B.R.Goyal Infrastructure IPO

B.R.Goyal Infrastructure is a BSE SME IPO listed on the BSE SME platform, priced at ₹128–₹135 per share. The stock debuted at ₹135.75, delivering a listing gain of 0.6%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,35,000.

B.R.Goyal Infrastructure Limited IPO

BSE SME Listed
₹1,35,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 7, 2025 – Jan 9, 2025
Price band
₹128-135 per equity share
Minimum Investment
₹1,35,000
Issue size
₹85.21 Cr
Lot size
1000
Allotment Date
Jan 10, 2025
Listing
Jan 14, 2025
Listing At
BSE SME

IPO timeline

  1. Jan 7, 2025

    Open Date

    Completed

  2. Jan 9, 2025

    Close Date

    Completed

  3. Jan 10, 2025

    Allotment Date

    Completed

  4. Jan 14, 2025

    Listing Date

    Completed

B.R.Goyal Infrastructure IPO Essentials

B.R.Goyal Infrastructure IPO Details

B.R.Goyal Infrastructure IPO is priced at ₹128-135 per share with a total issue size of 85.21 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.

Issue price
₹128-135 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
63,12,000 shares(aggregating up to ₹85.21 Cr)
Total issue size
63,12,000 shares
(aggregating up to ₹85.21 crore)
Fresh issue
63,12,000 shares
(aggregating up to ₹85.21 crore)
Listing at
BSE SME
List price
135.75
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Beeline Capital Advisors Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1000 ₹1,35,000
Retail(max) 1 1000 ₹1,35,000
NII (min) 2 2000 ₹2,70,000

B.R.Goyal Infrastructure IPO Documents

B.R.Goyal Infrastructure IPO Reservation

B.R.Goyal Infrastructure IPO reservation details show category-wise allocation of shares. Out of the total NA shares, approximately 18.88% are reserved for QIB, 14.16% for NII, 33.05% for retail investors, 5.01% for market maker, and 28.3% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 17,86,000 (28.3%)
Market Maker Shares Offered 3,16,000 (5.01%)
QIB Shares Offered 11,92,000 (18.88%)
NII (HNI) Shares Offered 8,94,000 (14.16%)
Retail Shares Offered 20,86,000 (33.05%)
Total Shares Offered NA (100%)

B.R.Goyal Infrastructure IPO Analytics

B.R.Goyal Infrastructure IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

B.R.Goyal Infrastructure IPO Subscription Status

B.R.Goyal Infrastructure IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 11,92,000 / 8,94,000 20,86,000 42,10,000
Day 1 07-01-25 06:00 PM
(0.00 / 0.93) x 2.72 x 1.55 x
Day 2 08-01-25 06:00 PM
(4.04 / 8.01) x 13.44 x 9.51 x
Day 3 09-01-25 06:00 PM
(69.88 / 256.9*) x 88.27 x 118.08 x

B.R.Goyal Infrastructure Valuations

Earnings

EPS Pre IPO
₹12.50/-
EPS Post IPO
₹2.45/-
P/E Pre IPO
10.80
P/E Post IPO
55.13

Returns

ROE
18.91%
ROCE
19.72%
RoNW
18.91%
PAT Margin
3.72

Fundamentals

Debt / Equity
0.50
Price / Book
0.93

Data sourced from DRHP / RHP • For educational purposes only

B.R.Goyal Infrastructure Financials( In Lakhs)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 23,948.52 19,725.84 20,338.54
Revenue 59,619.2 35,329.74 22,863.32
Profit After Tax 2,188.91 1,733.51 756.09
Net Worth 12,666.79 10,479.04 8,746.91
Reserves & Surplus 11,797.15 9,609.4 7,877.27
Total Borrowing 4,947.28 4,163.54 5,340.28

B.R.Goyal Infrastructure Company & Offer Insights

About B.R.Goyal Infrastructure

Incorporated in the year 2005, B.R.Goyal Infrastructure Limited is involved in construction of infrastructure projects like roads, highways, bridges and buildings.

