IPO

G R Infraprojects Ltd

Registered Office : Revenue Block No.223 Paiki and,384/3 Khata No.464 Kochariya,Ahmedabad Gujarat 382220 Phone : 91-294-2487370
Fax :

Email : cs@grinfra.com

Website : www.grinfra.com

Initial Public Offering of 11,508,704 equity shares of face value of Rs. 5 each ("equity shares") of G R Infraprojects Limited ("the company" or the "issuer") for cash at a price of Rs. 837 per equity share (including a premium of Rs. 832 per equity share) ("offer price") aggregating to Rs. 962.33 Crores (the "offer"). The offer comprises of an offer for sale of 11,508,704 equity shares aggregating to Rs. 962.33 Crores, comprising 1,142,400 equity shares aggregating to Rs. 95.53 Crores by Lokesh Builders Private Limited (the "promoter selling shareholder"); 127,000 equity shares aggregating Rs. 10.62 Crores by Jasamrit Premises Private Limited, 80,000 equity shares aggregating to Rs. 6.69 Crores by Jasamrit Fashions Private Limited, 56,000 equity shares aggregating to Rs. 4.68 Crores by Jasamrit Creations Private Limited, and 44,000 equity shares aggregating to Rs. 3.68 Crores by Jasamrit Construction Private Limited (collectively, the "promoter group selling shareholders"); 6,414,029 equity shares aggregating to Rs. 536.33 Crores by India Business Excellence Fund I and 3,159,149 equity shares aggregating to Rs. 264.16 Crores by India Business Excellence Fund (together, the "investor selling shareholders"); and 486,126 equity shares aggregating to Rs. 40.65 Crores by Pradeep Kumar Agarwal (the "other selling shareholder" and together with the promoter selling shareholder, promoter group selling shareholders, and investor selling shareholders, the "selling shareholders"). The offer includes a reservation of 225,000 equity shares aggregating to Rs. 17.89 Crores (constituting 0.23% of the post- offer paid-up equity share capital of the company) for subscription by eligible employees (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer constitute 11.90% and 11.67%, respectively (subject to finalization of basis of allotment), of the post-offer paid-up equity share capital of the company. The company and the investor selling shareholders in consultation with the book running lead managers ("BRLMs"), offered a Discount of Rs. 42 of the offer price to eligible employees bidding in the employee reservation portion ("employee discount"). The face value of equity shares is Rs. 5 each. Offer Price : Rs. 837 per equity share of face value of Rs. 5 each. The Offer Price is 167.40 times of the face value. Anchor Investor Offer Price : Rs. 837 per equity share.