The B.R. Goyal Infrastructure Share Price Target 2030 is scheduled to open for subscription on January 7, 2025. The company, a key player in the infrastructure development sector, specializes in executing large-scale civil engineering projects, including roads, highways, and industrial facilities. With this IPO, the company aims to strengthen its financial position and expand its operational capabilities.
IPO Details
- IPO Opening Date: January 7, 2025
- IPO Closing Date: January 9, 2025
- Issue Price: ₹135 per share
- Total Issue Size: ₹85.21 Crores
- Lot Size: 1,000 shares
- Expected Listing Date: January 14, 2025
- Listing Exchange: BSE SME
Company Background: B.R. Goyal Infrastructure Limited
Founded with a vision to deliver excellence in construction and engineering, B.R. Goyal Infrastructure Limited has established itself as a reliable name in the infrastructure domain. The company’s portfolio includes the development of roads, highways, and industrial parks, showcasing a commitment to quality and timely delivery. The IPO proceeds will be utilized to expand project execution capabilities and modernize construction equipment.
Objectives of the IPO
- Enhancing Project Capacity: Acquire advanced construction machinery and technology.
- Debt Reduction: Improve financial stability by repaying existing loans.
- Operational Expansion: Explore new markets and undertake large-scale projects.
- Working Capital: Strengthen financial reserves for seamless project execution.
Financial Performance and Predictions
For FY 2023-24, B.R. Goyal Infrastructure Limited reported:
- Revenue: ₹320 Crores
- Net Profit: ₹45 Crores
- Year-on-Year Growth: 22%
| Year | Predicted Share Price (₹) |
|---|---|
| 2025 | ₹150 – ₹165 |
| 2026 | ₹175 – ₹190 |
| 2027 | ₹200 – ₹220 |
| 2028 | ₹230 – ₹250 |
| 2029 | ₹260 – ₹280 |
| 2030 | ₹300 – ₹320 |
The company’s strong revenue growth and profitability highlight its operational efficiency and market potential.
Subscription Details
| Category | Subscription Level |
|---|---|
| Retail Investors | Expected strong interest |
| Institutional Investors | Likely moderate demand |
| High-Net-Worth Individuals (HNIs) | Anticipated significant interest |
Key Growth Factors
- Robust Infrastructure Demand: Driven by government and private sector investments.
- Experienced Management: Proven track record in timely and quality project delivery.
- Strategic Expansion Plans: Focus on diversifying project portfolios and geographical reach.
- Technological Advancements: Adoption of modern construction techniques and equipment.
Conclusion: Is B.R. Goyal Infrastructure Limited IPO a Good Investment?
The B.R. Goyal Infrastructure Limited IPO offers a promising opportunity for investors seeking exposure to the booming infrastructure sector. With a strong financial track record, strategic growth initiatives, and a focus on modernization, the company is well-positioned for long-term success. However, prospective investors should evaluate market conditions and their investment goals before participating. Conducting thorough due diligence is essential.