G R Infraprojects Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹575(68.70%)
Premium (ELP)
G R Infraprojects Limited's achieved publicly listed status following its IPO debut on Jul 19, 2021 at the NSE, BSE platform. The offering successfully mobilized 1,15,08,704 Shares, with TBD allocated to corporate growth initiatives and ₹963.28 Cr providing liquidity to existing shareholders.
Investment participation occurred within the established price band of ₹828 to ₹837, starting from minimum lots of 17 shares. The subscription window from Jul 07, 2021 through Jul 09, 2021 enabled investor participation across market segments.
Share allocation was completed on Jul 14, 2021, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
G R Infraprojects is an integrated road engineering, procurement, and construction company specializing in designing and executing road and highway projects under EPC and BOT (Build-Operate-Transfer) models. The company has also diversified into manufacturing thermoplastic road-making paints, electric poles, road signages, and metal crash barriers. As of April 2021, G R Infraprojects has successfully completed over 100 road construction projects and has four BOT projects under construction. The company operates three manufacturing facilities located in Udaipur (Rajasthan), Guwahati (Assam), and Sandila (Uttar Pradesh), along with a fabrication and galvanization unit in Ahmedabad, Gujarat.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Road Project Expertise: Skilled in highways, culverts, flyovers, airport runways, tunnels, and more.
- Strong Execution: Proven capabilities in project delivery.
- Consistent Financials: Demonstrates a robust financial performance track record.
- Experienced Leadership: Promoters supported by a capable management team.
NA
- Vinod Kumar Agarwal
- Ajendra Kumar Agarwal
- Purshottam Agarwal
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G R Infraprojects Limited
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