G R Infraprojects Limited IPO GMP Detail - Grey Market Premium(GMP), Kostak and Sauda Price

G R Infraprojects Limited IPO GMP Detail - Grey Market Premium(GMP), Kostak and Sauda Price image

The initial public offering (IPO) of GR Infraprojects, a Rajasthan-based company involved in constructing road and highways, will open for bidding on Wednesday, July 7, and close on Friday, July 9.

The price band for the IPO has been decided at Rs 828-837 per share.

G R Infraprojects is an integrated road engineering, procurement, and construction company with experience in designing and construction activities and road/highway projects. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector but also diversified into manufacturing activities of thermoplastic road-making paints, electric poles, road signages, and fabricating metal crash barriers.

Vinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Agarwal, and Lokesh Builders Private Limited are the company promoters.

G R Infraprojects IPO Details

Issue Date07 Jul 2021 - 09 Jul 2021
Issue Size₹963.28 Cr
Issue Price₹828-837
Market Lot17 Shares
Shares on Offer11,508,704
Subscription DetailsKFintech
Listing Date19 Jul 2021

G R Infraprojects IPO Grey Market Premium (GMP) Details

DateGMPKostakSubject to Sauda
02 Jul 2020₹290-300₹400-450₹2800-3000
01 Jul 2020₹295-300₹450₹3200