GR Infraprojects IPO - Well Placed To Benefit From The Growth In The Sector: Anand Rathi

Construction worker guides a crane carrying lumber.  (Photographer: Bing Guan/Bloomberg).

GR Infraprojects IPO - Well Placed To Benefit From The Growth In The Sector: Anand Rathi


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

GR Infraprojects Ltd. is an integrated road engineering, procurement and construction company.

The company has experience in design and construction of various road/highway projects across 15 States in India and having recently diversified into projects in the railway sector.

The principal business operations are broadly divided into three categories:

1. civil construction activities, under which they provide EPC services;

2. development of roads, highways on a build-operate-transfer basis, including under annuity and hybrid annuity model; and

3. manufacturing activities, under which they process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.

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Anand Rathi IPO Note GR Infraprojects Ltd .pdf


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