| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹85.21 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹85.21 Cr |
| Fresh Issue | ₹80.95 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน128.00-135.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544335 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 2005, B.R.Goyal Infrastructure Limited is engaged in the business of construction of infrastructure projects such as roads, highways, bridges and buildings.
The company has established an integrated EPC and construction business, supported by a design and engineering team and RMC unit. The RMC unit, located in Indore, has an installed capacity of 1.80 Lakh cubic meters per annum. As of September 30, 2024, the company operates with over 199 construction equipment and vehicles.
The company entered the wind energy business by installing a 1.25 MW wind power turbine in Jaisalmer, Rajasthan, commissioned in 2005.
The company has successfully executed projects across Madhya Pradesh and is currently executing road construction projects in Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh after expanding operations.
Business is divided into 5 categories:
As on September 30, 2024, the company had 402 permanent employees and 212 employees at our TCCs.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement | 8.02 |
| 2 | Funding working capital requirements of the Company | 42.00 |
| 3 | Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes | 28.19 |
| 4 | Issue expenses | 8.50 |
| Total | 86.71 |
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 270.00 | 239.49 | 197.26 | 203.39 |
| Total Income | 156.86 | 596.19 | 353.30 | 228.63 |
| Profit After Tax | 1.94 | 21.89 | 17.34 | 7.56 |
| NET Worth | 128.63 | 126.67 | 104.79 | 87.47 |
| Reserves and Surplus | 111.24 | 117.97 | 96.09 | 78.77 |
| Total Borrowing | 64.11 | 49.47 | 41.64 | 53.40 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 18.91% |
| ROCE | 19.72% |
| Debt / Equity | 0.50% |
| RoNW | 18.91% |
| PAT Margin | 3.72% |
| Price to Book Value | 0.93 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 12.50 | 2.45 |
| P/E (x) | 10.8 | 55.13 |
| Promoter Holding | 99.31% | 73% |
| Market Cap | โน321.63 Cr. | |
The debt-to-equity ratio for July 31, 2024, is provided as the ratio for March 31, 2024, was not disclosed.