31 Mar 2023
Assets205.04
Total Income272.94
EBITDA23.41
Profit After Tax14.30
NET Worth70.62
Reserves and Surplus69.59
Total Borrowing28.51
At a glance
Updated 2026-08-24Goel Construction was incorporated in 1997 and operates in the Civil ConstructionIncorporated1997Goel Construction Company Limited (GCCL), segment. The shares listed at ₹302.50, a 15.02% move from the issue price. Goel Construction is a SME IPO with an issue size of ₹100.10 crore, proposed for listing on BSE SME. The offer opens on 2nd Sep 2025 and closes on 4th Sep 2025. The issue structure includes a fresh issue of ₹76.11 crore and an offer-for-sale component of ₹19.03 crore. The current listing schedule points to 9th Sep 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹100.10 Cr
Fresh issue₹76.11 Cr
Offer for sale₹19.03 Cr
Face value₹10
Price band₹250.00–₹263.00
Allotment8th Sep 2025
Listing9th Sep 2025
Listing performance
Full performance ↗Issue price₹263.00
Listing price₹302.50
Current price—
Listing gain15.02%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹50.00
GMP / upper price19.01%
Est. listing₹313.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens2nd Sep 2025
Closes4th Sep 2025
Allotment8th Sep 2025
Refund9th Sep 2025
Demat9th Sep 2025
Listing9th Sep 2025
Subscription demand
Full bidding ↗Total124.34×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 800 | ₹210,400 |
Company
SectorCivil ConstructionIncorporated1997Goel Construction Company Limited (GCCL),
Incorporated1997
Use of proceeds
| Object | Amount |
|---|---|
| Capital expenditure towards purchase of additional equipments and fleets | ₹41.74 Cr |
| Repayment / prepayment of certain outstanding borrowings availed by the company | ₹23.05 Cr |
| General Corporate Purposes | ₹9.73 Cr |
| Issue Expenses | ₹8.04 Cr |
| Total | ₹82.56 Cr |
Financials
Full financials ↗31 Mar 2024
Assets219.51
Total Income388.79
EBITDA36.29
Profit After Tax22.64
NET Worth93.27
Reserves and Surplus92.23
Total Borrowing30.51
31 Mar 2025
Assets265.09
Total Income594.34
EBITDA57.91
Profit After Tax38.32
NET Worth131.59
Reserves and Surplus120.22
Total Borrowing28.71
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 33.69% |
| Debt / Equity | 0.22% |
| RoNW | 34.09% |
| PAT Margin | 6.50% |
| EBITDA Margin | 9.81% |
| Price to Book Value | 2.27 |
Valuation & shareholding
Pre-IPO EPS33.72
Post-IPO EPS26.52
Pre-IPO P/E7.8
Post-IPO P/E9.92
Promoter holding pre97.7%
Promoter holding post71.83%
Market cap₹380.02 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Capital expenditure towards purchase of additional equipments and fleets | ₹41.74 Cr |
| Repayment / prepayment of certain outstanding borrowings availed by the company | ₹23.05 Cr |
| General Corporate Purposes | ₹9.73 Cr |
| Issue Expenses | ₹8.04 Cr |
| Total | ₹82.56 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.