
Infrastructure & Construction · BSE
Goel Construction Company Limited (GCCL), incorporated in 1997, is engaged in construction and infrastructure projects with a strong focus on civil and structural works. The company’s expertise covers a wide range of sectors, including cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects. Over the past three years, GCCL has completed 18 projects worth ₹1,03,320.40 lakhs, while as of February 28, 2025, it is executing 14 ongoing projects across seven states with an order book valued at ₹48,861.97 lakhs. The company has delivered successful projects across various regions of India, including Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, and Karnataka. As of February 28, 2025, GCCL employs 1,168 permanent staff, strengthening its operational capacity nationwide.
Price Band
₹250 – ₹263
Issue Size
₹100 Cr
Lot Size
400 shares
GMP
+19.0%
Est. Listing
₹313
at current GMP
Subscribed
124.39x
overall
Open
2 Sep 2025
Close
4 Sep 2025
Allotment
5 Sep 2025
Refund
6 Sep 2025
Demat Credit
7 Sep 2025
Listing
9 Sep 2025
Overall Subscription
124.39x
Total Demand
QIB Multiplier
124.27x
Institutions & Funds
NII / HNI
225.67x
High Net-Worth
Retail (RII)
88.61x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 708,000 | 87,982,000 | 124.27x |
| NIB | 531,600 | 119,963,600 | 225.67x |
| HNIs(10L +) | 354,400 | 99,889,200 | 281.85x |
| HNIs (2-10L) | 177,200 | 20,074,400 | 113.29x |
| RETAIL | 1,240,000 | 109,872,000 | 88.61x |
| EMPLOYEES | 76,000 | 74,400 | 0.98x |
| Total | 3,087,200 | 437,855,600 | 124.39x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 141 | 0.00x |
| NIB | — | 38,973 | 0.00x |
| RETAIL | 1,550 | 137,340 | 88.61x |
| EMPLOYEES | — | 58 | 0.00x |
| HNIs(10L +) | 295 | 23,748 | 80.50x |
| HNIs (2-10L) | 148 | 15,225 | 102.87x |
| Total Applications | 1,993 | 215,485 | 108.12x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Goel Construction Company Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹100.15 Crores. The shares are offered at a price band of ₹250 to ₹263 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-04, the basis of allotment is scheduled to be finalized on 2025-09-05. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Goel Construction Company Limited IPO is ₹50 per equity share. Based on the upper price band of ₹250 to ₹263 per equity share, the estimated listing price is ₹313 (+19.0% expected listing gain).
With a lot size of 400 shares and current GMP of ₹50, the expected profit per application lot is approx ₹20,000 (+19.0% gain). Minimum application cost is approx ₹1,05,200.
The Goel Construction Company Limited IPO aggregate issue size is ₹100.15 Crores with an equity price band set at ₹250 to ₹263 per equity share. The retail lot size is 400 shares requiring a minimum capital outlay of approx. ₹1,05,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 124.39x (Retail: 88.61x, QIB: 124.27x, NII: 225.67x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-09-05. Investors can verify status using PAN card or application number.
Goel Construction Company Limited shares are scheduled to list on BSE on 2025-09-09.