B.R. Goyal Infrastructure Ltd IPO: Details, Review, and Insights
B.R. Goyal Infrastructure Ltd is set to launch its IPO from January 7, 2025, to January 9, 2025. This IPO, listed on the BSE SME platform, aims to raise ₹85.21 crores. Here’s a detailed overview, including subscription status, price band, GMP, and key business insights.
B.R. Goyal Infrastructure Ltd IPO Details:
- IPO Dates: January 7, 2025 – January 9, 2025
- Price Band: ₹128 to ₹135 per share
- Minimum Lot Size: 1,000 shares
- Issue Size: 63.12 lakh shares (₹85.21 crore)
- Listing Date: January 14, 2025
- Market Maker: 3.16 lakh shares
Business Overview:
Established in 2005, B.R. Goyal Infrastructure Ltd operates in the infrastructure domain, focusing on:
- EPC Projects: Roads, highways, and civil construction.
- Ready-Mix Concrete (RMC): Environmentally conscious RMC production.
- Wind Power Generation: A 1.25 MW windmill in Rajasthan.
- Toll Collection Contracts (TCC): Spread across multiple states.
- Residential Plotting: Recent projects include BRG Hill View-II in Indore.
Financial Performance:
The company has shown steady growth with key financial highlights:
- Revenue (FY 2024): ₹59,619.2 lakhs
- Profit After Tax (FY 2024): ₹2,188.91 lakhs
- Net Worth: ₹12,666.79 lakhs
Competitive Strengths:
- Established presence in the roads and highways sector.
- Strong project portfolio and order book.
- Advanced technology and efficient project management.
- Experienced management team.
GMP & Subscription Status:
- Grey Market Premium (GMP): Early indications suggest a positive trend.
- Subscription Status: Retail investors and QIBs show significant interest.
Key Dates to Remember:
| Event | Date |
| IPO Open | January 7, 2025 |
| IPO Close | January 9, 2025 |
| Allotment Finalization | January 10, 2025 |
| Refunds Initiated | January 13, 2025 |
| Demat Transfer | January 13, 2025 |
| Listing Date | January 14, 2025 |
FAQs
1. What is the price band for the B.R. Goyal IPO?
The price band for the IPO is set at ₹128 to ₹135 per share.
2. How can I check the B.R. Goyal IPO subscription status?
You can track the subscription status on the BSE SME website or through your broker’s platform.
3. What is the minimum investment required for retail investors?
Retail investors need a minimum investment of ₹1,35,000 for one lot (1,000 shares).
4. What does the B.R. Goyal Infrastructure Ltd business include?
The company focuses on EPC projects, RMC production, wind power, toll collection, and residential plotting projects.
5. When will the B.R. Goyal IPO list on the stock exchange?
The IPO is expected to list on January 14, 2025, on the BSE SME platform.
6. Is B.R. Goyal Infrastructure Ltd profitable?
Yes, the company reported a profit of ₹2,188.91 lakhs in FY 2024.
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