The Goel Construction Co Ltd IPO Details 2025 opens from 2–4 September, with a price band of ₹250–₹262 per share and a total issue size of ₹99.77 crore. With a strong order book, solid financial performance, and attractive GMP (Grey Market Premium) suggesting potential listing gains, this SME IPO is garnering investor attention. This article shares complete details, including objectives, dates, lot size, investor categories, financials, and more—all in simple language.
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IN THIS ARTICLE
About Goel Construction Co. Ltd
- Established in 1997, Goel Construction operates in civil and structural infrastructure.
- It serves sectors like cement, power, pharmaceuticals, dairy, steel, hospitals, and institutional projects.
- Completed 19 projects worth around ₹1,135 crore, with an ongoing order book of ₹597 crore across 14 projects.
- Equipped with a modern fleet and pan-India presence, it is known for timely project execution and quality.
Goel Construction Co Ltd IPO Details
Here’s a quick overview of the Goel Construction IPO:
| Detail | Information |
|---|---|
| Type | SME IPO (Book-Built) |
| Issue Size | ₹99.77 crore |
| Fresh Issue | ₹80.81 crore (30.84 lakh shares) |
| Offer for Sale (OFS) | ₹18.96 crore (7.23 lakh shares) |
| Price Band | ₹250–₹262 per share |
| Face Value | ₹10 per share |
| Lot Size | 400 shares (minimum) |
| Retail Min Investment | ₹1,04,800 at upper band |
| Retail Max Investment | ₹2,09,600 (800 shares) |
| Listing Platform | BSE SME |
Goel Construction Co Ltd IPO Objectives
The company plans to use the fresh issue proceeds for:
- Equipment & Fleet Expansion – ₹41.74 crore
- Repayment of Borrowings – ₹23.05 crore
- General Corporate Purposes – remaining amount
These uses highlight the company’s focus on scaling operations and strengthening its balance sheet.
Goel Construction Co Ltd IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | 2 September 2025 |
| IPO Closes | 4 September 2025 |
| Allotment Finalized | 8 September 2025 |
| Refunds Initiated / Share Credit | 9 September 2025 |
| Listing Date | 10 September 2025 |
Lot Size Details
- Minimum Lot: 400 shares
- Minimum Investment (Retail): ₹1,04,800
- Maximum Allowed (Retail): 800 shares (₹2,09,600)
Share Reservation (Investor Categories)
- Retail Investors: 32.56% (12.4 lakh shares)
- QIBs (Institutions): 18.59%
- Anchor Investors: 27.89%
- NIIs (HNI): 13.96%
- Employees: 2%
- Market Makers: ~5%
Financial Snapshot (FY2023-25)
| Fiscal Year | Revenue (₹ Cr) | PAT (₹ Cr) | Reserves (₹ Cr) |
|---|---|---|---|
| FY 2025 | 594.34 | 38.32 | 120.22 |
| FY 2024 | 388.79 | 22.64 | 92.23 |
| FY 2023 | 272.94 | 14.30 | 69.59 |
Steady revenue growth and rising profits indicate a solid financial trajectory.
GMP (Grey Market Premium)
- GMP is currently around 20%, suggesting a listing price of ₹310–₹315, far above the upper band.
- This reflects strong investor enthusiasm and potential for quick listing gains.
Goel Construction IPO – FAQ
When does the Goel Construction IPO open and close?
The IPO opens on 2 September 2025 and closes on 4 September 2025.
What is the issue size of the IPO?
The total issue size is ₹99.77 crore, comprising a fresh issue of ₹80.81 crore and an offer-for-sale (OFS) of ₹18.96 crore.
What is the price band for the IPO?
The price band is set between ₹250 and ₹262 per share.
What is the minimum lot size and investment amount?
Minimum lot size: 400 shares
Minimum investment: ₹1,04,800 (at the upper price band of ₹262)
Maximum retail investment: 800 shares (₹2,09,600)
When will the IPO shares be listed?
The shares are scheduled to list on the BSE SME platform on 10 September 2025.
Conclusion
The Goel Construction Co. Ltd IPO looks promising due to its healthy order book, financial strength, diversified operations, and clear use of funds. The strong GMP supports the likelihood of listing gains. However, the high minimum investment (~₹1 lakh) and sector risks like project execution and material cost volatility should be considered before investing.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making any investment decisions.
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