B.R.Goyal IPO: Comprehensive Details 2025
B.R.Goyal IPO is an exciting opportunity for investors, slated to open on January 7, 2025, and close on January 9, 2025. This IPO aims to raise approximately ₹85.21 crores via a Book Built Issue, which includes a fresh issue component of ₹85.21 crores. Here’s an in-depth look at the details of this IPO.
B.R.Goyal IPO Details
| Parameter | Details |
|---|---|
| IPO Open Date | January 7, 2025 |
| IPO Close Date | January 9, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹128 to ₹135 per share |
| Issue Size | Approx ₹85.21 crores |
| Fresh Issue | Approx ₹85.21 crores |
| Issue Type | Book Built Issue |
| Listing Exchange | BSE |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
Key IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | January 7, 2025 |
| IPO Close Date | January 9, 2025 |
| Allotment Finalized | January 10, 2025 |
| Refunds Initiated | January 13, 2025 |
| Credit to Demat | January 13, 2025 |
| IPO Listing Date | January 14, 2025 |
Market Lot and Application Details
The minimum market lot for retail investors is 1,000 shares, making the minimum application amount ₹1,35,000.
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,000 | ₹1,35,000 |
| Retail Maximum | 1 | 1,000 | ₹1,35,000 |
| S-HNI Minimum | 2 | 2,000 | ₹2,70,000 |
Company Financial Performance
B.R.Goyal Infrastructure Limited has demonstrated robust financial growth, making it an attractive long-term investment option.
| Year | Revenue (₹ Cr) | Expenses (₹ Cr) | Profit After Tax (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2022 | 228.63 | 202.01 | 7.56 | 203.39 |
| 2023 | 353.30 | 330.11 | 17.34 | 197.26 |
| 2024 | 596.19 | 557.58 | 21.89 | 239.49 |
Key Financial Ratios (FY 2024)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 19.09% |
| Return on Capital (ROCE) | 21.80% |
| EBITDA Margin | 5.61% |
| PAT Margin | 3.78% |
| Debt-to-Equity Ratio | 0.39 |
| Earnings Per Share (EPS) | ₹12.57 |
| Net Asset Value (NAV) | ₹144.27 |
Promoters of B.R.Goyal IPO
The key promoters of the company include:
- Mr. Brij Kishore Goyal
- Mr. Balkrishna Goyal
- Mr. Gopal Goyal
- Mr. Rajendra Kumar Goyal
- Mr. Yash Goyal
- Mr. Uppal Goyal
- M/S B.R. Goyal Holdings Private Limited
Objects of the Issue
The IPO proceeds will be utilized for:
- Funding the company’s capital expenditure requirements.
- Meeting working capital requirements.
- Supporting inorganic growth through acquisitions and other strategic initiatives.
- General corporate purposes.
Peer Group Comparison
| Company | EPS (₹) | PE Ratio | RoNW (%) | NAV (₹) |
|---|---|---|---|---|
| Teerth Gopicon Limited | 18.49 | 27.96 | 59.96% | 24.10 |
| Udayshivkumar Infra Ltd | 5.54 | 13.53 | 17.22% | 31.60 |
IPO Review
The financial performance of B.R.Goyal Infrastructure suggests long-term growth potential. The company has reported consistent revenue growth from ₹353.30 crores in 2023 to ₹596.19 crores in 2024. Its profit margin improvements and efficient capital structure further bolster its appeal to investors.
How to Apply for B.R.Goyal IPO
- ASBA Online: Through your bank account.
- UPI: Via stockbrokers or trading apps.
- Offline Form: Available through registered stockbrokers.
Summary
B.R.Goyal IPO is a promising investment opportunity backed by a strong financial track record and a clear strategy for future growth. With a robust revenue increase and profitable operations, it is well-positioned to attract both retail and institutional investors. The price band of ₹128 to ₹135 per share and the attractive allocation for different investor categories make it a noteworthy IPO to consider.
FAQs
1. What is B.R.Goyal IPO?
B.R.Goyal IPO is an SME IPO aiming to raise ₹85.21 crores through a Book Built Issue at a price band of ₹128 to ₹135 per share.
2. When does the B.R.Goyal IPO open?
The IPO opens on January 7, 2025, and closes on January 9, 2025.
3. How can I apply for B.R.Goyal IPO?
You can apply online via ASBA, through UPI-enabled brokers, or offline through stockbroker forms.
4. What is the allotment date for B.R.Goyal IPO?
The allotment will be finalized on January 10, 2025.
5. When will B.R.Goyal IPO list?
The IPO is set to list on BSE on January 14, 2025.