Goel Construction Co.
September 2, 2025 – September 4, 2025
| Price | ₹250 - ₹262 |
| Premium | ₹0 |
|---|---|
| Lot size | 400 |
| Allotment | Sep 5, 2025 |
| Listing | Sep 9, 2025 |
Goel Construction Co. About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 800 | 209600 | 1550 |
| sHNI | 3 | 1200 | 314400 | 148 |
| bHNI | 10 | 4000 | 1048000 | 295 |
Goel Construction IPO Details
| Issue Size | 38,08,000 shares (aggregating up to ₹99.77 Cr) |
| Fresh Issue | 30,84,000 shares (aggregating up to ₹80.80 Cr) |
| Offer for Sale | 7,23,600 shares of ₹10 (aggregating up to ₹18.96 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,13,65,200 shares |
| Share Holding Post Issue | 1,44,49,600 shares |
| Market Maker | 1,90,400 shares |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 14.30% | 13.30% | 17.10% |
| ROCE | 18.50% | 21.40% | 21.70% |
| EPS (basic) | 33.72 | 19.92 | 12.58 |
Company Financials in crores
| Period | Mar25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|
| Assets | 265.09 | 219.51 | 205.04 | 119.51 |
| Income | 594.34 | 388.79 | 272.94 | 207.31 |
| Profit | 38.32 | 22.64 | 14.3 | 10.72 |
| Net Worth | 13.15 | 93.27 | 70.62 | 56.32 |
| Borrowing | 28.70 | 30.51 | 28.51 | 19.52 |
Company Overview
Incorporation Year: 1997
Business: Construction & infrastructure projects (civil and structural works)
Sector Expertise: Cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects
Completed Projects (last 3 years): 18 projects worth ₹1,03,320.40 lakhs
Ongoing Projects (as of Feb 28, 2025): 14 projects across 7 states
Order Book: ₹48,861.97 lakhs
Project Footprint: Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, Karnataka
Strength
Proven Project Management & Execution Excellence – Demonstrated ability to deliver large, complex civil and structural projects across diverse sectors on time and with quality.
Established Client Relationships – Long-standing associations with reputed customers, enabling repeat business and trust in execution capabilities.
Robust Order Book – Strong ongoing projects worth ₹48,861.97 lakhs providing healthy revenue visibility and business sustainability.
Weakness
Project Execution Risks – Ongoing projects are subject to delays, modifications, or cancellations due to factors beyond the company’s control, which could impact revenue recognition and profitability.
Order Book Uncertainty – The Order Book may not accurately reflect future income, as actual realizations could be lower than projected, adversely affecting financial performance.
Competitive Pressure – Intense competition in securing new work orders may limit project wins, thereby affecting business growth and operating results.
Goel Construction Co. Lead Manager(s)
Goel Construction Co. Address
230,
City Centre,
S.C. Road
Jaipur, Rajasthan, 302001
Phone: 0141-2365121
Email: info@goelconstruction.co.in
Website: https://www.goelconstruction.co.in/
Goel Construction Co. Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083