{"id":40729,"date":"2024-08-10T13:59:07","date_gmt":"2024-08-10T08:29:07","guid":{"rendered":"https:\/\/prevalentindia.in\/index.php\/2024\/08\/10\/b-r-goyal-infrastructure-limited-files-drhp-on-bse-sme-for-ipo\/"},"modified":"2024-08-10T13:59:07","modified_gmt":"2024-08-10T08:29:07","slug":"b-r-goyal-infrastructure-limited-files-drhp-on-bse-sme-for-ipo","status":"publish","type":"post","link":"https:\/\/prevalentindia.in\/index.php\/2024\/08\/10\/b-r-goyal-infrastructure-limited-files-drhp-on-bse-sme-for-ipo\/","title":{"rendered":"B.R.Goyal Infrastructure Limited Files DRHP On BSE SME For IPO"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], August 10:<\/strong> B.R.Goyal\u00a0Infrastructure Limited\u00a0(BRG, The\u00a0company), 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.\u00a0The company\u00a0intends to\u00a0raise\u00a0funds by issuing\u00a0a fresh\u00a0issue\u00a0of\u00a064,32,000 equity shares with a face value of\u00a0\u20b9\u00a010 each.<\/p>\n<p>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\u00a0revenue from operations rising to\u00a0\u20b958,875.91 lakhs in\u00a0FY24 from\u00a0\u20b922,488.26 lakhs in\u00a0FY22, and\u00a0consolidated\u00a0EBITDA reaching\u00a0\u20b93,245.58 lakhs in\u00a0FY24\u00a0from\u00a0\u20b91,889.60 lakhs in FY22.\u00a0Consolidated\u00a0PAT more than doubled to\u00a0\u20b92,188.91 lakhs in\u00a0FY24\u00a0against\u00a0\u20b9756.09 lakhs in FY22, reflecting strong net profitability.<\/p>\n<p>As\u00a0B.R.Goyal\u00a0Infrastructure moves forward with its IPO plans, the funds raised will be instrumental in supporting its capital expenditure, working capital needs, and inorganic growth through acquisitions and other strategic initiatives. With a proven track record and a clear vision for the future, the company is well-positioned to capitalize on opportunities in the rapidly evolving infrastructure sector in India.<\/p>\n<p>Beeline Capital Advisors Private Limited has been appointed as the Book-Running Lead Manager for the Issue, while Link Intime India Private Limited will serve as the Registrar.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], August 10: B.R.Goyal\u00a0Infrastructure Limited\u00a0(BRG, The\u00a0company), one of the leading players in the construction and infrastructure<\/p>\n","protected":false},"author":1,"featured_media":40730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[575],"class_list":["post-40729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts\/40729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=40729"}],"version-history":[{"count":0,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts\/40729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/media\/40730"}],"wp:attachment":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=40729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=40729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=40729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}