Goel Construction IPO
Goel Construction IPO
Overview
Goel Construction IPO is a book build issue of ₹99.77 crores. The issue is a combination of fresh issue of 0.31 crore shares aggregating to ₹80.81 crores and offer for sale of 0.07 crore shares aggregating to ₹18.96 crores. Goel Construction IPO opens for subscription on Sep 2, 2025 and closes on Sep 4, 2025. The allotment for the Goel Construction IPO is expected to be finalized on Sep 8, 2025. Goel Construction IPO will list on BSE SME with a tentative listing date fixed as Sep 10, 2025. Goel Construction IPO price band is set at ₹250.00 to ₹262.00 per share . The lot size for an application is 400. The minimum amount of investment required by an individual investor (retail) is ₹2,09,600.00 (800 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,200 shares), amounting to ₹3,14,400. Srujan Alpha Capital Advisors LLP is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Choice Equity Broking Pvt.Ltd..
Total Shares
38,08,000
Issue Size
₹100.15 Cr
Price Band
₹263 – ₹263
Lot Size
400 shares
Min. Investment
₹2,10,400
Max. Investment
₹2,10,400
Open Date
02 Sep, 2025
Close Date
04 Sep, 2025
Allotment
08 Sep, 2025
Listing
10 Sep, 2025
Max. Investment
₹2,10,400
Announced
02 Sep, 2025
Opening Date
02 Sep, 2025
Closing Date
04 Sep, 2025
Basis of Allotment
08 Sep, 2025
Initiation of Refunds
09 Sep, 2025
Credit of Shares
09 Sep, 2025
Listing Date
10 Sep, 2025
Live GMP
Est. Listing: ₹311
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About Goel Construction IPO
Goel Construction Company Limited (GCCL), incorporated in 1997, is a construction and infrastructure company with a strong presence across multiple sectors. The company is engaged in civil and structural works, with expertise spanning cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects.
GCCL’s primary focus and core strength lie in the construction of cement plants, power plants, dairy plants, and other industrial facilities, where it
Goel Construction IPO Share Price
Issue Breakdown
Shareholding
Dilution: 27.1% increase in shares
Goel Construction IPO Promoters Holding
Goel Construction IPO Financial Health
Goel Construction Co.Ltd.'s revenue increased by 53% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2025 and March 31, 2024.
Goel Construction IPO Lot Size
Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 800 | ₹2,10,400 |
| Individual investors (Retail) (Max) | 2 | 800 | ₹2,10,400 |
| S-HNI (Min) | 3 | 1200 | ₹3,15,600 |
| S-HNI (Max) | 9 | 3600 | ₹9,46,800 |
| B-HNI (Min) | 10 | 4000 | ₹10,52,000 |
| Employee (Min) | 2 | 800 | ₹2,10,400 |
| Employee (Max) | 4 | 1600 | ₹4,20,800 |
(All values in CR)
Goel Construction IPO Valuations
The market capitalization of Goel Construction IPO is ₹378.58 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROCE | 33.69 |
| Debt/Equity | 0.22 |
| RoNW | 34.09 |
| PAT Margin | 6.50 |
| EBITDA Margin | 9.81 |
| Price to Book Value | 2.26 |
(All values in CR)
Goel Construction IPO Strength & Risk
Goel Construction IPO Strength:
Established track record in infrastructure contracting.
Specialized expertise in industrial infrastructure projects.
Proven execution capability with multiple completed projects.
Strong order book ensuring revenue visibility.
Presence across multiple Indian states with large workforce.
Improving financial performance with better profitability.
Low leverage indicating financial discipline.
Goel Construction IPO Risk:
High working-capital requirements.
Exposure to raw material price volatility and regulatory delays.
Intense competition in infrastructure sector.
Risk of execution delays, cost overruns, or project cancellations.
SME IPO may face low liquidity and high volatility post-listing.
Goel Construction IPO Subscriptions Status
Goel Construction IPO subscribed 124.34 times. The public issue subscribed 88.61 times in the individual investors category, 124.20 times in QIB (Ex Anchor), and 224.80 times in the NII category by September 4, 2025 5:04:34 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 10,62,000 | 10,62,000 | 27.93 |
| Market Maker | 1.00 | 1,90,400 | 1,90,400 | 5.01 |
| QIB (Ex Anchor) | 124.20 | 7,08,400 | 8,79,82,000 | 2 |
| Non-Institutional Buyers | 224.80 | 5,32,799 | 11,97,73,200 | 3 |
| bNII (bids above ₹10L) | 280.68 | 1,64,800 | 9,96,98,800 | 2 |
| sNII (bids below ₹10L) | 113.03 | 1,77,600 | 2,00,74,400 | 527.96 |
| Individual Investors (IND category bidding for 2 Lots) | 88.61 | 12,40,800 | 10,99,45,600 | 2 |
| Employees | 1.01 | 73,600 | 74,400 | 1.96 |
| Total | 124.34 | 25,55,600 | 31,77,75,200 | 8 |
Goel Construction IPO GMP
Goel Construction SME IPO last GMP is ₹48, last updated Sep 5th 2025 12:29 PM. With the price band of 263.00, Goel Construction SME IPO's estimated listing price is ₹311 (cap price + today's GMP).The expected percentage gain/loss per share is 18.25%. >> Goel Construction SME IPO Retail Subject to Sauda: ₹14600 The lowest GMP is ₹0.00, while the highest GMP is ₹60.00.
Last updated 05 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 05 Sep, 2025 | 262 | ₹48 | 14600 | ₹311 (18.25%) | 19200 | 05 Sep, 2025 |
| 04 Sep, 2025 | 262 | ₹48▼ | 14600 | ₹311 (18.25%) | 19200 | 04 Sep, 2025 |
| 03 Sep, 2025 | 262 | ₹60▲ | 18200 | ₹323 (22.81%) | 24000 | 03 Sep, 2025 |
| 02 Sep, 2025 | 262 | ₹55▲ | 16700 | ₹318 (20.91%) | 22000 | 02 Sep, 2025 |
| 01 Sep, 2025 | 262 | ₹0 | - | ₹262 (0.00%) | - | 01 Sep, 2025 |
| 31 Aug, 2025 | 262 | ₹0 | - | ₹262 (0.00%) | - | 31 Aug, 2025 |
| 30 Aug, 2025 | 262 | ₹0 | - | ₹262 (0.00%) | - | 30 Aug, 2025 |
| 29 Aug, 2025 | 262 | ₹0 | - | ₹262 (0.00%) | - | 29 Aug, 2025 |
| 28 Aug, 2025 | 262 | ₹0 | - | ₹262 (0.00%) | - | 28 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Goel Construction IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Goel Construction IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.