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Issue Open Date
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07-Jul-21
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Issue Closing Date
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09-Jul-21
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Application Money
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100
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Allotment Money
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Price Band
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828
-
837
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Minimium Application No.
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17
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Issue Size (Shares)
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11508704
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Market Lot
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1
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Objective
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The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the offer for sale of 11,508,704 Equity Shares by the Selling Shareholders aggregating to ? 9,623.34 million.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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1692556
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402903842
|
238.0446153628
|
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Qualified Institutional Buyers
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2256741
|
380437067
|
168.578080958338
|
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Retail Individual Investors
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3949297
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49656184
|
12.5734235738664
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Business Description
We are an integrated road engineering, procurement and construction (“EPC”) company with experience in design and construction of various road/highway projects across 15 States in India and having recently diversified into projects in the railway sector. Our principal business operations are broadly divided into three categories: (i) civil construction activities, under which we provide EPC services; (ii) development of roads, highways on a Build Operate Transfer (“BOT”) basis, including under annuity and Hybrid Annuity Model (“HAM”); and (iii) manufacturing activities, under which we process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.
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Promoter's Holding
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Total Share Capital
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85123832
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Offered to Public
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11508704
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Promoter's Holding (Pre-Issue)
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88.04
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Promoter's Holding (Post-Issue)
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86.54
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Address |
Revenue Block No. 223
Old Survey No. 384/1
384/2 Paiki And 384/3 Khata No.464
Kochariya
Ahmedabad,
Gujarat,
382220
Phone : 0294 2487370
Email : info@grinfra.com
Website : www.grinfra.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
Equirus Capital Pvt Ltd
HDFC Bank Ltd.
ICICI Securities Ltd
Kotak Mahindra Capital Co Ltd
Motilal Oswal Investment Advisors Pvt Ltd
SBI Capital Markets Ltd
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Promoters |
Ajendra Kumar Agarwal
Purshottam Agarwal And Lokesh Builders Pvt Ltd
Vinod Kumar Agarwal
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