GR Infraprojects Ltd. IPO

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

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

Listingprice

₹ 1715.85

ListingGain

105.00%

Listing Date

2021-07-19

CMP

₹ 1249.8

Current Return

49.32%

GR Infraprojects Ltd. News

G R Infraprojects informs about receipt of order14 Aug 2025, 4:39PM GR Infraprojects reports 57% jump in Q1 consolidated net profit2 Aug 2025, 5:52PM GR Infraprojects - Quaterly Results1 Aug 2025, 7:53PM GR Infraprojects - Quaterly Results1 Aug 2025, 7:53PM G R Infraprojects submits board meeting intimation28 Jul 2025, 5:13PM G R Infraprojects emerges as L-1 bidder for Rs 290.23 crore project 25 Jul 2025, 9:39AM G R Infraprojects’ arm secures project worth Rs 1248.37 crore9 Jul 2025, 3:59PM G R Infraprojects receives provisional completion certificate for Rajasthan project20 Jun 2025, 10:00AM GR Infraprojects reports 27% fall in Q4 consolidated net profit16 May 2025, 2:30PM GR Infraprojects - Quaterly Results15 May 2025, 9:41PM GR Infraprojects - Quaterly Results15 May 2025, 9:41PM G R Infraprojects gets LoA from Western Railways 9 May 2025, 11:51AM GR Infraprojects bags advance work order worth Rs 1257.38 crore6 May 2025, 9:48AM G R Infraprojects informs about sale and transfer of WOS29 Mar 2025, 9:44AM G R Infraprojects inks share purchase agreement with Indus Infra Trust28 Mar 2025, 6:05PM GR Infraprojects bags LoA from NHAI18 Mar 2025, 6:28PM GR Infraprojects emerges as selected bidder for NHAI project15 Mar 2025, 12:13PM G R Infraprojects gets nod to divest 100% equity stake in GR Galgalia Bahadurganj Highway10 Mar 2025, 11:08AM G R Infraprojects enters into MoU with Government of Assam for ropeway project27 Feb 2025, 11:59AM G R Infraprojects’ arm gets completion certificate for Madhya Pradesh project18 Feb 2025, 9:59AM

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 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 7244.46 7919.18 8147.59 7787.96 6515.57
Total Expenditure 5934.08 6638.12 6842.7 6652.52 5611.04
Operating Profit 1310.38 1281.05 1304.89 1135.45 904.53
Other Income 127.49 135.32 193.77 228.6 503.41
Interest 139.58 129.78 106.89 107.11 88.76
Depreciation 226.84 281.63 245.65 244.23 244.83
Exceptional Items 0 -3.08 0 1380.27 23.57
Profit Before Tax 1071.45 1001.88 1146.12 2392.97 1097.92
Provision for Tax 290.84 241.06 294.35 415.54 291.32
Net Profit 780.61 760.82 851.77 1977.43 806.61
Adjusted EPS (Rs.) 8.07 7.87 8.81 20.45 8.34

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 48.34 48.34 48.34 48.34 48.37
Total Reserves 3556.08 4315.21 5166.82 7147.38 7839.37
Borrowings 607.71 621.62 649.66 352.46 362.9
Other N/C liabilities 87.57 87.84 77.71 207.24 205.59
Current liabilities 2058.04 1640.35 1788.71 1639.08 1343.78
Total Liabilities 6357.75 6713.36 7731.24 9394.51 9800.02
Assets
Net Block 1345.15 1484.63 1438.5 1309.23 1075.18
Capital WIP 55.48 59.37 71.92 74.32 137.2
Intangible WIP 0 0 0 0 0
Investments 245.61 305.5 85.71 2587.07 2679.69
Loans & Advances 1076.15 1094 965.64 1245.58 1483.65
Other N/C Assets 23.76 19.55 960.38 5.41 0.55
Current Assets 3611.61 3750.31 4209.08 4172.9 4423.75
Total Assets 6357.75 6713.36 7731.24 9394.51 9800.02
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Other Income 108.14 131.08 122.23 138.89 116.26
Profit Before Tax 214.04 199.28 232.63 451.98 283.01
Tax 62.08 84.46 64.04 80.75 67.2
Profit After Tax 151.96 114.82 168.59 371.24 215.8
Adjusted EPS (Rs) 15.72 11.87 17.43 38.37 22.31

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 74.7 0
Mar 2025 74.7 0
Dec 2024 74.7 0
Sep 2024 74.71 0
Jun 2024 74.74 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 1071.45 1001.88 1146.12 2392.97 1097.92
Adjustment 254.32 320.71 247.75 -1174.77 -83.07
Changes in Assets & Liabilities -637 -496.95 -335.87 -90.72 109.61
Tax Paid -268.89 -265.06 -293.63 -279.97 -256.27
Operating Cash Flow 419.88 560.58 764.36 847.52 868.19
Investing Cash Flow -925.22 -237.28 -645.52 -264.79 -256.61
Financing Cash Flow 159.23 -380.68 -126.44 -424.31 -437.44
Net Cash Flow -346.1 -57.38 -7.6 158.41 174.15
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