G R Infraprojects is coming out with an IPO on July 07, 2021 with and issue price band Rs.827 to Rs.838 per equity share. The company 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.
Company Financials:
| Particulars | For the year/period ended (₹ in million) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 1,01,160.45 | 77,834.16 | 58,287.31 | ||
| Total Revenue | 79,069.43 | 64,237.05 | 53,255.30 | ||
| Profit After Tax | 9,532.21 | 8,008.32 | 7,166.38 | ||
G R Infraprojects IPO Important Details
| IPO Opening Date | Jul 7, 2021 |
| IPO Closing Date | Jul 9, 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 Shares |
| Listing At | BSE, NSE |
G R Infraprojects IPO Important dates
| IPO Open Date | Jul 7, 2021 |
| IPO Close Date | Jul 9, 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 |
