Goel Construction Co Limited – IPO
Goel Construction Co Limited – IPO Details
| IPO Date | September 2, 2025 to September 4, 2025 |
| Listing Date | September 10, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 249 to ₹ 262 / Share |
| Lot Size | 400 Shares |
| Total Issue Size | 38,08,000 shares (Aggregating up to ₹99.77 Cr) |
| Fresh Issue | 28,94,000 shares (Aggregating up to ₹75.82 Cr) |
| Offer for Sale | 7,23,600 shares of ₹10 (Aggregating up to ₹18.96 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,13,65,200 shares |
| Share holding post issue | 1,44,49,600 shares |
| Market Maker portion |
Goel Construction Co Limited Timeline (Tentative Schedule)
Goel Construction Co Limited IPO opens on September 2, 2025, and closes on September 4, 2025.
| IPO Open Date | September 2, 2025 |
| IPO Close Date | September 4, 2025 |
| Basis of Allotment | September 8, 2025 |
| Initiation of Refunds | September 9, 2025 |
| Credit of Shares to Demat | September 9, 2025 |
| Listing Date | September 10, 2025 |
| Cut-off time for UPI mandate confirmation | September 4, 2025 |
Goel Construction Co Limited IPO Lot Size
Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | Rs.209,600 |
| Retail (Max) | 2 | 800 | Rs.209,600 |
| S-HNI (Min) | 3 | 1,200 | Rs.314,400 |
| S-HNI (Max) | 9 | 3,600 | Rs.943,200 |
| B-HNI (Min) | 10 | 4,000 | Rs.1,048,000 |
| HNI (Min) |
Goel Construction Co Limited IPO Promoter Holding
| Share Holding Pre Issue | 97.70% |
| Share Holding Post Issue |
Goel Construction Co Limited IPO Reservation
Goel Construction IPO offers a total of 38,08,000 shares. Out of which 17,70,000 (46.48%) allocated to QIB, 7,08,000 (18.59%) allocated to QIB (Ex- Anchor), 5,31,600 (13.96%) allocated to NII, 12,40,000 (32.56%) allocated to RII, and 10,62,000 (27.89%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 1,90,400 (5.00%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 17,70,000 (46.48%) |
|
| NII (HNI) Shares Offered | 5,31,600 (13.96%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 12,40,000 (32.56%) |
|
| Employee Shares Offered | 76,000 (2.00%) |
|
| Total Shares Offered | 38,08,000 (100.00%) |
Goel Construction Co Limited IPO Anchor Investors Details
Goel Construction IPO raises ₹27.82 crore from anchor investors. Goel Construction IPO Anchor bid date is September 1, 2025.
| Bid Date | 2025-09-01 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 27.82 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 8, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 7, 2025 |
About Goel Construction Co Limited
Goel Construction Company Limited (GCCL), which was established in 1997, is a construction and infrastructure firm with a diversified presence in various sectors. Civil and structural works are carried out by the company, with experience including cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects.
The main activity and core competence of GCCL is the construction of cement facilities, power facilities, dairy facilities, and other industrial complexes, where it has gained a reputation for dependability and punctuality of delivery.
Ever since its establishment, the company has completed and delivered 19 projects aggregating to a contract value of ₹1,13,499.37 lakhs in various states in India. As of June 30, 2025, GCCL is undertaking 14 ongoing projects in eight states, backed by an order book of ₹59,660.28 lakhs, which leaves robust revenue visibility.
The firm has been able to spread its geographic presence to Rajasthan, Andhra Pradesh, Haryana, Gujarat, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Punjab, Maharashtra, Karnataka, and Uttar Pradesh, which speaks of its ability to execute projects pan-India.
In order to achieve efficient project delivery, GCCL has a fleet of 202 equipment and machinery, such as boom placers, transit millers, excavators, tipper trucks, compactors, rollers, tower cranes, backhoe loaders, batching plants, hydra cranes, and others. The asset base of the company allows it to complete projects within tight schedules while minimizing costs.
As of June 30, 2025, GCCL had 1,191 permanent employees, comprising engineers, technical professionals, and project management professionals, complementing its execution strength.
Competitive Strengths
Experienced project management and execution strength.
Long-standing customer relationships in various industries.
Strong order book with clear visibility of revenues.
Consistent historical record of financial performance.
Effective management of a large range of equipment and machinery.
Key Performance Indicator
The market capitalization of Goel Construction IPO is ₹378.58 Cr.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | 33.69% |
| Debt/Equity | 0.22 |
| RoNW | 34.09% |
| P/BV | 2.26 |
| PAT Margin (%) | 6.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 33.72 | 26.52 |
| P/E (x) | 7.77 | 9.88 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (Goel Construction Co Limited IPO Objectives)
Goel Construction Co Limited Contact Details
Goel Construction Co.Ltd. 230, City Centre, S.C. Road Jaipur, Rajasthan, 302001 Phone: 0141-2365121 Email: [email protected] Website: https://www.goelconstruction.co.in/ |
Goel Construction Co Limited IPO Registrar
MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |