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GR Infra IPO: Why analysts are betting big on this pure OFS offering

IPO open July 7-9, , is only an offer for sale, the company will not receive any proceeds from the offer.

GR Infra IPO: Why analysts are betting big on this pure OFS offering

EPC company GR Infra launches it's IPO which is a complete offer for sale for IPO by the PE investors and promoters.

Here is what you need to know about the GR Infra IPO.

  • IPO Dates July 7-9
  • Price Band: Rs 828 - 837/ Share
  • To Raise = Rs 963 Crores
  • Lot Size = 17 Shares
  • 1 Lot = Rs 14,229
  • Max Lots = 14 Lots

GR Infraprojects is an integrated EPC company with construction of road and highway projects across 15 states. It recently diversified into projects in the railway sector. EBITDA on a consolidated basis, grew at a CAGR of 20.08% over FY19-20.

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