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G R Infraprojects IPO

The proposed IPO of G R Infraprojects IPO opens on July 7 for two days. The subscription window will close on July 9, 2021. According to sources, it is a purely offer for sale issue comprising 1.15 crore equity shares, provided at face value of Rs 5.

G R Infraprojects IPO

Issuer

G R Infraprojects Limited

IPO Date : 07th July 2021 - 09th July 2021
Price Band
₹828 to ₹837 per equity share

Issue Size
₹828 to ₹837 crores

Face Value
₹5 per equity share

Market Lot
17 Shares

Listing At
NSE,BSE
₹0 Free Equity Delivery
₹20/- For Intraday, F&O, Currencies & Commodities

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G R Infraprojects Limited Information

G R Infraprojects is a road building, procurement, and engineering company that primarily participates in civil road construction projects. They have extensive experience in the domain, with more than 100 projects under their belt. Currently, they have four ongoing BOT projects. Besides road construction, the company has also diversified into manufacturing thermoplastic road-marking paints, electric poles, road signages, and fabricating metal crash barriers in three plants in Udaipur (Rajasthan), Guwahati (Assam), and Sandila (Uttar Pradesh) and fabrication and galvanising unit in Ahmedabad, Gujarat.

Competitive strength

  • Strong execution capabilities set G R Infraprojects apart from its peers
  • The company has vast expertise in constructing roads, highways, flyovers, culverts, airport runways, and more
  • Robust track record and financials, coupled with consistent performance
  • Promoters and management team with broad experience in the domain

G R Infraprojects Limited Information

Here are some important dates to look out for while applying for the G R Infraprojects Limited :
IPO Open Date 7-Jul-21
IPO Close Date 9-Jul-21
Basis of Allotment Date 14-Jul-21
Initiation of Refunds 15-Jul-21
Credit of Shares to Demat Account 16-Jul-21
IPO Listing Date 19-Jul-21
UPI mandate expiry date 25-Jul-21

G R Infraprojects Limited IPO Latest News & Subscription Status Today [Live]

July 9: Day 3
July 8: Day 2
July 7: Day 1

At 05:00 p.m.

- This IPO has been subscribed 2.28x by 5:00 p.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.49x
- (NII) Non-institutional buyers: 2.68x
- (RII) Retail Individual buyers: 3.25x
- Employees: 0.24x

 

At 03:37 p.m.

- This IPO has been subscribed 90.56x by 3:37 p.m. on Day 3
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 136.84x
- (NII) Non-institutional buyers: 223.75x
- (RII) Retail Individual buyers: 12.13x
- Employees: 1.13x

 

At 01:17 p.m.

- This IPO has been subscribed 15.20x by 1:17 p.m. on Day 3
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 13.36x
- (NII) Non-institutional buyers: 31.84x
- (RII) Retail Individual buyers: 9.94x
- Employees: 0.89x

 

At 11:59 a.m.

- This IPO has been subscribed 8.57x by 11:59 a.m. on Day 3
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 6.90x
- (NII) Non-institutional buyers: 10.47x
- (RII) Retail Individual buyers: 9.15x
- Employees: 0.80x

 

At 10:59 a.m.

- This IPO has been subscribed 6.63x by 10:59 a.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.94x
- (NII) Non-institutional buyers: 8.03x
- (RII) Retail Individual buyers: 8.46x
- Employees: 0.79x

 

At 05:00 p.m.

- This IPO has been subscribed 5.75x by 5:00 p.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.79x
- (NII) Non-institutional buyers: 6.31x
- (RII) Retail Individual buyers: 7.50x
- Employees: 0.75x

 

At 03:58 p.m.

- This IPO has been subscribed 4.94x by 3:58 p.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 1.53x
- (NII) Non-institutional buyers: 5.79x
- (RII) Retail Individual buyers: 6.78x
- Employees: 0.54x

 

At 02:56 p.m.

- This IPO has been subscribed 4.41x by 2:56 p.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.52x
- (NII) Non-institutional buyers: 5.30x
- (RII) Retail Individual buyers: 6.48x
- Employees: 0.52x

 

At 01:58 p.m.

