Goel Construction IPO Allotment Status: Check Latest GMP, Steps To Verify Status
The bidding window for the Goel Construction SME IPO was open from September 2, 2025, to September 4, 2025. The basis of allotment will be finalised today, September 8, 2025. Here’s how you can check the IPO allotment status.
Procedure to Check Goel Construction IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Goel Construction LIMITED”.
- Enter your “Application No.” or “PAN”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Goel Construction IPO Allotment Status on MUFG Intime India Private Limited (Registrar to the issue)
- Click here to visit MUFG Intime’s application status page.
- Under, Please select company, select “Goel Construction Limited.”
- Enter any of the following details.
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- PAN
- App. No.
- DP/Client ID
- Account No / IFSC
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- Click “Submit”.
Explore other Upcoming IPOs on BSE and NSE.
IPO Details
Goel Construction's IPO is a book-building issue of ₹100.15 crores, consisting of a fresh issue of ₹81.12 crore and an offer for sale of ₹19.03 crore by existing shareholders.
The price band is set between ₹250 and ₹263 per share. The tentative listing on BSE SME is September 10, 2025.
Srujan Alpha Capital Advisors LLP is the book-running lead manager, and MUFG Intime India Private Limited is the registrar for the issue.
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Use of Proceeds
The net proceeds from the fresh issue will be used to:
- Fund capital expenditure towards additional equipments and fleet purchases
- Repay/prepay outstanding borrowings
- General corporate purposes
Goel Construction IPO – Overall Subscription Status
(September 4, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
124.20 |
|
Non-Institutional Investors |
165.88 |
|
Individual Investors (IND category bidding for 2 Lots) |
88.55 |
|
Total |
115.77 |
Goel Construction IPO GMP Details
As of 8 Sep 2025, Goel Construction IPO GMP stood at ₹51. The estimated listing price is ₹314, i.e., a 19.39% gain per share over the upper price band.
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Source: Business Standard Report dated 8 September, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news 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. |
Goel Construction Business Overview
Goel Construction is a contracting firm with proven expertise in executing large-scale industrial and infrastructure development projects. In the past four years, the company has successfully completed 19 projects across multiple states in India, totalling a contract value of ₹1,13,499.37 lakhs. As of June 30, 2025, they are actively executing 14 projects in eight different states, with an order book of ₹59,660.28 lakhs.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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