G R Infraprojects Limited which had tapped the capital markets with its offer for sale of 1,15,08,704 equity shares, was subscribed 102.58 times. The company received excellent support from all the categories of investors. The issue had opened on Wednesday the 7th of July and closed on Friday the 9th of July. The price band was Rs 828-837.

Earlier the company had allotted 33,85,110 shares at Rs 837 to 22 anchor investors comprising of 47 entities. The highest allocation was made to Smallcap World Fund who was allotted 6,21,282 shares forming 18.35% of the anchor allocation. This was followed by ICICI who was allotted 2,21,051 shares or 6.51% of the anchor allocation. This was followed by an equal allocation of 2,03,099 shares or 6% to 4 investors where one was an FPI and three were domestic entities. These were Abu Dhabi Investment Authority, Nippon India, SBI Mutual Fund and HDFC Mutual Fund.

The top six anchor investors were allotted a total of 16,54,729 equity shares or 48.86% of the anchor book.

The QIB portion was subscribed 168.58 times, HNI portion was subscribed 238.04 times and Retail portion was subscribed 12.57 times. Employee portion was subscribed 1.37 times. There were 23.80 lac applications and on basis of lots the retail portion was subscribed 10.25 times.

The issue garnered subscription of over Rs 70,100 crs. The HNI portion received bids for Rs 33,763 crs.

The full details of the subscription are given below: –