IPO - Initial Public Offerings

 GOELCONS

  

GOEL CONSTRUCTION CO.LTD. IPO

02 Sep, 10:00 AM

Issue Open

04 Sep, 05:00 PM

Issue Close

400

Lot Size

₹ 249.00 – ₹ 262.00

Price Range

IPO Issue Details

Issue size 99.77 Cr
Market Price 262.00
Registrar MUFG Intime India Pvt.Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

GOEL CONSTRUCTION CO.LTD. IPO
Goel Construction Company Limited (GCCL), incorporated in 1997, is a construction and infrastructure company with a strong presence across multiple sectors. The company is engaged in civil and structural works, with expertise spanning cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects. GCCL’s primary focus and core strength lie 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 an aggregate contract value of ?1,13,499.37 lakhs 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 lakhs, which provides strong revenue visibility. The company has successfully expanded its geographical footprint to cover Rajasthan, Andhra Pradesh, Haryana, Gujarat, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Punjab, Maharashtra, Karnataka, and Uttar Pradesh, reflecting its capability to undertake projects pan-India. To ensure efficient project execution, GCCL maintains a fleet of 202 equipment and machinery, including boom placers, transit millers, excavators, tipper trucks, compactors, rollers, tower cranes, backhoe loaders, batching plants, hydra cranes, and more. The company’s asset base enables it to deliver projects within strict timelines while optimizing costs. As of June 30, 2025, GCCL employed 1,191 permanent staff members, including engineers, technical professionals, and project management specialists, strengthening its execution capabilities.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 800 ₹ 2,09,600.00
Retail (Max) 2 800 ₹ 2,09,600.00
S-HNI (Min) 3 1200 ₹ 3,14,400.00
S-HNI (Max) 8 3200 ₹ 8,38,400.00
B-HNI (Min) 9 3600 ₹ 9,43,200.00

IPO TimeLine

Open Date 02-Sep-2025
Close Date 04-Sep-2025
Basis of Allotment Date 08-Sep-2025
Initiation of Refunds 09-Sep-2025
Credit Shares to Demat A/c 09-Sep-2025
IPO Listing Date 10-Sep-2025