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B. R. Goyal IPO

  • Status: Live
  • RHP:
  • ₹ 128,000 / 1000 shares

    Minimum Investment

IPO Details

  • Open Date

    07 Jan 2025

  • Close Date

    09 Jan 2025

  • IPO Price Range

    ₹ 128 to ₹ 135

  • IPO Size

    ₹ 85.21 Cr

  • Listing Exchange

    BSE SME

  • Listing Date

    14 Jan 2025

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Timeline Subscription Status Objective Financials SWOT FAQ Contacts

IPO Timeline

B. R. Goyal IPO Subscription Status

Last Updated: 07 January 2025 5:36 PM by 5Paisa

B.R.Goyal Infrastructure IPO is set to open on 7 January 2025 and will close on 9 January 2025. B.R.Goyal Infrastructure specializes in infrastructure projects like roads, highways, bridges, and buildings.

The IPO is an entirely fresh issue of 0.63 Cr shares aggregating to ₹85.21 Cr. The price band is set at ₹128 to ₹135 per share and the lot size is 1,000 shares. 

The allotment is scheduled to be finalised on 10 January 2025. It will go public on BSE SME, with a tentative listing date of 14 January 2025.

Beeline Capital Advisors Pvt Ltd is the book running lead manager, while Link Intime India Pvt Ltd is the registrar. 
 

B.R.Goyal IPO Size

Types Size
Total IPO Size ₹85.21 Cr.
Offer For Sale -
Fresh Issue ₹85.21 Cr.

 

B.R.Goyal IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 128,000
Retail (Max) 1 1000 128,000
HNI (Min) 2 2000 256,000

B. R. Goyal IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 0 11,92,000 0 0
NII (HNI) 0.93 8,94,000 8,30,000 11.205
Retail 2.72 20,86,000 56,76,000 76.626
Total** 1.55 42,10,000 65,17,000 87.980

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

B. R. Goyal IPO Anchor Allocation

Anchor Bid Date 6 January, 2025
Shares Offered 17,86,000
Anchor portion Size (In ₹ Cr.) 24.11
Anchor lock-in period end date for 50% shares (30 Days) 9 February, 2025
Anchor lock-in period end date for remaining shares (90 Days) 10 April, 2025

 

1. Funding Capital Expenditure Requirement,
2. Funding Working Capital Requirement,
3. Funding expenditure for inorganic growth through acquisitions & other strategic initiatives, and
4. General Corporate Purpose.
 

B.R. Goyal Infrastructure specializes in infrastructure projects like roads, highways, bridges, and buildings. It operates an EPC business, an RMC unit in Indore (1.80 lakh cubic meters capacity), and a 1.25 MW wind turbine in Jaisalmer. The company executes projects across multiple states, including road construction, toll collection, and residential plotting. Competitive strengths include a robust workforce, efficient business model, and technology-driven project management.

Established in: 2005
Chairman & Managing Director: Mr. Brij Kishore Goyal

Peers

Teerth Gopicon Ltd
Udayshivkumar Infra Ltd
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 228.63 353.30 596.19
EBITDA 18.90 26.71 32.46
PAT 7.56 17.34 21.89
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 203.39 197.26 239.49
Share Capital 8.70 8.70 8.70
Total Borrowings 53.40 41.64 49.47
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 20.37 22.20 12.14
Net Cash Generated From / (used in) investing activities -0.51 2.61 13.06
Net Cash Generated From / (used in) financing activities -10.52 -19.35 1.21
Net Increase (Decrease) In Cash And Cash Equivalents 9.34 5.46 0.29

Strengths

1. Established player in roads and highways construction.
2. Diversified business portfolio across EPC, RMC, wind energy, and toll collection.
3. Robust equipment ownership for in-house construction needs.
4. Experienced management team ensuring efficient project execution.
5. Technology-enabled project management capabilities boosting operational efficiency.
 

Risks

1. High dependency on government infrastructure projects.
2. Geographic concentration in select Indian states for projects.
3. Limited capacity for rapid scaling in wind energy.
4. Fluctuations in raw material costs impacting profitability.
5. Competitive pressures from larger, more diversified construction companies.
 

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FAQs

B.R.Goyal Infrastructure IPO opens from 7 January 2025 to 9 January 2025.

The size of B.R.Goyal Infrastructure IPO is ₹85.21 Cr.

The price of B.R.Goyal Infrastructure IPO is fixed at ₹128 to ₹135 per share. 

To apply for B.R.Goyal Infrastructure IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the B.R.Goyal Infrastructure  IPO.   ● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of B.R.Goyal Infrastructure IPO is 1000 shares and the investment required is ₹128,000.
 

The share allotment date of B.R.Goyal Infrastructure IPO is 10 January 2025

The B.R.Goyal Infrastructure IPO will be listed on 14 January 2025.

Beeline Capital Advisors Pvt Ltd is the book running lead manager for B.R.Goyal Infrastructure IPO.
 

B.R.Goyal Infrastructure plans to utilise the raised capital from the IPO for:

1. Funding Capital Expenditure Requirement,
2. Funding Working Capital Requirement,
3. Funding expenditure for inorganic growth through acquisitions & other strategic initiatives, and
4. General Corporate Purpose.