The highly anticipated Goel Construction IPO allotment results are now available, with the basis of allotment finalized on September 5, 2025. This SME IPO has garnered significant investor attention, making it crucial for applicants to check their allotment status promptly.
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Goel Construction IPO: Key Details at a Glance
| Parameter | Details |
|---|---|
| IPO Size | ₹99.77 crores |
| Price Band | ₹250 – ₹263 per share |
| Bidding Period | September 2-4, 2025 |
| Allotment Date | September 5, 2025 |
| Listing Date | September 9, 2025 |
| Exchange | BSE SME |
| Minimum Bid | 800 shares |
| Lot Size | 400 shares |
Outstanding Market Response
The Goel Construction IPO was oversubscribed by an impressive 116 times, showcasing exceptional investor confidence in the construction and infrastructure company. This overwhelming response indicates strong market appetite for quality SME offerings in the current market environment.
The Grey Market Premium (GMP) reached a high of ₹60 on September 4th against a low of ₹55 on September 3rd, suggesting positive sentiment among informal market participants.
Company Profile: Strong Track Record
Goel Construction has an impressive portfolio, having completed 18 projects worth ₹1,03,320.40 lakhs across multiple states including Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, and Karnataka. The company’s diverse geographical presence demonstrates operational expertise and market reach.
Currently, the company is executing 14 ongoing projects across 7 states, highlighting its active business pipeline and growth trajectory.
Step-by-Step Guide: Check Your Allotment Status
Method 1: BSE Website
- Visit the official BSE website
- Navigate to “Corporate Actions” → “IPO”
- Select “Goel Construction Limited”
- Enter your PAN number or application number
- Submit to view your allotment status
Method 2: Registrar Website
- Visit the registrar’s official portal
- Select “Goel Construction IPO” from the dropdown
- Choose your application type (ASBA/Non-ASBA)
- Enter required details (PAN/Application Number)
- Click “Submit” to check status
Method 3: Mobile Apps
Most leading broking platforms and financial apps now provide IPO allotment checking features. Simply log in to your preferred trading platform and navigate to the IPO section.
What Happens Next?
Successful allottees will receive Goel Construction shares in their demat accounts by Monday, September 8, 2025. The company’s shares are expected to commence trading on BSE SME platform on September 9, 2025.
For unsuccessful applicants, refund processing will begin immediately, with amounts typically credited within 3-5 working days.
Investment Considerations
The construction sector presents significant opportunities given India’s infrastructure development focus. Goel Construction’s established track record and diverse project portfolio position it favorably in this growing market.
However, investors should note that SME IPOs carry higher risk compared to mainboard offerings. Consider your risk tolerance and investment horizon before making decisions.
Market Outlook
The overwhelming subscription response reflects positive investor sentiment toward quality construction companies. With ongoing infrastructure development initiatives and urbanization trends, companies like Goel Construction are well-positioned for growth.
Stay updated with the latest IPO developments and market analysis through reliable financial news platforms to make informed investment decisions.
Conclusion
The Goel Construction IPO’s exceptional market response demonstrates investor confidence in the company’s business model and growth prospects. Whether you received allotment or not, this IPO serves as a valuable case study for understanding market dynamics in the SME segment.
Keep monitoring your allotment status through official channels and prepare for the listing day excitement. Remember to conduct thorough research and consult financial advisors for personalized investment guidance.
Frequently Asked Questions
Q: When can I check my Goel Construction IPO allotment status?
A: The allotment status is now available for checking as the basis of allotment was finalized on September 5, 2025. You can check your status through BSE website, registrar portal, or your broker’s platform using your PAN number or application number.
Q: What is the current Grey Market Premium (GMP) for Goel Construction IPO?
A: The Goel Construction IPO GMP reached a high of ₹60 per share on September 4th, indicating positive market sentiment. However, GMP is unofficial and can fluctuate based on demand and supply in the grey market, so it should not be the sole factor for investment decisions.
