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Goel Construction IPO vs TechDefence Labs IPO

Comparison between Goel Construction IPO and TechDefence Labs IPO.

IPO Details

Goel Construction IPO is a SME Bookbuilding IPO proposed to list at BSE SME while TechDefence Labs IPO is a SME Bookbuilding proposed to list at NSE SME.

 Goel Construction IPOTechDefence Labs IPO
LogoGoel Construction IPO LogoTechDefence Labs IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersSrujan Alpha Capital Advisors LLPGYR Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Goel Construction IPO is up to ₹95.14 Cr whereas the issue size of the TechDefence Labs IPO is up to ₹37.03 Cr. The final issue price of Goel Construction IPO is ₹263.00 per share and of TechDefence Labs IPO is .

 Goel Construction IPOTechDefence Labs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹250.00 per share₹183.00 per share
Issue Price (Upper)₹263.00 per share₹193.00 per share
Issue Price (Final)₹263.00 per share
Discount (Retail)
Discount (Employee)₹10.00 per share
Market Lot Size400 shares600 shares
Fresh Issue Size28,94,000 shares19,18,800 shares
Fresh Issue Size (Amount)up to ₹76.11 Crup to ₹37.03 Cr
OFS Issue Size7,23,600 shares0 shares
OFS Issue Size (Amount)up to ₹19.03 Crup to ₹0.00 Cr
Issue Size Total36,17,600 shares19,18,800 shares
Issue Size Total (Amount)up to ₹95.14 Crup to ₹37.03 Cr

IPO Timetable

Goel Construction IPO opens on Sep 02, 2025, while TechDefence Labs IPO opens on Sep 15, 2025. The closing date of Goel Construction IPO and TechDefence Labs IPO is Sep 04, 2025, and Sep 17, 2025, respectively.

 Goel Construction IPOTechDefence Labs IPO
Anchor Bid DateSep 01, 2025Sep 12, 2025
Issue OpenSep 02, 2025Sep 15, 2025
Issue CloseSep 04, 2025Sep 17, 2025
Basis Of Allotment (Tentative)Sep 08, 2025Sep 18, 2025
Initiation of Refunds (Tentative)Sep 09, 2025Sep 19, 2025
Credit of Share (Tentative)Sep 09, 2025Sep 19, 2025
Listing date (Tentative)Sep 09, 2025Sep 22, 2025
Anchor Lockin End date 1Oct 04, 2025Oct 18, 2025
Anchor Lockin End date 2Dec 03, 2025Dec 17, 2025

Financials & KPIs

Goel Construction IPO P/E ratio is 7.8, as compared to TechDefence Labs IPO P/E ratio of 32.51.

 Goel Construction IPOTechDefence Labs IPO
FinancialsEBITDAAssets
Promoter Shareholding (Pre-Issue)97.7086.61
Promoter Shareholding (Post-Issue)
P/E Ratio7.832.51
Market Cap₹380.02 Cr.₹144.36 Cr.
ROE62.33%
ROCE33.69%54.25%
Debt/Equity0.220.01
EPS₹33.72₹5.94
RoNW34.09%37.93%

Shares Offered

In the Goel Construction IPO Retail Individual Investors (RII) are offered 12,40,800 shares while in TechDefence Labs IPO retail investors are offered 12,40,800 shares. Qualified Institutional Buyers (QIB) are offered 7,08,400 shares in Goel Construction IPO and 3,84,000 shares in TechDefence Labs IPO.

 Goel Construction IPOTechDefence Labs IPO
Anchor Investor Reserveration10,62,000 shares5,74,800 shares
Market Maker Reserveration1,90,400 shares1,01,400 shares
QIB7,08,400 shares3,84,000 shares
NII5,32,800 shares2,88,000 shares
RII12,40,800 shares6,72,000 shares
Employee73,600 shares0 shares
Others
Total36,17,600 shares19,18,800 shares

Bids Received (Subscription)

Goel Construction IPO subscribed 124.34x in total, whereas TechDefence Labs IPO subscribed .

 Goel Construction IPOTechDefence Labs IPO
QIB (times)124.20x
NII (times)224.80x
Big NII (times)280.68x
Small NII (times)113.03x
RII (times)88.61x
Employee (times)1.01x
Other (times)
Total (times)124.34x