B.R.Goyal Infrastructure Ltd Share Price

History of B.R.Goyal Infrastructure Ltd

B. R. Goyal Infrastructure Limited was originally formed as Partnership Firm in the name and style of 'M/s. Balkrishna Ramkaran Goyal' pursuant to a Deed of Partnership dated August 4, 1986. The business of the Partnership Firm was taken over by the Company pursuant to the conversion and ' M/s. Balkrishna Ramkaran Goyal' was thereafter converted from a Partnership Firm to a Private Limited Company in the name and Style of 'B. R. Goyal Infrastructure Private Limited' incorporated on April 1, 2005 issued by Registrar of Companies, Madhya Pradesh and Chhatisgarh. Subsequently, Company was converted into a Public Limited Company and the name was changed to 'B. R. Goyal Infrastructure Limited' vide fresh Certificate of Incorporation dated May 9, 2018 issued by the Registrar of Companies, Gwalio ...r. The Company engaged in construction and development of infrastructure projects such as roads, highways, bridges and buildings since inception and has ongoing projects in the State of Madhya Pradesh, Maharashtra, Gujarat, Punjab, Haryana, Uttar Pradesh, Mizoram and Manipur. Company carry out EPC services for third parties- majorly for government departments, primarily in roads & highways, commercial complex, industrial parks, housing projects and HAM (Hybrid Annuity Mode) Projects. It is engaged in wind power generation, manufacturing of Ready-Mix Concrete (RMC) and Toll Collection Contract (TCC). The Company execute road construction projects as EPC contractors and construction services providers. Also, currently, it is undertaking one HAM Project. For projects that Company deliver on an EPC and construction services basis, their scope of services typically includes design and engineering of the project, procurement of raw materials, project execution at site with overall project management up to the commissioning of these projects. Over the years, the Company has developed an established EPC and construction business and gradually added facilities to support and supplement EPC and construction business. It developed in house resources to deliver a project from conceptualization to completion that includes design and engineering team and RMC manufacturing unit with an installed capacity of 1.80 Lakhs cubic meters per annum at Indore in 2008. Besides, it ventured in the business of Wind Energy/Power Generation by installing a 1.25 MW Wind Power Turbine at Jaisalmer, in Rajasthan which commissioned in 2005. It entered into Power Purchase Agreement with Ajmer Vidyut Vitran Nigam Limited for a period of 20 years commencing from March 2005 at a pre-determined tariff. In 2021-22, B. R Goyal Tollways LLP became a Subsidiary of the Company and BR-DSR Lateri Shamshabad Private Limited became subsidiary of the Company in 2022-23. Further, the Company with the approval of its members vide Special Resolution on 07 November 2024 altered its main object clause of the Memorandum of Association of the Company by inserting the business activity of Toll collection contracts. The Company raised Rs 85.21 Cr through IPO by issuing 63,12,000 equity shares of Rs 10 each through fresh issue in January, 2025. The Company ventured in the business of wind energy/Power Generation by installing a 1.25 MW Wind Power Turbine at Jaisalmer (Rajasthan) in FY25.