BR Goyal Infrastructure IPO Date, Price, GMP, Review, Details

BR Goyal infrastructure limited

Maharashtra-based BR Goyal Infrastructure IPO is a Book Built Issue. This is a BSE SME IPO which is open for subscription on 7 January 2025 and will close on 9 January 2025. The price band of the IPO is ₹128 to ₹135 per share.

The total IPO Size is ₹85.21 crore in which fresh issue of ₹85.21 crores and offer for sale up to 63,12,000 equity shares. The company set face value of ₹10 each. You can apply for BR Goyal Infrastructure IPO for minimum lot size is 1000 shares for the retail investors, aggregating to an investment of ₹1,35,000.

This IPO is to be list on BSE SME platform on 14 January,2025, and allotment date is on 10 January,2025 which check Capital Infra Trust InvIT IPO allotment status on Link Intime India Private Ltd. is the registrar for this offering.

The book-running lead managers of this IPO is Beeline Capital Advisors Pvt Ltd.For more information check BR Goyal Infrastructure IPO DRHP and RHP details.

BR Goyal Infrastructure IPO Details

IPO Issue Open Date:7 January 2025
IPO Issue Close Date:9 January 2025
IPO Issue Price Band:₹128 to ₹135 Per Share
Face Value:₹10 Per Equity Share
IPO Issue Size:₹85.21 Crores | 732,000 shares
Fresh Issue:₹85.21Crores | 732,000 shares
Offer for Sale:₹[.] Crores
Issue Type:Book Built Issue
IPO Listing At:BSE SME
IPO Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Employee Discount:[.] per share

BR Goyal Infrastructure IPO Prospectus:

Checkout theBR Goyal Infrastructure IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

BR Goyal Infrastructure IPO Dates Timeline

Get the tentative dates and schedule for latest IPO BR Goyal Infrastructure IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:7 January 2025
Issue Close Date:9 January 2025
Basis of Allotment Date:10 January 2025
Refunds Initiation:10 January 2025
Shares Credit in Demat:13 January 2025
IPO Listing Date Detail:14 January 2025

BR Goyal Infrastructure IPO Market Lot

You can bid for a minimum of 1,000 shares and maximum 2,000 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares and Price Details
Retail (Min)1 lots and 1,000 shares = ₹130,000
Retail (Max)1 lots and 1,000 shares = ₹135,000
HNI (Min)2 lots and 2,000 shares = ₹270,000
B-HNI Minimum

BR Goyal Infrastructure IPO GMP*

GMP DateGMP TodaySubject to SaudaKostakExpected Gain
Today₹40₹30,000₹-30%
9th Jan₹60₹45,000₹-44%
8th Jan₹45₹35,000₹-33%
7th Jan₹35₹25,000₹-26%
6th Jan₹20₹17,000₹-15%
4th Jan₹20₹17,000₹-15%
3th Jan₹20₹17,000₹-15%
2th Jan₹-₹-₹-₹-

About BR Goyal Infrastructure

Incorporated on August 4, 1986, BR Goyal Infrastructure Limited is an expert in the construction and development of infrastructure projects like roads, highways, bridges, and buildings. A few of the states like Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram, and Manipur are where the company operates its 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. Among the services, the company offers wind power generation, manufacturing of ready-mix concrete (RMC), and toll collection contracts (TCC). They have built strong EPC services and construction business with additional facilities in an effort to sustain and grow their business throughout the years. The company installed a 1.25 MW wind turbine in Jaisalmer, Rajasthan, in 2005, marking its first step in entering into the wind energy business. The company’s revenue from operation in the fiscal year ended on March 31, 2024, was Rs. 58,875.91 lakh respectively.

BR Goyal Infrastructure IPO Strengths

  • Established roads and highways sector focused construction developer
  • Strong Order Book with growing project portfolio.
  • Technology enabled project management capabilities.

Objects of the IPO Issue

  1. Funding capital expenditure requirement of the company
  2. Funding Working Capital Requirement of the Company
  3. Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes

BR Goyal Infrastructure Company 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 loss of ₹17.34 crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022₹228.63₹202.01₹7.56₹203.39
2023₹353.30₹330.11₹17.34₹197.26
2024₹596.19₹557.58₹21.89₹239.49

BR Goyal Infrastructure IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

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

The below peer comparison table’s data are showing as per the DRHP and RHP.

CompanyEPSPE RatioRoNW %NAVIncome
Teerth Gopicon Limited18.4927.9659.96%24.10– Cr.
Udayshivkumar Infra Limited5.5413.5317.22%31.60– Cr.

BR Goyal Infrastructure IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: brgoyal.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html

BR Goyal Infrastructure IPO Lead Manager

  • Beeline Capital Advisors Pvt Ltd

BR Goyal Infrastructure IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd  to get allotment status.

Promoters of BR Goyal Infrastructure

  • Mr. Brij Kishore Goyal
  • Mr. Balkrishna Goyal
  • Mr. Gopal Goyal
  • Mr. Rajendra Kumar Goyal
  • Mr. Yash Goyal
  •  Mr. Uppal Goyal
  • M/S. B.R. Goyal Holdings Private Limited

Company Address

B.R.Goyal Infrastructure Limited
3-A
Agrawal Nagar,
Indore 452001,
Phone: +91-731 2403831
Email: cs@brginfra.in
Website: http://www.brginfra.com/

BR Goyal Infrastructure IPO FAQs

What is BR Goyal Infrastructure IPO Detail?

BR Goyal Infrastructure IPO is a main-board IPO. The company is going to raise ₹85.21 Crores via IPO. The issue is priced at ₹128 to ₹135 pr equity share. The IPO is to be listed on BSE SME.

How to Apply BR Goyal Infrastructure IPO Online?

You can apply for BR Goyal Infrastructure IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When BR Goyal Infrastructure IPO will open?

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

What is BR Goyal Infrastructure IPO Investors Portion?

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

What is BR Goyal Infrastructure IPO Size?

BR Goyal Infrastructure issue size is ₹85.21 crores.

What is BR Goyal Infrastructure IPO Price Band?

BR Goyal Infrastructure IPO Price Band is ₹128 to ₹135.

What is the Lot Size of BR Goyal Infrastructure IPO?

The BR Goyal Infrastructure IPO minimum bid size is1,000 Shares with ₹135,000 amount.

What is the BR Goyal Infrastructure IPO Allotment Date?

BR Goyal Infrastructure IPO allotment date is 10 January, 2025.

What is the BR Goyal Infrastructure IPO Listing Date?

BR Goyal Infrastructure IPO listing date is 14 January, 2025. The IPO is to list on BSE SME.

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