B.R.Goyal Infrastructure Limited Files DRHP On BSE SME For IPO

Mumbai (Maharashtra) [India], August 10: B.R.Goyal Infrastructure Limited (BRG, The company), one of the leading players in the construction and infrastructure sector, has announced its plans to enter the primary market with an IPO. The company has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO. The company intends to raise funds by issuing a fresh issue of 64,32,000 equity shares with a face value of ₹ 10 each.

B.R. Goyal Infrastructure Limited offers a diverse portfolio in civil construction, ready-mix concrete, wind power, toll collection, and residential plotting. The company efficiently manages complex projects across India, supported by an extensive fleet and skilled workforce. Financially, B.R. Goyal Infrastructure has shown impressive growth, with consolidated revenue from operations rising to ₹58,875.91 lakhs in FY24 from ₹22,488.26 lakhs in FY22, and consolidated EBITDA reaching ₹3,245.58 lakhs in FY24 from ₹1,889.60 lakhs in FY22. Consolidated PAT more than doubled to ₹2,188.91 lakhs in FY24 against ₹756.09 lakhs in FY22, reflecting strong net profitability.