May 3 2018 | India Opportunities

GR Infraprojects to raise Rs 1800 crore through IPO

GR Infraprojects is one of the leading integrated road EPC companies in India. The company is into construction of state and national highways, bridges, flyovers, rail over bridges and airport runways. The company plans to raise fund through an IPO. The aim is to raise Rs 1,800 crore through initial public offering and use the proceeds to purchase equipment for EPC business, repayment of debts, invest in certain subsidiaries and so on.