Goel Construction Company Limited IPO

Goel Construction Company Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹250 - ₹262

Total Issue

₹99.77 Cr

Bid Dates

02 Sep - 04 Sep

Subscription

115.77x

Est. GMP

₹44 (16.79%)

Website RHP Check Allotment

Goel Construction IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Goel Construction is engaged in providing construction contracting services with a strong focus on industrial plants and infrastructure projects. Its core expertise lies in the construction of cement plants, power plants, dairy plants, and other industrial facilities. Over the last four years, it has successfully executed 19 projects with an aggregate contract value of ₹1,13,499.37 lakhs across multiple states in India. As of June 30, 2025, the company is executing 14 ongoing projects across eight states, with an order book of ₹59,660.28 lakhs.

Goel Construction IPO Lot Size

Lot Information for Goel Construction IPO
Category Lots Shares Amount
Individual (Min) 2 800 ₹2,09,600
Individual (Max) 2 800 ₹2,09,600
S-HNI (Min) 3 1,200 ₹3,14,400
S-HNI (Max) 9 3,600 ₹9,43,200
B-HNI (Min) 10 4,000 ₹10,48,000
Market Maker
1,90,400 EQ Shares
Employee
76000 EQ Shares
Shareholder
-

Goel Construction IPO Size

Total ₹99.77 Cr
Fresh Issue
₹80.81 Cr (0.31 Cr Shares)
Offer For Sale
₹18.96 Cr (0.07 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Goel Construction IPO Live Subscription

Updated as on 04 Sep 2025 | 05:00:00 PM

BSE SME Subscription Status for Goel Construction IPO
Category Sub (x) Offered Bids
QIB 123.64x 7,11,600 8,79,82,000
NII 224.80x 5,32,800 11,97,73,200
bHNI 280.68x 3,55,200 9,96,98,800
sHNI 113.03x 1,77,600 2,00,74,400
Individual Investor 88.55x 12,40,800 10,98,72,000
Employee 1.01x 73,600 74,400
Total 124.16x 25,58,800 31,77,01,600

Goel Construction IPO GMP

GMP ₹44
Est. Price ₹306
Est. Gain 16.79%

Peer Comparison

(Rs. in crores)

Goel Construction IPO Peer Comparison Table
Particulars Goel Construction Power Mech Suntech Infra Ahluwalia Contracts
Revenue from Ops (in Crs.) 589.98 4,435.42 152.65 4,098.62
PAT (In Crs.) 38.32 300.55 12.11 201.51
EPS - Basic 33.72 95.05 7.98 30.08
NAV per share 115.78 665.90 32.74 268.71
RONW 34.09% 14.27% 24.05% 11.19%
EBITDA 9.81% 10.98% 23.87% 8.34%
PAT Margin 6.50% 6.78% 7.94% 4.92%
Price to earning (PE) 7.77 33.03 8.77 31.52
Debt to Equity 0.22 0.33 1.43 0.01
  • All information pertains to FY 2024-25.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 14, 2025 for Peers

Financials

(Rs. in crores)

Financial Performance Metrics for Goel Construction IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 589.98 386.06 270.73
Profit after Tax 38.32 22.64 14.30
Net Worth 131.59 93.27 70.62
Total Borrowing 28.71 30.51 28.51
Total Assets 265.09 219.51 205.04
NAV per share (in ₹) 115.78 82.06 62.14
EPS - Basic (in ₹) 33.72 19.92 12.58

KPIs

EBITDA

9.81%

PAT

6.50%

ROE

34.09%

ROCE

33.69%

Debt to Equity

0.22

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

97.70%

Public

2.30%

Purushottam Dass Goel 35.84%
Arun Kumar Goel 12.99%
Others 48.87%

Management

Purushottam Dass Goel Chairman & MD
Natwar Lal Ladha CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Lead Managers (1)

Srujan Alpha Capital Srujan Alpha Capital

Frequently Asked Questions

What is Goel Construction IPO?
Goel Construction IPO is a SME IPO having an issue size of ₹99.77 Crs. Goel Construction IPO is priced at ₹250 - ₹262 per share. The issue opens on 02 Sep 25 and closes on 04 Sep 25.
When will Goel Construction IPO open?
Goel Construction IPO opens on 02 Sep 25 and closes on 04 Sep 25.
What is the GMP of Goel Construction IPO?
The estimated Grey Market Premium of Goel Construction IPO is ₹44 per share (16.79%).
What is the lot size of Goel Construction IPO?
The minimum lot size of Goel Construction IPO is 400 shares & the minimum application amount is Rs. 104800.
When is the allotment of Goel Construction IPO?
The allotment date of Goel Construction IPO is 08 Sep 25.
What is the listing date of Goel Construction IPO?
The listing date of Goel Construction IPO is 10 Sep 25.
What is the subscription of Goel Construction IPO?
Goel Construction IPO is subscribed 115.77 times.
What is the price band of Goel Construction IPO?
Goel Construction IPO is priced at ₹250 - ₹262 per share.
How to check allotment status of Goel Construction IPO?
Click the allotment link on Goel Construction IPO page of IPO360.
How to apply Goel Construction IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Goel Construction IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Goel Construction IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Goel Construction IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date