Goel Construction IPO Details
The Goel Construction IPO is a book build issue with a total issue size of ₹100.15 cr, comprising of fresh issue of 2894000 equity shares., and a offer for sale of 723600 equity shares. Goel Construction IPO opened for subscription on Sep 02, 2025 and closed on Sep 04, 2025. Goel Construction IPO is set price band at ₹250 to ₹263 per share, with a lot size of 400 shares. Minimum investment for Retail investors was ₹210,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 08, 2025, and listed on both the NSE and BSE on Sep 09, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Srujan Alpha Capital Advisors Llp are the Book Running Lead Manager for the issue.
Before investing in the Goel Construction IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 250 – 263
- Lot Size
- 400
- Issue Size
- ₹100.15 Cr
- Minimum Investment
- ₹210400 (800 Shares)
- Listing Date
- 09 September 2025
Current GMP
₹50 (+19.01%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Goel Construction Company Limited
Incorporated in 1997, Goel Construction Company Limited (GCCL) is a prominent construction contracting firm with a strong focus on industrial and infrastructure projects across India. The company has developed specialized expertise in executing complex civil and structural works, particularly in sectors such as cement, power, dairy, steel, and other industrial plants.
Since its inception in Rajasthan, GCCL has steadily expanded its footprint across 12 Indian states, undertaking a diverse range of industrial and institutional construction assignments. Initially working on smaller-scale projects and subcontracting assignments, the company has evolved into a full-scale EPC contractor, managing end-to-end project execution.
Key Highlights:
- Sector Focus:
- Cement Plants: Construction of clinkerization units, grinding units, pre-heaters, silos, cement mills, and allied facilities.
- Power Plants: Civil, structural, and architectural works for Balance of Plant (BoP) components like coal and ash handling systems, chimneys, cooling towers, and water treatment facilities.
- Dairy Plants: Turnkey construction of dairy processing units, cattle feed plants, and allied food-grade facilities.
- Other Industrial Projects: Includes steel, pharmaceutical, and institutional infrastructure works.
- Track Record:
- Successfully executed 18 projects over the last three years with a total contract value of ₹1,03,320.40 lakhs.
- As of February 28, 2025, executing 14 ongoing projects across 7 states, with a robust order book of ₹48,861.97 lakhs.
- Geographical Presence:
Operational in key states including Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, Andhra Pradesh, Chhattisgarh, Gujarat, and Karnataka. - Human Capital:
Supported by a workforce of 1,168 employees and contract labour, ensuring timely execution and high-quality standards.
Competitive Strengths:
- Proven project execution and management capabilities
- Long-standing client relationships across core sectors
- Strong order book ensuring future revenue visibility
- Consistent financial performance and operational stability
- Effective asset and fleet management systems
Goel Construction IPO Promoters
- Mr. Purushottam Dass Goel
- Mr. Arun Kumar Goel
- Mr. Naresh Kumar Goel
- Mr. Ratan Kumar Goel
- Mr. Amit Goel
- Mr. Anuj Goel
- Mr. Ashwani Goel
- Mr. Chinmay Goel
- Mr. Mohak Goel
- Mrs. Soni Goel
- Mrs. Isha Goel
- Mrs. Nirmala Goel
- Mrs. Suman Goel
Promoters Holding
Holding Pre Issue
97.70%
Holding Post Issue
71.83%
Goel Construction IPO Objective
The Company Goel Construction IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Capital expenditure towards purchase of additional equipments and fleets
- Repayment / prepayment of certain outstanding borrowings availed by the company
- General corporate purposes
Address / Contact Info
Goel Construction Company Limited
230, City Centre, S.C. Road,
Jaipur 302001,Rajasthan
Phone: 0141-2365121
Email: info@goelconstruction.co.in
Website: https://www.goelconstruction.co.in/
IPO Snapshot
Book Running Lead Managers
- Srujan Alpha Capital Advisors Llp
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Goel Construction IPO is a Book-building IPO with a total issue size of ₹100.15 crore. The Goel Construction IPO price band is ₹250 to 263 per share. The Goel Construction IPO subscription opens on Tue, Sep 2, 2025, and closes on Thu, Sep 4, 2025. The Goel Construction IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Goel Construction IPO.
The Goel Construction IPO opens on Tue, Sep 2, 2025 and closes on Thu, Sep 4, 2025
Goel Construction IPO Price Band is ₹250 to 263 per share.
Goel Construction IPO lot size is 400 shares, Retail investors need a minimum investment of ₹210400 based on the upper price band
The minimum investment for Goel Construction IPO is ₹210400, based on one lot of 400 shares at the upper price band of ₹263 per share.
Investors can apply for the Goel Construction IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 4, 2025. The application amount remains blocked until the Goel Construction IPO allotment is finalized.
Goel Construction IPO issue size is ₹100.15 crores.
Goel Construction IPO allotment date is Wed, Jul 1, 2026.
The registrar for Goel Construction IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Goel Construction IPO allotment status, refund processing, and other IPO-related information.
The Goel Construction IPO GMP (Grey Market Premium) is ₹50 as of Tue, Sep 9, 2025. Based on the upper price band of ₹263 per share, the estimated Goel Construction IPO listing price is ₹313, indicating a potential listing gain of approximately 0% over the issue price.