- This IPO has been subscribed 3.75x by 1:58 p.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.51x
- (NII) Non-institutional buyers: 3.89x
- (RII) Retail Individual buyers: 5.73x
- Employees: 0.40x

 

At 12:59 p.m.

- This IPO has been subscribed 3.53x by 12:59 p.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.49x
- (NII) Non-institutional buyers: 3.81x
- (RII) Retail Individual buyers: 5.34x
- Employees: 0.36x

 

At 12:18 p.m.

- This IPO has been subscribed 3.28x by 12:18 p.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.49x
- (NII) Non-institutional buyers: 3.33x
- (RII) Retail Individual buyers: 5.02x
- Employees: 0.33x

 

At 10:59 a.m.

- This IPO has been subscribed 2.80x by 10:59 a.m. on Day 2
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.49x
- (NII) Non-institutional buyers: 3.06x
- (RII) Retail Individual buyers: 4.15x
- Employees: 0.29x

 

At 05:00 p.m.

- This IPO has been subscribed 2.28x by 5:00 p.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.49x
- (NII) Non-institutional buyers: 2.68x
- (RII) Retail Individual buyers: 3.25x
- Employees: 0.24x

 

At 04:56 p.m.

- This IPO has been subscribed 2.01x by 4:06 p.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.49x
- (NII) Non-institutional buyers: 2.51x
- (RII) Retail Individual buyers: 2.78x
- Employees: 0.13x

 

At 01:58 p.m.

- This IPO has been subscribed 1.10x by 1:58 p.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.01x
- (NII) Non-institutional buyers: 0.99x
- (RII) Retail Individual buyers: 1.82x
- Employees: 0.05x

 

At 01:08 p.m.

- This IPO has been subscribed 0.79x by 1:08 p.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.01x
- (NII) Non-institutional buyers: 0.11x
- (RII) Retail Individual buyers: 1.58x
- Employees: 0.03x

 

At 12:00 p.m.

- This IPO has been subscribed 0.51x by 12:00 p.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.04x
- (RII) Retail Individual buyers: 1.03x
- Employees: 0.02x

 

At 10:39 a.m.

- This IPO has been subscribed 0.23x by 10:39 a.m. on Day 1
- It is a public issue of 8,123,594 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 0.46x
- Employees: 0.01x

 

How to apply for G R Infraprojects IPO :


1. Applying for the G R Infraprojects IPO can be done through the UPI method. You can link your bank account to a UPI handle.

2. If you are new to investing, you can open a free DEMAT Account with Angel One and start your investment journey to build wealth and gain financial freedom in the long run.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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G R Infraprojects IPO FAQs

What is an IPO?

IPO is a form of equity financing that allows companies to sell partial ownership of their companies to general investors by releasing first-time stocks. Privately held companies become publicly traded by listing themselves in the stock exchanges through IPO shares.

What is the G R Infraprojects IPO?

In a fully offer for sale IPO issue, the company promoters and shareholders will offer 1.15 crore equities of G R Infraprojects. These shares will carry a face value of Rs 5.

How to apply for the G R Infraprojects IPO through Angel One?

Existing investors can apply using the Angel One website or mobile app. If you are a new investor, open an Angel One Demat account online in under 5 mins. Click here.

When will the G R Infraprojects IPO open?

The subscription window will open on July 7 for two days until it closes on July 9, 2021.

What is the minimum lot size for all investors?

To be announced.

How to apply for the G R Infraprojects IPO?

Investors can apply through broking firms like Angel One or banks that support ASBA applications.

When is the G R Infraprojects IPO allotment date?

The IPO shares will get allotted on July 14, 2021, and the issuer will initiate a refund to investors who are not assigned shares on July 15, 2021.

When is the G R Infraprojects IPO listing date?

The shares will list on the stock exchanges on July 19, 2021.

How to pay for the G R Infraprojects IPO using UPI?

To bid for G R Infraprojects’ IPO through UPI, link your savings account to a UPI handle like, BHIM or Google Pay. You will receive a payment mandate on your UPI handle, and on accepting, the amount will get blocked in your account.

How will I receive the G R Infraprojects IPO?

Allotted G R Infraprojects IPO shares will get directly credited to your Demat account. Open an Angel One Demat account. Click here.

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