GNI Infrastructure Files Draft Papers with SEBI to Launch IPO

GNI Infrastructure IPO date is not announced yet. GNI Infrastructure is a book built issue and have plan to raise around ?[.] crores via IPO that comprises fresh issue of ?[.] crores and offer for sale of ?[.] crores, up to 9,388,212 Equity Shares with face value of ?10 each. The retail quota is 35%, QIB is 50%, and HNI is 15% as per DRHP. The IPO to list on NSE and BSE.

Jagat Joshi

5 November 2026

Construction and infrastructure company GNI Infrastructure has filed draft papers with SEBI to launch an Initial Public Offering (IPO).

The IPO will include a fresh issue of 2.10 crore equity shares along with an Offer for Sale (OFS) of 93.88 lakh shares by the company’s promoters and existing shareholders.

GNI Infrastructure IPO Lead Managers & Registrar.

SMC Capitals and Marwadi Chandarana Intermediaries Brokers are the book-running lead managers for the IPO, while KFin Technologies has been appointed as the registrar.

Fund deployment

The company plans to use the funds raised from the fresh issue to meet its working capital needs and for general corporate purposes.

Founded in 2007, GNI Infrastructure has decades of experience in executing road infrastructure projects, mainly in Maharashtra. The company primarily works with government departments and public sector organisations in the infrastructure, transportation, and urban development sectors.

GNI Infrastructure IPO Prospectus:

DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	To be Updated Soon

GNI Infrastructure Company Financial Report

Amount ? in Crores

Period Ended	Revenue	Expense	Profit After Tax
2023	?323.48	?220.26	?75.41
2024	?211.03	?145.67	?46.96
2025	?338.37	?235.31	?76.12
Dec 2025	?250.15	?180.88	?49.66

GNI Infrastructure IPO Valuation – FY2025

GNI Infrastructure IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	?7.88 (Basic)
Price/Earning P/E Ratio:	N/A
Return on Net Worth (RoNW):	25.25%
Net Asset Value (NAV):	?38.23

Peer Group Comparison

Company	EPS	PE Ratio	RoNW %	NAV	Income
SRM Contractors Limited	23.97	21.03	30.07%	120.09	528.13 Cr.
RPP Infra Projects Limited	14.55	4.52	13.67%	115.10	1,439.43 Cr.
Ceigall India Limited	17.04	22.45	21.62%	108.97	3,436.73 Cr.

Objects of the Issue

Funding of Working Capital Requirement
General Corporate Purposes

IPO Lead Managers aka Merchant Bankers

Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
SMC Capitals Ltd.