G R Infraprojects IPO GMP History
G R Infraprojects IPO has been listed on July 19, 2021 at a listing price of ₹1715.85, against the issue price of ₹837 — a gain of ₹878.85 (+105%). The GMP peaked at ₹520 on 17 July 2021 and reached a low of ₹340 on 2 July 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
G R Infraprojects IPO raised ₹962.37 Cr. through its IPO at a price band of ₹828 to ₹837 per share, with a lot size of 17 shares. The IPO was open for subscription from 07 Jul 2021 to 09 Jul 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:18 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 17 Jul 2021 | ₹ 520 | — | 62% | — | — |
| 16 Jul 2021 | ₹ 520 | ▲ | 62% | — | — |
| 15 Jul 2021 | ₹ 500 | ▲ | 60% | — | — |
| 14 Jul 2021 | ₹ 470 | ▲ | 56% | — | — |
| 13 Jul 2021 | ₹ 450 | ▲ | 54% | — | — |
| 12 Jul 2021 | ₹ 440 | ▲ | 53% | — | — |
| 10 Jul 2021 | ₹ 400 | — | 48% | — | — |
| 09 Jul 2021 | ₹ 400 | — | 48% | — | — |
| 08 Jul 2021 | ₹ 400 | ▼ | 48% | — | — |
| 07 Jul 2021 | ₹ 420 | ▲ | 50% | — | — |
| 06 Jul 2021 | ₹ 400 | ▲ | 48% | — | — |
| 05 Jul 2021 | ₹ 380 | — | 45% | — | — |
| 03 Jul 2021 | ₹ 380 | ▲ | 45% | — | — |
| 02 Jul 2021 | ₹ 340 | — | 41% | — | — |
G R Infraprojects IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 07 Jul 2021
- Close 09 Jul 2021
- Allotment 14 Jul 2021
- Refund/credit 15 Jul 2021
- Listing 19 Jul 2021
G R Infraprojects IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹837 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1357 (+62.1%) |
| Listing gain / loss | +₹878.85 per share |
| Listing date | 19 Jul, 2021 |
| Actual listing price | ₹1715.85 (+105%) |
Is G R Infraprojects IPO GMP reliable?
Grey market premium for G R Infraprojects IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the G R Infraprojects IPO full review for a fundamentals-based assessment before making any grey market trades.
G R Infraprojects IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for G R Infraprojects IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About G R Infraprojects IPO
G R Infraprojects Limited was incorporated in December 1995. It designs and builds road and highway projects across 15 states in India and has recently moved into railway projects.
It works in three areas. It provides EPC services for civil construction, develops roads and highways on BOT basis, including annuity and Hybrid Annuity Model projects, and runs manufacturing units that process bitumen, make thermoplastic road-marking paint, electric poles and road signage, and fabricate metal crash barriers.
One of its first projects, for the Public Works Department in Rajasthan in 1997, had a bid project cost of Rs 26.50 million. In 2020 NHAI awarded it part of the Vadodara Mumbai Expressway on HAM basis with a bid project cost of Rs 27,470.00 million. It has plants at Udaipur, Guwahati and Sandila, and a fabrication and galvanising unit at Ahmedabad.
The IPO was Rs 962.37 crore and was entirely an offer for sale, so the company received none of the money.
Frequently asked
What is the GMP of G R Infraprojects IPO?
The current Grey Market Premium (GMP) of G R Infraprojects IPO is ₹ 520.
What is the Kostak Price of G R Infraprojects IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for G R Infraprojects IPO is not available.
What is the Subject to Sauda Price of G R Infraprojects IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of G R Infraprojects IPO?
G R Infraprojects IPO listed on July 19, 2021 at ₹1715.85, against the issue price of ₹837 — a gain of +105%.
How did the GMP of G R Infraprojects IPO trend before listing?
The GMP of G R Infraprojects IPO was stable in its final days before listing. The GMP peaked at ₹520 on 17 July 2021. View the day-wise table above for the complete GMP history.
Explore G R Infraprojects IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
