B.R.Goyal Infrastructure
CLOSEDIPO Date: 7 Jan - 9 Jan 2025
Listing Date: 14 Jan 2025
Price Range
₹128 – ₹135
Issue Size
85 Cr
Min Investment
₹1,28,000
Lot Size
1000 Shares
Schedule of B.R.Goyal Infrastructure
Issue open date
7 Jan 2025
Issue close date
9 Jan 2025
UPI mandate deadline
9 Jan 2025 (5 PM)
Allotment finalization
10 Jan 2025
Share credit
13 Jan 2025
Listing date
14 Jan 2025
Mandate end date
24 Jan 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 85 Cr |
| Fresh Issue | 85.21 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 10 Jan 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 14 Jan 2025 | ₹135 | ₹12 | ₹147 (8.89%) |
| 13 Jan 2025 | ₹135 | ₹12 | ₹147 (8.89%) |
| 11 Jan 2025 | ₹135 | ₹22 | ₹157 (16.3%) |
| 10 Jan 2025 | ₹135 | ₹35 | ₹170 (25.93%) |
| 9 Jan 2025 | ₹135 | ₹45 | ₹180 (33.33%) |
| 8 Jan 2025 | ₹135 | ₹60 | ₹195 (44.44%) |
| 7 Jan 2025 | ₹135 | ₹45 | ₹180 (33.33%) |
| 6 Jan 2025 | ₹135 | ₹35 | ₹170 (25.93%) |
Performance B.R.Goyal Infrastructure
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹128 – ₹135 | ₹ 140 (5.56%) | ₹ 120.95 | -10.41% |
About B.R.Goyal Infrastructure
B.R. Goyal Infrastructure Limited, established in 1986, is a diversified infrastructure company specializing in civil construction services (EPC), Ready-Mix Concrete (RMC) manufacturing, wind power generation, toll collection contracts (TCC), and residential plotting projects. They execute roads, highways, bridges, and building projects across multiple states, including Madhya Pradesh, Maharashtra, Gujarat, and more. With an integrated in-house model, 199+ construction equipment, and a proven track record of quality and timely delivery, they are committed to shaping the nation’s infrastructure.
| Founded in | 1986 |
| Managing director | Mr. Brij Kishore Goyal |
| Parent organization | B.R.Goyal Infrastructure Ltd |
Financial Overview
Strengths
- Proven track record in diverse infrastructure projects
- Strong in-house EPC capabilities and resources
- Diversified operations in construction, wind energy, and tolls
- Expertise in timely, quality project delivery
Risks
- Dependency on government contracts and payments
- High working capital needs affecting liquidity
- Execution risks like delays and cost overruns
- Regulatory and compliance challenges
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 69.88 |
| Non-Institutional Investors (NIIs) | 256 |
| Retail Individual Investors (RIIs) | 88 |
| Employee | 1.11 |
| Total | 118 |