BR Goyal Infrastructure Limited IPO GMP: BR Goyal IPO, the topic of current interest for investors have already witnessed a number of subscriptions. Thus, the learning about the company and its GMP becomes essential.
About BR Goyal Infrastructure Limited
Over thirty years ago, a group of visionaries founded a partnership firm called “Balkrishna Ramkaran Goyal,” which was established by a partnership document dated August 4, 1986. This was the beginning of their journey. The firm was changed from a partnership to a private limited company under the name “B R Goyal Infrastructure Pvt. Ltd.” after the partners mutually agreed to resolve their accounting rights. According to the provisions of the Companies Act of 1956, as stated in the certificate of incorporation issued in Indore, M.P. on April 1, 2005. Their company was then renamed “B R Goyal Infrastructure Ltd.” and its certificate of incorporation, dated May 9, 2018, was amended to a Public Limited company. What the company has achieved from its mistakes and come a long way is respect-worthy. No wonder all eyes are on the BR Goyal Infrastructure Limited IPO GMP today!
Details of BR Goyal Infrastructure Limited IPO
All the key Highlights of this IPO are listed down below:
| IPO Opening Date | 7 January 2025 |
| IPO Closing Date | 9 January 2025 |
| Listed At | SME, BSE |
| Lot Size | 1000 shares |
| Issue Size | 85.21 Cr |
| Price Range | ₹125-₹135 |
BR Goyal Infrastructure Limited IPO GMP & Market Predictions
The expected return from the IPO is around 30% and the price made a high of ₹45 on 8th January 2025. What’s even more interesting for investors is the BR Goyal infrastructure Limited IPO GMP today which was anticipated a certain number but usually the price differs (it may be either less or more) from the actual predictions. The BR Goyal Infrastructure Limited IPO GMP today is showing strong interest from the investors. As on 9th January 2025, the GMP (Grey Market Premium) was ₹ 51 for BR Goyal Infrastructure Limited. With the price band fixed at Rs 135 per share, the cap price plus the existing GMP add up to the projected price listing for the IPO, which is Rs 186. This means that investors will make 37.78% more per share based on the expected listing price. Since the offer went up for subscriptions on January 7, the GMP pricing has been gradually rising. On Day 1, it was entirely booked at Rs 35, but now it has spiked. An increased GMP indicates high investors interest. Though it is not official data of the company as it keeps on fluctuating.
Final Verdict
The robust position of BR Goyal Infrastructure Limited IPO GMP today indicates that investors have high hopes for the company’s future. However, it is important to keep in mind that before investing in the IPO, investors should evaluate the company’s financials, perform extensive due diligence, and take their personal risk tolerance into account.
For more such information, check out Angelone application wherein you can create your Demat account with a single tap and start your investor journey instantly.
Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI registered advisor before investing anywhere.