Bookbuilding IPO | ₹795 Cr | Listed at BSE, NSE | Mon, Jul 31, 2006 - Fri, Aug 4, 2006
GMR Infrastructure IPO is a book build issue of ₹794.63 crores. The issue is entirely a fresh issue of 3.81 crore shares of ₹794.63 crore.
GMR Infrastructure IPO bidding started from Jul 31, 2006 and ended on Aug 4, 2006. The shares got listed on the NSE and the BSE on Aug 21, 2006.
GMR Infrastructure IPO is set final issue price at ₹210 per share.
The issue includes a reservation of up to 5,00,000 shares for employees offered at a discount of ₹10.50 to the issue price.
JP Morgan India Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to GMR Infrastructure IPO RHP for detailed Information.
IPO Open
Mon, Jul 31, 2006
IPO Close
Fri, Aug 4, 2006
Issue Price
₹210 per share
Market Cap (Pre-IPO)
₹6,952.76 Cr
| IPO Date | 31 Jul to 4 Aug, 2006 |
| Listed on | Mon, Aug 21, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹210 to ₹250 |
| Issue Price | ₹210 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 10.50 per share |
| Employee Discount | ₹10.50 |
| Total Issue Size | 3,81,36,980 shares (agg. up to ₹795 Cr) |
| Fresh Issue | 3,81,36,980 shares (agg. up to ₹795 Cr) |
| Share Holding Pre Issue | 29,29,47,020 shares |
| Share Holding Post Issue | 33,10,84,000 shares |
| BSE Script Code / NSE Symbol | 532754 / GMRINFRA |
| ISIN | INE776C01013 |
GMR Infrastructure IPO comprises a total issue size of 3,81,36,980 shares. The net offer to the public is 3,76,36,980 shares, after excluding 5,00,000 shares under a preferential allotment. Of the Net offer 2,25,82,188 (60.00%) are allocated to QIB, 37,63,698 (10.00%) allocated to NII 1,12,91,094 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 2,25,82,188 | 60.00% | 59.21% |
| NII (HNI) Shares Offered | 37,63,698 | 10.00% | 9.87% |
| Retail Shares Offered | 1,12,91,094 | 30.00% | 29.61% |
| Preferential Reservations | |||
| Employee Shares Offered | 5,00,000 | 1.31% | |
| Total Shares Offered | 3,81,36,980 | 100.00% | 100.00% |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1996, GMR Infrastructure Limited is a leading Indian infrastructure development company and the flagship entity of the GMR Group.
The company is engaged in the development, operation, and management of large-scale infrastructure projects across multiple sectors.
Business Segments:
Competitive Strengths:
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 3,916.61 | 2,725.93 | 2,174.82 |
| Total Income | 1,090.06 | 1,021.45 | 1,003.34 |
| Profit After Tax | 70.55 | 69.05 | 68.00 |
| Reserves and Surplus | 305.99 | 280.62 | 219.11 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in various infrastructure SPVs promoted by | |
| 2 | Investment in GHIAL | 102.50 |
| 3 | Investment in Delhi International Airport | 93.20 |
| 4 | Investment in GMR Ambala-Chandigarh | 104.80 |
| 5 | Investment in GMR Pochanpalli | 118.60 |
| 6 | Investment in GMR Jadcherla | 94.80 |
| 7 | Investment in GMR Ulundurpet | 144.90 |
| 8 | Repayment of unsecured loans | 55.00 |
| 9 | Payment to Sundry Creditors, GMR Holdings, the Promoter and GMR Operations, a promoter group company, for acquisition of GVL Investments, an investment company | 289.30 |
| 10 | General Corporate Purposes | |
| 11 | Expenses | 70.00 |
| Total | 1,073.10 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 9.65% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.46% | 79.15% |
| Market Cap | ₹6,952.76 Cr. |
| Price Details |
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| Final Issue Price |
| Open |
| Low |
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| Last Trade |
Lead Manager Reports
GMR Infrastructure IPO is a main-board IPO of 3,81,36,980 equity shares of the face value of ₹10 aggregating up to ₹795 Crores. The issue is priced at ₹210 per share. The minimum order quantity is .
The IPO opens on Mon, Jul 31, 2006, and closes on Fri, Aug 4, 2006.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in GMR Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in GMR Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in GMR Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The GMR Infrastructure IPO opens on Mon, Jul 31, 2006 and closes on Fri, Aug 4, 2006.
GMR Infrastructure IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in GMR Infrastructure IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for GMR Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the GMR Infrastructure IPO allotment status.
The GMR Infrastructure IPO listing date is on .
