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News Details

02/01/2025 15:00

B.R.Goyal Infrastruc announces launch of initial public offering

B.R.Goyal Infrastructure Ltd has announced public offering of 6312000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 125.00 per share. The gross proceeds of the issue are expected to be Rs 8,521.20 lakhs.

The company's initial public offer (IPO) will open on 07 January 2025 and is expected to close on 09 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 128.00-135.00 per share.

The IPO includes a fresh Issue of 6312000 Equity Shares of the Company at an price of Rs 135.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

B.R.Goyal Infrastructure Ltd anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead manager & Link intime India Pvt. Ltd. is the registrar, to the issue.