GR Infraprojects Ltd. IPO

It is a road engineering, procurement & construction (EPC) business with experience in designing & executing major road & highway projects in India.

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GR Infraprojects Ltd. IPO Details

Check out the issue details for GR Infraprojects Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 837

Price Band

₹ 828 - 837

Issue Size

963.28 Cr.

Issue Type

Book Built

Open

2021-07-07

Close

2021-07-09

Listing price

₹ 1715.85

Listing Gain

105.00%

Listing Date

2021-07-19

CMP

₹ 871

Current Return

4.06%

GR Infraprojects Ltd. News

G R Infraprojects informs about issue of completion certificate 4 Jul 2026, 4:49PM G R Infraprojects informs about newspaper advertisements4 Jul 2026, 3:12PM G R Infraprojects’ arm receives completion certificate for Rajasthan project4 Jul 2026, 2:08PM G R Infraprojects informs about disclosures 25 Jun 2026, 3:02PM G R Infraprojects informs about disclosure17 Jun 2026, 12:16PM GR Infraprojects’ arm executes concession agreement with NHAI 18 May 2026, 3:30PM GR Infraprojects’ arm executes concession agreement with NHAI15 May 2026, 9:58AM GR Infraprojects executes EPC agreement with NTPC 23 Apr 2026, 4:13PM G R Infraprojects informs about disclosure21 Apr 2026, 12:54PM GR Infraprojects gets NoA wroth Rs 413.37 crore30 Mar 2026, 2:52PM G R Infraprojects moves up on emerging as L-1 bidder for Rs 1453.57 crore project in Gujarat30 Mar 2026, 11:50AM G R Infraprojects emerges as L-1 bidder for Rs 1453.57 crore project in Gujarat28 Mar 2026, 11:31AM G R Infraprojects enters into SPA with Indus Infra Trust 25 Mar 2026, 3:30PM G R Infraprojects soars on securing LoA worth Rs 2440.87 crore from NHAI24 Mar 2026, 9:27AM G R Infraprojects secures LoA worth Rs 2440.87 crore from NHAI23 Mar 2026, 5:43PM G R Infraprojects informs about updates20 Mar 2026, 4:52PM G R Infraprojects soars on emerging as L-1 bidder for Rs 2440.87 crore Bihar project19 Mar 2026, 9:26AM G R Infraprojects emerges as L-1 bidder for Rs 2440.87 crore Bihar project 19 Mar 2026, 9:17AM G R Infraprojects informs about press release18 Feb 2026, 5:27PM G R Infraprojects gains on securing LoA worth Rs 1897.51 crore18 Feb 2026, 11:22AM

Company Financials

You can get the following financial statements of GR Infraprojects Ltd. as of now.

The valuation of GR Infraprojects IPO company based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 837
Total Shares 9.67 Cr
Market Cap 8094 Cr
EPS (TTM) Rs 80.73 
PE Ratio 10x
Industry PE 17x

 

GR Infraprojects IPO issue size is 963.28 Cr. 

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 963.28 Cr

 

An Individual can apply for a minimum 1 lot of 16 shares and a maximum of 13 lots of 208 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 16 Rs 14,400
 Maximum 13 208 Rs 1,87,200

 

GR Infraprojects IPO is subscribed 102.58 times till 9th July. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription 
Qualified Institutional Maximum 50% 163.58 Times
Non-Institutional Minimum 15% 238.04 Times
Retail Individual Minimum 35% 12.57 Times
Employee 2.25 Lakh Shares 1.37 Times
Total 100% 102.58 Times

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of GR Infraprojects IPO:

Schedule Date
Basis of Allotment 14 July 2021
Refunds 15 July 2021
Credit to Demat Account 16 July 2021
IPO Listing Date 19 July 2021

 

When the allotment is out, you can check it from the registrar's website. Find the GR Infraprojects IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 7919.18 8147.59 7787.96 6515.57 7620.22
Total Expenditure 6638.12 6842.7 6652.52 5611.04 6789.89
Operating Profit 1281.05 1304.89 1135.45 904.53 830.32
Other Income 135.32 193.77 228.6 503.41 461.05
Interest 129.78 106.89 107.11 88.76 43.24
Depreciation 281.63 245.65 244.23 244.83 198.36
Exceptional Items -3.08 0 1380.27 23.57 253.15
Profit Before Tax 1001.88 1146.12 2392.97 1097.92 1302.93
Provision for Tax 241.06 294.35 415.54 291.32 306.87
Net Profit 760.82 851.77 1977.43 806.61 996.06
Adjusted EPS (Rs.) 7.87 8.81 20.45 8.34 10.29

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 48.34 48.34 48.34 48.37 48.38
Total Reserves 4315.21 5166.82 7147.38 7839.37 8820.62
Borrowings 621.62 649.66 352.46 362.9 222.59
Other N/C liabilities 87.84 77.71 207.24 205.59 205.12
Current liabilities 1640.35 1788.71 1639.08 1343.78 1677.71
Total Liabilities 6713.36 7731.24 9394.51 9800.02 10974.41
Assets
Net Block 1484.63 1438.5 1309.23 1075.18 955.48
Capital WIP 59.37 71.92 74.32 137.2 26.8
Intangible WIP 0 0 0 0 2.71
Investments 305.5 85.71 2587.07 2679.69 3064.61
Loans & Advances 1094 965.64 1245.58 1483.65 1310.11
Other N/C Assets 19.55 960.38 5.41 0.55 77.89
Current Assets 3750.31 4209.08 4172.9 4423.75 5536.81
Total Assets 6713.36 7731.24 9394.51 9800.02 10974.41
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Other Income 138.89 116.26 118.35 127.63 98.8
Profit Before Tax 451.98 283.01 176.42 314.94 528.57
Tax 80.75 67.2 45.58 82.79 111.3
Profit After Tax 371.24 215.8 130.84 232.15 417.27
Adjusted EPS (Rs) 38.37 22.31 13.52 23.99 43.12

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 74.69 0
Mar 2026 74.69 0
Dec 2025 74.69 0
Sep 2025 74.69 0
Jun 2025 74.7 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 1001.88 1146.12 2392.97 1097.92 1302.93
Adjustment 320.71 247.75 -1174.77 -83.07 -383.38
Changes in Assets & Liabilities -496.95 -335.87 -90.72 99.34 -580.57
Tax Paid -265.06 -293.63 -279.97 -256.27 -320.05
Operating Cash Flow 560.58 764.36 847.52 857.92 18.93
Investing Cash Flow -237.28 -645.52 -264.79 -266.88 563.81
Financing Cash Flow -380.68 -126.44 -424.31 -427.16 -349.73
Net Cash Flow -57.38 -7.6 158.41 163.88 233
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