GR Infraprojects on Thursday said it has fixed a price band of Rs 828-837 a share for its Rs 963-crore initial share sale.
The three-day initial public offer (IPO) will open on July 7 and conclude on July 9. Bidding for anchor investors will open on July 6, according to the company.
The issue will be a complete offer for sale (OFS) of 1,15,08,704 equity shares by promoter and investor selling shareholders. The offer includes an employee reservation portion as well.
Lokesh Builders will sell 11,42,400 equity shares through an offer for sale, Jasamrit Premises 1,27,000 equity shares, Jasamrit Fashions 80,000 equity shares, Jasamrit Creations 56,000 equity shares, and Jasamrit Construction 44,000 equity shares.
