Goel Construction IPO Details
| IPO Open Date: | September 2, 2025 |
| IPO Close Date: | September 4, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹250 to ₹262 Per Share |
| Issue Size: | Approx ₹99.77 Crores |
| Fresh Issue: | Approx ₹80.81 Crores |
| Offer for Sale: | Approx 7,23,600 Equity Shares |
| Lot Size: | 400 Shares |
| 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 |
Goel Construction IPO Market Lot
The Goel Construction IPO minimum market lot is 800 shares with ₹2,09,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ₹2,10,400 |
| Retail Maximum | 2 | 800 | ₹2,10,400 |
| S-HNI Minimum | 3 | 1200 | ₹3,15,600 |
| S-HNI Maximum | 9 | 3,600 | ₹9,46,800 |
| B-HNI Minimum | 10 | 4,000 | ₹10,52,000 |
| Employee Minimum | 2 | 800 | ₹2,10,400 |
| Employee Maximum | 4 | 1,600 | ₹4,20,800 |
Goel Construction IPO Dates
The Goel Construction IPO date is September 2 and the close date is September 4. The Goel Construction IPO allotment will be finalized on September 5 and the IPO listing on September 9.
| IPO Open Date: | September 2, 2025 |
| IPO Close Date: | September 4, 2025 |
| Basis of Allotment: | September 5, 2025 |
| Refunds: | September 8, 2025 |
| Credit to Demat Account: | September 8, 2025 |
| IPO Listing Date: | September 9, 2025 |
Promoters of Goel Construction IPO
The promoters of the company are Mr. Purushottam Dass Goel, Mr. Arun Kumar Goel, Mr. Naresh Kumar Goel, Mr. Ratan Kumar Goel, Mr. Amit Goel, Mr. Anuj Goel, Mr. Ashwani Goel, Mr. Chinmay Goel, Mr. Mohak Goel, Mrs. Soni Goel, Mrs. Isha Goel, Mrs. Nirmala Goel, and Mrs. Suman Goel.
About Goel Construction IPO
Goel Construction Company Limited (GCCL), founded in 1997, is one of the growing companies involved in construction and infrastructure projects. Goel Construction mainly specializes in civil and structural works, having experience in sectors like cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects. Strong order book and long-standing relationship with customers are some of the strengths of the company.
So far, the company has completed 18 projects worth ₹1,03,320.40 lakhs in various locations, including Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, and Karnataka. As of February 28, 2025, the company is working on 14 ongoing projects across 7 states. The company includes 1168 permanent employees as of February 28, 2025.
Goel Construction IPO Company Financial Report
The company reported revenue of ₹594.34 crores in 2025 against ₹388.79 crores in 2024. The company reported profit of ₹38.32 crores in 2025 against profit of ₹22.64 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹272.94 | ₹254.06 | ₹14.30 | ₹205.04 |
| 2024 | ₹388.79 | ₹358.47 | ₹22.64 | ₹219.51 |
| 2025 | ₹594.34 | ₹542.90 | ₹38.32 | ₹265.09 |
Goel Construction IPO Valuation – FY2025
Check Goel Construction 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: | 34.09% |
| ROCE: | 33.69% |
| EBITDA Margin: | 9.81% |
| PAT Margin: | 6.50% |
| Debt to equity ratio: | 0.22 |
| Earning Per Share (EPS): | ₹33.72 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.09% |
| Net Asset Value (NAV): | ₹115.78 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Power Mech Projects Limited | 95.05 | 33.03 | 14.27% | 665.90 | – Cr. |
| Suntech Infra Solutions Limited | 7.98 | 8.77 | 24.05% | 32.74 | – Cr. |
| Ahluwalia Contracts (India) Limited | 30.08 | 31.52 | 11.19% | 268.71 | – Cr. |
Objects of the Issue
- Capital expenditure towards purchase of additional equipments and fleets
- Repayment / prepayment of certain outstanding borrowings availed by the company
- General corporate purposes
Goel Construction IPO Review
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Goel Construction IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Srujan Alpha Capital Advisors LLP
Company Address
Goel Construction Co.Ltd.
230,
City Centre,
S.C. Road
Jaipur, Rajasthan, 302001
Phone: 0141-2365121
Email: [email protected]
Website: https://www.goelconstruction.co.in/
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Note: The Goel Construction IPO price band and date are officially announced. The (Goel Construction IPO grey market premium) will be added to the IPO GMP page as it will start).

