B.R.Goyal Infrastructure Limited IPO

BSE SME

Listed On: Jan 14, 2025 at ₹ 135.75

₹ 135000 /1000 Shares

Check Allotment

B.R.Goyal Infrastructure IPO Details

07 Jan, 2025

Open Date

09 Jan, 2025

Close Date

10 Jan, 2025

Allotment Date

14 Jan, 2025

Listing Date

Issue Price

₹128-135 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

List Price

135.75

Listing Date

2025-01-14

Market Lot

1000 Shares (₹135,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

63,12,000 shares(aggregating up to ₹85.21 Cr)

Retail Portion

35%

Subscription

118.08 times

IPO Docs

DRHP RHP

The IPO of B.R.Goyal Infrastructure is priced at ₹128-135 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Link Intime India Private Ltd is the registrar of the issue.

B.R.Goyal Infrastructure IPO bid opening date is from Jan 7, 2025 and the bid closing date was Jan 9, 2025.
B.R.Goyal Infrastructure IPO allotment result will be available on Jan 10, 2025. The tentative listing date for B.R.Goyal Infrastructure is Jan 14, 2025.

The total issue size is 63,12,000 shares(aggregating up to ₹85.21 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	11,92,000 / 8,94,000	20,86,000	42,10,000
Day 1 - 07-01-25 06:00 PM	0.00 / 0.93 x	2.72 x	1.55 x
Day 2 - 08-01-25 06:00 PM	4.04 / 8.01 x	13.44 x	9.51 x
Day 3 - 09-01-25 06:00 PM	69.88 / 256.9* x	88.27 x	118.08 x

Total No. of Applications: 2,18,744 (Approx)

B.R.Goyal Infrastructure Valuations

EPS Pre IPO

₹12.50/-

EPS Post IPO

₹2.45/-

P/E Pre IPO

10.80

P/E Post IPO

55.13

ROE

18.91%

ROCE

19.72%

Debt/Equity

0.50

RoNW

18.91%

PAT Margin

3.72

Price to Book Value

0.93

B.R.Goyal Infrastructure Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	23,948.52	19,725.84	20,338.54
Revenue	59,619.2	35,329.74	22,863.32
Profit After Tax	2,188.91	1,733.51	756.09
Net Worth	12,666.79	10,479.04	8,746.91
Reserves & Surplus	11,797.15	9,609.4	7,877.27
Total Borrowing	4,947.28	4,163.54	5,340.28

About The Company

Incorporated in the year 2005, B.R.Goyal Infrastructure Limited is involved in construction of infrastructure projects like roads, highways, bridges and buildings.

It has set up an integrated EPC and construction business supported by a design and engineering team and RMC unit. The RMC unit at Indore has installed capacity of 1.80 Lakh cubic meters per annum. The company, as of September 30, 2024, has more than 199 construction equipment and vehicles in operation.

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
Manufacturing Ready Mix Concrete: RMC manufacturing uses computerized operations, resulting in minimal environment degradation in sensitive regions.
Generating electricity through Windmill: The Company has 1.25 MW wind mill installed at Jaisalmer which gives revenue and units as shown below: July' 2024 (13.35 INR, 3.97 Lakh KWh), March '2024 (49.38 INR, 14.70 Lakh KWh), March '2023 (33.57 INR, 10.64 Lakh KWh), March '2022 (45.49 INR, 13.85 Lakh KWh).
Toll Collection Contract (TCC): TCC projects are located across Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram and Manipur.
Residential Plotting Projects: The company has recently launched 2 residential plotting projects called as BRG Hill View - II and BRG Hill View II Extension at Village Sanawadiya, Indore.

The Company had, as on 30th September, 2024, 402 permanent employees and 212 employees at our TCCs.

B.R.Goyal Infrastructure - Promoter(s)

Pre Issue Share Holding: 99.31%

Post Issue Share Holding: 73.00%

Company Promoter(s)

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

B.R.Goyal Infrastructure IPO - Issue Objectives

Funding capital expenditure requirement of the company
Funding Working Capital Requirement of the Company
Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes

Other Details

Company Contact Details

B.R.Goyal Infrastructure

3-A, Agrawal Nagar, Indore 452001,

Phone: +91-731 2403831

Email: cs@brginfra.in

Website: http://www.brginfra.com/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: brgoyal.ipo@linkintime.co.in

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

B.R.Goyal Infrastructure IPO - FAQs

Ans. B.R.Goyal Infrastructure Limited IPO is a SME IPO. The issue is priced at ₹128-135 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jan 7, 2025, and closes on Jan 9, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The B.R.Goyal Infrastructure Limited IPO opens on Jan 7, 2025 and closes on Jan 9, 2025.

Ans. The size of B.R.Goyal Infrastructure Limited IPO is 63,12,000 shares(aggregating up to ₹85.21 Cr).

Ans. The IPO price band is set between ₹128-135 per equity share.

Ans. To apply for B.R.Goyal Infrastructure Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find B.R.Goyal Infrastructure Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of B.R.Goyal Infrastructure Limited IPO is Jan 10, 2025.

Ans. The B.R.Goyal Infrastructure Limited IPO will be listed on Jan 14, 2025.

Ans. Follow the steps to check the allotment status for B.R.Goyal Infrastructure Limited IPO here.