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.
Issue Date | 07 Jul 2021 - 09 Jul 2021 |
Issue Size | ₹963.28 Cr |
Issue Price | ₹828-837 |
Market Lot | 17 Shares |
Shares on Offer | 11,508,704 |
Subscription Details | KFintech |
Listing Date | 19 Jul 2021 |
Date | GMP | Kostak | Subject to Sauda |
---|---|---|---|
02 Jul 2020 | ₹290-300 | ₹400-450 | ₹2800-3000 |
01 Jul 2020 | ₹295-300 | ₹450 | ₹3200 |