goel construction company limited IPO
IPO Overview
Goel construction company limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹250 to ₹263 per share, and retail investors can apply with a minimum investment of ₹2.10 L as per IPO guidelines.
The Goel construction company limited IPO opens on 2 Sept 2025 and closes on 4 Sept 2025. The IPO allotment is expected to be finalized on 8 Sept 2025, and the equity shares are proposed to be listed on BSE on 10 Sept 2025.
Investors can refer to the Goel construction company limited IPO RHP-DRHP for detailed information. The issue is managed by Srujan Alpha Capital Advisors LLP as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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.
Competitive Strengths
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.
Efficient management of a large fleet of equipment and machinery.
Investment Objective
Repayment / prepayment of certain outstanding borrowings availed by the company
General corporate purposes