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Goel Construction

Listed

IPO Timeline

Issue open date

2 Sep 2025

Issue close date

4 Sep 2025

UPI mandate deadline

4 Sep 2025

Allotment finalization

8 Sep 2025

Refund initiation

8 Sep 2025

Share credit

9 Sep 2025

Listing date

10 Sep 2025

Mandate end date

19 Sep 2025

Lock-in end date for anchor investors (50%)

8 Oct 2025

Lock-in end date for anchor investors (remaining)

7 Dec 2025

Grey Market Premium Trend

₹50
Current GMP
₹312
Est. Listing Price
19.1%
Est. Listing Gain
₹249 - ₹262
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
9 Sep₹50₹31219.08%
8 Sep₹50₹31219.08%
7 Sep₹50₹31219.08%
6 Sep₹51₹31319.47%
5 Sep₹51₹31319.47%
4 Sep₹52₹31419.85%
3 Sep₹48₹31018.32%
2 Sep₹60₹32222.90%
1 Sep₹55₹31720.99%
31 Aug₹58₹32022.14%
30 Aug₹0₹2620.00%
29 Aug₹0₹2620.00%
28 Aug₹0₹2620.00%
27 Aug₹0₹2620.00%

Key Dates

Open
2 Sep 2025
Close
4 Sep 2025
Listing
10 Sep 2025

Quick Stats

Issue Size:99cr
Lot Size:400 shares

About the Company

Goel Construction Company is engaged in civil and structural construction works, delivering turnkey projects across industries such as cement, power, steel, dairy, pharmaceuticals, and institutional infrastructure. Established in 1997 and headquartered in Jaipur, the company has executed over 100 large-scale projects across multiple Indian states. It has a workforce of over 700 professionals and around 5,000 skilled workers, supported by modern equipment for large project execution.

Strengths

  • Wide sectoral presence across cement, power, steel, dairy, pharma, and institutional projects.
  • Over 100 completed projects with pan-India execution capabilities.
  • Strong manpower and equipment base enabling efficient project delivery.
  • Prestigious client base with repeat orders, ensuring business continuity.
  • Consistent growth in revenues, profitability, and order book size.

Risks

  • High promoter shareholding limits post-listing liquidity.
  • Thin operating margins typical of the construction sector.
  • Execution challenges in managing multiple large-scale projects simultaneously.
  • Sectoral dependence on core industries such as cement, power, and steel.
  • Working capital-intensive operations may pressure liquidity.

Goel Construction IPO – Frequently Asked Questions

  • The price band for the Goel Construction IPO is set at ₹249 to ₹262 per share.
  • The Goel Construction IPO opens on September 2, 2025 and closes on September 4, 2025.
  • The tentative listing date for the Goel Construction IPO is September 10, 2025.
  • You can apply for the Goel Construction IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Goel Construction, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Goel Construction IPO is 400 shares. Investors must apply for at least one lot (i.e., 400 shares).