IPO G R INFRAPROJECTS LTD.

 

IPOs to be issued in the month of JULY, 2021 -

G.R. Infraprojects :

IMPORTANT DATA:

IPO issue opens on	07.07.2021
Closes on	09.07.2021
Listing in	BSE and NSE
Issue Size	Rs. 952.92 Crores and 963.28
Issue Price	Rs. 828/- – Rs. 837/-
Application/Share	Rs. 837/-
Minimum Bid Qnty. (Min. Lot size)	17 Equity Shares of One Lot
Minimum amount required to apply	14229/-
Maximum Bid Qnty. (Max. Lot size)	14 Lots of 17 Equity Shares = 238 Shares
Maximum amount required to apply	Rs. 1,99,206/-
Face Value	Rs. 5/- per Equity Share
Issue Type	Book Built Issue IPO
Registrar of Issue	KFin Technologies Pvt. Ltd.
No. of Equities (Size of the Issue)	1,15,08,704
Objectives of IPO	To get the Company listed in BSE and NSE and to make an Offer for Sale.

 IMPORTANT TIME LINE TO NOTE:

Open Date	07.07.2021
Offer Close Date	09.07.2021
Basis of Allotment Date	14.07.2021
Refund Starts from (will be initated from)	15.07.2021
Credited to Demat Account	16.07.2021
Listing on BSE and NSE	19.07.2021

 BRIEF PROFILE OF THE COMPANY :

 ·  G R Infraprojects is one of the most popular engaged in Engineering, Procurement and Construction (EPC) company who are engaged in designing and construction of Highways projects across India.  Besides, in the recent past, they have undertaken some Railways Projects.

 ·   They also process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage, fabrication and galvanization of metal crash barriers.

 ·    The Company has its Head Office in Udaipur, Rajasthan, India.  The company was incorporated in December 1995

 ·   They had successfully executed various projects in the State of Rajasthan, NHAI, etc.  They have completed more than 100 projects successfully since incorporation.  Some projects involved National Highways, Bridges, Flyovers and Airport runways as also Railway over bridges.

 ·  The Company have three manufacturing units at Udaipur (Rajasthan), Guwahati, (Assam) and Sandila, (Uttar Pradesh) for processing bitumen, thermoplastic road-marking paint and road signage

 ·  The fabrication and galvanization unit has been set up at Ahmedabad, (Gujarat) for manufacturing metal crash barriers and electric poles. The company declares that they have adequate infrastructure facilities to complete the allotted projects on time in a smooth manner.

• The IPO Issue comprises of a complete offer for sale by existing selling Shareholders including the Promoter.

·       It is reported that the premium is set to be at Rs. 220-Rs.320/- per share in the Grey Market with a price band of Rs. 1057.00 – 1157.00.

 BOARD OF DIRECTORS:

 Shri Vinod Kumar Agarwal               Chairman and Full-Time Director

Shri Ajendra Kumar Agarwal            Managing Director

Shri Vikas Agarwal                            Full-time Director

Shri Ramesh Chandra Jain                 Full-time Director

Shri Chander Khamesra                     Non-Executive Independent Director

Shri Desh Raj Dogra                          Addl. Director (Non-Executive and Independent)

Smt. Kalpana Gupta                           Non-Executive Independent Director

Shri Rajendra Kumar Jain                  Non-Executive Independent Director

 STRENGTH OF THE COMPANY:

1.               Well experienced in the line of activity

2.               Experienced Promoters

3.               Getting on-going projects from various State Governments and also from Railways.

4.               They are executing projects across diverse geographic locations in India

5.               Established track record of before time / on time execution of projects

6.               Well Trained Staff for execution of projects

7.               Own manufacturing facilities of raw materials used in their projects

 FINANCIAL INDICATORS: (Rupees in Mn)

 Particulars                                         2018-19                              2019-20                   2020-21

Total Assets                                      58287.31                            77834.16                  101160.45

Total Revenue                                  53255.30                             64,237.05                     79,069.43

PAT                                                     7,166.38                              8,008.32                              9,532.21

 

The above indicators show that the financials are sound enough for the Company and they are in the increasing trend.

 HOW TO APPLY:

 1.            Login to your Broker’s Website

2.            Search for IPO Tab

3.            Enter the details

4.            Submit

5.            Ensure that adequate Balance is available in your Account to meet with the debits for IPO.

You can also apply through ASBA of your Bank’s Internet Banking portal, if you have netbanking facility.

 ALL THE BEST!