G R Infraprojects IPO will be open from 7 July 2021 and close on 9 July 2021. G R Infraprojects IPO GMP Kostak rate and Subject to Sauda updated as of Today. G R Infraprojects IPO Grey Market Premium has been Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
The company wants to raise funds of ₹800 crores through this IPO Offer for sale this IPO through ₹1.15 crore equity shares of the face value of ₹5 These shares will be issued by the promoters and existing investors of the company. The company will not issue any fresh shares for this public issue.
G R Infraprojects IPO Issue size of ₹963.27 Crores, in which Fresh Issue of ₹0 Crores and Offer For Sale of ₹963.27 Crores and issue price band has been fixed at ₹828 – ₹837 Per Share. The G R Infraprojects IPO to be listed Soon on NSE and BSE.
What is G R Infraprojects IPO GMP Today?
■ The G R Infraprojects IPO GMP Today Or Grey Market Premium is ₹530-₹540.
What is G R Infraprojects IPO Kostak Rates Today?
■ The G R Infraprojects IPO Kostak rate is ₹500.
What is G R Infraprojects IPO Subject to Sauda Price Today?
■ The G R Infraprojects IPO Subject to Sauda rates is ₹5500.
G R Infraprojects IPO Approximately Returns?
■ The G R Infraprojects IPO’s approximate return is 45%-50%. And it can also change according to the Market Sentiment.
G R Infraprojects IPO GMP, Kostak,& Subject to Sauda :
|19 July 2021||List – ₹1715.85||₹500||₹5500|
|18 July 2021||₹530-₹540||₹500||₹5500|
|17 July 2021||₹530-₹540||₹500||₹5500|
|16 July 2021||₹520-₹530||₹500||₹5500|
|15 July 2021||₹540-₹550||₹600||₹5500|
|14 July 2021||₹490-₹500||₹600||₹5500|
|13 July 2021||₹455-₹465||₹600||₹5000|
|12 July 2021||₹450-₹460||₹700||₹5500|
|11 July 2021||₹450-₹460||₹700||₹5500|
|10 July 2021||₹430-₹440||₹600||₹5000|
|9 July 2021||₹400-₹410||₹600||₹5000|
|8 July 2021||₹420-₹430||₹550||₹5000|
|7 July 2021||₹400-₹410||₹500||₹5000|
|6 July 2021||₹420-₹430||₹500||₹5000|
|5 July 2021||₹420-₹430||₹500||₹5000|
|4 July 2021||₹340-₹350||₹500||₹4000|
|3 July 2021||₹340-₹350||₹500||₹4000|
|2 July 2021||₹300-₹310||₹400||₹3000|
|1 July 2021||₹280-₹290||₹400||₹3000|
|30 June 2021||₹240-₹250||₹300||₹2000|
G R Infraprojects IPO Shares Offer :
A total of 11,508,704 shares are to be bid for the public issue by G R Infraprojects IPO with – for Fresh issue and offer for sale 11,508,704 Shares.
|Fresh issue :||–||₹0|
|Offer For Sale :||11,508,704||₹963.27|
G R Infraprojects IPO Reservation :
G R Infraprojects IPO Total Reservation of 11,508,704 shares are to be bid for the public issue by G R Infraprojects IPO with 5641852 for QIB and 1692556 for NII 3949296 For RII & 225000 Shares EMP.
|QIB :||50%||5641852||₹472.22 Cr|
|NII :||15%||1692556||₹141.66 Cr|
|RII :||35%||3949296||₹330.55 Cr|
|EMP :||– %||225000||₹18.83 Cr|
G R Infraprojects IPO Date & Price Band & Details :
|IPO Open :||07 July 2021|
|IPO Close :||09 July 2021|
|IPO Size :||₹963.27. Cr|
|Face Value :||₹5 Rs. Equity Share|
|Price Band :||₹828 – ₹837 Per Share|
|Listing On :||BSE, NSE|
|Issue Size :||₹963.27. Cr|
|Fresh Issue :||₹. Cr|
|Offer For Sale :||₹963.27. Cr|
G R Infraprojects IPO Market Lot :
G R Infraprojects IPO Minimum Market lot is 1 Lot with 17 shares with ₹14,229 Application amount. The retail investors can apply up to 14 lots with 238 Shares or ₹199,206 amounts.
