Goel Construction IPO Sees Exceptional Demand, Subscribed 124.34x by Day 3

Goel Construction Company Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with Goel Construction's stock price set at ₹250-263 per share reflecting outstanding market reception. The ₹100.15 crore IPO reached 124.34 times by 5:04:34 PM on day three, indicating exceptional investor interest in this construction and infrastructure company incorporated in 1997.

Goel Construction IPO non-institutional investors segment leads with spectacular 224.80 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate exceptional participation at 124.20 times and individual investors show exceptional interest at 88.61 times, whilst anchor investors show complete participation at 1.00 times, reflecting exceptional investor confidence in this company.

Goel Construction IPO subscription reached exceptional 124.34 times on day three, led by Non-Institutional Investors (224.80x), Qualified Institutional Buyers Ex-Anchor (124.20x), and Individual Investors (88.61x). Total applications reached 1,77,704.

Subscription Status of Goel Construction IPO:

Here are the subscription details for Goel Construction IPO as of Day 3 (September 4, 2025, 5:04:34 PM):

Goel Construction IPO Reservation

Goel Construction IPO - Key Highlights - Day 3:

• Overall subscription reached exceptional 124.34 times, showing extraordinary improvement from day two's 11.50 times.
• Non-institutional investors category displaying spectacular interest at 224.80 times, building substantially from day two's 19.25 times
• Qualified institutional buyers (ex-anchor) showing exceptional growth at 124.20 times, building substantially from day two's 6.49 times
• Individual investors displaying exceptional confidence at 88.61 times, building substantially from day two's 11.68 times
• Employees category showing modest interest at 1.01 times, building from day two's 0.82 times
• Total applications reached 1,77,704, indicating exceptional investor participation for this SME IPO
• Cumulative bid amount reached ₹8,357.49 crores against the issue size of ₹100.15 crores
• Goel Construction IPO - Day 2 Subscription at 11.50 Times

Goel Construction IPO - Key Highlights - Day 2:

• Overall subscription reaching strong 11.50 times, showing substantial improvement from day one's 2.58 times
• Non-institutional investors displaying strong growth at 19.25 times, building substantially from day one's 2.01 times
• Individual investors showing strong confidence at 11.68 times, building substantially from day one's 2.42 times
• Qualified institutional buyers (ex-anchor) showing strong improvement at 6.49 times, building from day one's 3.50 times
• Employees showing modest improvement at 0.82 times, building from day one's 0.54 times
• Goel Construction IPO - Day 1 Subscription at 2.58 Times

Goel Construction IPO - Key Highlights - Day 1:

• Overall subscription reached moderate 2.58 times, showing encouraging initial investor interest
• Qualified institutional buyers showing moderate performance at 3.50 times, indicating positive institutional appetite
• Individual investors displaying moderate confidence at 2.42 times, showing encouraging retail sentiment
• Non-institutional investors showing moderate performance at 2.01 times, indicating measured HNI appetite
• Employees showing modest interest at 0.54 times, indicating limited employee participation

About Goel Construction Company Limited

Incorporated in 1997, Goel Construction Company Limited is an Indian construction and infrastructure company specializing in civil and structural works across cement plants, power plants, dairy plants and other industrial facilities, with operations spanning 12 states and maintaining a fleet of 202 equipment for efficient project execution.