IPO

Goel Construction Company Limited IPO

BSE SME

Listed On: Sep 9, 2025 at ₹ 302.5

₹ 210400 /800 Shares
*Min Investment

Check Allotment

02 Sep, 2025

Open Date

04 Sep, 2025

Close Date

05 Sep, 2025

Allotment Date

09 Sep, 2025

Listing Date
Goel Construction Company IPO Live Subscription Details
View Subscription Details
QIB 124.27x
Retail 88.28x
NIIs 225.59x
BHNI 281.85x
SHNI 113.07x
Retail 88.28x
EMP 0.98x
Total 124.22x
Last updated: 04 Sep 2025, 04:50 PM
Goel Construction Company IPO Issue Details
  • Issue Price ₹250-263 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 38,08,000 shares(aggregating up to ₹100.15 crore)
  • Fresh Share 30,84,000 shares(aggregating up to ₹81.11 crore)
  • Offer For Sale 7,23,600 shares(aggregating up to ₹19.04 crore)
  • Listing at BSE SME
  • List Price 302.5
  • Listing Date 2025-09-09
  • Lead Manager Srujan Alpha Capital Advisors LLP
  • Registrar MUFG Intime India Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 800 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.

ApplicationLotsSharesAmount
Retail (min)2800₹2,10,400
Retail(max)2800₹2,10,400
SHNI(min) 31,200₹3,15,600
SHNI(max) 93,600₹9,46,800
BHNI(min) 104,000₹10,52,000
Goel Construction Company IPO Reservation

Goel Construction Company IPO offers total 38,08,000 shares. Out of which 7,08,000 (18.59%) allocated to QIB, 5,31,600 (13.96%) allocated to NII,12,40,000 (32.56%) allocated to RII, 76,000 (2%) allocated to employees and 10,62,000 (27.89%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered10,62,000 (27.89%)
Market Maker Shares Offered1,90,400 (5%)
QIB Shares Offered7,08,000 (18.59%)
NII (HNI) Shares Offered5,31,600 (13.96%)
bNII < ₹10L3,54,400 (9.31%)
sNII < ₹10L1,77,200 (4.65%)
Retail Shares Offered12,40,000 (32.56%)
Employee Shares Offered76,000 (2%)
Total Shares Offered38,08,000 (100%)
Goel Construction Company IPO Documents
Goel Construction Company IPO Details


Goel Construction Company Limited IPO is an SME IPO, priced at ₹250-263 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 38,08,000 equity shares, aggregating up to ₹100.15 crores..

The IPO bidding window is open from Sep 2, 2025 to Sep 4, 2025. The allotment is expected to be finalized on Sep 5, 2025, and the tentative listing date is Sep 9, 2025.

The minimum lot size for retail investors is 800 shares, with a minimum investment of ₹2,10,400.

Srujan Alpha Capital Advisors LLP is acting as the lead manager to the issue. The registrar of the IPO is MUFG Intime India Pvt Ltd, and Choice Equity Broking PvtLtd,Rikhav Securities Ltd. will act as the market maker for this issue.

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Goel Construction Company IPO Subscription Analysis And Details
Retail
88.61x
QIB
124.20x
NII
224.80x
bNII
280.68x
sNII
113.03x
Total
124.34x
As onQIBQIB / NIINII
bNII   sNII
RetailTotal
Shares Offered / Reserved7,08,4005,32,800
3,55,200    1,77,600
12,40,80025,55,600
Day 1 02-09-25 05:00 PM
3.50 x2.01
4.40 x   1.93 x
2.42 x2.58 x
Day 2 03-09-25 05:00 PM
6.49 x19.25
46.86 x   14.25 x
11.68 x11.50 x
Day 3 04-09-25 05:00 PM
124.20 x224.80
280.68 x   113.03 x
88.61 x124.34 x

Total No of Applications
1,75,975 EMP:0.98x
Goel Construction Company Valuations
EPS Pre IPO ₹33.78/-
EPS Post IPO ₹26.52/-
P/E Pre IPO 7.8
P/E Post IPO 9.92
ROE 33.69%
Debt/Equity 0.22
RoNW 34.09%
PAT Margin 6.50%
Price to Book Value 2.27
Goel Construction Company Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets265.09219.51205.04
Revenue594.34388.79272.94
Profit After Tax38.3222.6414.30
Net Worth131.5993.2770.62
Reserves & Surplus120.2292.2369.59
Total Borrowing28.7130.5128.51
About Goel Construction Company Company

Goel Construction Company Limited (GCCL), established in 1997, is a construction and infrastructure industry player with strong presence in various sectors. The company undertakes civil and structural activities, with experience in the fields of cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects.

The core competence and main business of GCCL is the construction of cement plants, power plants, dairy plants, and other industrial projects, where it has built a reputation for dependability and punctuality.Since commencement, the company has completed and commissioned 19 projects with a total contract value of ₹1,13,499.37 lakhs in various states in India. As on June 30, 2025, GCCL is currently working on 14 ongoing projects spread over eight states, backed by an order book worth ₹59,660.28 lakhs, which gives good revenue visibility.

The firm has been able to broaden its geographical reach to include Rajasthan, Andhra Pradesh, Haryana, Gujarat, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Punjab, Maharashtra, Karnataka, and Uttar Pradesh, indicating its ability to execute projects pan-India.In order to achieve effective project implementation, GCCL operates a fleet of 202 equipments and machineries consisting of 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 supports it in completing projects under tight deadlines while minimizing costs.

As of June 30, 2025, GCCL had 1,191 permanent employees, such as engineers, technical experts, and project management professionals, which enhanced its execution skills.

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Goel Construction Company - Promoter(s)

Mr. Purushottam Dass Goel, Mr. Arun Kumar Goel, Mr. Naresh Kumar Goel, Mr. Ratan Kumar Goel, Mr. Amit Goel, Mr. Anuj Goel, Mr. Ashwani Goel, Mr. Chinmay Goel, Mr. Mohak Goel, Mrs. Soni Goel, Mrs. Isha Goel, Mrs. Nirmala Goel, and Mrs. Suman Goel

Pre Issue Share Holding : %

Post Issue Share Holding : %

Goel Construction Company IPO - Issue Objectives
1

Capital expenditure towards purchase of additional equipments and fleets

2

Repayment / prepayment of certain outstanding borrowings availed by the company

3

General corporate purposes

Contact Details

Goel Construction Company

230, City Centre, S.C. Road, Jaipur, Rajasthan, 302001

0141-2365121

info@goelconstruction.co.in

https://www.goelconstruction.co.in/

Registrar Contact Details