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.
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 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 |
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