Goyal Construction IPO will open on September 2, 2025 and close on September 4, 2025. Goyal Construction IPO is a book-built issue. The company will raise around ₹99.77 crore through this IPO, which includes fresh shares of ₹80.81 crore and 7,23,600 equity shares with face value of ₹10.
The price band of Goyal Construction IPO is ₹250 to ₹262 per share. Retail share is 35%, QIB 50% and HNI 15%. Goyal Construction IPO will be listed on BSE SME on September 10, 2025. Goyal Construction IPO allotment will be on September 8, 2025.
The company reported revenue of ₹594.34 crore in 2025 as against ₹388.79 crore in 2024. The company reported a profit of ₹38.32 crores in 2025, while it was ₹22.64 crores in 2024. As per the financials, IPO investors should invest in the IPO for the long term.
Goel Construction IPO Details
| IPO Open Date: | September 2, 2025 |
| IPO Close Date: | September 4, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹250 to ₹262 Per Share |
| Issue Size: | Approx ₹99.77 Crores |
| Fresh Issue: | Approx ₹80.81 Crores |
| Offer for Sale: | Approx 7,23,600 Equity Shares |
| Lot Size: | 400 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Goel Construction IPO Market Lot
The Goel Construction IPO minimum market lot is 800 shares with ₹2,09,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ₹2,09,600 |
| Retail Maximum | 2 | 800 | ₹2,09,600 |
| S-HNI Minimum | 3 | 1200 | ₹3,14,400 |
| S-HNI Maximum | 9 | 3,600 | ₹9,43,200 |
| B-HNI Minimum | 10 | 4,000 | ₹10,48,000 |
Goel Construction IPO Dates
The Goel Construction IPO date is September 2 and the close date is September 4. The Goel Construction IPO allotment will be finalized on September 8 and the IPO listing on September 10.
| IPO Open Date: | September 2, 2025 |
| IPO Close Date: | September 4, 2025 |
| Basis of Allotment: | September 8, 2025 |
| Refunds: | September 9, 2025 |
| Credit to Demat Account: | September 9, 2025 |
| IPO Listing Date: | September 10, 2025 |
Goel Construction IPO Company Financial Report
The company reported revenue of ₹594.34 crores in 2025 against ₹388.79 crores in 2024. The company reported profit of ₹38.32 crores in 2025 against profit of ₹22.64 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹272.94 | ₹254.06 | ₹14.30 | ₹205.04 |
| 2024 | ₹388.79 | ₹358.47 | ₹22.64 | ₹219.51 |
| 2025 | ₹594.34 | ₹542.90 | ₹38.32 | ₹265.09 |
Goel Construction IPO Valuation – FY2025
Check Goel Construction IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 34.09% |
| ROCE: | 33.69% |
| EBITDA Margin: | 9.81% |
| PAT Margin: | 6.50% |
| Debt to equity ratio: | 0.22 |
| Earning Per Share (EPS): | ₹33.72 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.09% |
| Net Asset Value (NAV): | ₹115.78 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Power Mech Projects Limited | 95.05 | 33.03 | 14.27% | 665.90 | – Cr. |
| Suntech Infra Solutions Limited | 7.98 | 8.77 | 24.05% | 32.74 | – Cr. |
| Ahluwalia Contracts (India) Limited | 30.08 | 31.52 | 11.19% | 268.71 | – Cr. |
About Goyal Construction Company Limited
Established in 1997, Goyal Construction Company Limited (GCCL) is a construction and infrastructure company with a strong presence in various sectors. The Company engages in civil and structural works and specializes in cement plants, dairies, hospitals, steel, power plants, pharmaceuticals and institutional projects.
GCCL's main focus and core strength lies in the construction of cement plants, power plants, dairy plants and other industrial facilities, where it has established a reputation for reliability and timely delivery.
Since inception, the Company has executed and delivered 19 projects with a total contract value of ₹1,13,499.37 lakh across several states in India. As of June 30, 2025, GCCL is executing 14 ongoing projects across eight states supported by an order book of ₹59,660.28 lakh, providing strong revenue visibility.
The company has successfully expanded its geographical area in Rajasthan, Andhra Pradesh, Haryana, Gujarat, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Punjab, Maharashtra, Karnataka and Uttar Pradesh, which reflects its ability to execute projects across India.
To ensure efficient project execution, GCCL has a fleet of 202 equipment and machinery, which includes boom placers, transit millers, excavators, tipper trucks, compactors, rollers, tower cranes, backhoe loaders, batching plants, hydra cranes, etc. The company's asset base enables it to complete projects within strict timelines along with cost optimization.
As of June 30, 2025, GCCL employed 1,191 permanent employees, including engineers, technical professionals and project management experts, thereby strengthening its execution capabilities.
Competitive Strengths
Strong project management and execution capabilities.
Long-term customer relationships across multiple geographies.
Strong order book, which provides clear revenue visibility.
Consistent track record of financial performance.
Efficient management of a huge fleet of equipment and machinery.