G R Infraprojects has priced its initial public offer (IPO) between Rs 828-837 per share. The IPO will begin on July 7 and close on July 9. Investors can bid for a lot of 17 equity shares and multiples of 17 after that. Anchor investors will be allotted shares on Tuesday.
The IPO is an offer for sale (OFS), and the company will not receive the proceeds of the offer. At the upper end of the price band, the IPO size works out to Rs 963 crore.
GR Infra is a road engineering, procurement and construction (EPC) company with experience designing and constructing various road and highway projects across 15 States in India.
