GR Infra projects is a coordinated street designing, acquirement and development (EPC) organization with experience in plan and development of different street/interstate tasks across 15 States in India and having as of late enhanced into projects in the railroad area. Its main business tasks are extensively partitioned into three classifications: (I) common development exercises, under which it gives EPC administrations; (ii) improvement of streets, expressways on a Build Operate Transfer (BOT) premise, including under annuity and Hybrid Annuity Model (HAM); and (iii) producing exercises, under which it measures bitumen, make thermoplastic street checking paint, electric posts and street signage and create and excite metal accident boundaries.
The organization’s key business of common development involves EPC and BOT projects in the street area. It has, since 2006, executed more than 100 street development projects. As of the date of this Draft Red Herring Prospectus, it has one functional street project which has been built and created on a BOT (annuity) premise and 14 street projects which have been granted under the HAM, out of which five activities are at present functional, four undertakings are under development and development is yet to initiate on five of these tasks. The organization additionally has insight in developing state and public expressways, spans, ducts, flyovers, air terminal.
Subscription Dates | 7 – 9 July 2021 |
Price Band | INR828 – 837 per share (employee discount – INR42 per share) |
Fresh issue | Nil |
Offer For Sale | 11,508,704 shares (INR952.92 – 963.28 crore) |
Total IPO size | 11,508,704 shares (INR952.92 – 963.28 crore) |
Minimum bid (lot size) | 17 shares |
Face Value | INR5 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2018* | FY2019 | FY2020 | FY2021 | |
Revenue | 3,335.6 | 5,325.3 | 6,423.7 | 7,906.9 |
Expenses | 2,824.9 | 4,317.8 | 5,269.6 | 6,582.3 |
Net income | 417.7 | 715.1 | 797.5 | 953.6 |
Margin (%) | 12.5 | 13.4 | 12.4 | 13.6 |
Earnings Per Share (EPS): INR98.31
Price/Earnings (PE ratio): 8.42 – 8.51
Return on Net Worth (RONW): 23.95%
Net Asset Value (NAV): INR411.63 per share
Date | GR Infra IPO GMP | Kostak | Subject to Sauda |
17 July 2021 | INR520 | – | – |
16 July 2021 | INR520 | – | – |
15 July 2021 | INR500 | – | – |
14 July 2021 | INR470 | INR570 | – |
13 July 2021 | INR450 | INR520 | – |
12 July 2021 | INR440 | INR570 | INR5,000 |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
G R Infraprojects Limited | Jul 19, 2021 | 837 | 1746.8 | 108.7 |
NSE : GRINFRA
BSE : 543317
ISIN CODE : INE201P01022
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IPO Opening Date: 7 July 2021
IPO Closing Date: 9 July 2021
Finalisation of Basis of Allotment: 14 July 2021
Initiation of refunds: 15 July 2021
Transfer of shares to demat accounts: 16 July 2021
Listing Date: 19 July 2021
Opening Price on NSE: INR1,715.85 per share (up 105% from IPO price)
Closing Price on NSE: INR1,747.10 per share (up 108.73% from IPO price)
G R Infraprojects Limited
Novus Tower, Second Floor
Plot No. 18, Sector 18
Gurugram, Haryana – 122 015
Phone: +91 294 248 7370
Email: cs@grinfra.com
Website: www.grinfra.com
KFin Technologies Private Limited Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 22,56,741 | 0.49 | 2.78 | 168.58 |
NII | 16,92,556 | 2.68 | 6.31 | 238.04 |
Retail | 39,49,297 | 3.24 | 7.49 | 12.57 |
Employee | 2,25,000 | 0.25 | 0.75 | 1.36 |
Total | 81,23,594 | 2.28 | 5.75 | 102.57 |
G R Infraprojects IPO is a main-board IPO of 11,508,704 equity shares of the face value of ₹5 aggregating up to ₹963.28 Crores. The issue is priced at ₹828 to ₹837 per equity share. The minimum order quantity is 17 Shares.The initial public offering (IPO) begins on Jul 7, 2021, and ends on Jul 9, 2021..The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The G R Infraprojects IPO opens on Jul 7, 2021 and closes on Jul 9, 2021.
G R Infraprojects IPO lot size is 17 Shares and the minimum order quantity is 17 Shares.
G R Infraprojects IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for G R Infraprojects IPO will be done on Jul 14, 2021, and the allotted shares will be credited to your demat account by Jul 16, 2021. Check the G R Infraprojects IPO allotment status.
The G R Infraprojects IPO listing date is on Monday, July 19, 2021.
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