|Minimum Lot Size :||1 Lot|
|Minimum Share :||17|
|Minimum Amount :||₹14,229|
|Maximum Lot Size :||14|
|Maximum shares :||238|
|Maximum Amount :||₹199,206|
G R Infraprojects IPO Dates :
G R Infraprojects IPO Date is 7 July 2021 and the close date is 9 July 2021. The allotment will be finalized on 14 July 2021 and the IPO may list on 19 July 2021.
|Open Date :||7 July 2021|
|Close Date :||9 July 2021|
|Allotment Date :||14 July 2021|
|Refund Date :||15 July 2021|
|Share Credit Date :||16 July 2021|
|Listing Date :||19 July 2021|
G R Infraprojects Company Financial Report (Cr) :
About G R Infraprojects Company
Our Company was incorporated as ‘G. R. Agarwal Builders and Developers Limited’ on December 22, 1995, under the Companies Act, 1956 as a public limited company. The certificate of commencement of business was issued by the RoC Rajasthan on January 3, 1996, and our Company subsequently acquired the business of M/s Gumani Ram Agarwal, a partnership firm, in the same year. The name of our Company was changed to ‘G R Infraprojects Limited’ vide a resolution passed by our Shareholders on August 24, 2007, as our management believed that the activities being undertaken by our Company were reflected in broader terms from the new name. A fresh certificate of incorporation pursuant to a change of name was issued by the RoC Rajasthan on August 31, 2007.
We are an integrated road engineering, procurement, and construction (“EPC”) company with experience in the design and construction of various road/highway projects across 15 states in India and have recently diversified into projects in the railway sector. Our principal business operations are broadly divided into three categories: (i) civil construction activities, under which we provide EPC services; (ii) development of roads, highways on a Build Operate Transfer (“BOT”) basis, including under annuity and Hybrid Annuity Model (“HAM”); and (iii) manufacturing activities, under which we process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.
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Our Company was incorporated in December 1995 and we have gradually increased our execution capabilities in terms of the size of projects that we have bid for and executed. For example, one of the first road projects that we 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.
Our individual Promoters have more than 25 years of experience in the construction industry. Prior to the incorporation of our Company, our individual Promoters were associated with M/s. Gumani Ram Agarwal, a partnership firm engaged in the construction business, was acquired by our Company in 1996. We have over the years developed an established road EPC business and have gradually added facilities to support and supplement our road construction business.
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As part of our in-house integrated model, we have developed in-house resources with key competencies to deliver a project from conceptualization to completion that includes our design and engineering team, three manufacturing units at Udaipur, Rajasthan, Guwahati, Assam, and Sandila, Uttar Pradesh for processing bitumen, thermoplastic road-marking paint and road signage and a fabrication and galvanization unit at Ahmedabad, Gujarat for manufacturing metal crash barriers and electric poles. In addition, as of December 31, 2020.
G R Infraprojects IPO GMP FAQs :
How much is G R Infraprojects IPO GMP Today?
G R Infraprojects IPO GMP Today is ₹530-₹540.
How much is G R Infraprojects IPO Grey Market Premium?
G R Infraprojects IPO is Grey Market Premium ₹530-₹540.
What is G R Infraprojects IPO Kostak Rate?
G R Infraprojects IPO Kostak Rate is ₹500.
What is G R Infraprojects IPO Subject to Sauda?
G R Infraprojects IPO Subject to Deals is ₹5500.
What is G R Infraprojects IPO Approx Returns?
G R Infraprojects IPO approx Returns is 45%-50%. And it can also change according to the Market Sentiment.
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