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B.R.Goyal Infrastructure Limited IPO (B.R.Goyal Infrastructure Limited IPO) Details

B.R.Goyal Infrastructure Limited

B.R.Goyal Infrastructure Limited IPO's overview

B.R.Goyal Infrastructure Limited IPO is a book built issue of ₹321.63 Cr (3,21,63,35,040). The issue is a combination of fresh issue of 63.12 Lakh (63,12,000) shares aggregating to ₹85.21 Cr (85,21,20,000) and offer for sale of 1.75 Cr (1,75,12,704) shares aggregating to ₹236.42 Cr (2,36,42,15,040).

B.R.Goyal Infrastructure Limited IPO is open for subscription on Jan 07, 2025 and closes on Jan 09, 2025. The allotment for B.R.Goyal Infrastructure Limited IPO is expected to be finalized on Jan 10, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 14, 2025.

B.R.Goyal Infrastructure Limited IPO price band is set at ₹128 to ₹135 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹1.28 Lakh (1,28,000).

Refer to B.R.Goyal Infrastructure Limited IPO RHP for detailed information.

  • IPO date

    Jan 07,2025 - Jan 09,2025

  • Listing Date

    Jan 14,2025

  • Face value

    ₹10

  • Price Band

    ₹128 to ₹135 per share

  • Lot

    ₹1000 Shares

  • Total Issue Size

    2.38 Cr (2,38,24,704)

    aggregating up to ₹321.63 Cr (3,21,63,35,040)

  • Fresh Issue

    63.12 Lakh (63,12,000)

    aggregating up to ₹85.21 Cr (85,21,20,000)

  • Offer for sale

    1.75 Cr (1,75,12,704)

    aggregating up to ₹236.42 Cr (2,36,42,15,040)

  • Issue Type

    Book Building

  • IPO Type

    SME

  • Listing At

    NSEBSE

  • Tue, Jan 07, 2025

    IPO Open

  • Thu, Jan 09, 2025

    IPO Close

  • Fri, Jan 10, 2025

    Basis of Allotment

  • Mon, Jan 13, 2025

    Initiation of Refunds

  • Mon, Jan 13, 2025

    Credit of Shares to Demat

  • Tue, Jan 14, 2025

    Listing

B.R.Goyal Infrastructure Limited IPO Day-wise IPO GMP Trend

B.R.Goyal Infrastructure Limited IPO last GMP is ₹9, last updated Jan 13,2025. With the price band of 135.00, B.R.Goyal Infrastructure Limited IPO's estimated listing price is ₹144 (cap price + today's GMP).The expected percentage gain/loss per share is 6.67%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
13-Jan-25135.009
144(6.67%)13-Jan-2025 14:30
12-Jan-25135.0022
157(16.30%)12-Jan-2025 22:27
11-Jan-25135.0022
157(16.30%)11-Jan-2025 22:29
10-Jan-25135.0035
170(25.93%)10-Jan-2025 22:32
09-Jan-25135.0045
180(33.33%)9-Jan-2025 22:24
08-Jan-25135.0060
195(44.44%)8-Jan-2025 22:32
07-Jan-25135.0045
180(33.33%)7-Jan-2025 22:26
06-Jan-25135.0035
170(25.93%)6-Jan-2025 22:31
05-Jan-25135.0021
156(15.56%)5-Jan-2025 22:26
04-Jan-25135.0021
156(15.56%)4-Jan-2025 22:27
03-Jan-25135.0021
156(15.56%)3-Jan-2025 22:27
02-Jan-25135.0021
156(15.56%)2-Jan-2025 22:30

B.R.Goyal Infrastructure Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,000₹1.35 Lakh (1,35,000)

Retail(Max)

11,000₹1.35 Lakh (1,35,000)

SHNI(Min)

22,000₹2.70 Lakh (2,70,000)

B.R.Goyal Infrastructure Limited IPO Financial Information (Restated Consolidated)

