INSUBCONTINENT EXCLUSIVE:
GR Infraprojects IPO: The shares are likely to be listed on the BSE and NSE on July 19GR Infraprojects' IPO will open for subscription on
The public issue will be an offer-for-sale (OFS) of up to 1.15 crore shares by promoters and shareholders, and there will not be any fresh
The primary market offering will close on July 9, 2021
The shares are likely to be listed on the BSE and NSE on July 19.India Business Excellence Fund I, India Business Excellence Fund, Lokesh
Builders, Pradeep Kumar Agrawal and Jasamrit Premises will be offloading shares in the OFS.A total of 2.25 lakh shares will be reserved for
eligible employees, the company said in its red herring prospectus.GP Infraprojects is an integrated road engineering, procurement and
construction company headquartered in Udaipur
It undertakes road and highway projects across 15 states in the country.GR Infraprojects' listed peers include KNR Constructions, PNC
Infratech, HG Infra Engineering, Dilip Buildcon, Ashoka Buildcon, IRB Infrastructure Developers and Sadbhav Engineering.HDFC Bank, ICICI
Securities, Kotak Mahindra Capital, Motilal Oswal Investment Advisor, SBI Capital Markets, Enquires Capital are the book lead running
KFin Technologies is the registrar to the issue.
