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IPO Details


G R Infraprojects Ltd
Registered Office: Revenue Block No.223 Paiki and, 384/3 Khata No.464 Kochariya, Ahmedabad - 382220, Gujarat
Phone: 91-294-2487370
Email: cs@grinfra.com
Website: www.grinfra.com
Initial Public Offering of 11,508,704 equity shares of face value of Rs. 5 each (equity shares) of G R Infraprojects Limited (the company or the issuer) for cash at a price of Rs. 837 per equity share (including a premium of Rs. 832 per equity share) (offer price) aggregating to Rs. 962.33 Crores (the offer). The offer comprises of an offer for sale of 11,508,704 equity shares aggregating to Rs. 962.33 Crores, comprising 1,142,400 equity shares aggregating to Rs. 95.53 Crores by Lokesh Builders Private Limited (the promoter selling shareholder); 127,000 equity shares aggregating Rs. 10.62 Crores by Jasamrit Premises Private Limited, 80,000 equity shares aggregating to Rs. 6.69 Crores by Jasamrit Fashions Private Limited, 56,000 equity shares aggregating to Rs. 4.68 Crores by Jasamrit Creations Private Limited, and 44,000 equity shares aggregating to Rs. 3.68 Crores by Jasamrit Construction Private Limited (collectively, the promoter group selling shareholders); 6,414,029 equity shares aggregating to Rs. 536.33 Crores by India Business Excellence Fund I and 3,159,149 equity shares aggregating to Rs. 264.16 Crores by India Business Excellence Fund (together, the investor selling shareholders); and 486,126 equity shares aggregating to Rs. 40.65 Crores by Pradeep Kumar Agarwal (the other selling shareholder and together with the promoter selling shareholder, promoter group selling shareholders, and investor selling shareholders, the selling shareholders). The offer includes a reservation of 225,000 equity shares aggregating to Rs. 17.89 Crores (constituting 0.23% of the post- offer paid-up equity share capital of the company) for subscription by eligible employees (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer constitute 11.90% and 11.67%, respectively (subject to finalization of basis of allotment), of the post-offer paid-up equity share capital of the company. The company and the investor selling shareholders in consultation with the book running lead managers (BRLMs), offered a Discount of Rs. 42 of the offer price to eligible employees bidding in the employee reservation portion (employee discount). The face value of equity shares is Rs. 5 each. Offer Price : Rs. 837 per equity share of face value of Rs. 5 each. The Offer Price is 167.40 times of the face value. Anchor Investor Offer Price : Rs. 837 per equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
07-Jul-2021 09-Jul-2021 837.00 0.00
Minimum Application for shares in Nos : 17 Further Multiples of : 17
()Cr. Lead Managers to the Issue
Project Cost 0.00 Equirus Capital Pvt Ltd
Project Financed through Current Offer 962.33
Post Issue Equity Share Capital 48.34
Issue Price 837.00
Projects
Listing the Shares on the Stock Exchangess
Promoted By
Vinod Kumar Agarwal
Ajendra Kumar Agarwal
Purshottam Agarwal
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

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