| Issue Date | 07 Jul 2021 - 09 Jul 2021 |
| Issue Size | ₹963.28 Cr |
| Issue Price | ₹828-837 |
| Market Lot | 17 Shares |
| Shares on Offer | 11,508,704 |
| Registrar | KFintech |
| GMP | ₹380-390 |
| Kostak | ₹500-600 |
| Subject to Sauda | ₹4800 |
| Listing Date | 19 Jul 2021 |
| Listing Price | ₹1715.85 |
| Listing Gain% | 105 |
Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across 15 States in India and having recently diversified into projects in the railway sector. Their principal business operations are broadly divided into three categories: (i) civil construction activities, under which they provide EPC services; (ii) development of roads, highways on a BOT basis, including under annuity and HAM; and (iii) manufacturing activities, under which they process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.
Infraprojects was incorporated in December 1995 and they have gradually increased their execution capabilities in terms of the size of projects that they have bid for and executed. For example, one of the first road projects that they executed was for the Public Works Department, Rajasthan in 1997 with a Bid Project Cost of ₹ 26.50 million, whereas the project recently awarded by NHAI, i.e. Vadodara Mumbai Expressway project in the state of Maharashtra on HAM basis, to us in 2020 involves a Bid Project Cost of ₹ 27,470.00 million. Their individual Promoters have more than 25 years of experience in the construction industry. Prior to the incorporation of their Company, their individual Promoters were associated with M/s. Gumani Ram Agarwal, a partnership firm engaged in the construction business, which was acquired by their Company in 1996.
Vinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Agarwal, and Lokesh Builders Private Limited are the company promoters.
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 1,01,160.45 | 77,834.16 | 58,287.31 |
| Total Revenue (In ₹ Millions) | 79,069.43 | 64,237.05 | 53,255.30 |
| Profit After Tax (PAT) (In ₹ Millions) | 9,532.21 | 8,008.32 | 7,166.38 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 10 Jul 2021 | ₹380-390 | ₹500-600 | ₹4800 |
| 07 Jul 2021 | ₹415-425 | ₹600 | ₹5800 |
| 02 Jul 2021 | ₹290-300 | ₹400-450 | ₹2800-3000 |
| 01 Jul 2021 | ₹295-300 | ₹450 | ₹3200 |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 07 Jul 2021 | 0.49 | 2.68 | 3.25 | 2.28 |
| Day 2 - 08 Jul 2021 | 2.79 | 6.31 | 7.50 | 5.75 |
| Day 3 - 09 Jul 2021 | 168.58 | 238.04 | 12.57 | 102.58 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusG R Infraprojects Limited IPO will open on 07 Jul 2021 and close on 09 Jul 2021.
G R Infraprojects Limited IPO will list on 19 Jul 2021.
The offer price of G R Infraprojects Limited IPO is ₹828-837.
The lot size of G R Infraprojects Limited IPO is 17.
The Grey Market Premium (GMP) price of G R Infraprojects Limited IPO is ₹380-390.
The Kostak price of G R Infraprojects Limited IPO is ₹500-600.
The Subject to Sauda price for G R Infraprojects Limited IPO is ₹4800.
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