Price Band
₹128 - ₹135
Lot Size
1000
Issue Size
₹85.21 Cr
GMP
N/A
Subscription
118.08x
Analyzing...
IPO Schedule
1
Open
7 Jan 2025
2
Close
9 Jan 2025
3
Allotment
-
4
Listing
14 Jan 2025
About B.R.Goyal Infrastructure
B.R. Goyal Infrastructure is an engineering, procurement, and construction (EPC) company focused on infrastructure development. The company primarily operates in the segments of roads, highways, and civil construction projects, undertaking projects for government and private entities.
Key Strengths
- Established track record in the infrastructure development sector.
- Demonstrated project execution capabilities.
- Experienced management team with relevant industry expertise.
- Healthy Return on Equity (ROE) of 18.91% indicates efficient utilization of shareholder funds.
- Presence in a sector with growth potential due to government focus on infrastructure development.
Risk Factors
- •Dependence on government contracts, which are subject to delays and regulatory changes.
- •Exposure to fluctuations in raw material prices, which can impact profitability.
- •Intense competition in the infrastructure development sector leading to price wars and lower margins.
Valuation Analysis
At a P/E of 10.8, the IPO appears reasonably valued compared to some of its listed peers, but investors should consider the risks associated with the SME segment and the cyclical nature of the infrastructure industry before investing.
IPO Details
ExchangeBSE
SegmentSME
ISININE00ST01011
Face Value₹10
Lot Size1000
Issue Size₹85.21 Cr
Key Metrics
ROE18.91%
ROCE19.72%
P/E Ratio10.8
Industry P/E20
EPS12.50
PAT Margin3.72%
Debt/Equity0.50
Growth & Quality
ProfitableYes ✓
Subscription
Total1.55x
Imbalance Ratio7.0x
Documents
RHP not available
Key Dates
Open Date7 Jan 2025
Close Date9 Jan 2025
Listing14 Jan 2025