.58x, NII 238.04x and RII 12.57x times on day 3.
GR Infraprojects IPO Subscription Numbers(Day 3)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.0x | 2.79x | 168.58x |
| NII | 1.94x | 6.31x | 238.04x |
| RII | 2.09x | 7.50x | 12.57x |
| EMP | x | 0.75x | 1.37x |
| OTH | x | x | x |
| Total | 1.46x | 5.75x | 102.58x |
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 IPO Subscription FAQs:
When GR Infraprojects IPO Subscription will start?
The GR Infraprojects IPO subscription starts on 07 July 2021 for QIB, NII, and Retail Investors.
How much GR InfraprojectsIPO subscribed?
The Clean Science and Technology IPO subscribed 168.58x times on day 3.
What is GR Infraprojects IPO retail subscription status?
The GR Infraprojects retail subscription is 12.57x on day 1.
How to subscribe to GR Infraprojects IPO?
You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live GR Infraprojects IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.
