GR Infraprojects IPO

GR Infraprojects Ltd.

₹14,076 /17 sharesMinimum Investment

GR Infraprojects IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
7 Jul ‘21 - 9 Jul ‘21₹14,07617₹828 - ₹837
Issue SizeIPO Doc
963.00Cr
RHP PDF

Subscription Status As on 09 Jul '21, 4:55 PM

  • Retail Individual Investor
    12.53x
  • Non-Institutional Investor
    238.04x
  • Qualified Institutional Buyers
    168.58x
  • Employees
    1.37x

About GR Infraprojects

G R Infraprojects Limited is an integrated road engineering, procurement, and construction (EPC) company with experience in the design and construction of various road/highway projects across 15 States in India. In recent years, it has diversified into railways projects too. Since 2006, the company has completed over 100 road construction projects. Over the years, G R Infraprojects has developed an established road EPC business and gradually added facilities to support and supplement its road construction business.;
Parent Organisation
GR Infraprojects Ltd.
Founded
1996
Managing Director
Ajendra Kumar Agarwal
G R Infraprojects IPO review, date, business, financials, details | Upcoming IPO 2021

Strengths & Risks

  • Over 25 years of experience in executing EPC projects in the road sector.
  • An established track record of timely completion of projects.
  • An in-house integrated model to deliver a project from conceptualization until completion.
  • Strong financial performance and credit rating.
  • The continuing impact of the COVID-19 pandemic.
  • Since the projects are capital-intensive, the company has significant amounts of long-term loans.
  • Dependence on the company’s ability to bid for and be awarded EPC and BOT projects.
  • The majority of revenues of the company are derived from road projects undertaken or awarded by governmental authorities and other entities funded by the GoI or state governments.
  • Projects are awarded basis a bidding process which may not always work in the favor of the company.
  • Sudden termination of a project for any reason.
  • Outstanding legal proceedings involving the Company, Subsidiaries, Directors, and Promoters.
  • The requirement to maintain the roads constructed by the company as per the terms of the project.
  • An unanticipated increase in the costs of construction materials, fuel, labor, or other inputs.
  • Dependence on its ability to accurately carry out the pre-bidding engineering studies for bidding on projects.
  • Underutilization of workforce or equipment bank.
  • Increases in the prices of construction materials, fuel, labor, and/or equipment.
  • Unforeseen engineering problems, disputes with workers, force majeure events, and unanticipated costs due to defective plans and specifications.
  • Geological, construction, excavation, regulatory and equipment problems with respect to operating projects and projects under construction.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
For GR Infraprojects IPO, eligible investors can apply as
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.5.2
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ

ABOUT GROWW