GR Infraprojects IPO IPO

GR Infraprojects in launching its IPO. The entire public offer comprises an offer for sale of 1.15 crore equity shares from existing promoters and shareholders. GR Infraprojects Limited is an integrated road EPC (Engineering, Procurement, and Construction) company with experience in the design and construction of various road/highway projects across 15 states in India and has recently diversified into projects in the railway sector. The company’s principal business operations are broadly divided into three categories: (i) civil construction activities, under which the company provides EPC services; (ii) development of roads, highways on a BOT (Build, Operate, Transfer) basis, including under annuity and HAM (Hybrid Annuity Model); and (iii) manufacturing activities, under which the company processes asphalt, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.

The company’s principal business of civil construction comprises EPC and BOT projects in the road sector. The company, since 2006 has executed over 100 road construction projects and also has experience in constructing state and national highways, bridges, culverts, flyovers, airport runways, and rail over-bridges. The company has one operational road project which has been constructed and developed on a BOT basis and 14 road projects under the HAM, out of which five projects are currently operational, four projects are under construction, and construction is yet to commence on five of these projects. Read more

Check out some recent financials figures of the company:

How do I apply for the GR Infraprojects IPO IPO?

You can apply for the GR Infraprojects IPO IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.