Goel Construction IPO Date, Review, Price, Details
Goel Construction Company is set to launch its IPO from September 2 to September 4, 2025, utilizing the book-built issue route to raise an estimated ₹99.77 crore, which includes a fresh equity issue of around ₹80.81 crore and an offer for sale of up to 7,23,600 shares with a face value of ₹10 each. The price band for the IPO is set between ₹250 and ₹262 per share, with investor quotas segmented as 35% for retail, 50% for institutional (QIB), and 15% for high-net-worth individuals (HNIs). The shares are expected to list on the BSE SME exchange on September 10, 2025, and the allotment will be finalized by September 8, 2025.
For the financial year 2025, Goel Construction reported a revenue of approximately ₹594.34 crore, marking strong growth from ₹388.79 crore in 2024. Net profit also saw a significant jump to ₹38.32 crore in 2025 from ₹22.64 crore the previous year, indicating robust and consistent business expansion.
Goel Construction IPO Market Lot Size
The Goel Construction IPO minimum market lot is 800 shares with ₹2,09,600 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 2 | 800 | ₹2,09,600 |
Retail Maximum | 2 | 800 | ₹2,09,600 |
S-HNI Minimum | 3 | 1200 | ₹3,14,400 |
S-HNI Maximum | 9 | 3,600 | ₹9,43,200 |
B-HNI Minimum | 10 | 4,000 | ₹10,48,000 |
Goel Construction IPO Details
IPO Open Date: | September 2, 2025 |
IPO Close Date: | September 4, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹250 to ₹262 Per Share |
Issue Size: | Approx ₹99.77 Crores |
Fresh Issue: | Approx ₹80.81 Crores |
Offer for Sale: | Approx 7,23,600 Equity Shares |
Lot Size: | 400 Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Goel Construction IPO Valuation – FY2025 (KPI)
Check Goel Construction IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 34.09% |
ROCE: | 33.69% |
EBITDA Margin: | 9.81% |
PAT Margin: | 6.50% |
Debt to equity ratio: | 0.22 |
Earning Per Share (EPS): | ₹33.72 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 34.09% |
Net Asset Value (NAV): | ₹115.78 |
Goel Construction IPO Company Financial Report
The company reported revenue of ₹594.34 crores in 2025 against ₹388.79 crores in 2024. The company reported profit of ₹38.32 crores in 2025 against profit of ₹22.64 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹272.94 | ₹254.06 | ₹14.30 | ₹205.04 |
2024 | ₹388.79 | ₹358.47 | ₹22.64 | ₹219.51 |
2025 | ₹594.34 | ₹542.90 | ₹38.32 | ₹265.09 |
Goel Construction IPO Dates
The Goel Construction IPO date is September 2 and the close date is September 4. The Goel Construction IPO allotment will be finalized on September 8 and the IPO listing on September 10.
IPO Open Date: | September 2, 2025 |
IPO Close Date: | September 4, 2025 |
Basis of Allotment: | September 8, 2025 |
Refunds: | September 9, 2025 |
Credit to Demat Account: | September 9, 2025 |
IPO Listing Date: | September 10, 2025 |
Promoters of Goel Construction IPO
The promoters of the company are Mr. Purushottam Dass Goel, Mr. Arun Kumar Goel, Mr. Naresh Kumar Goel, Mr. Ratan Kumar Goel, Mr. Amit Goel, Mr. Anuj Goel, Mr. Ashwani Goel, Mr. Chinmay Goel, Mr. Mohak Goel, Mrs. Soni Goel, Mrs. Isha Goel, Mrs. Nirmala Goel, and Mrs. Suman Goel.
About Goel Construction IPO
Goel Construction Company Limited, established in 1997, has evolved into a prominent player in the civil and infrastructure sector, focusing on major industrial and institutional projects across a range of industries like cement, power, healthcare, and dairy. The firm boasts a robust portfolio, having completed 18 significant projects collectively valued at ₹1,03,320.40 lakhs in states such as Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, and Karnataka. As of late February 2025, Goel Construction is actively managing 14 ongoing assignments distributed over seven states, and maintains a permanent workforce of 1,168 employees, which reflects both its operational scale and established relationships with clients. Known for its strong project pipeline and commitment to timely delivery, Goel Construction continues to strengthen its reputation within the Indian infrastructure landscape.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Power Mech Projects Limited | 95.05 | 33.03 | 14.27% | 665.90 | – Cr. |
Suntech Infra Solutions Limited | 7.98 | 8.77 | 24.05% | 32.74 | – Cr. |
Ahluwalia Contracts (India) Limited | 30.08 | 31.52 | 11.19% | 268.71 | – Cr. |
Objects of the IPO
Investment in acquiring new equipment and vehicle fleets.
Settlement or early payment of some existing loans taken by the company.
Utilization of funds for broader business needs and activities.
Merchant Bankers
- Srujan Alpha Capital Advisors LLP
Company Address
Goel Construction Co.Ltd.
230,
City Centre,
S.C. Road
Jaipur, Rajasthan, 302001
Phone: 0141-2365121
Email: [email protected]
Website: https://www.goelconstruction.co.in/
Goel Construction IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)