How to Check Goel Construction IPO Allotment Status?

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Last Updated: 16th September 2025 - 03:10 pm

Goel Construction Company Limited is a construction and infrastructure company with strong presence across multiple sectors, incorporated in 1997. The company specialises in civil and structural works with expertise spanning cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects, employing 1,191 permanent staff members as of June 30, 2025, while maintaining a fleet of 202 equipment and machinery including boom placers, transit millers, excavators, tipper trucks, compactors, rollers, tower cranes, backhoe loaders, batching plants, and hydra cranes, having executed 19 projects with aggregate contract value of ₹1,134.99 crore and currently executing 14 ongoing projects with order book of ₹596.60 crore.

The Goel Construction IPO came with a total issue size of ₹100.15 crore, comprising a fresh issue of 0.31 crore shares aggregating to ₹81.12 crore and offer for sale of 0.07 crore shares aggregating to ₹19.03 crore. The IPO opened on September 2, 2025, and closed on September 4, 2025. The allotment for the Goel Construction IPO is expected to be finalised on Monday, September 8, 2025. The Goel Construction IPO share price band was set at ₹250 to ₹263 per share.

If you've applied for the Goel Construction IPO, you can easily check your allotment status on the Registrar website or on BSE Website. Here's a simple guide to check your allotment status:

Registrar: MUFG Intime India Pvt.Ltd. website 

BSE SME: BSE SME IPO Allotment Status Page

Goel Construction IPO Subscription Status

Goel Construction IPO received phenomenal investor interest, being subscribed 124.34 times overall. The subscription showed extraordinary confidence across categories in the Goel Construction IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:34 PM on September 4, 2025:

  • Non-Institutional Investors (NII): 224.80 times.
  • QIB Category: 124.20 times.
Date QIB NII Total
Day 1 September 2, 2025 3.50

2.01

2.58
Day 2 September 3, 2025 6.49

19.25

11.50
Day 3 September 4, 2025

124.20

224.80

124.34

Goel Construction IPO Share Price and Investment Details

The Goel Construction IPO stock price band was set at ₹250 to ₹263 per share with a minimum lot size of 400 shares. The minimum investment required for individual investors was ₹2,10,400 for 2 lots (800 shares). The issue included up to 10,62,000 shares allocated to anchor investors raising ₹27.93 crore. Given the phenomenal subscription response of 124.34 times overall, with QIB category showing exceptional response at 124.20 times and NII demonstrating extraordinary response at 224.80 times, the Goel Construction IPO share price is expected to list with exceptional to phenomenal premium.

Utilisation of IPO Proceeds

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

  • Capital expenditure towards purchase of additional equipments and fleets: ₹41.74 crore.
  • Repayment / prepayment of certain outstanding borrowings availed by the company: ₹23.05 crore.
  • General corporate purposes: Remaining amount.

Business Overview

Goel Construction Company Limited is a construction and infrastructure company with strong project management and execution capabilities, long-standing customer relationships across multiple sectors, robust order book providing clear revenue visibility, consistent track record of financial performance, and efficient management of large fleet of equipment and machinery.

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