Ceigall India IPO Details: Ceigall India IPO date is fixed, the IPO is to hit the market on August 1, 2024 and will close on August 5, 2024. Ceigall India IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹684.25 crores and offer for sale up to 1,41,74,840 equity shares of ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Ceigall India was incorporated in July 2002, and it is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway bridges, tunnels, highways, expressways, and runways It has a reputation for delivering quality projects. They are one of the fastest growing engineering, procurement, and construction (“EPC”) company in terms of three-year revenue CAGR as of Fiscal 2023, among the companies with a turnover of over ₹ 10,000 million in Fiscal 2023.
The company has completed over 34 projects, including 16 EPC and one HAM project, in the roads and highways sector. Currently, the Company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways. In addition to undertaking operation and maintenance (“O&M”) activities by their contractual obligations under the EPC/HAM concession agreements, they have also undertaken independent O&M projects. Further, they have also undertaken sub-contracting projects in the past.
Objects of the Issue
- Purchase of equipment
- Repayment/ prepayment, in full or in part, of certain borrowings availed by our Company and our Subsidiary, CIPPL
- General corporate purposes
Ceigall India IPO Review (Apply or Not)
- To be updated soon
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Ceigall India IPO Date & Price Band Details
| IPO Open: | August 1, 2024 |
| IPO Close: | August 5,2024 |
| IPO Size: | Approx ₹[.] Crores, [.] shares |
| Fresh Issue: | Approx ₹684.25 Crores, [.] shares |
| Offer for Sale: | Approx ₹[.] Crores, 1,41,74,840 shares |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Ceigall India IPO Market Lot
The Ceigall India IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Ceigall India IPO Allotment & Listing Dates
The Ceigall India IPO date is August 1 and the close date is August 5. The Ceigall India IPO allotment will be finalized on August 6 and the IPO listing on August 8 .
| IPO Open Date: | August 1, 2024 |
| IPO Close Date: | August 5, 2024 |
| Basis of Allotment: | August 6, 2024 |
| Refunds: | August 7, 2024 |
| Credit to Demat Account: | August 7, 2024 |
| IPO Listing Date: | August 8, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Ceigall India IPO Form
How to apply for the Ceigall India IPO? You can apply for Ceigall India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ceigall India IPO in the Invest section. The other option is you can apply for Ceigall India IPO via IPO forms downloaded via NSE and BSE. Check out the Ceigall India forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Ceigall India Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹1146.50 | ₹977.03 | ₹125.86 |
| 2023 | ₹2087.04 | ₹1861.85 | ₹167.27 |
| 2024 | ₹3066.19 | ₹2660.83 | ₹304.31 |
Ceigall India IPO Valuation – FY2024
Check Ceigall India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹19.37 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 33.57% |
| Net Asset Value (NAV): | ₹57.68 per Equity Share |
Peer Group
- PNC Infratech Limited
- G R Infraprojects Limited
- H.G. Infra Engineering Limited
- KNR Constructions Limited
- ITD Cementation India Limited
- J Kumar Infraprojects Limited
Company Promoters
- Ramneek Sehgal
- Ramneek Sehgal
- Sons HUF and RS Family Trust
Ceigall India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Ceigall India IPO Allotment Status Check
Check Ceigall India IPO allotment status on Linkintime website allotment URL. Click Here
Ceigall India IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- IIFL Securities Limited
- JM Financial Limited
Company Address
Ceigall India Limited
A-898, Tagore Nagar,
Ludhiana 141 001, Punjab, India
Phone: +91 161 4623666
Email: secretarial@ceigall.com
Website: www.ceigall.com
Ceigall India IPO FAQs
What is Ceigall India IPO?
Ceigall India IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.
When Ceigall India IPO will open?
The IPO is to open on August 1 for QIB, NII, and Retail Investors.
What is Ceigall India IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Ceigall India IPO?
You can apply for Ceigall India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
