Goel Construction Company Limited
Bookbuilding IPO · BSE
- Price band
- ₹250 - ₹263
- Lot size
- 400 shares
- Issue amount
- ₹100.15 cr
- Total subscription
- 124.39×
- Opens
- 2 Sept 2025
- Closes
- 4 Sept 2025
- Allotment
- 5 Sept 2025
- Listing
- 9 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 38,08,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,00,000
- Fresh issue
- ₹81.11 cr
- Offer for sale
- ₹19.04 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,05,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,13,65,200
- Shares after issue
- 1,44,49,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 800 | ₹2,10,400 |
| sHNI | 3 | 1,200 | ₹3,15,600 |
| bHNI | 10 | 4,000 | ₹10,52,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 141 |
| NIB | 0 | 38,973 |
| RETAIL | 1,550 | 1,37,340 |
| EMPLOYEES | 0 | 58 |
| HNIs(10L +) | 295 | 23,748 |
| HNIs (2-10L) | 148 | 15,225 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 18.62 | 2,313.93 |
| FIIs | 0 | 623.68 |
| Mutual Funds | 0 | 5 |
| Others | 0 | 1,586.49 |
| RETAIL | 32.61 | 2,889.63 |
| HNIs 2+ | 4.66 | 527.96 |
| HNIs 10+ | 9.32 | 2,627.09 |
| EMPLOYEES | 2 | 1.96 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 33.72 | 19.92 | 12.58 |
| ROE | 0 | 0 | 0 |
| ROCE | 33.69 | 26.43 | 20.96 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 7.8 | 0 | 0 |
| POST IPO(PE) | 9.92 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Power Mech Projects Limited | 33.03 | 3140.15 | 10.00 | 665.9 | 14.27 | 95.05 |
| Goel Construction Company Limited | NA | NA | 10.00 | 115.78 | 34.09 | 33.72 |
| Suntech Infra Solutions Limited | 8.77 | 69.95 | 10.00 | 32.74 | 24.05 | 7.98 |
| Ahluwalia Contracts (India) Limited | 31.52 | 948.2 | 10.00 | 268.71 | 11.19 | 30.08 |
Company information
Company profile
Goel Construction Company Limited (GCCL), incorporated in 1997, is engaged in construction and infrastructure projects with a strong focus on civil and structural works. The company’s expertise covers a wide range of sectors, including cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects. Over the past three years, GCCL has completed 18 projects worth ₹1,03,320.40 lakhs, while as of February 28, 2025, it is executing 14 ongoing projects across seven states with an order book valued at ₹48,861.97 lakhs. The company has delivered successful projects across various regions of India, including Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, and Karnataka. As of February 28, 2025, GCCL employs 1,168 permanent staff, strengthening its operational capacity nationwide.
Strengths
- Execution Excellence: Proven track record in delivering large, complex civil and structural projects on time with high quality.
- Trusted Client Base: Strong, long-term relationships with reputed customers ensuring repeat business.
- Healthy Order Book: Ongoing projects worth ₹48,861.97 lakhs ensuring strong revenue visibility and sustainable growth.
Risk factors
- Execution Delays: Projects may face delays, changes, or cancellations, impacting revenue and profitability.
- Order Book Volatility: Future income may differ from projections, leading to weaker financial performance.
- High Competition: Strong industry rivalry may limit new order wins and affect growth.
Promoters
Purushottam Dass Goel
Arun Kumar Goel
Naresh Kumar Goel
Ratan Kumar Goel
Amit Goel
Anuj Goel
Ashwani Goel
Chinmay Goel
Mohak Goel
Soni Goel
Isha Goel
Nirmala Goel
Suman Goel
Registrar & documents
Lead manager
Srujan Alpha Capital Advisors LLP
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
230, City Centre, S.C. Road Jaipur, Rajasthan, 302001
0141-2365121
[email protected]Company website ↗Understanding GOELCONS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.