G R Infraprojects is an integrated road engineering, procurement, and construction company with experience in designing and construction activities and road/highway projects. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector but also diversified into manufacturing activities of thermoplastic road-making paints, electric poles, road signages, and fabricating metal crash barriers. It recently diversified into projects in the railway sector. The company also has experience in constructing state and national highways, bridges, culverts, flyovers, airport runways, tunnels and rail over-bridges.
Its principal business operations are broadly divided into three categories. Civil construction activities under which it provides EPC services; development of roads, highways on a build operate transfer (BOT) basis, including under annuity and hybrid annuity model (HAM); and manufacturing activities. Under the manufacturing activities, the company processes bitumen, manufactures thermoplastic road-marking paint, electric poles and road signage and fabricates and galvanizes metal crash barriers.
As of April 2021, it has completed 100+ road construction projects successfully, and currently, 4 Build Operate Transfer (BOT) projects are under construction. The company owns 3 manufacturing facilities at Udaipur (Rajasthan), Guwahati (Assam), and Sandila (Uttar Pradesh) and has a fabricating and galvanization unit at Ahmedabad, Gujarat. Being an offer for sale, the company will not receive any proceeds from the IPO. All the money (excluding issue expenses) will go to selling shareholders.
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