Ceigall India Limited
Ceigall India IPO is a book built issue of ₹568.41 Cr (5,68,41,10,840). The issue includes an offer for sale of 1.42 Cr (1,41,74,840) shares aggregating to ₹568.41 Cr (5,68,41,10,840).
Ceigall India IPO bidding started from Aug 01, 2024 and ended on Aug 05, 2024. The allotment for Ceigall India IPO was finalized on Aug 06, 2024. The shares got listed on NSE on Aug 08, 2024.
Ceigall India IPO price band is set at ₹380 to ₹401 per share. The minimum lot size for an application is 37 Shares. The minimum amount of investment required by retail investors is ₹14,060.
Refer to Ceigall India IPO RHP for detailed information.
IPO date
Aug 01,2024 - Aug 05,2024
Listing Date
Aug 08,2024
Face value
₹5
Price Band
₹380 to ₹401 per share
Lot
₹37 Shares
Total Issue Size
1.42 Cr (1,41,74,840)
aggregating up to ₹568.41 Cr (5,68,41,10,840)
Offer for sale
1.42 Cr (1,41,74,840)
aggregating up to ₹568.41 Cr (5,68,41,10,840)
Issue Type
Book Building
IPO Type
Listing At
NSE
Thu, Aug 01, 2024
IPO Open
Mon, Aug 05, 2024
IPO Close
Tue, Aug 06, 2024
Basis of Allotment
Wed, Aug 07, 2024
Initiation of Refunds
Wed, Aug 07, 2024
Credit of Shares to Demat
Thu, Aug 08, 2024
Listing
Ceigall India IPO last GMP is ₹13, last updated Aug 07,2024. With the price band of 401.00, Ceigall India IPO's estimated listing price is ₹414 (cap price + today's GMP).The expected percentage gain/loss per share is 3.24%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
07-Aug-24 | 401.00 | 13 | 414(3.24%) | 7-Aug-2024 16:30 |
06-Aug-24 | 401.00 | 11 | 412(2.74%) | 6-Aug-2024 23:29 |
05-Aug-24 | 401.00 | 19 | 420(4.74%) | 5-Aug-2024 23:26 |
04-Aug-24 | 401.00 | 53 | 454(13.22%) | 4-Aug-2024 23:25 |
03-Aug-24 | 401.00 | 53 | 454(13.22%) | 3-Aug-2024 23:30 |
02-Aug-24 | 401.00 | 60 | 461(14.96%) | 2-Aug-2024 23:32 |
01-Aug-24 | 401.00 | 70 | 471(17.46%) | 1-Aug-2024 23:24 |
31-Jul-24 | 401.00 | 89 | 490(22.19%) | 31-Jul-2024 23:28 |
30-Jul-24 | 401.00 | 70 | 471(17.46%) | 30-Jul-2024 23:31 |
29-Jul-24 | 401.00 | 90 | 491(22.44%) | 29-Jul-2024 23:31 |
28-Jul-24 | NA | 140 | 140(14000.00%) | 28-Jul-2024 23:27 |
27-Jul-24 | 0 | (0.00%) | 27-Jul-2024 14:32 |
Label | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
---|---|---|---|
Assets | 959.14 | 1,827.82 | 2,592.19 |
Revenue | 1,146.50 | 2,087.04 | 3,066.19 |
Profit After Tax | 126.43 | 167.70 | 304.91 |
Net Worth | 431.25 | 593.06 | 906.41 |
Reserves and Surplus | |||
Total Borrowing | 652.12 | 1,252.58 | 1,811.02 |
Founded in 2002, Ceigall India Limited is an infrastructure construction company with expertise in specialized structural projects, including elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways.
By July 2024, the company completed over 34 road and highway projects. These projects include project 16 EPC, one HAM project, five O&M projects, and 12 Item Rate Projects.
The company has 18 ongoing projects, including 13 EPC projects and five HAM projects. These involve elevated corridors, bridges, flyovers, rail over-bridges, tunnels, expressways, runways, metro projects, and multi-lane highways.
As of March 31, 2024, the company has 1,488.17 lane kilometers of ongoing projects and has completed 2,158.72 lane kilometers of O&M projects.
The company specializes in the construction, development, and execution of major multi-lane highway projects with specialized structures in various states of India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Delhi, Maharashtra, and Bihar.
Ceigall India Limited won the "Gold Award" at the National Highways Excellence Award, 2020 for the Khemkaran-Amritsar Project. They also received the "Special Award" at the National Highways Excellence Awards, 2021 for the Ramdas Gurdaspur Project, including the Kartarpur Sahib Project.
The company's Order Book as of June 30, 2024, and for the fiscal years 2024, 2023, and 2022, were ₹94,708.42 million, ₹92,257.78 million, ₹108,090.43 million, and ₹63,461.30 million, respectively.
The company has recently completed several key projects, including widening a road in Punjab, constructing the Kartarpur-Sahib Project, and finishing an elevated corridor portion for the Delhi-Saharanpur Project.
As of March 31, 2024, the company has 2,256 permanent employees
Ceigall India Limited
A-898,
Tagore Nagar
Ludhiana - 141 001
Phone: +91 161 4623666
Email: [email protected]
Website: https://www.ceigall.com/
The promoters of the Company, are Ramneek Sehgal, Ramneek Sehgal and Sons HUF and RS Family Trust.