
✓
Open
7 Jan 2025
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Close
9 Jan 2025
3
Allotment
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Listing
Tue, Jan 14, 2025
Price Band
₹128 to ₹135
Issue Size
63,12,000 shares (agg. up to ₹85 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Jan 14, 2025
Latest GMP
₹12
Est. Gain
8.89%
✦ AI Insight
GMP Trend
14-01-2025₹12Est. ₹147+8.89%
13-01-2025₹12Est. ₹147+8.89%
12-01-2025₹22Est. ₹157+16.3%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 82.87x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 270.00 | 239.49 | 197.26 | 203.39 |
| Total Income | 156.86 | 596.19 | 353.30 | 228.63 |
| Profit After Tax | 1.94 | 21.89 | 17.34 | 7.56 |
| NET Worth | 128.63 | 126.67 | 104.79 | 87.47 |
| Reserves and Surplus | 111.24 | 117.97 | 96.09 | 78.77 |
| Total Borrowing | 64.11 | 49.47 | 41.64 | 53.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| NACDAC Infrastructure Ltd. | SME | ₹10.01 Cr | ₹35 | 47.78 | ₹69.82 | +99.49% | ₹25.48 (+6.17%) |
| Ganesh Infraworld Ltd. | SME | ₹98.58 Cr | ₹83 | 16.47 | ₹165.55 | +99.46% | ₹91.00 (-0.60%) |
| Lakshya Powertech Ltd. | SME | ₹49.80 Cr | ₹180 | 8.39 | ₹359.10 | +99.50% | ₹105.00 (-0.90%) |
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹709.00 (-0.13%) |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹32.20 (+0.94%) |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹75.00 (+0.00%) |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹312.00 (+0.21%) |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹26.40 (+4.97%) |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹121.85 (+2.39%) |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹24.85 (+4.85%) |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹56.60 (-2.08%) |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.95 (+4.89%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.00 (-0.83%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹163.05 (+2.16%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.80 (-5.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹67.85 (+4.95%) |
| Capital Infra Trust | Mainboard | ₹1,578.00 Cr | ₹99 | null | ₹99.02 | +0.02% | ₹73.38 (-0.15%) |
| Afcons Infrastructure Ltd. | Mainboard | ₹5,430.00 Cr | ₹463 | 35.08 | ₹474.20 | +2.42% | ₹285.40 (-2.31%) |
| Deepak Builders & Engineers India Ltd. | Mainboard | ₹260.04 Cr | ₹203 | 12.06 | ₹161.95 | -20.22% | ₹7.95 (+2.02%) |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,849.30 (+0.46%) |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹351.10 (-3.29%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹496.00 (+1.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement | 8.02 |
| 2 | Funding working capital requirements of the Company | 42.00 |
| 3 | Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes | 28.19 |
| 4 | Issue expenses | 8.50 |
| Total | 86.71 |
About B.R.Goyal Infrastructure IPO
Incorporated in 2005, B.R.Goyal Infrastructure Limited is engaged in the business of construction of infrastructure projects such as roads, highways, bridges and buildings. The company has established an integrated EPC and construction business, supported by a design and engineering team and RMC unit. The RMC unit, located in Indore, has an installed capacity of 1.80 Lakh cubic meters per annum. As of September 30, 2024, the company operates with over 199 construction equipment and vehicles. 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 Ready Mix Concrete (RMC) manufacturing: Ready Mixed Concrete (RMC) is produced using computer-controlled operations, ensuring minimal environmental impact in sensitive areas. Wind power generation: The compa
Contact Details
B.R.Goyal Infrastructure Ltd. Address3-A, Agrawal NagarIndore, Madhya Pradesh, 452001+91-731 2403831cs@brginfra.inVisit Website