Monday, July 05, 2021

GR Infraprojects IPO Subscription (Live) Numbers & Status | Should You Subscribe?

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

    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.