B.R.Goyal IPO Details
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹128 to ā¹135 Per Share |
| Issue Size: | Approx ā¹85.21 Crores |
| Fresh Issue: | Approx ā¹85.21 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
B.R.Goyal IPO Market Lot
The B.R.Goyal IPO minimum market lot is 1000 shares with ā¹1,35,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,000 | ā¹1,35,000 |
| Retail Maximum | 1 | 1,000 | ā¹1,35,000 |
| S-HNI Minimum | 2 | 2,000 | ā¹2,70,000 |
B.R.Goyal IPO Dates
The B.R.Goyal IPO date is January 7 and the close date is January 9. The B.R.Goyal IPO allotment will be finalized on January 10 and the IPO listing on January 14.
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Basis of Allotment: | January 10, 2025 |
| Refunds: | January 13, 2025 |
| Credit to Demat Account: | January 13, 2025 |
| IPO Listing Date: | January 14, 2025 |
Promoters of B.R.Goyal IPO
The promoters of the company are Mr. Brij Kishore Goyal, Mr. Balkrishna Goyal, Mr. Gopal Goyal, Mr. Rajendra Kumar Goyal, Mr. Yash Goyal, Mr. Uppal Goyal and M/S. B.R. Goyal Holdings Private Limited.
About B.R.Goyal IPO
BR Goyal Infrastructure Limited Founded on August 4, 1986, is one of the leading companies specializing in the construction and development of infrastructure projects like roads, highways, bridges, and buildings. Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram, and Manipur are some of the states they operate their business. BR Goyal infrastructure also helps provide EPC services to third parties by offering them the construction of roads & Highways, commercial complexes, industrial parks, housing projects, and HAM projects. Wind power generation, manufacturing of Ready-Mix Concrete (RMC), and Toll Collection Contracts (TCC) are also some of the services the company also involved with. Across the years, they have tried to enhance and support their business by building robust EPC services and construction businesses with added various facilities. In 2005, the company first time stepped into the wind energy business and installed a 1.25 MW wind turbine in Jaisalmer, Rajasthan. In the Fiscal year that ended on March 31, 2024, the company generated Rs. 58,875.91 lakh in revenue from operations respectively.
B.R.Goyal IPO Company Financial Report
The company reported revenue of ā¹596.19 crores in 2024 against ā¹353.30 crore in 2023. The company reported profit of ā¹21.89 crores in 2024 against Profit of ā¹17.34 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹228.63 | ā¹218.51 | ā¹7.56 | ā¹203.39 |
| 2023 | ā¹353.30 | ā¹330.05 | ā¹17.34 | ā¹197.26 |
| 2024 | ā¹596.19 | ā¹567.54 | ā¹21.89 | ā¹239.49 |
| July 2024 | ā¹156.86 | ā¹154.18 | ā¹1.94 | ā¹270 |
B.R.Goyal IPO Valuation – FY2024
Check B.R.Goyal IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 19.09% |
| ROCE: | 21.80% |
| EBITDA Margin: | 5.61% |
| PAT Margin: | 3.78% |
| Debt to equity ratio: | 0.39 |
| Earning Per Share (EPS): | ā¹12.57 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19% |
| Net Asset Value (NAV): | ā¹144.27 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Teerth Gopicon Limited | 18.49 | 27.96 | 59.96% | 24.10 | – Cr. |
| Udayshivkumar Infra Limited | 5.54 | 13.53 | 17.22% | 31.60 | – Cr. |
Objects of the Issue
- Funding capital expenditure requirement of the company
- Funding Working Capital Requirement of the Company
- Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes
B.R.Goyal IPO Review
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B.R.Goyal IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
B.R.Goyal Infrastructure Limited
3-A
Agrawal Nagar,
Indore 452001,
Phone: +91-731 2403831
Email: [email protected]
Website: http://www.brginfra.com/
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Note: The B.R.Goyal IPO price band and date are officially announced. The (B.R.Goyal IPO grey market premium) will be added to the IPO GMP page as it will start).
