B.R.Goyal Infrastructure Limited has announced its IPO, open for subscription from January 7 to January 9, 2025. This IPO is a fresh issue of 63,12,000 shares, amounting to a total issue size of ₹85.21 crores.
The price band for the B.R.Goyal Infrastructure Limited IPO is ₹128 to ₹135 per share, with a minimum lot size of 1,000 shares. The allotment details are expected to be finalised by January 10, 2025, and the shares are scheduled for listing on BSE SME on January 14, 2025.
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B.R.Goyal Infrastructure Limited BSE IPO Timeline (Tentative)
| Event | Date |
| IPO Opening Date | January 7, 2025 |
| IPO Closing Date | January 9, 2025 |
| Allotment Date | January 10, 2025 |
| Refund Initiation | January 13, 2025 |
| Shares Credited | January 13, 2025 |
| Listing Date | January 14, 2025 |
| IPO Price Band | ₹128 to ₹135 per share |
| IPO Lot Size | 1,000 shares |
| Maximum Bid Quantity for Qualified Institutional Investors | 5958000 |
| Maximum Bid Quantity for Non-Institutional Investors | 2980000 |
| Book Running Lead Manager | BEELINE CAPITAL ADVISORS PRIVATE LIMITED |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
About B.R.Goyal Infrastructure Limited
Established in 2005, B.R. Goyal Infrastructure Limited builds infrastructure like roads, highways, bridges, and buildings.
The company has its own construction team, an engineering unit, and a Ready Mix Concrete (RMC) plant in Indore, which produces up to 1.80 lakh cubic meters annually. In 2005, the company also ventured into wind energy by installing a wind turbine in Jaisalmer, Rajasthan.
B.R. Goyal has worked on projects in Madhya Pradesh and is now building roads in Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh.
As of September 2024, the company employs 402 permanent staff and 212 employees at toll plazas.
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- B.R.Goyal Infrastructure Limited IPO Open Dates: January 7, 2025, to January 9, 2025.
- B.R.Goyal Infrastructure Limited IPO Price Band: ₹128 to ₹135 per share.
- B.R.Goyal Infrastructure Limited IPO Lot Size: 1,000 shares per lot.
- B.R.Goyal Infrastructure Limited IPO Minimum Investment: ₹1,35,000 (1 lot for retail investors).
- B.R.Goyal Infrastructure Limited IPO Size: ₹85.21 crores (63.12 lakh shares, entirely fresh issue).
- B.R.Goyal Infrastructure Limited IPO Listing: BSE SME on January 14, 2025 (tentative).
- B.R.Goyal Infrastructure Limited IPO Basis of Allotment: January 10, 2025.
- B.R.Goyal Infrastructure Limited IPO Refund Initiation and Credit of Shares: January 13, 2025.
- B.R.Goyal SME IPO GMP- ₹35, as of Jan 6th 2025 01:00 PM.
B.R.Goyal: Financial Overview
B.R. Goyal Infrastructure Limited has shown steady growth in assets and net worth over the years, with assets reaching ₹26,999.85 lakhs and net worth at ₹12,863.48 lakhs as of July 2024. However, its revenue and profit after tax have fluctuated, with profits dropping significantly to ₹194.46 lakhs in the same period.
| Year | Assets (₹ Lakhs) | Revenue (₹ Lakhs) | Profit After Tax (₹ Lakhs) | Net Worth (₹ Lakhs) | Reserves and Surplus (₹ Lakhs) | Total Borrowing (₹ Lakhs) |
| 31 Jul 2024 | 26,999.85 | 15,686.45 | 194.46 | 12,863.48 | 11,124.2 | 6,411.09 |
| 31 Mar 2024 | 23,948.52 | 59,619.2 | 2,188.91 | 12,666.79 | 11,797.15 | 4,947.28 |
| 31 Mar 2023 | 19,725.84 | 35,329.74 | 1,733.51 | 10,479.04 | 9,609.4 | 4,163.54 |
| 31 Mar 2022 | 20,338.54 | 22,863.32 | 756.09 | 8,746.91 | 7,877.27 | 5340 |
B.R.Goyal Infrastructure Limited IPO: FAQs
B.R.Goyal Infrastructure Limited specialises in constructing infrastructure projects, manufacturing RMC, and wind power generation.
The B.R.Goyal Infrastructure Limited IPO opens on January 7, 2025, and closes on January 9, 2025.
The B.R.Goyal Infrastructure Limited’s minimum lot size is 1,000 shares.
The IPO allotment for B.R.Goyal Infrastructure Limited will be finalised on January 10, 2025.
The price band is ₹128 to ₹135 per share.
The shares are expected to be listed on BSE SME on January 14, 2025.
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