
Goel Construction Company Ltd IPO
NSELot: 400Infrastructure Developers & Operators
About Goel Construction Company Ltd
Goel Construction Company Ltd is an engineering, procurement, and construction (EPC) company focused on infrastructure projects. They undertake various civil construction projects, including highways, bridges, and buildings, primarily for government and public sector undertakings.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 124.20x | 6.49x | 3.50x |
| NII | 224.80x | 19.25x | 2.01x |
| Retail | 88.61x | 11.68x | 2.42x |
| Total | 124.34x | 11.50x | 2.58x |
Risk Factors
Promoters & Management
The company is led by Mr. Purushottam Dass Goel, Chairman and Managing Director, and Mr. Arun Kumar Goel, Whole-Time Director, who possess a combined experience of over 50 years in the construction industry. They oversee key business functions, including tendering, procurement, project execution, quality control, and finance. The promoters are actively involved in operations, providing guidance on project management and overall business administration. Other key management personnel include: Mr. Natwar Lal Ladha, Chief Financial Officer, appointed in November 2024, with experience in accounting, finance, and taxation. Ms. Surbhi Maloo, Company Secretary and Compliance Officer, appointed in January 2025. Senior management personnel include: Mr. Amit Goel and Mr. Anuj Goel, both serving as Project Heads. Mr. Ratan Kumar Goel, Mr. Ashwani Goel, Mr. Chinmay Goel, and Mr. Mohak Goel, also serving as Senior Management Personnel. The management team is responsible for overseeing the company's operations, ensuring compliance, and driving its strategic initiatives. The company's workforce has grown significantly, and as at June 30, 2025, the company has 1,191 permanent employees.