GNI Infrastructure IPO Details
GNI Infrastructure Limited filed its draft red herring prospectus with SEBI on 15 Jul 2026 and Sebi Approval received on 30 Oct 2026. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- SEBI Approved
- DRHP filed
- 15 Jul 2026
- SEBI Approval
- 30 Oct 2026
- Issue size
- —
- Board
- Mainboard
- Price band
- TBA
GNI Infrastructure IPO status
GNI Infrastructure Limited filed its draft red herring prospectus (DRHP) with SEBI on and SEBI Approval received on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 15 Jul 2026 |
|---|---|
| Days since filing | 111 |
| SEBI observation | 30 Oct 2026 |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
GNI Infrastructure Limited financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹211.03 Cr to ₹338.37 Cr, and profit after tax rose from ₹46.96 Cr to ₹76.12 Cr. The PAT margin for 31 Mar 2025 was 22.50%.
| 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 |
| Net Worth | 436.09 | 386.19 | 249.73 | 202.63 |
| Reserve & Surplus | 317.95 | 363.76 | 228.20 | 182.36 |
| Total Borrowings | 263.24 | 235.01 | 182.96 | 152.92 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| ROE % | 12.55 | 25.25 | 21.84 | 48.61 |
| ROCE % | 12.59 | 20.34 | 19.28 | 32.18 |
| Debt / Equity | 0.61 | 0.60 | 0.73 | 0.75 |
| RoNW % | 12.55 | 25.25 | 21.84 | 48.61 |
| Pat Margin % | 19.85 | 22.50 | 22.25 | 23.31 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| GNI Infrastructure Ltd | 10 | — | 7.88 | 7.88 | 25.25% | 38.24 |
| Srm Contractors Ltd | 10 | 21.03 | 23.97 | 23.97 | 30.07% | 120.09 |
| RPP Infra Projects Ltd | 10 | 4.52 | 14.55 | 14.18 | 13.67% | 115.10 |
| Ceigall India Limited | 5 | 22.45 | 17.04 | 17.04 | 21.62% | 108.97 |
Notes
P/E Ratio has been computed based on the closing market price of equity shares as on June 25, 2026 divided by the Diluted EPS for the year ended March 31, 2025.
Return on Net Worth (%) = Restated Profit/(loss) attributable to owners of the company divided by Average Net Worth. Average Net Worth is calculated as the average of the Net Worth at the end of relevant period/year and beginning of the relevant period/year.
Net Asset Value per share (in ₹) = Net worth at the end of the year/period divided by weighted average number of Equity Shares. Weighted average number of Equity Shares represents the shares used for computing Basic EPS/Diluted EPS.
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital Requirement | 155.33 |
| 2 | General Corporate Purposes | — |
| Total | 155.33 |
About GNI Infrastructure Limited
GNI Infrastructure Ltd. is an infrastructure and engineering company engaged in the design, construction, and execution of a diverse range of infrastructure projects. Its core business focuses on civil construction activities, including roads, highways, bridges, irrigation projects, industrial infrastructure, and other public utility developments for government and private sector clients.
The company provides end-to-end project execution services encompassing engineering, procurement, construction, and project management. It emphasizes quality, timely project completion, and operational efficiency by adopting modern construction techniques and utilizing advanced machinery and equipment. GNI Infrastructure continues to strengthen its execution capabilities through investments in construction equipment, technology, and skilled manpower.
As of December 31, 2025, the company had successfully completed over 50 road infrastructure projects during the preceding five years. These projects encompassed the construction, concreting, asphalting, widening, repair, and maintenance of access roads, diversion roads, service roads, and highways.
As of December 31, 2025, GNI Infrastructure had 18 projects under execution across multiple districts in Maharashtra, comprising 17 road infrastructure projects and one environmental engineering project.
Promoters
Bindra Ravindersingh Khushbirsingh
Harvindersingh Basantsingh Bindra
Bindra Harpreetsingh H
Narindersingh Basantsingh Bindra
Prabjyotsingh Harvindersingh Bindra
Contact details
GNI Infrastructure Ltd.
C/O GN House
3rd Floor, Gut No. 107
Plot No. 07, Renuka Mata Kaman, Satara Parisar
Aurangabad, Maharashtra, 431010
Telephone: +91 77740 06732
E-mail: cs@gniinfra.co.in
Website: www.gniinfra.com
GNI Infrastructure IPO FAQs
- Has GNI Infrastructure IPO filed for an IPO?
- GNI Infrastructure Limited filed its draft red herring prospectus (DRHP) with SEBI on 15 Jul 2026.
- When will the GNI Infrastructure IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the GNI Infrastructure IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.