Goel Construction Company Ltd IPO

Goel Construction Company Ltd IPO

We are 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. Our understanding of industrial construction requirements of our clients, our commitment to safety, and the ability to manage complex projects, fosters long term relationship with our clients. In the last three years we have successfully executed and delivered 18 projects with an aggregate Contract Value of Rs.1,03,320.40 lakhs, across various states in India. As on February 28, 2025, we have 14 ongoing projects across seven states in India, with an Order Book of Rs.48,861.97 lakhs.

Goel Construction Company Ltd IPO Details

Total Shares Offered

₹ 38,08,000

Offer to Public

7,23,600

Retail Max (Shares)

₹ 12,40,000

Pre Issue Promoters Holding

₹ 1,11,03,400

Exchange

BSE

Issue size

₹ 100.15 Cr

IPO Open Date

Sep 2, 2025

Close Date

Sep 4, 2025

Lot Size

800

Min Investment

₹ 2,00,000

Issue Type

Book Building - SME

Listing Date

Sep 9, 2025

Goel Construction Company Ltd IPO Dates

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Sep 2, 2025
Opening date
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Sep 4, 2025
Closing date
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Sep 8, 2025
Basis of Allotment
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Sep 9, 2025
Initiation of Refunds
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Sep 9, 2025
Credit of Shares
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Sep 9, 2025
Listing date

Details

SectorType
SectorEngineering - Turnkey Services
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Goel Construction Company Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations59.0336.2023.38
EBITDA66.6142.0727.88
PAT38.3222.6414.30
Total Assets155.43139.35127.34
Share Capital11.371.031.03
Total Borrowings89.1581.4455.05
Operating Activities (Net Cash)45.9028.5118.80
Investing Activities (Net Cash)-1.806.819.31
Financing Activities (Net Cash)89.1581.4455.05
Net Cashflow55.4044.3016.89

About Goel Construction Company Ltd

Our Company, Goel Construction Company Limited (Company or Issuer) was originally incorporated in the name and style of `Goel Construction Company Private Limited' under the Companies Act, 1956 with the Registrar of Companies, Jaipur, vide certificate of incorporation dated June 24, 1997. Further, the constitution of Company was changed from a Private Limited Company to a Public Limited Company and consequently the name of our Company was changed to `Goel Construction Company Limited', and a fresh certificate of incorporation dated December 20, 2024 was issued by the Registrar of Companies, Jaipur,

The Construction sector is a key component of the Indian economy with linkages across more than 250+ sub sectors. Construction, the second largest economic activity in India (after agriculture) contributes around 9.1% to the national GDP. Further, India is poised to become the third largest construction market in the next 2-3 years on the back of stable economic growth as the real estate sector has emerged to be a critical engine in the country's growth story. The construction sector, along with the output generated from real estate services and ownership of dwellings, contributes nearly 14.3% to the economy's total output (at constant prices) in FY 2023.

We are 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. Our understanding of industrial construction requirements of our clients, our commitment to safety, and the ability to manage complex projects, fosters long term relationship with our clients. In the last three years we have successfully executed and delivered 18 projects with an aggregate Contract Value of Rs.1,03,320.40 lakhs, across various states in India. As on February 28, 2025, we have 14 ongoing projects across seven states in India, with an Order Book of Rs.48,861.97 lakhs.

Peer Comparison:

  • Power Mech Projects Ltd
  • Suntech Infra Solutions Limited
  • Ahluwalia Contracts (India) Limited

Goel Construction Company Ltd Key Points

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.

Risk

Our ongoing projects are exposed to various implementation risks and uncertainties and may be delayed, modified or cancelled for reasons beyond our control, which may adversely affect our business, financial condition and results of operation.

Our Order Book may not be representative of our future results and our actual income may be significantly less than the estimates reflected in our Order Book, which could adversely affect our results of operations.

We may not be able to compete and secure work order for projects we bid for, which could adversely affect our business and results of operations.

Strategy

Strengthening our Equipment and Fleet base.

Diversify and optimise our project mix and cater to larger size projects.

Further expand our geographical footprint.

Capitalize on the strong industry tailwinds in the industrial construction sector.

How To Apply for Goel Construction Company Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Goel Construction Company Ltd IPO?

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Goel Construction Company Ltd's IPO offers shares for up to 80.81 It begins on Sep 2, 2025 and ends on Sep 4, 2025.

What is the price of the Goel Construction Company Ltd IPO?

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The price of Goel Construction Company Ltd IPO ranges between ₹250 to ₹263 per share.

What are the open and close dates for the Goel Construction Company Ltd IPO?

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The Goel Construction Company Ltd IPO opens on Sep 2, 2025 and closes on Sep 4, 2025.

When will the Goel Construction Company Ltd IPO be allotted?

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The allotment for the Goel Construction Company Ltd IPO will be finalised on Sep 8, 2025. The shares will be listed on BSE and NSE on Sep 9, 2025.

What is the minimum lot size required for Goel Construction Company Ltd IPO?

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The minimum lot size for Goel Construction Company Ltd IPO is 800 shares, priced between ₹250 to ₹263 per share.

What is the GMP of Goel Construction Company Ltd IPO?

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The GMP (Grey Market Premium) of Goel Construction Company Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Goel Construction Company Ltd IPO?

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To check the allotment status of Goel Construction Company Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Goel Construction Company Ltd IPO getting listed?

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The Goel Construction Company Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 2, 2025, and closes on Sep 4, 2025. The allotment is finalised on Sep 8, 2025.

How do you apply for the Goel Construction Company Ltd IPO?

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To apply for the Goel Construction Company Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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