LabelJul 31, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets26,999.8523,948.5219,725.8420,338.54
Revenue15,686.4559,619.235,329.7422,863.32
Profit After Tax194.462,188.911,733.51756.09
Net Worth12,863.4812,666.7910,479.048,746.91
Reserves and Surplus11,124.211,797.159,609.47,877.27
Total Borrowing6,411.094,947.284,163.545,340.28
B.R.Goyal Infrastructure Limited Financial Information

About B.R.Goyal Infrastructure Limited

Incorporated: 2005
Industry: Infrastructure Development

Business Description

B.R. Goyal Infrastructure Limited is a prominent player in the construction industry, specializing in infrastructure development projects, including roads, highways, bridges, and buildings. The company operates with a robust EPC (Engineering Procurement Construction) model, supported by in-house design, engineering capabilities, and a dedicated Ready Mix Concrete (RMC) unit.

In addition to infrastructure construction, the company has diversified into wind power generation, toll collection contracts, and residential plotting projects, showcasing a balanced mix of operations.

Key Milestones

  1. 2005:

    • Entered the wind energy sector by commissioning a 1.25 MW wind turbine in Jaisalmer, Rajasthan.

  2. 2024:

    • Expanded operations across multiple states, including Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh, executing critical road construction projects.
    • Launched BRG Hill View - II and BRG Hill View II Extension, residential plotting projects in Indore.

Business Segments

  1. Engineering Procurement Construction (EPC):

    • Focused on roads, highways, buildings, and other civil construction projects.

  2. Ready Mix Concrete (RMC) Manufacturing:

    • Operates a 1.80 Lakh cubic meters per annum RMC unit in Indore with computer-controlled operations, ensuring eco-friendly production.

  3. Wind Power Generation:

    • Owns a 1.25 MW windmill in Jaisalmer.
    • Notable revenue and generation figures:
      • July 2024: ₹13.35 lakhs, 3.97 lakh kWh
      • March 2024: ₹49.38 lakhs, 14.70 lakh kWh
      • March 2023: ₹33.57 lakhs, 10.64 lakh kWh
      • March 2022: ₹45.49 lakhs, 13.85 lakh kWh

  4. Toll Collection Contracts (TCC):

    • Operates TCCs across Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram, and Manipur.

  5. Residential Plotting Projects:

    • Recent developments include BRG Hill View - II and BRG Hill View II Extension in Village Sanawadiya, Indore.

Competitive Strengths

  1. Established Expertise:

    • A trusted name in the roads and highways construction sector.

  2. Efficient Business Model:

    • Operates with technology-driven project management and a streamlined execution approach.

  3. Strong Order Book:

    • Continually expanding its project portfolio with a solid pipeline of work.

  4. Equipment Ownership:

    • Owns 199 construction equipment and vehicles, reducing dependency on external resources.

  5. Workforce Capabilities:

    • Employs a total of 402 permanent employees and 212 staff at TCCs.

  6. Experienced Management Team:

    • A seasoned leadership team with a track record of successful project execution.

Employee Base

As of September 30, 2024:

  • Permanent Employees: 402
  • TCC Employees: 212

Strategic Goals

  • Strengthen its presence in the infrastructure development sector by undertaking large-scale projects.
  • Expand operations into new geographies, leveraging its efficient business model and strong workforce.
  • Continue focusing on eco-friendly construction methods and renewable energy projects.

Conclusion

B.R. Goyal Infrastructure Limited has established itself as a key player in infrastructure development with diversified operations across construction, RMC manufacturing, toll collection, wind energy, and residential plotting. Supported by a robust business model, a strong workforce, and a growing project portfolio, the company is well-positioned for continued growth and expansion in the coming years.

B.R.Goyal Infrastructure Limited IPO's documents

B.R.Goyal Infrastructure Limited Contact Details

3-A
Agrawal Nagar,
Indore 452001,
Phone: +91-731 2403831
Email: [email protected]
Website: http://www.brginfra.com/

 

B.R.Goyal Infrastructure Limited IPO's Promoters

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 promoters of the company.

B.R.Goyal Infrastructure Limited IPO Registrar

Link Intime India Private Ltd

Phone:

+91-22-4918 6270

Email:

[email protected]

Website:

https://linkintime.co.in/Initial_Offer/public-issues.html