B.R.Goyal SME: Check IPO Date, Live Subscription and Key Details
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.
Price Range
₹128.0 - 135.0
Issue Size
₹85.21 Cr
Lot Size
1,000 shares
IPO Type
BSE SME
GMP
₹12(+8.89%)
Est. Listing Price
₹147
Estimate Profit
₹24,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
2.45
P/E Ratio
55.13
RoNW
18.91%
ROE
18.91%
Debt to Equity
0.5
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Timeline
IPO Opens
7 Jan
IPO Closes
9 Jan
Allotment
10 Jan
Listing
14 Jan
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 7 January 2025 | Subscription starts |
| IPO Close Date | 9 January 2025 | Subscription ends |
| Allotment Date | 10 January 2025 | Allotment |
| Listing Date | 14 January 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,70,000 |
SHNI (Min) | 3 | ₹4,05,000 |
SHNI (Max) | 7 | ₹9,45,000 |
BHNIAbove ₹10,00,000 | 8 | ₹10,80,000 |
IPO 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
Strengths
- Established player in roads and highways construction.
- Diversified business portfolio across EPC, RMC, wind energy, and toll collection.
- Robust equipment ownership for in-house construction needs.
- Experienced management team ensuring efficient project execution.
- Technology-enabled project management capabilities boosting operational efficiency.
Weaknesses
- High dependency on government infrastructure projects.
- Geographic concentration in select Indian states for projects.
- Limited capacity for rapid scaling in wind energy.
- Fluctuations in raw material costs impacting profitability.
- Competitive pressures from larger, more diversified construction companies.
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Financial Performance
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 269.99 | 239.49 | 197.26 | 203.39 |
| Revenue (₹ Cr.) | 156.86 | 596.19 | 353.3 | 228.63 |
| PAT (₹ Cr.) | 1.94 | 21.89 | 17.34 | 7.56 |
| Net Worth (₹ Cr.) | 128.63 | 126.67 | 104.79 | 87.47 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| B.R.Goyal Infras | 0.94 | 55.13 | 19.09% | 128.63 |
| Teerth Gopicon Ltd. | 1.71 | 27.96 | 59.96% | 19.28 |
| Udayshivakumar Infra | 1.55 | 13.53 | 17.22% | 175 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0x | 4.04x | 69.88x |
| NII | 0.93x | 8.01x | 256.9x |
| RII | 2.72x | 13.44x | 88.27x |
| EMP | 0.29x | 0.74x | 1.11x |
| Total | 1.55x | 9.51x | 118.08x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 11,92,000 | 8,32,98,000 | 1,124.52 |
| NII | 8,94,000 | 22,96,67,000 | 3,100.5 |
| RII | 20,86,000 | 18,41,27,000 | 2,485.71 |
| EMP | 38,000 | 42,000 | 0.57 |
| Total | 42,10,000 | 49,71,34,000 | 6,711.31 |
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Company Details
- B.R.Goyal Infrastructure Limited
- 3-A Agrawal Nagar, Indore 452001,
- +91-731 2403831
- cs@brginfra.in
- http://www.brginfra.com/
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- brgoyal.ipo@linkintime.co.in
- https://linkintime.co.in/initial_offer/public-issues.html
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