Issue Price
₹263
Per Share
GMP
NIL
Grey Market
Est. Listing
₹263
Expected Price
Min. Application
₹210,400
2 lots × 400 shares
Goel Construction Company Limited (GCCL), incorporated in 1997, is a construction and infrastructure company with a strong presence across multiple sectors. The company is engaged in civil and structural works, with expertise spanning cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects.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 StrengthsStrong 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.
Goel Construction Co.Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 190,400 | — | ₹5.01 Cr | — |
| TOTAL | 3,808,000 | 100.00% | ₹100.15 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹105,200 |
| Retail (Max) | 13 | 5,200 | ₹1,367,600 |
| sNII (Min) | 14 | 5,600 | ₹1,472,800 |
| bNII (Min) | 68 | 27,200 | ₹7,153,600 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 594.34 | 388.79 | 272.94 |
| EBITDA | 57.91 | 36.29 | 23.41 |
| Profit After Tax (PAT) | 38.32 | 22.64 | 14.30 |
| Net Worth | 131.59 | 93.27 | 70.62 |
| Total Assets | 265.09 | 219.51 | 205.04 |
| Reserves & Surplus | 120.22 | 92.23 | 69.59 |
| Total Borrowings | 28.71 | 30.51 | 28.51 |