GR Infraprojects Ltd. IPO

GR Infraprojects Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹837

Issue Price

Listing Price

₹1,700

Listing Price

Listing Gains

+₹863.00 (+103.11%)

Listing Gains

IPO Details

Bidding Dates

07 Jul - 09 Jul '21

Bidding Dates

Min. Investment

₹14,076

Min. Investment

Lot Size

17.00

Lot Size

Price Range

₹828 - ₹837

Price Range

Issue Size

953 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
    12.57x
  • Non-Institutional Investor
    238.04x
  • Qualified Institutional Buyers
    168.58x
  • Employees
    1.37x


About Company

Those curious about all that GR Infraprojects LTD entails are reading the right article. Serving as a road engineering, construction and procurement company, GR Infra’s expertise lies in the realm of design and construction. It has ample experience in road and highway projects. Civil construction projects are primarily carried out via the Engineering Procurement and Construction (EPC) model and Build Operate Transfer (BOT) model. In order to diversify its offerings, GR Infra also now partakes in manufacturing activities.

GR Infraprojects Ltd. IPO Latest News and Subscription Status Today (Live)

Fast facts pertaining to the GR Infraprojects IPO are as follows.

The GR Infra IPO listing dates were July 7 – July 9, 2021. The allotment date was July 14, 2021, and refunds began to be initiated on July 15.

The market lot size amounted to 17 shares. Retail individual investors were entitled to apply for up to 14 lots. (This means they could hold 238 shares at most worth INR 199,206).

As of July 9, 2021, The GR Infraprojects LTD IPO was subscribed 102.58 times.

In the retail individual category, the public issue saw a 12.57 subscription while the qualified institutional buyer category saw a 168.58 subscription.

The non-institutional investor category was subscribed 238.04 times.

The employee category was subscribed to 1.37 times.


Why should you invest in GR Infraprojects Ltd. IPO?

The GR Infraprojects LTD IPO is worth investing in owing to the fact that the company has earned itself a good reputation for being able to complete the projects it sets out to do on time. Moreover, its financial performance thus far has been strong, and its credit rating is good. Each of these factors indicates its potential for further growth, which would be possible with the funds amassed via their IPO.


GR Infraprojects Ltd. IPO - SWOT Analysis

Strengths:

GR Infraprojects LTD has a number of strengths which include an integrated in-house model that is able to deliver projects from their conceptualized stage right up to completion.

They have over 2 decades worth of experience in carrying out projects under the EPC model within the road sector.

Their strength is further compounded by a good credit rating and commendable financial performance.

Weaknesses:

Weaknesses faced by the company include the following.

There exist a number of long-term loans the GR Infra is often lumped with owing to the vastly capital extensive projects they engage in.

There presently exist outstanding legal proceedings that pertain to the company and its subsidiaries. The directors and promoters of the company are also involved in the same.

Opportunities:

Owing to the fact that the company has over two decades worth of experience, it is likely to be viewed favourably by clients. Its manufacturing initiative also holds great potential.

Threats:

Threats faced by GR Infra include the fact that projects are often handed out via a bidding process which may not always favour the company.

Equally threatening is the fact that projects can be terminated out of the blue for any number of reasons.

The rising costs of construction equipment, fuel, labour and general material needed on site can make the projects enlisted by GR Infra very expensive.



How to apply for GR Infraprojects Ltd. IPO?

You can apply for the GR Infraprojects Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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GR Infraprojects Ltd. IPO FAQs

What manufacturing activities are GR Infra involved in?

GR Infra is involved in manufacturing electric poles, fabricating metal crash barricades, road signs and thermoplastic road paints.

What do EPC and BOT stand for with reference to styles of construction models?

EPC refers to the engineering procurement and construction model, while BOT refers to a build, operate and transfer model.

What was the market lot size of the GR Infra IPO?

The market lot size amounted to 17 shares, with retail individual investors entitled to subscribe to up to 14 lots, thereby making their maximum holdings amount to 238 shares at most worth INR 199,206.

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