₹ 135000
₹128- ₹135
1000
₹136
1
9 Jan 2025
Download13 Jan 2025
14 Jan 2025
Application Details
The IPO of B.R. Goyal Infrastructure Limited will open for subscription from January 7, 2025, to January 9, 2025, with a price band of ₹128 to ₹135 per share and a face value of ₹10 per share. Investors can apply in lots of 1,000 shares. The total issue size consists of 63,12,000 shares, aggregating up to ₹85.21 crore, all of which are part of a fresh issue. The IPO follows a Book Built Issue format and is set to list on the BSE SME platform.
Key dates include the basis of allotment on January 10, 2025, initiation of refunds on January 13, 2025, and credit of shares to demat accounts on the same day. The shares are scheduled to be listed on January 14, 2025.
About B.R.Goyal Infrastructure Limited (SME IPO)
Incorporated in 2005, B.R. Goyal Infrastructure Limited specializes in the construction of infrastructure projects, including roads, highways, bridges, and buildings. The company operates an integrated EPC (Engineering, Procurement, and Construction) and construction business, supported by a dedicated design and engineering team and a Ready Mix Concrete (RMC) unit. Located in Indore, the RMC unit has an annual installed capacity of 1.80 lakh cubic meters. As of September 30, 2024, the company manages over 199 construction equipment and vehicles.
In 2005, B.R. Goyal Infrastructure diversified into the wind energy sector with the installation of a 1.25 MW wind turbine in Jaisalmer, Rajasthan. The windmill contributes significantly to revenue generation, producing units such as 3.97 lakh kWh in July 2024 and 14.70 lakh kWh in March 2024.
The company has successfully executed projects across Madhya Pradesh and expanded operations to Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.