GR Infraprojects is concerned in civil building actions, growth of roads and highways
GR Infraprojects has filed the draft pink herring prospectus with market regulator Securities and Exchange Board of India for its preliminary public providing. The major market providing of the Udaipur-based built-in street engineering, procurement and building firm shall be a suggestion (OFS) on the market of 1,15,08,704 shares by the promoter and different shareholders. The shares are more likely to be listed on the BSE and NSE.
The OFS will contain the sale of 11,42,400 fairness shares by Lokesh Builders, 1,27,000 fairness shares by Jasamrit Premises and 80,000 shares by Jasamrit Fashions, amongst others. The firm is not going to obtain any proceeds from the share sale as that is a suggestion on the market.
HDFC Bank, ICICI Securities, Kotak Mahindra Capital Company, Motilal Oswal Investment Advisors, SBI Capital Markets and Equirus Capital are the e book working lead managers, whereas KFin Technologies is the registrar to the difficulty.
GR Infraprojects is concerned in civil building actions; growth of roads and highways on a build-operate-transfer (BOT) foundation, and manufacturing actions.
