1.Company Information
B.R. Goyal Infrastructure Limited was founded in 2005 and is involved in the construction of infrastructure projects, including buildings, bridges, highways, and roads. With the help of an RMC unit and a design and engineering team, the company has built an integrated EPC and construction business. The installed capacity of the RMC unit, which is situated in Indore, is 1.80 lakh cubic meters annually. The company has more than 199 cars and construction equipment as of September 30, 2024. In 2005, the company installed a 1.25 MW wind turbine in Jaisalmer, Rajasthan, marking its entry into the wind energy industry. The business has successfully completed projects throughout Madhya Pradesh, and after growing its operations, it is now working on road construction projects in Maharashtra, Gujarat, Mizoram, Manipur, and Uttar Pradesh.
Business encompasses five main categories:
1. Engineering Procurement Construction (EPC) services: This includes Roads and Highways, as well as Building and other Civil Construction projects.
2. Ready Mix Concrete (RMC) manufacturing: Ready Mixed Concrete (RMC) is created through computer-controlled processes, which minimize the environmental impact in delicate areas.
3. Wind power generation: The company operates a 1.25 MW wind turbine in Jaisalmer, producing revenue and energy in the following amounts: July 2024 (13.35 INR, 3.97 Lakh KWh), March 2024 (49.38 INR, 14.70 Lakh KWh), March 2023 (33.57 INR, 10.64 Lakh KWh), March 2022 (45.49 INR, 13.85 Lakh KWh).
4. Toll Collection Contract (TCC): TCC projects are located across Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram, and Manipur.
5. Residential Plotting Projects: The company has recently launched two residential plotting ventures named BRG Hill View - II and BRG Hill View II Extension in Village Sanawadiya, Indore.
As of September 30, 2024, the organization employed 402 permanent staff and had 212 employees working at our TCCs.
2. Strenghts
1) Well-established construction developer specializing in roads and highways
2) Effective business model
3) Robust order backlog with an expanding project portfolio
4) Technology-driven project management expertise
5) Management of projects
6) Ownership of equipment
7) Skilled workforce
8) Seasoned management team
2. Objects of the Issue
The Company intend to utilize the net proceeds of the Issue to meet the following objects:
1) Funding capital expenditure requirement of the company
2) Funding Working Capital Requirement of the Company
3) Funding expenditure for inorganic growth through acquisitions & other strategic initiatives and General Corporate Purposes
3.B.R.Goyal Infrastructure Limited IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: brgoyal.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html