Price Band
₹250 - ₹263
Lot Size
400
Issue Size
₹100.15 Cr
GMP
N/A
Subscription
124.34x
Analyzing...
IPO Schedule
1
Open
2 Sept 2025
2
Close
4 Sept 2025
3
Allotment
8 Sept 2025
4
Listing
9 Sept 2025
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.
Key Strengths
- Established track record in infrastructure development.
- Experience in executing government and public sector projects.
- Strong order book providing revenue visibility.
- Potential beneficiary of government's increased focus on infrastructure development.
- Reasonable P/E ratio compared to some industry peers (although direct comparison might be limited due to SME listing).
Risk Factors
- •Dependence on government contracts and associated payment delays.
- •Intense competition in the construction industry.
- •Fluctuations in raw material prices impacting profitability.
Valuation Analysis
The IPO appears reasonably priced with a P/E of 7.8, but investors should carefully consider the risks associated with the SME segment and the company's reliance on government projects.
IPO Details
ExchangeNSE
SegmentSME
ISININE0ZOM01013
NSE SymbolGOELCONS
Face Value₹10
Lot Size400
Issue Size₹100.15 Cr
Key Metrics
ROE20.1
ROCE24.5
P/E Ratio28.2
Industry P/E20
EPS33.72
PAT Margin6.50%
Debt/Equity0.38
Growth & Quality
ProfitableYes ✓
Subscription
Total2.58x
Imbalance Ratio6.6x
Documents
Key Dates
Open Date2 Sept 2025
Close Date4 Sept 2025
Allotment8 Sept 2025
Listing9 Sept 2025