Goel Construction
BSE SMEOpen
BSE SMEOpen
IPO Closes in
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IPO Timeline
Issue open date
2 Sep 2025Issue close date
4 Sep 2025UPI mandate deadline
4 Sep 2025Allotment finalization
8 Sep 2025Refund initiation
8 Sep 2025Share credit
9 Sep 2025Listing date
10 Sep 2025Mandate end date
19 Sep 2025Lock-in end date for anchor investors (50%)
8 Oct 2025Lock-in end date for anchor investors (remaining)
7 Dec 2025Grey Market Premium Trend
₹57
Current GMP
₹319
Est. Listing Price
21.8%
Est. Listing Gain
₹249 - ₹262
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 2 Sep | ₹57 | ₹319 | 21.76% |
| 1 Sep | ₹55 | ₹317 | 20.99% |
| 31 Aug | ₹58 | ₹320 | 22.14% |
| 30 Aug | ₹0 | ₹262 | 0.00% |
| 29 Aug | ₹0 | ₹262 | 0.00% |
| 28 Aug | ₹0 | ₹262 | 0.00% |
| 27 Aug | ₹0 | ₹262 | 0.00% |
IPO Closes in
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💸
IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 17.97🔥 | 5.6% |
| Employee | 0.78 | 100% |
| bHNI | 20.01🔥 | 5.0% |
| sHNI | 13.88🔥 | 7.2% |
| QIBs | 6.49🔥 | 15.4% |
| Retail | 11.39🔥 | 8.8% |
Last updated: 3 September'25 11:14AM
Key Dates
Open
2 Sep 2025Close
4 Sep 2025Listing
10 Sep 2025Quick Stats
Issue Size:99cr
Lot Size:400 shares
Issue Details
Issue Size:99cr
Offer for Sale:7,23,600 Shares
Face Value:₹10
Listing At:BSE SME
Reservation
50%
QIB
15%
NII
35%
Retail
Additional Resources
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).