Opens On: 07-Jul-21 Closed On: 09-Jul-21 Face Value Rs 5.00 Per Share Issue Size Rs 963.278 Crs.^ Total Share Issue 1,15,08,704 EQ SH. Retail Quota 35% Price Band Rs 827/- TO Rs 837/- (EXPECTED) Retail Discount Rs 0.00 Minimum Lot 17 SHARES Minimum Amount @Cut-off Rs 14,229/- Registrar KFinTech Pvt Ltd Listing On Bse & Nse Retail Lots Avaliable 2,36,944 LOTS Basis Of Allotment 14-Jul-21 Unblocking Asba 15-Jul-21 Credit Of Shares 16-Jul-21 Listing Date 19-Jul-21 All these figures are given on the basis of information available on the Public Domain. Investigate yourself carefully before investing and consult with your Financial adviser. #TinkerbeLL
मेरा सभी महानुभावो से अनुरोध है कि नकारात्मक टिप्पणी एक दूसरे के कमेंट पर ना करे क्योंकि ऐसा करने से एक एक करके बहुत सारे कीमती हीरे यहां से लगभग जा चुके है जिनमे Septa और Eagleye प्रमुख है Eagleye अगर यहां है भी तो सिर्फ नाममात्र के लिए और मेरा सभी IPO GURU से अनुरोध है कि कृपया नकारात्मक लोगो पर ध्यान न दे और आपना अच्छा काम लोगो को पैसे बनाने में करते रहे क्योंकि ऐसे नकारात्मक सोच के लोग हर जगह मिलते है जो समाज और यहां इस फोरम को दूषित करने का काम कर रहे हैं
मेरा chittorgarh.com admin से भी विनम्र अनुरोध है कृपया करके ऐसे नकारात्मक लोगो की id ब्लॉक करे या फिर उनके घटिया पोस्ट को delete करे जिससे कि इस फोरम की गुणवत्ता बनी रहे वर्ना जैसे ही लोगो को कोई दूसरा फोरम जिस दिन मिल जाएगा सब experts लोग यहां से चले जायेंगे
But getting a lot of experience to choose better IPO for listing gain . 1) Financial should good in terms of Profit after Tax. 2) Current Market situation at time of Listing. 3) Anchor Investor ( for better performance : malabar fund and Nomura mother fund ....) 4) QIB and HNI susbcription on last day @2.50 pm 5) GMP
So a complete offer for sale, no fresh Issue so no money will go in company’s books. In a nutshell, IBEF is exiting it’s investment made in 2011 and 10 years is a good enough holding period. With their sale, a couple of promoters are cashing out some of their shares (not all shares just a very very small portion) and the promoter shareholding will just drop from 88% Pre-IPO to 86.5% Post-IPO. High promotor share even after IPO is one of the biggest signs of strength for me.
Financials are available on company website since 2014 so a much better analysis is possible. As per a few quick back of the envelope calculations, seems to be a strong business. Revenues and Net Profit is constantly growing
CAGR Revenue Growth since 2014: 38%; Average EBIT Margin 15%; Deb/Assets 50%, FY 2021 EPS 81
If Issued at 827-838, PE comes out to be 10 and at that, it’s a STEAL
My take: I will apply for long term (unless the Issue Price is way too high from the 827-838 band).
CRISIL Care Icra just give rating based on promoters given data. . They never cross verify nor do any due diligence. When the house of cards collapses they simply re rate and move on. . They are like vaccine manufacturers they never assume liability for what they produce.
It may be good for listing gain but not for long term. . Reason being all these infra companies are dependent on corrupt government both state and central. Lots of money goes to bribe officers and politicians. Too much opaqueness and black money involved, shareholders hardly get any dividends.
G R INFRA PROJECTS LTD. A MUST APPLY IPO. I SAY WITH PROUD THAT COMPANY AND PROMOTERS FROM MY VILLAGE. THE COMPANY NAME G.R. INFRA WITH NAME OF LATE. SH. GUMANI RAM JI CHACHAN (AGGERWAL). THE COMPANY DO MANY SOCIAL WORKS IN OUR VILLAGE. THE PROMOTERS ARE VERY EXPERIENCE PERSON. HIGH GROWTH.HIGHER PROFIT. EPS NEAR BY 96. A MUST AND FULL FORCE APPLY IPO.
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June 29, 2021 12:31:40 AM
IPO Mentor (900+ Posts, 1100+ Likes)
With all due respect, except EPS none of those matters either from a fundamental POV or your markets POV. I would be more interested in how honest/transparent the promoters are, what their plans are in the future, and the financials.
As of now, PE of 9.3 and GMP of 78. look very good. Let''s wait for more info.
G R Infraprojects Ltd file RHP with SEBI on 26-Jun-2021
Issue Open: 07July 2021 Issue Close: 09 July 2021 Face Value : Rs 5.00 per eq sh OFS : 11,508,704 Shares Retail Quota : 35% of Total Issue EMP Quota : 225,000 shares
Basis of Allotment : July 14, 2021 Initiation of Refunds: July 15, 2021 Credit of Shares : July 16, 2021 IPO Listing Date : July 19, 2021