When is the GR Infraprojects IPO listing date

✅The GR Infraprojects IPO listing date is set for July 19, 2021. Grab this opportunity!

The GR Infraprojects IPO listing date is July 19, 2021. This highly anticipated initial public offering attracted significant attention from investors due to the company’s strong track record and growth potential in the infrastructure sector.

In this article, we will delve deeper into the details of the GR Infraprojects IPO, including its subscription status, allotment dates, and market performance expectations. Understanding these elements can help investors make informed decisions regarding this IPO.

Overview of GR Infraprojects IPO

GR Infraprojects is a leading integrated road engineering, procurement, and construction (EPC) company in India. The company has executed numerous projects across the country, contributing significantly to the nation’s infrastructure development.

IPO Subscription Details

The GR Infraprojects IPO opened for subscription on July 7, 2021, and closed on July 9, 2021. The IPO was met with strong demand from investors, with the issue being subscribed 102.58 times on the final day of bidding. Here is a breakdown of the subscription status:

• Qualified Institutional Buyers (QIBs): Subscribed 168.58 times
• Non-Institutional Investors (NIIs): Subscribed 238.04 times
• Retail Individual Investors (RIIs): Subscribed 12.57 times

Allotment and Listing Dates

Following the closure of the subscription period, the basis of allotment was finalized on July 14, 2021. Shares were credited to the demat accounts of successful applicants by July 16, 2021. The shares of GR Infraprojects were listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on July 19, 2021.

Market Performance

On the day of listing, GR Infraprojects made a stellar debut with its shares opening at a premium of 105% over the IPO price. The strong listing performance reflects the market’s confidence in the company’s growth prospects and its robust order book.

Key Takeaways for Investors

Investors interested in IPOs should take note of the following points:

• Understand the company’s business model and growth potential.
• Monitor subscription levels to gauge market interest.
• Review the allotment process and listing performance.

By staying informed and conducting thorough research, investors can make more strategic decisions when participating in IPOs like that of GR Infraprojects.

Timeline and Key Milestones of GR Infraprojects IPO

Let’s dive into the Timeline and Key Milestones of the GR Infraprojects IPO.

The Initial Public Offering (IPO) process involves several crucial steps and dates that investors need to be aware of to make informed decisions. Understanding the timeline of an IPO can help investors strategize their investments and capitalize on potential opportunities.

Key Events in the GR Infraprojects IPO Timeline:

• Announcement of IPO: The first step in the IPO process is when the company announces its intention to go public. This announcement includes details such as the size of the offering, the price range, and the expected listing date.
• Roadshow: During the roadshow, company executives and underwriters travel to different cities to present the investment opportunity to potential investors. This is an essential step to generate interest in the IPO.
• Pricing: The pricing of the IPO is a critical milestone. It determines the final offer price of the shares and the valuation of the company. Investors closely watch this step to gauge the demand for the offering.
• Listing Date: The listing date is when the company’s shares officially start trading on the stock exchange. This is a significant event for investors as they can buy and sell shares in the secondary market.

Benefits of Knowing the IPO Timeline:

Having a good grasp of the IPO timeline can provide investors with several advantages, including:

• Strategic Investment: By understanding the key milestones, investors can strategically plan their investments around crucial dates such as pricing and listing, maximizing their potential returns.
• Decision-Making: Knowing the timeline helps investors make informed decisions about when to buy or sell shares. It allows them to capitalize on market movements and trends.
• Risk Management: Awareness of the IPO timeline enables investors to manage risks effectively by staying updated on important events that could impact the stock price.

By staying informed about the Timeline and Key Milestones of the GR Infraprojects IPO, investors can navigate the volatile IPO market with more confidence and make well-informed investment choices.

How to Check GR Infraprojects IPO Allotment Status

To check GR Infraprojects IPO allotment status, investors can follow a few simple steps to stay updated on their application status. The allotment status provides information on how many shares have been allocated to the investor in the IPO.

Steps to Check GR Infraprojects IPO Allotment Status:

1. Visit the Registrar’s Website: Investors can visit the registrar’s website where the IPO was filed. In this case, investors can check the status on the website of Link Intime India Private Ltd, the registrar for GR Infraprojects IPO.
2. Click on the IPO Allotment Status Section: Look for the section that specifically mentions IPO allotment status. This is where investors can enter their details to check the status of their application.
3. Enter Application Details: Investors need to enter their PAN number or application number or DP Client ID to view the allotment status. Make sure to enter the correct details to get accurate information.
4. Submit and Check Status: After entering the required details, submit the information to view the allotment status. Investors can see how many shares have been allocated to them in the GR Infraprojects IPO.

Checking the IPO allotment status is crucial for investors to know the outcome of their application. It helps them plan their next steps, whether it involves selling the allotted shares on listing day or holding onto them for potential future gains.

Remember, staying informed about the IPO allotment status can help investors make informed decisions and manage their investments effectively.

Frequently Asked Questions

When is the GR Infraprojects IPO listing date?

The GR Infraprojects IPO listing date is expected to be on July 19, 2021.

What is the price band for the GR Infraprojects IPO?

The price band for the GR Infraprojects IPO is set at ₹828-837 per share.

How can I apply for the GR Infraprojects IPO?

You can apply for the GR Infraprojects IPO through your demat account using ASBA or through your bank’s net banking platform.

What is the lot size for the GR Infraprojects IPO?

The lot size for the GR Infraprojects IPO is 17 shares.

Is the GR Infraprojects IPO open for retail investors?

Yes, the GR Infraprojects IPO is open for retail investors who can apply for up to 13 lots.

What is the market capitalization of GR Infraprojects post-IPO?

The market capitalization of GR Infraprojects post-IPO is expected to be around ₹7,450 crores.

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