B.R.Goyal IPO Allotment Status

Summary

B.R.Goyal Infrastructure Limited, established in 2005, has developed into a comprehensive infrastructure solutions provider, specializing in the construction of roads, highways, bridges, and buildings. The company operates an integrated EPC and construction business supported by their own design and engineering team and RMC unit in Indore, which has an installed capacity of 1.80 Lakh cubic meters per annum. They have also diversified into wind energy with a 1.25 MW wind power turbine in Jaisalmer, Rajasthan, and have successfully expanded their operations across multiple states including Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh.

The company has launched its IPO with a total issue size of ₹85.21 crore through a fresh issue of 63.12 lakh shares. The IPO opened on January 7, 2025, and closed on January 9, 2025. The allotment date for the B.R.Goyal IPO is set for Friday, January 10, 2025.

Steps to Check B.R.Goyal IPO Allotment Status on Registrar Site

• Visit Link Intime India Private Ltd website.
• Select "B.R.Goyal IPO" from the dropdown menu.
• Enter your PAN ID, Demat Account Number, or Application Number.
• Complete the captcha verification and click "Submit."

Steps to Check B.R.Goyal IPO Allotment Status on BSE SME

• Visit the BSE SME IPO Allotment Page.
• Select "B.R.Goyal IPO" from the dropdown menu.
• Enter your Application Number and PAN ID.
• Confirm captcha and click "Search."

B.R.Goyal Infrastructure Subscription Status

The IPO received strong investor interest, being subscribed 118.08 times overall. Here is a category-wise breakdown of the subscription as of 6:54:07 PM on January 9, 2025:

• Retail Category: 88.27 times
• Qualified Institutional Buyers (QIB): 69.88 times
• Non-Institutional Investors (NII): 256.90 times
• Employee: 1.11 times

As of 6:54:07 PM

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital Expenditure: Funding the company's capital expenditure requirements.
• Working Capital: Meeting working capital needs to support business growth.
• Strategic Growth: Funding expenditure for inorganic growth through acquisitions and other strategic initiatives.
• General Corporate Purposes: Supporting various business objectives.

B.R.Goyal IPO - Listing Details

The shares are scheduled to list on January 14, 2025, on the BSE SME platform. The strong subscription rate of 118.08 times demonstrates significant investor confidence in B.R.Goyal Infrastructure's business model and growth prospects. The company currently maintains an order book worth ₹873.40 crore as of September 30, 2024, indicating strong future growth potential. Investors can check their allotment status through the registrar's website or BSE SME on January 10, 2025. The shares are set to debut on January 14, 2025, marking an important milestone for the company.