B. R. Goyal Infrastructure IPO Allotment Status: Check Allotment Status Online on NSE & Link InTime India

Bidding for BR Goyal Infrastructure's SME initial public offering (IPO) closed on January 9, 2025, and the basis of allotment will be finalised today, January 10, 2025. 

B. R. Goyal Infrastructure IPO Details

The IPO is a 100% book-built fresh issue of 63.12 lakh shares. Bidding for the Capital Infra Trust InvIT IPO started on January 7 and closed on January 9. The tentative listing date on BSE is January 14, 2025.

How To Check The Allotment Status of B. R. Goyal Infrastructure IPO Online? 

Steps to Check Allotment Status of B. R. Goyal Infrastructure IPO on the BSE:

1. Visit the IPO allotment page on the BSE’s official website.
2. Select “equity” as “issue type.”
3. Select "B. R. Goyal Infrastructure" under the “issue name” from the dropdown menu.
4. Enter your application number or PAN.
5. Verify the captcha and click on "Search."

Steps to Check Allotment Status of B. R. Goyal Infrastructure IPO on Link Intime India Private Limited (Registrar to the Issue):

1. Visit the IPO Application Status page.
2. Select B. R. Goyal Infrastructure under “Please select company.”
3. Provide one of the following details:
1. PAN (Permanent Account Number)
2. Application Number
3. DP/Client ID (for Demat accounts)
4. Account Number and IFSC

    4. Click Submit. 

B. R. Goyal Infrastructure Business Overview

1. R. Goyal Infrastructure specialises in the construction and development of infrastructure projects, including roads, highways, bridges, and buildings. The company provides engineering, procurement, and construction (EPC) services and is engaged in wind power generation, production of ready-mix concrete (RMC), and toll collection contracts (TCC). 

B. R. Goyal Infrastructure IPO Day 3 Subscription Status 

(January 9, 2025 End of Day) 

By the end of Day 3, the IPO was oversubscribed 78.53 times. 

• Qualified Institutional Buyers (QIBs): 69.88x
• Non-Institutional Investors (NIIs): 257.22x
• Retail Individual Investors (RIIs): 87.44x

Utilisation of IPO Proceeds

The IPO proceeds are proposed to be utilised to fund the following:

• Capital expenditure
• Working capital  
• Inorganic growth through acquisitions
• General corporate purposes.

Grey Market Premium (GMP)

The GMP for B. R. Goyal Infrastructure stood at Rs 51, indicating listing at a 37% premium.

Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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