B.R.Goyal Infrastructure IPO

About B.R.Goyal Infrastructure IPO

B.R. Goyal Infrastructure Limited, a prominent player in the infrastructure development sector, has been operational since its inception in 1986. The company has expanded its operations across various states in India, including Madhya Pradesh, Maharashtra, Gujarat, Haryana, Uttar Pradesh, Mizoram, and Manipur. The company specializes in the construction and development of key infrastructure projects such as roads, highways, bridges, commercial complexes, housing projects, and industrial parks, with a significant focus on EPC (Engineering, Procurement, and Construction) services for government departments.

B.R. Goyal's EPC services are a cornerstone of the company’s operations. These services encompass the complete lifecycle of infrastructure projects, from design and engineering to the procurement of raw materials and the final project execution. The company’s expertise extends to the Hybrid Annuity Mode (HAM) projects and toll collection contracts (TCC). In addition to road construction, B.R. Goyal is involved in a range of construction activities, including residential plotting projects, wind power generation, and the manufacturing of Ready-Mix Concrete (RMC). Their RMC manufacturing facility, established in 2008, has a capacity of 1.80 lakh cubic meters per annum and supports the efficient execution of large-scale projects.

The company has demonstrated its capabilities in delivering complex infrastructure projects on time, thanks to its integrated business model that includes in-house design and engineering teams, as well as a fleet of over 199 construction equipment and machinery. This model ensures that B.R. Goyal can handle projects of varying complexities, from conceptualization to completion. The company has a long-term Power Purchase Agreement in place, ensuring a steady revenue stream from its wind energy initiative.

With an extensive track record in roads and highways, B.R. Goyal Infrastructure has built a solid reputation for quality and timely project execution. Recognized for its excellence, the company received the "Captain of Industry" award in 2014 from the Chief Minister of Madhya Pradesh. The leadership of the promoters and directors, who bring over two decades of experience in the infrastructure sector, has been instrumental in the company’s success. Under their guidance, B.R. Goyal Infrastructure continues to grow, expanding its operations and delivering critical infrastructure projects that contribute to India's development across multiple sectors.

B.R. Goyal Infrastructure prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

1. Funding capital expenditure requirement 
2. Funding Working Capital Requirement 
3. Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes