Clean Science and Technology and GR Infraprojects will be launching their share-sale offerings next week in order to raise a little more than Rs 2,500 crore. Image: ShutterstockLive bseVolume Todays L/H - nse Live Volume TodaysGeojit IPO Report on G R InfraprojectsG R Infraprojects Ltd. (GRIL), is an integrated road engineering procurement and construction (EPC), with extensive experience in designing and building various roads/highways across India. Recently, GRIL has diversified into the railway sector. GRIL was founded in 1995. Its main business activities include: (i) civil construction activities and providing EPC services; and (ii). development of roads, highways under a Build Operate Transfer basis (BOT), including under annuity or Hybrid Annuity Models (HAM); and (iii). manufacturing activities.Outlook and ValuationWe give a Subscribe rating with a long-term perspective. Growth in order book, execution pick up, diversification to other industries like railways provide visibility for future growth.Click here to see all IPO storiesDisclaimer: Investment experts/broking houses/rating agents on moneycontrol.com may express opinions and offer investment tips. These views are not the opinions of the website. Moneycontrol.com recommends that users consult certified experts before making any investment decisions.Continue reading
