B.R.Goyal IPO subscription started on Tuesday, January 7th, 2025, and will close on January 9th, 2025, as per the schedule. The price band is set at ₹128 to ₹135 per share with a face value of ₹10.
B.R.Goyal IPO Subscription Status
B.R.Goyal IPO Subscribed over 1.55x on its First day till 5.00 PM on 7th January 2025.
- B.R.Goyal IPO subscription QIB investors portion is 0 times, while NII subscribed 0.93 times and RII investors subscribed 2.72 times.
- The company has received bids for 65,17,000 shares against 42,10,000 shares on offer on the first day of subscription.
- B.R.Goyal IPO Subscribed over 1.55x on its first day.
About B.R.Goyal Company
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. Over 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 Financial Report
The company reported revenue of ₹596.19 crores in 2024 against ₹353.30 crores in 2023. The company reported a profit of ₹21.89 crores in 2024 against a Profit of ₹17.34 crores in 2023.
B.R.Goyal IPO GMP:
B.R.Goyal IPO GMP was ₹45 as of Tuesday, January 7th. That indicates the IPO is trading at ₹190 with ₹45 premium in the grey market against the issue price of ₹135.
