Goel Construction SME IPO Subscription Status
Goel Construction SME IPO closed on 4 September 2025 with an overall subscription of 124.34x based on shares applied. QIB demand came in at 124.27x, NII at 225.67x, and retail at 88.61x.
Allotment will be finalised on 8 September 2025. The stock is scheduled to list on NSE and BSE on 10 September 2025.
Issue Price
Rs 263.00
GMP Today
Rs 50.00 (+19.01%)
Overall Subscription
124.34x
Issue Size
₹95.14 Cr
Allotment Date
8 Sept 2025
Listing Date
10 Sept 2025
Goel Construction SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 263.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 18.62 Cr | Rs 2,313.93 Cr | 124.27x |
| FII | - | Rs 623.68 Cr | - |
| DFI | - | Rs 98.76 Cr | - |
| Mutual Funds | - | Rs 5.00 Cr | - |
| Other | - | Rs 1,586.49 Cr | - |
| NII | Rs 13.98 Cr | Rs 3,155.04 Cr | 225.67x |
| bNII (above Rs 10L) | Rs 9.32 Cr | Rs 2,627.09 Cr | 281.85x |
| Corporate | - | Rs 33.76 Cr | - |
| Individual | - | Rs 2,567.21 Cr | - |
| Other | - | Rs 26.12 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.66 Cr | Rs 527.96 Cr | 113.29x |
| Corporate | - | Rs 3.55 Cr | - |
| Individual | - | Rs 519.11 Cr | - |
| Other | - | Rs 5.30 Cr | - |
| IND | Rs 32.61 Cr | Rs 2,889.63 Cr | 88.61x |
| Fixed price | - | Rs 2,889.63 Cr | - |
| Employee | Rs 2.00 Cr | Rs 1.96 Cr | 0.98x |
| Fixed price | - | Rs 1.96 Cr | - |
| Total | Rs 67.21 Cr | Rs 8,360.56 Cr | 124.39x |
Goel Construction SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,770 | 141 | 0.08x |
| FII | - | 30 | - |
| DFI | - | 4 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 106 | - |
| NII | 443 | 38,973 | 87.98x |
| bNII (above Rs 10L) | 295 | 23,748 | 80.50x |
| Corporate | - | 273 | - |
| Individual | - | 23,270 | - |
| Other | - | 205 | - |
| sNII (Rs 2L to Rs 10L) | 148 | 15,225 | 102.87x |
| Corporate | - | 109 | - |
| Individual | - | 14,950 | - |
| Other | - | 166 | - |
| IND | 1,550 | 1,37,340 | 88.61x |
| Fixed price | - | 1,37,340 | - |
| Employee | 190 | 58 | 0.31x |
| Fixed price | - | 58 | - |
| Total | 3,953 | 1,76,512 | 44.65x |
What Do These Subscription Numbers Mean?
A subscription of 124.34x by shares means the IPO received bids for 124 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 124.27x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 124.27x, it reflects serious institutional conviction.
NII at 87.98x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 80.50x and sNII at 102.87x by applications. Share subscription was 225.67x. Allotment uses application count, not share volume.
At 88.61x subscription by applications, approximately 1 in 89 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
null Employee reservation uses the same lottery logic as retail when oversubscribed.
Goel Construction SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 88.61x.
- •Allotment odds: about 1 in 89 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 102.87x.
- •Allotment odds: about 1 in 103 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 113.29x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 80.50x.
- •Allotment odds: about 1 in 81 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 281.85x. Allotment uses application count, not share volume.
Check the Goel Construction SME IPO Allotment Status page from 8 September 2025 for your allotment result.
Goel Construction SME IPO GMP After Subscription
GMP for Goel Construction SME stands at Rs 50.00 today, giving an estimated listing price of Rs 313.00 per share.
A subscription of 124.34x combined with a GMP of 19.01% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Goel Construction SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Goel Construction SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 2 Sept 2025 | 3.50x | 2.01x | 2.42x | 2.58x |
| Day 2 - 3 Sept 2025 | 6.49x | 19.25x | 11.68x | 11.50x |
| Day 3 - 4 Sept 2025 | 124.20x | 224.80x | 88.61x | 124.34x |
Goel Construction SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 2 September 2025 |
| IPO Close Date | 4 September 2025 |
| Allotment Date | 8 September 2025 |
| Refund Initiation | 9 September 2025 |
| Share Credit to Demat | 9 September 2025 |
| Listing Date | 10 September 2025 |
| Minimum Investment | Rs 2,10,400.00 |
| Lot Size | 400 shares |
About Goel Construction SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Goel Construction SME IPO Subscription FAQs
What is Goel Construction SME IPO subscription status today?
Goel Construction SME IPO subscription closed on 4 September 2025 with overall subscription of 124.34x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 124.27x, NII 87.98x, IND 88.61x.
What is the overall subscription of Goel Construction SME IPO?
Goel Construction SME IPO is subscribed 124.34x overall by shares at close on 4 September 2025. QIB 124.27x, NII 87.98x, and IND 88.61x.
What is Goel Construction SME IPO QIB subscription?
Goel Construction SME IPO QIB (Qualified Institutional Buyers) subscription is 124.27x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Goel Construction SME IPO IND subscription?
Goel Construction SME IPO IND subscription is 88.61x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Goel Construction SME IPO NII subscription?
Goel Construction SME IPO NII (Non-Institutional Investors) subscription is 87.98x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Goel Construction SME IPO for retail?
At 88.61x subscription by applications, approximately 1 in 89 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is Goel Construction SME IPO allotment date?
Goel Construction SME IPO allotment date is 8 September 2025. Check Goel Construction SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Goel Construction SME IPO subscription close?
Goel Construction SME IPO subscription closed on 4 September 2025. No new applications are accepted after the close.
What is Goel Construction SME IPO GMP today?
Goel Construction SME IPO GMP is ₹50 today (+19.01% over issue price ₹263). See live GMP on the Goel Construction SME IPO GMP Today page.
What is Goel Construction SME IPO issue price and lot size?
Goel Construction SME IPO issue price is ₹263 per share. Lot size is 400 shares. Minimum investment is ₹2,10,400 per lot (minimum 2 lots for SME). Issue size: ₹95.14 Cr.
When is Goel Construction SME IPO listing date?
Goel Construction SME IPO listing date is 10 September 2025 on NSE and BSE. Allotment is on 8 September 2025.
How does subscription affect Goel Construction SME IPO allotment?
Allotment odds in Goel Construction SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 87.98x by applications means roughly 1 in 88 for minimum-lot bids; bNII at 80.50x (~1 in 81). At 124.34x overall, competition is very high.
For allotment results from 8 September 2025, visit the Goel Construction SME IPO Allotment Status page. For listing day updates on 10 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.