G R Infraprojects IPO Opens Today : GMP, Share Price, Dates, and more

The company plans to raise Rs 963 crores via this initial public offering. Now, let's get to know its GMP Today, Share Price, Dates, Company Profile, Financials, and more.

by FighterMan Updated: 27 Mar, 2022, 00:52 IST
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The upcoming IPO of July 2021 is here. It is the G R Infraprojects Limited IPO. This IPO has no fresh issue so will be having only offer-for-sale. There are 1.15 crore shares up for grabs out of which 2.25 lakh shares are reserved for company employees at a discount of Rs 42 per share. The company plans to raise Rs 963 crores via this initial public offering. Now, let's get to know its GMP Today, Share Price, Dates, Company Profile, Financials, and more.

G R Infraprojects Limited Company Profile : Upcoming IPO 2021

G R Infraprojects Limited is an integrated road EPC company. It is into the design and construction of various road and highway projects. It operates across 14 states in India. Moreover, it has 1 operational road project on a Build Operate Transfer (BOT) basis and 7 road projects under the Hybrid Annuity Model (HAM). Besides, it has done around 100 road projects as of April’21. It’s Upcoming IPO 2021 is highly anticipated.

Related Read - India Pesticides Limited IPO : GMP Today, Share Price, Dates, Subscribe or Not?

In a nutshell, this company does the following work:

  • Civil Construction.
  • Development of Roads and Highways.
  • Manufacturing bitumen, thermoplastic road-marking paint, metal crash barriers, and road signage.
G R Infraprojects Limited Company Financials

The financials of G R Infraprojects Limited are as shown in the table below. Make a note that the values here are rounded off.

FY 2018/19

FY 2019/20

FY 2020/21

Assets Value

Rs 5800 cr

Rs 7700 cr

Rs 10000 cr

Revenue

Rs 5300 cr

Rs 6400 cr

Rs 7900 cr

Profit (after tax)

Rs 700 cr

Rs 800 cr

Rs 950 cr

As you can see, the company has had a stable growth in terms of assets, revenue, and profit so the financials are strong.

GR Infra IPO Important Dates : Upcoming IPO July 2021

The GR Infra IPO will be available for subscription for 3 days as it is the Upcoming IPO July 2021. Check out all the important dates below.

GR Infra IPO Important Dates of July 2021

Opening

7th

Closing

9th

Allotment Notification

14th

Refunds

15th

Shares Allotment

16th

Listing at BSE and NSE

19th

G R Infraprojects Limited IPO Share Price

The share price of G R Infraprojects Limited IPO is fixed at Rs 828-837 per equity share. Its face value is Rs 5 per equity share which makes its issue size Rs 963 crores. Therefore, the offer-for-sale is also Rs 963 crores.

G R Infraprojects Limited IPO GMP Today

Check the G R Infraprojects Limited IPO GMP Today below. This grey market premium is as of

7th July 2021, 8:47 am. Stay tuned for regular updates.

G R Infra IPO GMP Today (7th July 2021, 8:47 am) Rs 430
G R Infra IPO GMP Today (2nd July 2021, 9:46 am) Rs 310

GMP on 1st July 2021, 11:53 am

Rs 290-300

Application Rate

Rs 400

Subject to Rate

Rs 3000

G R Infra IPO Lot Size & Investment Amount

The lot size of G R Infra IPO is 17 shares so you need to make a minimum investment of Rs 14,229 to become a shareholder in this company. You can bid for shares in multiples of 17 upto 14 lots i.e. 238 shares. Thus, you can invest a maximum of Rs 1,99,206.

GR Infra Limited IPO Subscribe or Not?

GR Infraprojects Ltd IPO’s grey market premium, financials, and company profile are strong. Moreover, it is an entire offer-for-sale issue. Therefore, if its anchor investors are good then this IPO can give you great long-term returns. Taking its current status into consideration, we would recommend subscribing to this IPO for listing gains.

What are your thoughts on GR Infra Limited IPO? Do share with us in the comments below.

Disclaimer : We are not SEBI registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestion. Consult your financial advisor before making any decision.

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Deal Cadet Deal Cadet
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Anyone going with this ipo? Is that worthy??

Talk-Of-The-Town Talk-Of-The-Town
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Just looking at their financial provided here, they are mind blowing.
But other factors to consider is PE, at what PE they are listing.
I’m yet to consider other points too.

Will surely let you know in coming days.

NOTE – I only apply in an IPO for Listing gains only.

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Deal Newbie Deal Newbie
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Listing Gain Ke liye Apply kar sakte ho Grey Market Premium Rs. 310 Chal raha hai .. sunglasses

Commentator Commentator
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Yeah

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Commentator Commentator
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I am going to invest in gr infra and clean science tech

Deal Newbie Deal Newbie
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Open a trading account completely online with Zerodha today by clicking on the link below and apply for the upcoming IPOs.
https://zerodha.com/open-account?c...83
Contact me for any investment related services

Deal Newbie Deal Newbie
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I just want to know if investing in this is worth it or not.

Deal Lieutenant Deal Lieutenant
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Gonna buy @ pre market if not alloted and sqoff within a min… wink

Deal Lieutenant Deal Lieutenant
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someone contact employees of this company and apply thru them
chances of allotment are very high since not fully subscribed laughing

Deal Legend Deal Legend
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Don’t know. Aaya kya?

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Analyst Analyst
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Sorry bro I no longer track stock market devoting all my time in new businesses

Critic Critic
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Allotment results out.
@Mrkool_JJ

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Commentator Commentator
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Bhaiyo ipo allotment ka result aaya ki nahi?

Commentator Commentator
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@malikcool plz share clean science ipo allotment link

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Deal Captain Deal Captain
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1st Time Got IPO Which Doubled on Listing
CMP 1692
Issue Price 837

Deal Newbie Deal Newbie
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Thanks for sharing the detailed information about GR Infraprojects IPO that too at one place.

replyuser
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