Check out BR Goyal Infrastructure IPO GMP, Kostak rates, and Subject to Sauda rates with the latest updates. BR Goyal Infrastructure IPO GMP activity started ahead of the public offer. The latest GMP for BR Goyal Infrastructure IPO is INR 21 per share, indicating an expected profit of 15.6% on the listing.
Before going ahead, please note that the IPO grey market is an unofficial and unregulated market with a lot of volatility. Therefore, your investment decision should not be completely based on the BR Goyal Infrastructure IPO premium movement.
B R Goyal Infrastructure IPO GMP Trend
Date | IPO GMP | Kostak | Subject to Sauda |
4 January 2025 | 21 | – | 15,500 |
3 January 2025 | 21 | – | 15,500 |
BR Goyal Infrastructure IPO is scheduled to open on 7 January 2025. The public offer involves a fresh issue of 63,12,000 shares, priced in the range of INR 128 – 135 per share. In total, BR Goyal Infrastructure IPO size is pegged at INR 80.79 – 85.21 crore.
BR Goyal Infrastructure has been engaged in constructing and developing infrastructure projects such as roads, highways, bridges, and buildings since its inception. It has a presence in Madhya Pradesh, Maharashtra, Gujarat, Haryana, Uttar Pradesh, Mizoram, and Manipur. The company carries out EPC services for third parties (majorly for government departments), primarily in roads & highways, commercial complexes, industrial parks, housing projects, and HAM (Hybrid Annuity Mode) Projects. It is also engaged in wind power generation, Ready-Mix Concrete (RMC) manufacturing, and Toll Collection Contract (TCC).
As of 30 September 2024, The company has 26 ongoing projects in the roads and bridges sector which include the construction, improvement, widening, strengthening, degradation, and rehabilitation of two, four and six-lane highways construction of high-level bridges, and construction of road network and an order book of INR 873.40 crore that comprises 24 EPC (road & building) projects and 2 toll projects.
As of 30 September 2024, the company had 402 permanent employees and 212 employees at its TCCs.
Promoters of BR Goyal Infrastructure – Mr. Brij Kishore Goyal, Mr. Balkrishna Goyal, Mr. Gopal Goyal, Mr. Rajendra Kumar Goyal, Mr. Yash Goyal, and Mr. Uppal Goyal
Table of Contents
BR Goyal Infrastructure IPO Details
BR Goyal Infrastructure IPO Dates | 7 – 9 January 2025 |
BR Goyal Infrastructure Issue Price | INR 128 – 135 per share |
Fresh issue | 63,12,000 shares (INR 80.79 – 85.21 crore) |
Offer For Sale | NIL |
Total IPO size | 63,12,000 shares (INR 80.79 – 85.21 crore) |
Minimum bid (lot size) | 1,000 shares (INR 1,35,000) |
Face Value | INR 10 per share |
Retail Allocation | 35% |
Listing On | BSE SME |
BR Goyal Infrastructure Financial Performance
 | FY 2022 | FY 2023 | FY 2024 | 4M FY 2025 |
Revenue | 224.88 | 346.22 | 588.76 | 155.51 |
Expenses | 218.51 | 331.05 | 567.54 | 154.18 |
Net income | 7.45 | 17.32 | 21.88 | 1.97 |
BR Goyal Infrastructure Offer News
- BR Goyal Infrastructure RHP
- BR Goyal Infrastructure Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
BR Goyal Infrastructure Valuations & Margins
FY 2022 | FY 2023 | FY 2024 | |
EPS | 4.29 | 9.96 | 12.58 |
PE ratio | – | – | 10.17 – 10.73 |
RONW (%) | 9.03 | 18.03 | 18.91 |
NAV | 100.58 | 120.50 | 145.66 |
ROCE (%) | 12.28 | 19.60 | 19.72 |
EBITDA (%) | 8.40 | 7.71 | 5.51 |
Debt/Equity | 0.61 | 0.40 | 0.39 |
*Compiled by IPO Central from Prospectus
BR Goyal Infrastructure IPO Subscription – Live Updates
The market maker reservation portion as shares is not included in the above calculations.
BR Goyal Infrastructure IPO Allotment Status
BR Goyal Infrastructure IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
BR Goyal Infrastructure IPO Dates & Listing Performance
IPO Opening Date | 7 January 2025 |
IPO Closing Date | 9 January 2025 |
Finalization of Basis of Allotment | 10 January 2025 |
Initiation of refunds | 13 January 2025 |
Transfer of shares to demat accounts | 13 January 2025 |
IPO Listing Date | 14 January 2025 |
Opening Price on BSE SME | Coming soon |
Closing Price on BSE SME | Coming soon |
BR Goyal Infrastructure Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
BR Goyal Infrastructure Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
BR Goyal Infrastructure Issue Contact Details
BR GOYAL INFRASTRUCTURE LIMITED
3-A, Agrawal Nagar,
Indore – 452001, Madhya Pradesh
Phone:Â (+91-731) 2403831,4096902
E-mail:Â [email protected]
Website:Â www.brginfra.com
IPO GMP Dashboard – IPO Discussion
You can check the latest GMP of all current and recently closed IPOs on our IPO GMP Dashboard. Please note that the dashboard includes data for both Mainboard and SME IPOs and is updated regularly. This is helpful to investors looking for expected listing gains of all IPOs at one place.
IPO GMPÂ is the per share premium an IPO commands in the grey market before the listing of shares. In simple terms, this IPO premium indicates the price gray market buyers are willing to pay over and above the allotment price asked by the company. As such, GMP indicates that the offer is likely to list at higher prices and reward successful applicants. On the other hand, an IPO grey market discount indicates that the offer is likely to list at lower rates.
IPO FAQs
What is BR Goyal Infrastructure offer size?
BR Goyal Infrastructure offer size is INR 80.79 – 85.21 crores.
What is BR Goyal Infrastructure offer price band?
BR Goyal Infrastructure public offer price is INR 128 – 135 per share.
What is the lot size of BR Goyal Infrastructure IPO?
BR Goyal Infrastructure offer a lot size is 1,000 shares.
What is BR Goyal Infrastructure IPO GMP today?
BR Goyal Infrastructure IPO premium today is INR 21 per share.
What is BR Goyal Infrastructure kostak rate today?
BR Goyal Infrastructure kostak rate today is INR NA per application.
What is BR Goyal Infrastructure Subject to Sauda rate today?
BR Goyal Infrastructure is Subject to the Sauda rate today is INR 15,500 per application.
What are BR Goyal Infrastructure IPO’s expected listing price and return?
As per the prevailing grey market premium, BR Goyal Infrastructure IPO’s expected listing price is INR 21 per share while the return is likely to be 15.6%.