B.R.Goyal IPO Date, Review, Price, Allotment Details

B.R.Goyal IPO open date is January 7, 2025 and the IPO will close on January 9, 2025. B.R.Goyal IPO is a Book Built Issue. The company to raise around ₹85.21 crores via IPO that comprises fresh issue of ₹85.21 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

B.R.Goyal IPO price band is ₹128 to ₹135 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. B.R.Goyal IPO to list on BSE on January 14, 2025. The allotment of B.R.Goyal IPO date is January 10, 2025.

The company reported revenue of ₹596.19 crores in 2024 against ₹353.30 crore in 2023. The company reported profit of ₹21.89 crores in 2024 against Profit of ₹17.34 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

BR Goyal Infrastructure IPO

B.R.Goyal IPO Details

IPO Open Date:January 7, 2025
IPO Close Date:January 9, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹128 to ₹135 Per Share
Issue Size:Approx ₹85.21 Crores
Fresh Issue:Approx ₹85.21 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 ₹1,35,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,000₹1,35,000
Retail Maximum11,000₹1,35,000
S-HNI Minimum22,000₹2,70,000

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 ₹596.19 crores in 2024 against ₹353.30 crore in 2023. The company reported profit of ₹21.89 crores in 2024 against Profit of ₹17.34 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹228.63₹218.51₹7.56₹203.39
2023₹353.30₹330.05₹17.34₹197.26
2024₹596.19₹567.54₹21.89₹239.49
July 2024₹156.86₹154.18₹1.94₹270

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.

KPIValues
ROE:19.09%
ROCE:21.80%
EBITDA Margin:5.61%
PAT Margin:3.78%
Debt to equity ratio:0.39
Earning Per Share (EPS):₹12.57 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):19%
Net Asset Value (NAV):₹144.27

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Teerth Gopicon Limited18.4927.9659.96%24.10– Cr.
Udayshivkumar Infra Limited5.5413.5317.22%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/

B.R.Goyal IPO FAQs

What is B.R.Goyal IPO?

B.R.Goyal IPO is a SME IPO. The company is going to raise ₹85.21 Crores via IPO. The issue is priced at ₹128 to ₹135 per equity share. The IPO is to be listed on BSE..

When B.R.Goyal IPO will open for subscription?

The IPO is to open on January 7, 2025 for QIB, NII, and Retail Investors. The IPO will close on January 9, 2025.

What is B.R.Goyal IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the B.R.Goyal IPO?

You can apply for B.R.Goyal IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is B.R.Goyal IPO Issue Size?

B.R.Goyal IPO issue size is ₹85.21 crores.

What is B.R.Goyal IPO Price Band?

B.R.Goyal IPO Price Band is ₹128 to ₹135.

What is B.R.Goyal IPO Lot Size?

The minimum bid is 1000 Shares with ₹1,35,000 amount.

What is the B.R.Goyal IPO Allotment Date?

B.R.Goyal IPO allotment date is January 10, 2025.

What is the B.R.Goyal IPO Listing Date?

B.R.Goyal IPO listing date is January 14, 2025. The IPO is to list on BSE.

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).
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