B.R. Goyal IPO will open on January 7, 2025, and close on January 9, 2025. The company aims to raise ₹85.21 crores through the IPO, including a fresh issue of ₹85.21 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10. The price band for the IPO is set at ₹128 to ₹135 per share, with a retail quota of 35%, a QIB quota of 50%, and an HNI quota of 15%. B.R. Goyal IPO is set to list on BSE on January 14, 2025, with allotment taking place on January 10, 2025. For the fiscal year 2024, the company reported revenue of ₹596.19 crores, up from ₹353.30 crores in 2023, and a profit of ₹21.89 crores, compared to ₹17.34 crores in the previous year. Based on the company's financial performance, investors are encouraged to apply for the IPO with a long-term perspective.
B.R.Goyal IPO Details
Field
Value
ipo title
B.R.Goyal BSE SME
status
Listed
gain percentage
0.56%
subscription
118.08x
price
135
gmp
12
est listing
147 (8.89%)
ipo size
₹ 85.21 Cr
B.R.Goyal IPO Dates
Field
Value
lot
1,000
open
07-Jan
close
09-Jan
boa dt
10-Jan
listing
14-Jan
B.R.Goyal IPO Financial Report
The company reported a revenue of ₹596.19 crores in 2024, marking an increase from ₹353.30 crores in 2023. Furthermore, the company posted a profit of ₹21.89 crores in 2024, up from ₹17.34 crores in 2023.
Financial Year
2022
2023
2024
July 2024
Revenue
₹228.63
₹353.30
₹596.19
₹156.86
Expense
₹218.51
₹330.05
₹567.54
₹154.18
Profit After Tax
₹7.56
₹17.34
₹21.89
₹1.94
Total Assets
₹203.39
₹197.26
₹239.49
₹270
About B.R.Goyal IPO
B.R.Goyal Infrastructure Limited, founded on August 4, 1986, is one of the leading companies specializing in the construction and development of infrastructure projects such as roads, highways, bridges, and buildings. The company operates in several states, including Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram, and Manipur. B.R.Goyal Infrastructure also provides EPC services to third parties, including the construction of roads and highways, commercial complexes, industrial parks, housing projects, and HAM projects. The company is involved in wind power generation, manufacturing of Ready-Mix Concrete (RMC), and toll collection contracts (TCC). Over the years, the company has focused on enhancing and supporting its business by building robust EPC services and expanding its construction portfolio with various facilities. In 2005, B.R.Goyal Infrastructure ventured into the wind energy business, installing a 1.25 MW wind turbine in Jaisalmer, Rajasthan. In the fiscal year ending March 31, 2024, the company generated ₹58,875.91 lakh in revenue from operations.
B.R. Goyal IPO is an SME IPO where the company plans to raise ₹85.21 crores. The price per equity share ranges from ₹128 to ₹135, and the IPO will be listed on BSE.
When will B.R. Goyal IPO open for subscription?
The B.R. Goyal IPO will open for subscription on January 7, 2025, and will close on January 9, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors.
What is B.R. Goyal IPO Investors Portion?
The investment allocation for B.R. Goyal IPO is 50% for QIB, 15% for NII, and 35% for retail investors.
How to Apply for B.R. Goyal IPO?
You can apply for B.R. Goyal IPO online via ASBA through your bank account, or via UPI through stock brokers. Alternatively, you can apply offline by filling out a form through your stock broker.
What is B.R. Goyal IPO Issue Size?
The issue size of B.R. Goyal IPO is ₹85.21 crores.
What is B.R. Goyal IPO Price Band?
The price band for B.R. Goyal IPO shares is ₹128 to ₹135.
What is B.R. Goyal IPO Lot Size?
The minimum bid for B.R. Goyal IPO is 1000 shares, with a total bid amount of ₹1,35,000.
What is the B.R. Goyal IPO Allotment Date?
The allotment date for B.R. Goyal IPO is January 10, 2025.
What is the B.R. Goyal IPO Listing Date?
B.R. Goyal IPO is expected to list on BSE on January 14, 2025.
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