SME IPO: B.R. Goyal Infrastructure to Launch IPO on 7th Jan
B.R. Goyal Infrastructure Limited to Launch IPO on 7th Jan Posted by NILESH WAGHELA Mumbai: B.R. Goyal Infrastructure Limited, a company specializing in road construction and infrastructure projects, will launch its Initial Public Offering (IPO) on January 07, 2025. The company plans to raise ₹85.21 crore by issuing 63,12,000 equity shares, which will be listed on the BSE SME platform. Key IPO Details - **Total Issue Size**: 63,12,000 equity shares - **Face Value**: ₹10 per share - **Price Band**: ₹128 - ₹135 per share - **Anchor Bidding Date**: January 06, 2025 - **Issue Closing Date**: January 09, 2025 Purpose of the IPO The funds raised from the IPO will be used for: 1. Investing in new equipment and infrastructure (capital expenditure). 2. Meeting working capital needs. 3. Funding acquisitions and strategic growth opportunities. 4. General corporate purposes....