GR Infraprojects IPO subscription to start from 07 July 2021, Wednesday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The grey market is active and the company looks good to subscribe for the short term and long term. Hem Securities and Philip Capital India Research shared their view as “Subscribe” for the IPO. The GR Infraprojects price band is fixed at ₹828 to ₹837 Per Share with face value of ₹5 Per Equity Share. The minimum bid is for 17 Shares (₹14,229) and maximum bid is 238 shares (₹199,206). GR Infraprojects IPO to raise ₹962 Crores via initial public offer. Please check the GR Infraprojects IPO details over here.
IPOWatch View: We recommend investors to apply this IPO with short term and long term gain. The IPO Subscription is started!
Brokerage Firm Reviews:
- Hem Securities: Subscribe
- Philip Capital India Research: Subscribe
- BP Equities: Subscribe
- GEPL Capital: Subscribe
- Prabhudas Liladhar: Subscribe
- Ajcon Global: Subscribe
- Canara Bank: Subscribe
- Capital Market: Subscribe
- IDBI Capital: Subscribe
- Nirmal Bang: Subscribe
- Reliance Securities: Subscribe
- ICICI Direct: None
- Sharekhan: None
- Axis Capital: None
- JM Financial: None
GR Infraprojects IPO Subscription Status (Live Data)
(Over Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.49x | 2.79x | 168.58x |
| NII | 2.68x | 6.31x | 238.04x |
| RII | 3.25x | 7.50x | 12.57x |
| EMP | 0.24x | 0.75x | 1.37x |
| Total | 2.28x | 5.75x | 102.58x |
GR Infraprojects IPO Date & Price Band
| IPO Open: | 07 July 2021 |
| IPO Close: | 09 July 2021 |
| IPO Size: | Approx ₹963 Crores |
| Fresh Issue: | Approx ₹- Crores |
| Offer for Sale: | Approx ₹963 Crores |
| Face Value: | ₹5 Per Equity Share |
| Price Band: | ₹828 to ₹837 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 1,15,08,704 Shares |
| Discount: | For Employees ₹42 Per Share |
GR Infraprojects IPO Market Lot
| Minimum Lot Size: | Minimum 17 Shares |
| Minimum Amount: | ₹14,229 |
| Maximum Lot Size: | Maximum 238 Shares |
| Maximum Amount: | ₹1,99,206 |
GR Infraprojects IPO Allotment & Listing
| Basis of Allotment: | 14 July 2021 |
| Refunds: | 15 July 2021 |
| Credit to Demat Account: | 16 July 2021 |
| Listing Date: | 19 July 2021 |
GR Infraprojects IPO Subscription FAQs:
When GR Infraprojects IPO Subscription will start?
The IPO subscription starts on 07 July 2021 for QIB, NII, and Retail Investors.
How much GR Infraprojects IPO subscribed?
The IPO subscribed 102.58x times on day 2.
What is GR Infraprojects IPO Retail subscription status?
The RII subscription is 12.57x on day 3.
How to subscribe GR Infraprojects IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live GR Infraprojects IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
