Apply for IPO of G R Infraprojects Limited IPO.(G R Infraprojects IPO )

IPO Updates 05 July 2021 6:38:PM

G-R-INFRA-PROJECT-IPO G-R-INFRA-PROJECT-IPO

IPO of G R Infra project Gujarat-based construction & engineering firm will open for subscription on July 7th, 2021 and it will continue till July 9th, 2021. The issue type of the G R infra project is book-built type. the size of the issue is 11,508,704 Eq Shares of ?5 (aggregating up to ?963.28 Cr). The type of G R infra project IPO is ?828 to ?837 per equity share. 

Through the offer for sale (OFS) approach, the business targets a market valuation of Rs 8,093 crore, second only to Dilip Buildcon among peers. This means that the company will not receive any funds from the offer; instead, the selling shareholders will receive all proceeds from the share sale. Vinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Kumar Agarwal, and Lokesh Builders Private Limited own 45,339,840 equity shares, or 46.89 percent of the company's pre-offer issued, subscribed, and paid-up equity share capital.

GRIL is an integrated road engineering, procurement, and construction (EPC) firm with experience in the design and execution of numerous road and highway projects in 15 Indian states, as well as recent diversification into railway projects. 

How and where to apply for G R Infra Project IPO:-

With the GEPL IPO portal, you can easily apply for IPO within a few minutes. Click here to apply G R Infraprojects as well as other IPOs. Click here to know more details about the upcoming IPOs in 2021. 

IPO Details of G R Infra project:-

IPO Opening Date

Jul 7, 2021

IPO Closing Date

Jul 9, 2021

Issue Type

Book Built Issue IPO

Face Value

Rs.5 per equity share

IPO Price

Rs.828 to Rs.837 per equity share

Market Lot

17 Shares

Min Order Quantity

17 Shares

Listing At

BSE, NSE

Stay Tuned for valuation and recommendations. To explore more investment opportunities Click here

Popular Blogs

Short-term-image

Best stocks that gives upto 22% ROI on your short term investment.

Are you wandering here and there to find out what are the best stocks to buy in India for the short-term 2021? well, we got your back for that. With ...

Read More
Peak-Margin-Updates

Peak margin updates: phase 3 and its affect of investors.

With reference to the SEBI circular dated 20th July 2020, Peak Margin has been introduced in the Equity, Commodity & Currency segment from 1st December 2020.  W.e.f  1st June 2021, there ...

Read More
Tata_Perpetual_Bond_Investment

Tata Perpetual Bond, a fixed income opportunity?

The private placement of Tata Motors comes with a coupon of 9.10 percent. The private placement of Tata Motors Finance Ltd (TMFL) comes with a coupon of 9.10 percent. The private placement of ...

Read More
Wildcard SSL