It has set up an integrated EPC and construction business supported by a design and engineering team and RMC unit. The RMC unit at Indore has installed capacity of 1.80 Lakh cubic meters per annum. The company, as of September 30, 2024, has more than 199 construction equipment and vehicles in operation.

The company entered the wind energy business by installing a 1.25 MW wind power turbine in Jaisalmer, Rajasthan, commissioned in 2005.

The company has successfully executed projects across Madhya Pradesh and is currently executing road construction projects in Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh after expanding operations.

Business is divided into 5 categories:
Engineering Procurement Construction (EPC) services: Roads and Highways,Building and other Civil Construction
Manufacturing Ready Mix Concrete: RMC manufacturing uses computerized operations, resulting in minimal environment degradation in sensitive regions.
Generating electricity through Windmill: The Company has 1.25 MW wind mill installed at Jaisalmer which gives revenue and units as shown below: July' 2024 (13.35 INR, 3.97 Lakh KWh), March '2024 (49.38 INR, 14.70 Lakh KWh), March '2023 (33.57 INR, 10.64 Lakh KWh), March '2022 (45.49 INR, 13.85 Lakh KWh).
Toll Collection Contract (TCC): TCC projects are located across Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram and Manipur.
Residential Plotting Projects: The company has recently launched 2 residential plotting projects called as BRG Hill View - II and BRG Hill View II Extension at Village Sanawadiya, Indore.

The Company had, as on 30th September, 2024, 402 permanent employees and 212 employees at our TCCs.

B.R.Goyal Infrastructure Promoter(s)

Mr. Brij Kishore Goyal, Mr. Balkrishna Goyal, Mr. Gopal Goyal, Mr. Rajendra Kumar Goyal, Mr. Yash Goyal, Mr. Uppal Goyal and M/S. B.R. Goyal Holdings Private Limited are the company's promoters of B.R.Goyal Infrastructure.

B.R.Goyal Infrastructure IPO Issue Objectives

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

B.R.Goyal Infrastructure IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
B.R.Goyal Infrastructure Limited 12.57 12.57 144.27 N/A 19.09 0.94 Standalone
Teerth Gopicon Limited 18.49 18.49 24.1 27.96 59.96 1.71 Standalone
Udayshivakumar Infra Ltd 5.54 5.54 31.6 13.53 17.22 1.55 Standalone

Notes:

  1. Basic & Diluted Earnings per share (EPS) is calculated on the weighted average number of shares after considering the Bonus Issue of Shares.

Contact Information

Contact Details

B.R.Goyal Infrastructure

+91-731 2403831

cs@brginfra.in

http://www.brginfra.com/

3-A, Agrawal Nagar, Indore 452001,

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

B.R.Goyal Infrastructure IPO is a book-built IPO worth ₹85.21 crore. The price band is ₹128–₹135 per share. The IPO opens on Jan 7, 2025 and closes on Jan 9, 2025. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.

The price band of B.R.Goyal Infrastructure IPO is ₹128 to ₹135 per share.

The lot size of B.R.Goyal Infrastructure IPO is 1000 shares.

The minimum investment for B.R.Goyal Infrastructure IPO is approximately ₹1,35,000 based on the upper price band .

B.R.Goyal Infrastructure IPO opens on Jan 7, 2025 and closes on Jan 9, 2025.

The allotment date of B.R.Goyal Infrastructure IPO is Jan 10, 2025.

B.R.Goyal Infrastructure IPO is expected to be listed on Jan 14, 2025, on BSE SME Platform.

B.R.Goyal Infrastructure IPO valuation snapshot: P/E 55.13, EPS ₹2.45/-, P/B 0.93, RoNW 18.91%, and market cap N/A.

To apply for B.R.Goyal Infrastructure IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of B.R.Goyal Infrastructure IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for B.R.Goyal Infrastructure IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check B.R.Goyal Infrastructure IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the B.R.Goyal Infrastructure IPO allotment status on IPO Ji for quick and easy access.