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: 21 Jul, 2021, 18:32 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.

36 Comments  |  
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Deal Cadet Deal Cadet

Anyone going with this ipo? Is that worthy??

Talk-Of-The-Town Talk-Of-The-Town
chetan989 wrote:

Anyone going with this ipo? Is that worthy??

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.

Deal Cadet Deal Cadet
Expand
AapKaKeju wrote:

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.

bro, have u got any shares alloted in ipo previously?? And is this true that applying for ipo zerodha has lesser chances of allotment?

Deal Cadet Deal Cadet
Expand
Surya_Baskar wrote:

bro, have u got any shares alloted in ipo previously?? And is this true that applying for ipo zerodha has lesser chances of allotment?

I have received 3 ipos from zerodha only.. It depends on luck bro..

Deal Lieutenant Deal Lieutenant
Expand
AapKaKeju wrote:

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.

How much is the pe coming up?
Edit: PE ratio is coming up 8.51. Correct na?

Deal Newbie Deal Newbie

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

Deal Newbie Deal Newbie
Dime1234567890 wrote:

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

Yeah

Commentator Commentator

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

Deal Cadet Deal Cadet
Dime1234567890 wrote:

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

How to know this bro??

Deal Newbie Deal Newbie

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

Deal's Advocate Deal's Advocate

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

Deal Subedar Deal Subedar

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

Analyst Analyst

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

Deal Captain Deal Captain
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adrishya wrote:

Don’t know. Aaya kya?

Vo date 3rd day hi rakte hai na
Har jaga yehi hai aagya allotment is out so ye confusion har ipo k time pe hota hai stuck_out_tongue

Critic Critic
Expand
MrKool_JJ wrote:

Link?
https://linkintime.co.in/MIPO/Ipoallotmen...ml
https://kosmic.kfintech.com/ipos...s/
Unable to view anything here hushed

It’s not there, I only found out via IDFC balance deduction msg & then checked status in IDFC bank app which is now showing result for both these IPOs. Got G R Infra but couldn’t get Clear science.

Deal Captain Deal Captain
Expand
guest_999 wrote:

It’s not there, I only found out via IDFC balance deduction msg & then checked status in IDFC bank app which is now showing result for both these IPOs. Got G R Infra but couldn’t get Clear science.

Wowww so it means it’s out but yet to be revealed to all grinning
Congrats smile

Critic Critic
Expand
MrKool_JJ wrote:

Wowww so it means it’s out but yet to be revealed to all grinning
Congrats smile

Thanks! This is the first IPO I got so let’s see.

Deal Captain Deal Captain
Expand
guest_999 wrote:

Thanks! This is the first IPO I got so let’s see.

Long way to go Sirji….
Keep minting money smile

Critic Critic
Expand
MrKool_JJ wrote:

Long way to go Sirji….
Keep minting money smile

Arey kahan bhai! apna toh loss he recover ho jaaye yes bank kaa wohi badi baat hogi. smile

Deal Captain Deal Captain
Expand
guest_999 wrote:

Arey kahan bhai! apna toh loss he recover ho jaaye yes bank kaa wohi badi baat hogi. smile

B +ve sab kuch hoga sunglasses

replyuser