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( MENAFN - KNN India) New Delhi, Jan 14 (KNN) B.R. Goyal Infrastructure Ltd opened flat on the BSE SME platform today, ...
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Indore-based construction company BR Goyal Infrastructure Ltd saw a modest listing on the BSE SME platform on4. Its shares ...
BR Goyal Infrastructure raised around Rs 85 crore through its IPO, which was subscribed by a decent 118 times. The ...
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The Initial Public Offering (IPO) of BR Goyal Infrastructure, a leading Indore-based infrastructure construction company, has garnered a strong response from investors, with the issue being ...
Indore-based BR Goyal Infrastructure sold its shares for in the range of Rs 128-135 apiece, which could be applied for a minimum of 1,000 shares and its multiples to raise 85.21 crore.
BR Goyal IPO opened for subscription on January 7 and closes on January 9. The ₹85 crore SME IPO is fully subscribed, with a potential listing premium of 30%.
Use of IPO proceedings The company intends to use Rs 8.02 crore of the IPO proceeds for capital expenditures, particularly the purchase of vehicles, in accordance with BR Goyal Infrastructure's RHP.
BR Goyal Infrastructure's initial share sale continued to garner strong interest from investors, who have subscribed the SME IPO 109.91 times so far on the final day of bidding, i.e. January 9.