GMR Airports Ltd is preparing to launch an IPO in June 2018. GMR Airports Limited has four new projects on airports – in Goa, Hyderabad, Philippines and Greece. The company is trying to raise a fund for their new and ongoing projects, private equity investors and to pay off debts. This article provides the details about the GMR Airports IPO size, GMR Airports IPO object, background of the company, the investors and the financial performance of the company.

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GMR Airports IPO Review & Ratings

GMR Airports IPO Ratings & Review
CriteriaRatings
Industry Sentiments7.2/10
Industry Ranking7.1/10
Company Background7.2/10
Company Reputation7.4/10
Competitive Edge7.3/10
Financial Statements7.2/10
Popularity Index7.4/10
Promoters Reputation7.1/10
Retail Appetite7.5/10
Top Brokers Review7.3/10
Overall Ratings7.3/10
Star Ratings★★★☆☆

Summary of GMR Airports IPO

GMR Airports IPOGMR Airports Limited is soon going to release an IPO buy mid-year. The main purpose of releasing this IPO is to fulfill its equity commitment and debt reduction. GMR Airports Limited is one of the subsidiary of GMR Infrastructure Limited. GMR Airports Ltd is a New Delhi based company that operates one of the largest airports in India. As of now GMR Airports Ltd share movement is going great and the possibilities of benefits from this IPO is higher.

In the coming future India will require around $45 Billion by 2030 to construct airports for 500 to 600 million capacity to construct 55 new airports (according to CAPA). GMR is set to build a new airport in Goa this year probably that may cost around Rs 3000 crore. The company is looking to raise 3000 to 5000 crore through this IPO. Perhaps, the annual revenue cross around Rs 6,000 crore.

The lead managers of the IPO and the registrar of the IPO are yet to be disclosed. The details would be included herein shortly.


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    GMR Airports IPO Date

    The GMR Airports IPO is expected to be in market before the end of this calendar year. The company initiated the talks and the process of draft red herring prospectus in the year 2017, so the IPO is expected to be out soon.

    GMR Airports IPO Subscription

     Subscription
    Day 1 X
    Day 2 X
    Day 3 X
    Day 4 X
    Day 5 X

    The details of shares being subscribed would be updated on a daily basis upon release of the IPO.

    GMR Airports IPO Allotment Status

    The details of shares allotted against the subscription would be updated once the allotment process is completed. The details would be accordingly updated.

    GMR Airports IPO Price Band

    The price offered under the IPO is generally decided during the book building process. The IPO price has not been released yet. The details would be shortly updated in this section.

    GMR Airports IPO Issue Size

    The GMR Airports IPO size is expected to be close to Rs. X crores. However, this is just an indicative number and the actual number would be updated once the IPO details are finalized by the Company. Please revisit us for the latest updates.

    GMR Airports IPO Equity Share Offerings

    The number of shares being sold off by the existing investors is not disclosed yet.


    GMR Airports Ltd – Company Overview

    GMR Airports Ltd is one of the verticals under GMR Group. GMR Airports Ltd is the owner of Delhi International Airport and Hyderabad International Airport. This company is also developing another airport in Goa which is known as Goa Greenfield airport at Mopa. This is the only Group of Company in India that develops and operates airports in India and abroad. This company is also developing an airport in Philippines with one of its partner and that Airport is the second largest airport in Philippines, known as Mactan Cebu International Airport.

    Key members of GMR Group:

    Mr. G M Rao, Group Chairman – GMR Group
    Mr. Srinivas Bommidala, Chairman – Airports
    Mr. G B S Raju, Chairman – Energy
    Mr. Kiran Kumar Grandhi, Corporate Chairman
    Mr. B.V.N. Rao, Chairman – Transportation & Urban Infrastructure

    Competitive Strengths of GMR Airports Ltd

    Business strategy of GMR Airports Ltd


    GMR Airports Ltd – Financial Statements

    A summary of the financial position of the company is presented below:

    Assets of the Company

    Assets (in INR & Millions)
     Mar’17Mar’16Mar’15Mar’14Mar’13
    Non-Current Asset
    Current Asset
    Total Asset

    The details would be updated shortly.

    Revenue & PAT of the Company

    Revenue & Profits (in INR & Millions)
     Mar’17Mar’16Mar’15Mar’14Mar’13
    Total Revenue
    Profit after Tax (PAT)

    The details would be updated shortly.

    Earnings per Equity Share

    Earning per Equity Share (in INR)
     Mar’17Mar’16Mar’15Mar’14Mar’13
    Basic
    Diluted

    The details would be shortly updated herein and an analysis of the same would also be presented.


    GMR Airports IPO Promoters

    The details of the promoters would be shortly updated.

    Promoter Interest in the company.

    The details of the interest held by the promoters in the company would be updated in a few days.

    Promoter Interest in property of the company

    These details would be updated shortly.


    GMR Airports IPO Offer Details or Issue Details

    OfferThe offer is expected to be close to Rs X crores.
    Of which
    Issue reserved for the Market Makers
    Net Issue to the public
    Of which
    Allotment to retail investors
    Allotment to other investors
    Equity Shares outstanding prior to the offer
    Equity Shares outstanding after the Offer

     


    GMR Airports IPO Issue Object

    Will be declared and updated soon.


    List of Upcoming IPOs in 2018


    GMR Airports IPO – Basis of the Offer Price

    The IPO offer price is determined by the company and the lead managers by market evaluation and book building process. The price is also influenced by various qualitative and quantitative factors. Some such factors are discussed below.

    The qualitative factors relevant to decide the issue price:

    • Established since long
    • Has survived a few cycles of economies
    • Collaboration with big brands

    The quantitative factors relevant for the issue price are:

    • Earning per share
    • Price/earning ratio
    • Return on Net Worth
    • Net Asset Value – NAV per Equity Share

    List of Latest IPOs of 2018

     


    GMR Airports IPO Lead Managers

    Lead Managers
    To be updated shortly

    GMR Airports IPO Registrar to offer

    Registrar to offer
    To be updated shortly

    GMR Airports IPO Review by Top 10 Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking
    Sharekhan
    Kotak Securities
    ICICI Direct
    IIFL
    Edelweiss
    Zerodha
    5Paisa
    Karvy
    Motilal Oswal

    The ratings would be updated once the financials and the other details of the IPO are released.


    GMR Airports IPO Grey Market Premium

    Grey market for GMR Airports IPO would open 15 days before the release of the IPO.


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      GMR Airports IPO News

      News 1 : GMR Airports IPO to be up by mid of  2018


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