Goel Construction IPO Will Open On Sep 02, 2025 And Close On Sep 04, 2025. The ₹ 99.77 Cr. IPO is A Fresh Issue & Offer for Sale (OFS). Goel Construction IPO Price Band Is Set At ₹250 to ₹262 per share.
The Allotment Will Be Finalized On Sep 08, 2025 and Listing date is Expected on The BSE SME By Sep 10, 2025. Investor Quota like 46.48% QIB, 32.56% Retail, and 13.96% HNI and Market Maker is 5.00% or Employes is 2.00 Category.
Financial Year 2025 Company Posted a Revenue of ₹594.34 Cr. and A Net Profit of ₹38.82 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Goel Construction IPO Dates & Price Band Details
Open Date | Sep 02, 2025 |
---|---|
Close Date | Sep 04, 2025 |
Price Band | ₹250 to ₹262 per share |
Face Value | ₹10 per equity share |
Lot Size | 400 Shares |
Minimum Investment | ₹1,04,800 Lakhs (for 1 lot at ₹262) |
Type of Issue | Fresh Issue & (OFS) |
Total Issue Size | 38,08,000 shares (Approx ₹99.77 Cr) |
Fresh issue size | 30,84,400 shares (Approx ₹75.82 Cr) |
Offer for Sale | 7,23,600 shares (Approx ₹18.19 Cr) |
Market Maker | 1,90,400 shares (Approx ₹4.99 Cr) |
Issue Type | Bookbuilding IPO |
Market Maker Shares | 5.00% |
Retail Investor Quota | 32.56% |
QIB Quota | 46.48% |
NII (HNI) Quota | 13.96% |
Employee Reservation Portion | 2.00% |
Listing Exchange | BSE SME |
Anchor Investor List | Click Here |
DRHP (Draft Prospectus) | Click Here |
RHP (Final Prospectus) | Click Here |
About Goel Construction Limited
Our Company was originally incorporated on June 24, 1997 “Goel Construction Limited” We are a construction contractors having experience in construction of industrial plants and infrastructure projects.
Our primary focus and strength has been deeply rooted in construction of Cement Plant, Power Plant and Dairy Plant and other industrial plants.Our focus is on delivering construction services, ensuring quality, timely execution and adherence to project specifications.

Goel Construction IPO Market Lot Size
The Minimum Lot Size For The Goel Construction IPO is 800 Shares, Requiring An Application Amount of ₹1,04,800 and in multiples of 400 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail Minimum | 2 | 800 | ₹2,09,600 |
Retail Maximum | 2 | 800 | ₹2,09,600 |
S-HNI (Min) | 3 | 1,200 | ₹3,14,400 |
S-HNI (Max) | 9 | 3,600 | ₹9,43,200 |
B-HNI (Min) | 10 | 4,000 | ₹10,48,000 |
Employee (Min) | 2 | 800 | ₹2,09,600 |
Employee (Max) | 4 | 1,600 | ₹4,19,200 |
Objects Of The Issue
1. Capital expenditure towards purchase of additional equipments and fleets
2. Repayment / prepayment of certain outstanding borrowings availed by our Company
3. General Corporate Purpose
Goel Construction IPO Allotment & Listing Dates
Goel Construction IPO Will Open on Sep 02 and Close on Sep 04, 2025. The allotment is Expected on Sep 08, With the Listing Scheduled on BSE SME For Sep 10, 2025 (More information below table).
Anchor Investor Bidding | Mon, Sep 01, 2025 |
---|---|
IPO Open | Tue, Sep 02, 2025 |
IPO Close | Thur, Sep 04, 2025 |
Allotment Finalisation | Mon, Sep 08, 2025 |
Refunds / Unblocking | Tue,Sept 09, 2025 |
Shares Credited to Demat | Tue,Sept 09, 2025 |
Listing Date | Wed,Sep 10, 2025 |
Goel Construction IPO Financial Report (FY 2025)
Goel Construction Reported a total Revenue of ₹594.34 Cr. in FY 2025, Slightly up From ₹388.79 Cr. in FY 2024. The Company Net Profit Also Rose to ₹38.32 Cr. From ₹22.64 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
---|---|---|---|
Assets | 265.09 | 219.51 | 205.04 |
Revenue | 594.34 | 388.79 | 272.94 |
Profit After Tax | 38.32 | 22.64 | 14.30 |
EBITDA | 57.91 | 36.29 | 23.41 |
Net Worth | 131.59 | 93.27 | 70.62 |
Reserves and Surplus | 120.22 | 92.23 | 69.59 |
Total Borrowing | 28.71 | 30.51 | 28.51 |
Amount in ₹ Crore |
Goel Construction IPO Valuation Report – FY 2025 (KPI)
Check Detailed Goel Construction IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
KPI | Value |
---|---|
Return on Equity (ROE) | 33.59% |
Return on Capital Employed (ROCE) | 33.69% |
EBITDA Margin | 9.81%% |
PAT Margin | 6.50% |
Debt-to-Equity Ratio | 0.22 |
Earnings Per Share (EPS) | 33.72 |
Price to Earnings Ratio (P/E) | 7.76 |
Return on Net Worth (RoNW) | 34.09% |
Net Asset Value (NAV) | 115.78 |
Our Strengths
- Project management and execution capabilities
- Long standing relationships with customer
- Strong order book providing revenue visibility
- Strong and consistent financial performance
- Effective management of equipment and fleet
- Experienced Promoters, Directors and management team
Our Company Promoters
- 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 are the Promoters of our Company.
