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Ceigall India Limited IPO (Ceigall India IPO) Details

Ceigall India Limited

Ceigall India IPO's overview

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

    SME
  • 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 Day-wise IPO GMP Trend

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%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
07-Aug-24401.0013
414(3.24%)7-Aug-2024 16:30
06-Aug-24401.0011
412(2.74%)6-Aug-2024 23:29
05-Aug-24401.0019
420(4.74%)5-Aug-2024 23:26
04-Aug-24401.0053
454(13.22%)4-Aug-2024 23:25
03-Aug-24401.0053
454(13.22%)3-Aug-2024 23:30
02-Aug-24401.0060
461(14.96%)2-Aug-2024 23:32
01-Aug-24401.0070
471(17.46%)1-Aug-2024 23:24
31-Jul-24401.0089
490(22.19%)31-Jul-2024 23:28
30-Jul-24401.0070
471(17.46%)30-Jul-2024 23:31
29-Jul-24401.0090
491(22.44%)29-Jul-2024 23:31
28-Jul-24NA140
140(14000.00%)28-Jul-2024 23:27
27-Jul-240
(0.00%)27-Jul-2024 14:32

Ceigall India IPO Financial Information (Restated Consolidated)

LabelMar 31, 2022Mar 31, 2023Mar 31, 2024
Assets959.141,827.822,592.19
Revenue1,146.502,087.043,066.19
Profit After Tax 126.43167.70 304.91
Net Worth 431.25 593.06906.41
Reserves and Surplus
Total Borrowing652.121,252.581,811.02

About Ceigall India Limited

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 IPO's documents

Ceigall India Limited Contact Details

Ceigall India Limited
A-898,
Tagore Nagar
Ludhiana - 141 001
Phone: +91 161 4623666
Email: [email protected]
Websitehttps://www.ceigall.com/

Ceigall India IPO's Promoters

The promoters of the Company, are Ramneek Sehgal, Ramneek Sehgal and Sons HUF and RS Family Trust.