B.R. Goyal Infrastructure Limited, a prominent player in India’s infrastructure sector, launched its B.R. Goyal Infrastructure IPO on January 7, 2025, with the subscription period closing on January 9, 2025. The IPO is entirely a fresh issue, aiming to raise ₹85.21 crore by offering 63.12 lakh shares within a price band of ₹128 to ₹135 per share.
B.R. Goyal Infrastructure IPO
The B.R. Goyal Infrastructure IPO opened for subscription on January 7, 2025, and will close on January 9, 2025.
Here are the key dates for the IPO:
- IPO Opening Date: January 7, 2025
- IPO Closing Date: January 9, 2025
- Allotment Finalization: January 10, 2025
- Refunds Initiation: January 11, 2025
- Shares Credit to Demat Accounts: January 13, 2025
- Listing Date: January 14, 2025
B.R. Goyal Infrastructure IPO Company Overview:
Established in 2005, B.R. Goyal Infrastructure specializes in the construction and development of infrastructure projects, including roads, highways, bridges, and buildings. The company operates across multiple Indian states such as Madhya Pradesh, Maharashtra, Gujarat, and Uttar Pradesh. It also provides Engineering, Procurement, and Construction (EPC) services and has diversified into wind power generation and Ready-Mix Concrete (RMC) manufacturing.
Financial Performance:
The company’s financials indicate robust growth:
- Revenue: Increased from ₹353.30 crore in FY23 to ₹596.19 crore in FY24.
- Profit After Tax (PAT): Rose from ₹17.34 crore in FY23 to ₹21.89 crore in FY24.
- Debt-to-Equity Ratio: Stands at 0.50, reflecting moderate leverage.
IPO Objectives:
The funds raised through the IPO are intended for:
- Funding capital expenditure requirements.
- Meeting working capital needs.
- Supporting inorganic growth through acquisitions and other strategic initiatives.
- General corporate purposes.
Br Goyal Infrastructure IPO Subscription Status
As of January 8, 2025, the second day of its subscription period, the B.R. Goyal Infrastructure Limited IPO has garnered significant interest from investors. The overall subscription status is as follows:
- Total Subscription: Approximately 5.14 times.
- Retail Individual Investors (RII): Subscribed 8.66 times.
- Non-Institutional Investors (NII): Subscribed 3.19 times.
- Qualified Institutional Buyers (QIB): No subscriptions reported yet.
The IPO, which opened on January 7 and is set to close on January 9, 2025, aims to raise ₹85 crore through the issuance of over 63 lakh shares. The price band for the shares is set between ₹128 and ₹135 per share. Notably, the shares are trading at a grey market premium (GMP) of ₹45, indicating a potential listing at a 33% premium over the upper price band.
The funds raised are intended for capital expenditures, working capital requirements, and potential acquisitions. The company is scheduled to finalize the share allotment by January 10, 2025, with the shares expected to be listed on the BSE SME platform on January 14, 2025.
Investors should be aware that the subscription figures are dynamic and may change as the IPO progresses. It’s advisable to consult official sources or financial advisors for the most current information before making investment decisions.
What is the Share Price of B.R. Goyal Infrastructure IPO?
The B.R. Goyal Infrastructure IPO has a price band set at ₹128 to ₹135 per share. Investors can bid within this range during the IPO subscription period, which runs from January 7, 2025, to January 9, 2025.
The shares are expected to list on the BSE SME platform on January 14, 2025. The final listing price will depend on demand and market conditions at the time of listing.
As of now, shares are trading at a Grey Market Premium (GMP) of approximately ₹45, suggesting a potential listing price of around ₹180 (₹135 + ₹45), though this is speculative and subject to change.
Keep an eye on official updates for the final allotment and listing price!
Investment Considerations:
Strengths:
- Diversified business model with multiple revenue streams.
- Strong project execution capabilities across various states.
- Commitment to sustainable practices through investment in wind energy.
Risks:
- Dependence on government infrastructure spending.
- Exposure to raw material price volatility.
- Competitive industry landscape.
Conclusion:
B.R. Goyal Infrastructure’s IPO presents an opportunity to invest in a growing infrastructure company with a solid financial track record and diversified operations. However, potential investors should carefully assess the associated risks and consider their investment objectives before participating.
B.R. Goyal Infrastructure Company Give Returns With Table
To provide a detailed view of potential returns from B.R. Goyal Infrastructure Ltd., we would need to analyze the company’s financial performance over time, including its stock price movement, earnings growth, and market position. Since the company has not yet been listed (its IPO is scheduled for January 14, 2025), we cannot calculate actual historical returns.
However, we can create a hypothetical table based on key financial indicators from the company’s IPO and projected returns once the company is listed. This assumes the stock price performs based on its Grey Market Premium (GMP) and its financial growth potential.
Hypothetical Returns Based on Financial Performance (After Listing)
| Metric | FY 2024 | Expected Post-IPO Listing (₹) | Estimated Return (Post-IPO) |
| IPO Price Band | ₹128 – ₹135 | ₹135 (upper band) | N/A |
| FY 2024 Revenue | ₹596.19 crore | N/A | N/A |
| Profit After Tax (PAT) | ₹21.89 crore | N/A | N/A |
| Debt-to-Equity Ratio | 0.50 | N/A | N/A |
| Return on Equity (ROE) | 18.91% | N/A | N/A |
| GMP (Grey Market Premium) | N/A | ₹45 | ~33% (from ₹135 upper price) |
| Expected Listing Price | N/A | ₹180 | ~33% Return (on ₹135) |
Key Takeaways:
- IPO Price Band: The price for the IPO is in the range of ₹128 to ₹135 per share.
- Grey Market Premium (GMP): With a GMP of ₹45, shares could list around ₹180.
- Potential Return: If the stock lists at ₹180, the potential return on the upper IPO price of ₹135 could be ~33%.
Financial Health (FY 2024):
- Revenue Growth: The company has shown strong revenue growth, from ₹353.30 crore in FY23 to ₹596.19 crore in FY24.
- Profit Growth: Profit After Tax (PAT) has increased from ₹17.34 crore in FY23 to ₹21.89 crore in FY24.
- Leverage and Profitability: The company’s debt-to-equity ratio of 0.50 and ROE of 18.91% indicate a well-managed balance sheet with effective capital use.
Final Thought:
Although returns from the stock cannot be calculated until the stock is listed, the strong financials and the GMP indicate a potentially positive return for investors. Once listed, further market conditions and company performance will impact actual returns.
Sat Kartar Shopping IPO 2025 – All You Need to Know
Barflex Polyfilms IPO: Everything You Need To Know
Quadrant Future Tek Limited IPO: All You Need to Know Before Investing
Disclaimer: The content on this website is intended for informational purposes only and should not be interpreted as financial or investment advice. Engaging in stock market activities involves inherent risks, and outcomes can be unpredictable. While we strive to provide accurate and up-to-date information, we do not make any guarantees regarding the completeness or reliability of the content. Any investment decisions you make should be based on your own research and consultation with a qualified financial professional. We are not responsible for any financial gains or losses resulting from actions taken based on the information provided here. Always invest wisely and at your own risk.
