Goel Construction Company Limited IPO
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.
Price Band₹250 - ₹262 |
Dates02 Sep - 04 Sep |
GMP₹44 (16.79%) |
Subscriptions- |
Issue Size₹99.77 Crs |
Goel Construction IPO Objects
- Capital expenditure towards purchase of additional equipments and fleets
- Repayment / prepayment of certain outstanding borrowings availed by our Company
- Repayment / prepayment of certain outstanding borrowings availed by our Company
Goel Construction IPO Details
Price Band₹250 - ₹262 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹80.81 Cr (0.31 Cr Shares) |
Offer For Sale₹18.96 Cr (0.07 Cr Shares) |
Total Issue₹99.77 Cr (0.38 Cr Shares) |
Face Value₹10 per equity share |
Goel Construction IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
2
800
2,09,600
Maximum
2
800
2,09,600
|
|||
| Small HNI |
Minimum
3
1,200
3,14,400
Maximum
9
3,600
9,43,200
|
|||
| Big HNI |
Minimum
10
4,000
10,48,000
|
|||
Goel Construction IPO GMP
The estimated Grey Market Premium of Goel Construction IPO is ₹44 per share (16.79%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 35% of Net Offer |
| Retail | Not less than 15% of Net Offer |
| Market Maker | 1,90,400 EQ Shares |
| Employee | 76000 EQ Shares |
| Shareholder | - |
Goel Construction IPO Financials
| 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 |
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 9.81% |
| PAT | 6.50% |
| ROE | 34.09% |
| ROCE | 33.69% |
| Debt to Equity | 0.22 |
| PE Ratio | 7.77 |
| PB Ratio | 2.26 |
| Mkt Cap (in Crs.) | 378.58 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Goel Construction IPO Peer Comparision
| 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
Goel Construction IPO Peer Comparision
| Particulars | Goel Construction |
|---|---|
| Revenue from Ops (in Crs.) | 589.98 |
| PAT (In Crs.) | 38.32 |
| EPS - Basic | 33.72 |
| NAV per share | 115.78 |
| RONW | 34.09% |
| EBITDA | 9.81% |
| PAT Margin | 6.50% |
| Price to earning (PE) | 7.77 |
| Debt to Equity | 0.22 |
| Power Mech | Suntech Infra | Ahluwalia Contracts |
|---|---|---|
| 4,435.42 | 152.65 | 4,098.62 |
| 300.55 | 12.11 | 201.51 |
| 95.05 | 7.98 | 30.08 |
| 665.90 | 32.74 | 268.71 |
| 14.27% | 24.05% | 11.19% |
| 10.98% | 23.87% | 8.34% |
| 6.78% | 7.94% | 4.92% |
| 33.03 | 8.77 | 31.52 |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Purushottam Dass Goel | 35.84% |
| Arun Kumar Goel | 12.99% |
| Others | 48.87% |
| Total | 97.70% |
Management Details
| Name | Designation |
|---|---|
| Purushottam Dass Goel | Chairman & MD |
| Natwar Lal Ladha | CFO |
Company Details
Name: Goel Construction Company Limited
Address: 8, Vashisth Marg, Gom Defence,
Vaishali Nagar, Jaipur, Rajasthan, India 302021
Number: 0141-4045121
Email: info@goelconstruction.co.in
Website: www.goelconstruction.co.in
Book Running Lead Managers (BRLMs)
Srujan Alpha Capital
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Goel Construction IPO is a SME IPO having an issue size of Rs. ₹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.
Goel Construction IPO opens on 02 Sep 25 and closes on 04 Sep 25.
The estimated Grey Market Premium of Goel Construction IPO is ₹44 per share (16.79%).
The minimum lot size of Goel Construction IPO is 400 shares & the minimum application amount is Rs. 104800.
The allotment date of Goel Construction IPO is 08 Sep 25.
The listing date of Goel Construction IPO is 10 Sep 25.
Goel Construction IPO is subscribed -.
Goel Construction IPO is priced at ₹250 - ₹262 per share.
Click the allotment link on Goel Construction IPO page of IPO360.
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