Introduction
The Goel Construction IPO allotment has been
finalized today, September 8, 2025, sparking significant investor interest
thanks to a robust Grey Market Premium (GMP) of ₹51, which suggests an
approximate 19% expected listing gain over the upper price band. This
SME IPO has captured attention due to its strong order book, impressive
subscription, and positive market sentiment.
Key IPO Details
- IPO
Dates:
- Open:
September 2, 2025
- Close:
September 4, 2025
- Allotment
Finalized: September 8, 2025
- Listing
Date (Tentative): September 10, 2025
- IPO
Size: ₹100.15 crore (Fresh Issue: ₹81.12 crore, OFS: ₹19.03 crore)
- Price
Band: ₹250 – ₹263 per share
- Expected
Listing Price: ₹314 (GMP ₹51)
- Lead
Manager: Srujan Alpha Capital Advisors LLP
- Registrar:
MUFG Intime India Private Limited
Subscription & Allotment Statistics
The IPO was heavily oversubscribed, with bids from all
investor categories:
- Qualified
Institutional Buyers (QIBs): 124.20 times
- Non-Institutional
Investors (NIIs): 224.80 times
- Retail
Investors: 88.61 times
- Total
Subscription: 124.34 times overall
How to Check Goel Construction IPO Allotment Status
- Visit
MUFG Intime India (registrar) or BSE’s IPO allotment page
- Select
‘Goel Construction’ from the dropdown
- Enter
PAN, application number, or Demat account details
- Hit
‘Search’ to view allotment status
Company Overview & Financials
Goel Construction specializes in executing industrial and
infrastructure projects across India:
- Order
Book: ₹59,660.28 lakhs as of June 2025
- Projects
Completed: 19 in last 4 years (₹1,13,499.37 lakhs total value)
- Ongoing
Projects: 14 across 8 states
- FY25
Financials:
- Revenue:
₹594.3 crore (up 53%)
- PAT:
₹38.3 crore (up 69%)
GMP & Listing Gain Outlook
With the GMP at ₹51, the estimated listing price stands at
₹314, marking a possible 19.39% premium over the upper band. This
reflects strong informal market sentiment and a bullish outlook on the listing
day.
Conclusion
Goel Construction IPO’s strong demand, robust fundamentals,
and promising GMP position it as an attractive choice for SME investors. The
IPO allotment, subscription stats, and listing gain potential add value for
those tracking primary markets in September 2025. This blog provides a
comprehensive, SEO-optimized guide for IPO enthusiasts.
Disclaimer: This blog is for informational purposes only.
Securities quoted are not investment recommendations.