Comparison of Accounting Ratios with Industry Peers
Companies | Face Value (₹) | CMP (₹) | EPS (Basic) (₹) | P/E Ratio | RONW (%) | NAV (per share) (₹) |
---|---|---|---|---|---|---|
Goel Construction Company Limited | 10 | [â—Ź] | 33.72 | 7.76 | 34.09 | 115.78 |
Power Mech Projects Limited | 10 | 3140.15 | 95.05 | 33.03 | 14.27% | 665.90 |
Suntech Infra Solutions Limited | 10 | 69.95 | 7.98 | 8.77 | 24.05% | 32.74 |
Ahluwalia Contracts (India) Limited | 10 | 948.20 | 30.08 | 31.52 | 11.19% | 268.71 |
Our Customer Segment
Our constructions works can be majorly classified in the following customer segments
Cement Plant: Our services include civil construction of Clinekerization and Grinding unit, which includes pre-heaters, cement mill, packing plant, silos, and other allied structures for both greenfield and brownfield projects
Power Plant: We undertake civil structural and architectural works of Balance of Plant (BOP) including Coal handling plant, water treatment system, ash handling plant, silos, chimney, cooling tower & water systems and other related works.
Dairy Plant: We undertake the construction of dairy and allied product facilities, including Cattle Feed Plants (CFP), with end-to-end procurement and construction services, ensuring compliance with food-grade standards.
Other industrial plants: It includes civil construction services offered to steel and other industrial projects.
In the last four years we have successfully executed and delivered 19 projects with an aggregate Contract Value of ₹1,13,499.37 lakhs, across various states in India. As on June 30, 2025, we have 14 ongoing projects across eight states in India, with an Order Book of ₹59,660.28 lakhs.
We have successfully expanded our geographical footprint, with a presence in the states of Rajasthan, Andhra Pradesh, Haryana, Gujarat, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Punjab, Maharashtra, Karnataka and Uttar Pradesh.
Also Read:Â Goel Construction IPO GMP Today, Grey Market Premium Live
Goel Construction Company Contact Details
Registered Office: 8, Vashisth Marg,
Gom Defence,Vaishali Nagar,
Jaipur-302021, Rajasthan
Tel: 0141-4045121
E-mail: info@goelconstruction.co.in
Website: www.goelconstruction.co.in
Goel Construction Lead Manager
Srujan Alpha Capital Advisors LLP
Registered Address: 112A, 1st floor,
Arun Bazar, S.V. Road, Beside Bank of India,
Malad (West), Mumbai – 400 064
Telephone: +91 022- 4603 0709
E-mail: goel.smeipo@srujanalpha.com
Website: www.srujanalpha.com
Goel Construction IPO Registrar
MUFG Intime India Private Limited
Registered Address: C-101, 247 Park,
L.B.S.Marg, Vikhroli,(West),Mumbai-400 083
Telephone: +91 810 811 4949
Email: goelconstruction.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com
Goel Construction IPO FAQs
Question 1: What is the Goel Construction IPO?
Answer 1:Goel Construction IPO is a SME IPO of 38,08,000 equity shares of the face value of ₹10 approximately up to ₹99.77 Cr. The issue is priced at ₹250 to ₹262 per share.
The Goel Construction IPO opens on Sep 02, 2025 and closes on Sep 04, 2025.
MUFG Intime India Private Limited is the registrar for the IPO. The shares to be listed on BSE SME.
Question 2: How to apply in Goel Construction IPO through Groww?
Answer 2: Groww customers can apply online in Goel Construction IPO using UPI as a payment gateway. Groww customers can apply in Goel Construction IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Goel Construction IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Goel Construction IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Goel Construction IPO will open?
Answer 3: The Goel Construction IPO opens on Sep 02, 2025, and closes on Sep 04, 2025.
Question 4: What is the lot size of Goel Construction IPO?
Answer 4:Goel Construction IPO lot size and the minimum order quantity is 400 Shares.
Question 5: How to apply for Goel Construction IPO?
Answer 5: You can apply in Goel Construction IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Goel Construction IPO allotment date?
Answer 6: The Basis of Allotment for Goel Construction IPO will be on Mon, Sep 8, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 9, 2025. For Check the Goel Construction IPO allotment status.
Question 7: When is Goel Construction IPO listing date?
Answer 7: The Goel Construction IPO listing date is Sep 10, 2025. The date of Goel Construction IPO listing on Wed, Sep 10, 2025.