What is GR infraprojects?
G R Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across 14 States in India.
Who owns GR infraprojects?
Vinod Kumar Agarwal is the Chairman and Whole Time Director on our Board and one of the Promoters of our Company. He has over 25 years of experience in the road construction industry.
Is GR Infra Debt Free?
As of March 31, 2021, the company had an Order Book of Rs 19,025.81 crore which comprised 16 EPC projects, 10 HAM projects and three other projects. Its PAT margin was 12.2 per cent in FY21 along with standalone debt of Rs 1,350 crore. Therefore, its debt to equity ratio of 0.3x while consolidated D/E is at 1.2x.
Is GR Infraprojects IPO worth buying?
GR Infraprojects to raise ₹962 crore with a complete offer for sale (OFS) of 11.5 million shares. The IPO has opened for subscription and will close on July 9 with a price band of ₹828-837….GR Infraprojects IPO is for long term investors, say analysts.
| Broking House | Recommendation |
|---|---|
| Marwadi Financial Services | Subscribe |
Is it good to invest in GR infraprojects?
GR Infrastructure is an integrated road EPC company with 25 years of experience in designing and constructing various road/highway projects across 15 states in India. Recently, the company diversified into railway sector projects. “The company has posted strong financial performance with healthy balance sheet status.
Is GR Infra allotment out?
GR Infra IPO allotment status: The IPO share allotment of GR Infraprojects was finalised on Wednesday (July 14), after the issue received massive subscription of 102.58 times.. As per the Red Herring Prospectus (RHP) of the public issue, Clean Science IPO allotment date is also falling on 14th July 2021.
How do I check my GR Infra IPO allotment status?
To check GR Infra IPO allotment status online, one can log in at the direct BSE web link — bseindia.com/investors/appli_check.aspx or at the direct link of the official registrar KFintech’s website — kosmic.kfintech.com/ipostatus/.
Is Grinfra a good investment?
As the company strives to maintain robust financial position and low debt levels along with an emphasis on strong balance sheet, it enables it to pursue future opportunities for growth and seems to be a good bet for the long term,” she said.
What is GREY market IPO?
Grey Market IPO is an unofficial market where individuals buy/sell IPO shares or applications before they are officially launched for trading on the stock exchange. As it is an unofficial over-the-counter market, there are no regulations around it. All transactions are done in cash on a personal basis.
Should you invest in GR Infra?
As of March 2021, the company had an order book of Rs 19,026 crore, which is around 2.7x of the construction services income. “The company has posted strong financial performance with healthy balance sheet status. Also, the company has a healthy order book which gives strong revenue visibility going forward.
Is GR Infra IPO good or bad?
At 8.5x PE, analysts see GR Infra IPO as a good opportunity to make money. In the grey market – the unofficial market for unlisted shares — GR Infra shares are trading at a Rs 343-348 premium per share, said Dinesh Gupta, Founder of UnlistedZone, a dealer in unlisted shares.
What is IPO GMP?
RateGain IPO: What GMP (grey market premium) signals ahead of share listing. RateGain IPO GMP today is ₹45, it simply means that grey market is expecting that RateGain shares will list around ₹470 ( ₹425 + ₹45), believe market observers (iStock) 2 min read .
Who is G R Infraprojects?
About Us G R Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across 14 States in India.
When will the GR your Infraprojects IPO open for subscription?
G R Infraprojects IPO would open for subscription on 7th July 2021. GR Infraprojects is an integrated road engineering, procurement and construction (EPC) company with an experience in design and construction of various road / highway projects across India.
What is gragr Infraprojects?
GR Infraprojects is an integrated road engineering, procurement and construction (EPC) company with an experience in design and construction of various road / highway projects across India. It has recently diversified into projects in the railway sector too. Company generated strong revenue and margin growth in the last 3 years.
Why infrainfraprojects?
Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across 15 States in India and having recently diversified into projects in the railway sector.