B.R.Goyal Infrastructure Limited (BSE SME)

Jan 7, 2025 - Jan 9, 2025

Price ₹128 - ₹135
Premium ₹48
Lot size 1000
Allotment Jan 10, 2025
Listing Jan 14, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 1000 135000 2086
HNI 2 2000 270000 894

Last updated on 08-Jan-2025 12:40:06

CategoryOfferedAppliedTimes
QIBs119200000
HNIs89400026230002.93
Retail2086000159500007.65
Total4172000185730004.45
Total Applications: 20719
HNI Interest Cost Per Share (7 Days)
@7%
₹0.5
@8%
₹0.6
@9%
₹0.7
@10%
₹0.8
@11%
₹0.8
@12%
₹0.9
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.05%2086000
NII (HNI)14.16%894000
Anchor28.30%1786000
QIB18.88%1192000
Employees0.60%38000
Market Maker5.01%316000
Total 100.00%6312000

B.R.Goyal IPO Details

Issue Size63,12,000 shares
(aggregating up to ₹85.21 Cr)
Fresh Issue63,12,000 shares
(aggregating up to ₹ 85.21 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue1,75,12,704 shares
Share Holding Post Issue2,38,24,704 shares
Market Maker Portion3,16,000 shares
Market MakerSpread X Securities

Key Performance Indicator

KPIJul-24Mar-24Mar-23
ROE1.52%18.91%18.03%
ROCE2.55%19.72%19.60%
RONW1.58%19.09%16.94%
EPS
(basic)
1.1525.1518.61
P/E Pre IPO5.37

Company Financials In Lakhs

PeriodJul-24Mar-24Mar-23Mar-22
Assets27,00023,94919,72620,339
Revenue15,68659,61935,33022,863
Profit1942,1891,734756
Net Worth12,86312,66710,4798,747
Reserves11,12411,7979,6097,877
Borrowing6,4114,9474,1645,340

About Company

Incorporated in 2005, B.R. Goyal Infrastructure Limited operates as a diversified infrastructure company specializing in construction, manufacturing, energy, and real estate. The company provides Engineering Procurement and Construction (EPC) services for roads, highways, bridges, buildings, and civil construction projects, supported by an in-house design and engineering team. Its Ready Mix Concrete (RMC) unit in Indore has an annual capacity of 1.80 lakh cubic meters, ensuring sustainable production with minimal environmental impact. Diversifying into renewable energy, the company owns a 1.25 MW wind turbine in Jaisalmer, Rajasthan, which generated 14.70 lakh kWh in FY2024, contributing INR 49.38 lakhs in revenue. Additionally, the company manages Toll Collection Contracts (TCC) across states such as Madhya Pradesh, Maharashtra, Gujarat, and Uttar Pradesh. Expanding into real estate, it launched residential plotting projects, BRG Hill View-II and its extension, in Village Sanawadiya, Indore. With over 192 construction equipment and vehicles, the company has successfully executed projects in Madhya Pradesh and is currently active in Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh.
 

Lead Manager(s)

Beeline Capital Advisors Pvt Ltd 

Strength

Established Expertise: Renowned as a sector-focused construction developer specializing in roads, highways, and civil infrastructure with a proven track record across multiple states.

Efficient Operations: Integrated business model supported by in-house design, engineering, and RMC production ensures cost-efficiency and sustainability.

Robust Growth Pipeline: Strong order book and expanding project portfolio in diverse geographies, including Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh.

Weakness

Competitive Bidding Challenges: Reliance on competitive bidding for project awards poses risks, as failure to secure contracts could impact revenue and operations.

Dependency on EPC Revenue: Heavy reliance on the EPC segment makes the business vulnerable to fluctuations in contract acquisitions and project execution.

Client Concentration: Significant dependence on key clients increases exposure to revenue loss and operational challenges if major clients are lost.

Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: brgoyal.ipo@linkintime.co.in

Website: https://linkintime.co.in/Initial_Offer/public-issues.html