B.R.Goyal Infrastructure SME IPO Details, Financials, Valuation & Peers
Explore B.R.Goyal Infrastructure IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
B.R. Goyal Infrastructure Limited is an infrastructure development company with a robust presence in multiple sectors, including road and highway construction, bridge and building development, wind power generation, and Ready-Mix Concrete (RMC) manufacturing. The company also manages toll collection contracts and residential plotting projects, catering to diverse needs within the infrastructure landscape. Established as a partnership firm in 1986 and later converted to a public limited company in 2018, B.R. Goyal Infrastructure has built a reputation for executing high-quality projects with a focus on timely delivery and efficient management.Operating in several Indian states, including Madhya Pradesh, Maharashtra, Gujarat, and Uttar Pradesh, the company excels in EPC (Engineering, Procurement, and Construction) services for government departments and other clients. Its in-house capabilities, integrated project execution model, and strategic investments in modern equipment and wind power underline its commitment to sustainable and diversified growth.
Key Points:
- Core Business Activities:
- EPC services for roads, highways, bridges, and buildings.
- Manufacturing of Ready-Mix Concrete (RMC) with an installed capacity of 1.80 lakh cubic meters annually.
- Wind power generation with a 1.25 MW turbine operational since 2005.
- Toll Collection Contracts (TCC) and residential plotting projects.
- Project Execution Capabilities:
- Expertise in asphaltic and concrete road construction, bridges, culverts, and other civil works.
- Integration of design, procurement, and project execution, ensuring timely and cost-effective delivery.
- Fleet of over 199 construction equipment and vehicles supporting complex infrastructure projects.
- Geographic Reach:
- Active projects across Madhya Pradesh, Maharashtra, Gujarat, Haryana, Uttar Pradesh, Mizoram, and Manipur.
- Collaborations through joint ventures and consortiums for larger-scale projects.
Objects of the Issue
- Funding capital expenditure requirement
- Funding Working Capital Requirement
- Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 07 Jan - 09 Jan 2025 |
| IPO Price Band | ₹128 - ₹135 per share |
| Fresh Issue | 63,12,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹85.21 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 07 Jan 2025 |
| IPO Closing Date | 09 Jan 2025 |
| Basis Of Allotment | 10 Jan 2025 |
| Refunds | 13 Jan 2025 |
| Demat Transfer | 13 Jan 2025 |
| IPO Listing Date | 14 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jul 2024 |
|---|---|---|---|---|
| Total Income | 212.01 | 351.19 | 586.20 | 148.70 |
| Total Expenses | 202.01 | 330.11 | 557.58 | 145.97 |
| Net Profit/Loss | 7.48 | 16.18 | 21.87 | 1.99 |
| NPM (*) | 3.59 | 4.69 | 3.78 | 1.35 |
| Total Assets | 197.84 | 195.20 | 235.72 | 263.28 |
| Total Liabilities | 110.43 | 91.60 | 110.25 | 135.82 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jul 2024 |
|---|---|---|---|---|
| EPS | 4.26 | 9.30 | 12.57 | 1.15 |
| ROE (%) | 8.84 | 16.94 | 19.09 | 1.58 |
| ROCE (%) | 12.40 | 19.31 | 21.80 | 2.62 |
| D/E Ratio | 0.61 | 0.39 | 0.39 | 0.49 |
| Current Ratio | 2.11 | 2.70 | 2.44 | 2.75 |
| EBITDA MARGIN (%) | 9.07 | 7.74 | 5.61 | 3.67 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| B.R.Goyal Infrastructure Limited | 578.80 | 10.74 | 12.57 | 19.09 | 144.27 |
| Teerth Gopicon Limited | 104.92 | 27.96 | 18.49 | 59.96 | 24.10 |
| Udayshivkumar Infra Limited | 577.15 | 13.53 | 5.54 | 17.22 | 31.60 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 69.88 |
| Non-Institutional Investor (NII/HNI) | 256.9 |
| Retail Individual Investor (RII) | 88.27 |
| Total | 118.08 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- 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
Lead Managers
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
B.R.Goyal Infrastructure Limited
3-A, Agrawal Nagar, Indore – 452001, Madhya Pradesh, India.
Phone: (+91-731) 2403831, 4096902
Email: cs@brginfra.in
Website: www.brginfra.com
FAQs
- What is the issue size of the B.R.Goyal Infrastructure SME IPO?The B.R.Goyal Infrastructure SME IPO has an issue size of ₹85.21 crore. This includes a fresh issue of 63,12,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the B.R.Goyal Infrastructure IPO?The price band for the B.R.Goyal Infrastructure IPO is ₹128 - ₹135 per share.
- What are the bidding dates for the B.R.Goyal Infrastructure IPO?The B.R.Goyal Infrastructure IPO will open for bidding on 07 Jan 2025 and close on 09 Jan 2025.
- What is the allotment date for the B.R.Goyal Infrastructure IPO?The allotment date for the B.R.Goyal Infrastructure IPO is 10 Jan 2025.
- What is the minimum lot size and investment required for the B.R.Goyal Infrastructure IPO?The minimum lot size for the B.R.Goyal Infrastructure IPO is 1000 shares and the minimum investment required is ₹1,35,000.
- What is the listing date for the B.R.Goyal Infrastructure IPO?The listing date for the B.R.Goyal Infrastructure IPO is 14 Jan 2025.
- What is the B.R.Goyal Infrastructure IPO grey market premium?The grey market premium (GMP) for the B.R.Goyal Infrastructure IPO is currently at ₹12, with an expected listing gain of approximately 8.89%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.