GNI Infrastructure Ltd. IPO Details
GNI Infrastructure was incorporated on November 25, 1980. The company has over four decades of experience in road infrastructure construction, specializing in the construction, widening, upgradation, repair, and maintenance of roads and highways in Maharashtra. It primarily executes projects under EPC and item-rate contracts, offering end-to-end project execution and maintenance services
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 30.4 M | - | - | ₹0 | DRHP DOC |
GNI Infrastructure issue details
GNI Infrastructure has 30.4 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
GNI Infrastructure IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
GNI Infrastructure NUMBER OF SHARES ON OFFER
GNI Infrastructure FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 231.8 | 49.7 | 42.4 | 4.6 | 37.8% |
| FY25 | 309.1 | 76.1 | -39.6 | -104.4 | 35.2% |
| FY24 | 182.1 | 47.0 | -8.2 | -13.5 | 34.9% |
| FY23 | 309.9 | 75.4 | -7.3 | -14.1 | 35.6% |
GNI Infrastructure INFORMATION ON IPO ISSUE
About GNI Infrastructure
GNI Infrastructure was incorporated on November 25, 1980. The company has over four decades of experience in road infrastructure construction, specializing in the construction, widening, upgradation, repair, and maintenance of roads and highways in Maharashtra. It primarily executes projects under EPC and item-rate contracts, offering end-to-end project execution and maintenance services
Object of the Issue
- Funding of working capital requirement of the company
- General corporate purposes
GNI Infrastructure - PROMOTERS
| Name |
|---|
| Bindra Ravindersingh Khushbirsingh |
| Harvindersingh Basantsingh Bindra |
| Bindra Harpreetsingh H |
| Narindersingh Basantsingh Bindra |
| Prabjyotsingh Harvindersingh Bindra |
GNI Infrastructure - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Bindra Ravindersingh Khushbirsingh | Chairman & Managing Director |
| Harvindersingh Basantsingh Bindra | Executive Director & Chief Executive Officer |
| Bindra Harpreetsingh H | Whole Time Director |
| Meena Piyush Sinha | Non-Executive Independent Director |
| Sriram Singh | Non-Executive Independent Director |
| Siddiqui Javeed Mahmood | Non-Executive Independent Director |
GNI Infrastructure Book Running Lead Manager
SMC Capitals Limited
gni.ipo@smccapitals.com
Marwadi Chandarana Intermediaries Brokers Private Limited
mb@marwadichandarana.com
GNI Infrastructure Registrar to the Offer
KFin Technologies Limited
gniinfrastructure.ipo@kfintech.com
GNI Infrastructure Strengths
Public sector client base
The company has a strong order book backed by extensive experience in executing infrastructure projects for government and public sector clients across Maharashtra. Its long-standing track record in public sector contracts enhances its eligibility for larger projects and provides strong revenue visibility
Diverse construction equipment
The company owns a large fleet of construction machinery, enabling faster project execution, better schedule control, and reduced reliance on third-party equipment. Its in-house equipment supports cost efficiency, concurrent project execution, and flexible deployment across multiple sites in Maharashtra
Geographical advantage
The company focuses on executing projects within familiar regions of Maharashtra, allowing efficient deployment of manpower, equipment, and supply chain resources. This geographic clustering improves operational efficiency, reduces costs, and enhances the utilization of its construction machinery across multiple projects
GNI Infrastructure Risks
Depend on third party suppliers
The company depends on third-party suppliers for key construction materials, making its operations vulnerable to price fluctuations, supply shortages, and delivery delays. Any disruption in the availability or cost of these inputs could adversely affect project execution, profitability, and financial performance
Competitive bidding risks
The company relies heavily on competitive bidding to secure projects, making its growth dependent on meeting qualification criteria and submitting competitive bids. Increased competition, aggressive pricing, or inaccurate cost estimates could reduce order inflows, compress margins, and adversely affect business performance
Manpower intensive
The company’s operations are manpower intensive and depend on the availability of skilled engineers, operators, drivers, and site personnel for efficient project execution. Any difficulty in attracting, retaining, or managing its workforce, or any labor disruption, could adversely affect operations and financial performance
IPO FAQs
The promoters of the company are Bindra Ravindersingh Khushbirsingh, Harvindersingh Basantsingh Bindra, Bindra Harpreetsingh H, Narindersingh Basantsingh Bindra and Prabjyotsingh Harvindersingh Bindra.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.