Mumbai, Sept. 9 -- The scrip was listed at Rs 302.50, a premium of 15.02% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 317.60 and a low of Rs 302.05. About 15.70 lakh shares of the company changed hands at the counter.

Goel Construction Company's IPO was subscribed 115.77 times. The issue opened for bidding on 2 September 2025 and it closed on 4 September 2025. The price of the IPO was fixed between Rs 250-263 per share.

The IPO comprised fresh issue of 30,84,400 shares and offer for sales (OFS) upto 7,23,600 shares. The promoter shareholding in the company diluted to 69.63% post-IPO from 95.99% pre-IPO.

Ahead of the IPO,...