G R Infraprojects Limited IPO Details, Date, GMP, Review

G R Infraprojects is established in 1995 by Vinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Agarwal, and Lokesh Builders Private Limited are the promoters of the company. .

G R Infraprojects Limited (GRIL) is an integrated Road engineering, Procurement and Construction (EPC) company proficient in designing and constructing various road/highway projects, across 15 states in India. It has recently diversified into railway projects.

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The company’s individual promoters have more than 25 years of experience in construction industry with an exceptional track record of timely executing projects. Prior to the incorporation, individual promoters were associated with M/s.Gumani Ram Agarwal, a partnership firm engaged in construction business, later acquired by GRIL in FY1996.

Updates :- G R Infraprojects IPO GMP / Grey market premium

The company’s primary business operations are broadly divided into three categories: 1) civil construction activities, which include EPC services; 2) development of roads and highways on a BOT & HAM basis, including O&M during concession period; and 3) manufacturing activities, under which they process bitumen, manufacture thermoplastic road-marking paint, electric poles, road signage and fabricate and galvanize metal crash barriers, for captive use in their own projects as well as for sale to third parties.

Competitive Advantages

  • Experienced promoters with a strong track record of project execution.
  • Strong Infra-push specially emphasizing on roads sector.
  • Rising order inflows led to healthy & geographically diversified OB:
  • Monetization of assets to further improve BS position:.
  • Key Risk

  • Change in Government policies on roads would largely impact future prospects
  • Rising competition in roads sector could impact order inflows and margins going ahead
  • High working capital requirements
  • Delays in collection from clients
  • G R Infraprojects Ltd IPO details
    Subscription Dates 7-9 July 2021
    Price Band 828 – 837 Rs Per Share
    Offer For Sale 11,508,704 Equity Shares
    Total IPO size 11,508,704 Equity Shares
    Minimum bid (lot size) 17 Rs Share
    Face Value 5 Rs share
    Retail Allocation 35%
    Listing On NSE, BSE
    G R Infraprojects Ltd Market Lot
    Lot No of Shares Amount
    Minimum 1 17 Shares 14229 Rs
    Maximum 14 196 Shares 199206 Rs
    Shareholding Pattern
    % Pre-Issue Post-Issue
    Promoters 88.0% 12.0%
    Public & Others 86.5% 13.5%

    Financial Record of the last year (In Million)

    Financial Period : 31-Mar-21
    Total Assets : 1,01,160.45
    Total Revenue : 79,069.43
    Profit After Tax : 9,532.21
    Earnings Per Share (EPS) FY2021: 98.6 Rs

    Registrar of G R Infraprojects Ltd IPO

    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: [email protected]
    Website: www.kfintech.com

    >G R Infraprojects Ltd Contact Details

    G R Infraprojects Limited
    Revenue Block No. 223, Old Survey No.384 /1, 384/2
    Paiki and 384 / 3, Khata No. 464, Kochariya,
    Ahmedabad, Gujarat – 382220
    Phone: +91 294 248 7370
    Email: [email protected]
    Website: http://www.grinfra.com/

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