G R Infraprojects Limited – Globe Capital
G R Infraprojects Limited
Closed
Price Band
Rs. 828 – 837
IPO Issue Period
Jul 07, 2021 to Jul 09, 2021
Issue Size
Rs. 963.28 Cr.
Face value
Rs. 5/-
Fresh issue
NIL
Offer for sale
Rs. 963.28 Cr.
Minimum Shares for Retail
17 shares
Maximum Shares for Retail
238 shares
Listing on
NSE, BSE
Issue Type
Book Building
Tentative Listing Date
19-Jul-21
QIB
Not More than 50% of the offer
NII
Not less than 15% of the offer
Retail
Not less than 35% of the offer
Registrar to the Issue
KFintech Private Limited

Equirus Capital Private Limited, HDFC Bank Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets Limited

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. Till April 2021, it has completed 100+ road construction projects successfully, and currently, 4 BOT projects are under construction. The company owns 3 manufacturing facilities at Udaipur (Rajasthan), Guwahati (Assam), and Sandila (Uttar Pradesh) and has a fabricating and galvanization unit at Ahmedabad, Gujarat. Vinod Kumar Agarwal, Ajendra Kumar Agarwal, Purshottam Agarwal, and Lokesh Builders Private Limited are the company promoters.

For year/ period ended ( in Cr.)

31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 7844.13 6372.7 5282.58
Profit After Tax 953.22 800.83 716.64
EPS 98.31 82.59 73.91
OPM(%) 24.19 25.49 24.9
PATM(%) 12.06 12.47 13.46
  • Expertise in road projects i.e. state and national highways, culverts, flyovers, airport runways, tunnels, etc.
  • Strong project execution capabilities.
  • Robust financial performance track record.
  • Experienced promoters and managers team.
  • To achieve the share listing benefits on the BSE and NSE.
  • To make an offer for sale shares.

The Company is an integrated road engineering, procurement and construction (“EPC”) company with experience in design and construction of various road and highway projects across 15 states in India and having recently diversified into projects in the railway sector. With strong order books & execution capability will lead to strong profitability. Hence, investor can subscribe to the issue for the medium to long-term.

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