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IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹10 per share
  • Price Band
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    3,04,17,854 shares (agg. up to ₹[.] Cr)
  • Fresh Issue
    2,10,29,642 shares (agg. up to ₹[.] Cr)
  • Offer for Sale
    93,88,212 shares of ₹10 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    9,99,70,358 shares
  • Share Holding Post Issue
    12,10,00,000 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Wed, Jul 15, 2026
SEBI/Exchange approval received Fri, Oct 30, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About GNI Infrastructure Ltd.

GNI Infrastructure Ltd. is an Infrastructure and Engineering company engaged in the design, construction, and execution of a wide range of infrastructure projects.

The company primarily undertakes civil construction works, including roads, highways, bridges, irrigation projects, industrial infrastructure, and other public utility developments for government and private sector clients.

The company offers end-to-end project execution capabilities, covering engineering, procurement, construction, and project management. It focuses on delivering projects with an emphasis on quality, timely completion, and operational efficiency while leveraging modern construction techniques and equipment. GNI Infrastructure also works on strengthening its execution capabilities through investments in machinery, technology, and skilled manpower.

As of December 31, 2025, they have successfully completed over 50 road infrastructure projects during the last five years comprising construction, concreting, asphalting, widening, repair, and maintenance of access roads, diversion roads, service roads and highways.

As of December 31, 2025, they had 18 projects under execution across multiple districts in Maharashtra, including 17 road projects and 1 environmental engineering project.

Competitive Strengths:

  • Established order book supported by government and public sector client base
  • Operational efficiency through ownership of a large and diverse construction equipment fleet
  • Focused Geographic Presence with Project Clustering in Maharashtra
  • Stable profitability margins and improving financial position
  • Experienced Promoters and Senior Management with Domain Expertise

Company Financials (Restated Consolidated)

Period Ended 31 Dec 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 796.80 687.03 469.85 383.29
Total Income 250.15 338.37 211.03 323.48
Profit After Tax 49.66 76.12 46.96 75.41
EBITDA 87.64 108.64 63.58 110.41
NET Worth 436.09 386.19 249.73 202.63
Reserves and Surplus 317.95 363.76 228.20 182.36
Total Borrowing 263.24 235.01 182.96 152.92

(Amount in ₹ Crore)

Recently Listed IPOs in Civil Construction

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Vishal Nirmiti Ltd. Mainboard ₹178.00 Cr ₹220 17.45 ₹204.25 -7.16% ₹100.96
Swastika Infra Ltd. Mainboard ₹160.87 Cr ₹185 11.78 ₹210.00 +13.51% ₹197.46
LCC Projects Ltd. Mainboard ₹427.14 Cr ₹146 13.87 ₹170.10 +16.51% ₹133.13

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding of Working Capital Requirement
    155.33
  • 2 General Corporate Purposes
  • 3 Total
    155.33

Key Performance Indicator (KPI)

KPI Dec 31, 2025 Mar 31, 2025
ROE 12.55% 25.25%
ROCE 12.59% 20.34%
Debt/Equity 0.61 0.60
RoNW 12.55% 25.25%
PAT Margin 19.85% 22.50%
EBITDA Margin 37.81% 35.15%
NAV 41.80 38.23

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 92.73%
Public 7.27%
Total 100%

Company Promoters: Bindra Ravindersingh Khushbirsingh, Harvindersingh Basantsingh Bindra, Bindra Harpreetsingh H, Narindersingh Basantsingh Bindra and Prabjyotsingh Harvindersingh Bindra.

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered
Bindra Ravindersingh Khushbirsingh Promoter 31,96,918
Harvindersingh Basantsingh Bindra Promoter 14,98,920
Bindra Harpreetsingh H Promoter 14,05,239
Narindersingh Basantsingh Bindra Promoter 14,97,001
Prabjyotsingh Harvindersingh Bindra Promoter 14,05,239
📰 GNI Infrastructure Ltd. – News Updates
  • GNI Infrastructure Ltd. Files DRHP: Check Issue Size and Key Details

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. SMC Capitals Ltd.
  2. Marwadi Chandarana Intermediaries Brokers Pvt.ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

GNI Infrastructure Ltd. Address
C/O GN House
3rd Floor, Gut No. 107
Plot No. 07, Renuka Mata Kaman, Satara Parisar
Chhatrapati Sambhajinagar, Maharashtra, 431010

IPO FAQs

GNI Infrastructure IPO is a main-board IPO of 3,04,17,854 equity shares of the face value of ₹10. The price band and the minimum order quantity are yet to be announced.

The GNI Infrastructure IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in GNI Infrastructure IPO using UPI as a payment gateway. Angel One customers can apply in GNI Infrastructure IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in GNI Infrastructure IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘GNI Infrastructure IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The GNI Infrastructure IPO dates are not announced. Please check back again after some time.

GNI Infrastructure IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in GNI Infrastructure IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for GNI Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the GNI Infrastructure IPO allotment status.

The GNI Infrastructure IPO listing date is not yet announced. The tentative date of listing is .

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