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Ceigall India Ltd.

Ceigall India Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹401
₹401
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹401
Based on GMP
Min. Investment
₹14,837
1 lot × 37 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
01 Aug 2024
Close Date
05 Aug 2024
Allotment
06 Oct 2025
Listing Date
08 Aug 2024
Exchange
NSE & BSE
Price Band
₹401
Listing Price
See chart
Allotment Status
Price Band
₹401
Per share
Face Value
₹5 per share
 
Lot Size
37 Shares
per lot
Issue Size
3,12,43,701 shares (aggregating up to ₹1,252.66 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,837
1 lot
Pre-IPO Holding
15,71,36,000 shares
Promoters
Post-IPO Holding
17,41,99,640 shares
Promoters
P/E (Pre)
20.67x
 
P/E (Post)
22.91x
 
EPS (Pre)
₹19.40
 
EPS (Post)
₹17.50
 
UPI Deadline
2024-08-05
Mandate
Anchor AllotmentWed, 31 Jul 2024
Basis of AllotmentMon, 06 Oct 2025
Refund InitiationWed, 07 Aug 2024
Demat CreditWed, 07 Aug 2024
Listing DayThu, 08 Aug 2024
UPI Mandate Deadline2024-08-05
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,70,68,861 shares (aggregating up to ₹684.35 Cr)
Offer for Sale1,41,74,840 shares of ₹5 (aggregating up to ₹568.32 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ceigall India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
31,243,701
100% ₹1,252.87
IPO Shares Offered
Ceigall India Ltd. IPO total issue size: ₹1,252.87 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 31,243,701 ₹1,252.87
100.00%
* Based on upper price band ₹401 per share
Lot Size & Investment
Lot Size
37
Shares per Lot
Issue Price
₹401.00
Upper Band
Min Investment
₹14,837
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)274₹29,674
Retail (Max — 13 Lots)13481₹192,881
S-HNI (Min — 14 Lots)14518₹207,718
B-HNI (Min — 68 Lots)682,516₹1,008,916
* Issue Price ₹401 × Lot Size 37 shares
IPO Schedule
Anchor
31 Jul 2024
✓ Done
IPO Open
01 Aug 2024
✓ Done
IPO Close
05 Aug 2024
✓ Done
Allotment
06 Oct 2025
✓ Done
Refunds
07 Aug 2024
✓ Done
Demat Credit
07 Aug 2024
✓ Done
Listing Day
08 Aug 2024
✓ Done
Ceigall India Ltd. — Live Price LIVE
₹401.00
INR · BSE
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Issue ₹401.00 Live Price
About Ceigall India Ltd.
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
Objects of the Issue
1
1. Purchase of equipment;
2
2. Repayment/ prepayment, in full or in part, of certain borrowings availed by:
3
The Company; and
4
The Subsidiary, Ceigall Infra Projects Private Limited
Ceigall India Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,146.5
31 Mar 2022
₹2,087.0
31 Mar 2023
₹3,066.2
31 Mar 2024
Profit After Tax (PAT)
₹126.4
31 Mar 2022
₹167.7
31 Mar 2023
₹304.9
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 3066.19 2087.04 1146.50
EBITDA N/A N/A N/A
Profit After Tax (PAT) 304.91 167.70 126.43
Net Worth 906.41 593.06 431.25
Total Assets 312024.00 1827.82 959.14
Reserves & Surplus N/A N/A N/A
Borrowings 1811.02 1252.58 652.12
EBITDA Margin (%) N/A
PAT Margin (%) 10.05%
P/BV Ratio
6.95
RoE
33.57%
RoCE
31.98%
RoNW
33.57%
PAT Margin
10.05%
Debt/Equity
1.17
Issue Structure & Shareholding
Total Shares Offered3,12,43,701 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding15,71,36,000 shares
Post-Issue Promoter Holding17,41,99,640 shares
P/BV Ratio6.95
RoE33.57%
RoCE31.98%
Debt / Equity1.17
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ICICI Securities Ltd.
IIFL Capital Services Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ceigall India Ltd. IPO subscribed?

Ceigall India Ltd. IPO is subscribed 1.00 times by Aug 05, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ceigall India Ltd. IPO retail subscription status?

The Ceigall India Ltd. IPO retail category is subscribed 1.00 times as of 05 Aug 2024. The retail portion is oversubscribed.

How to subscribe Ceigall India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 01 Aug 2024 and closes 05 Aug 2024. Min investment: ₹14,837 (1 lot = 37 shares). UPI mandate: 2024-08-05.

How many times Ceigall India Ltd. IPO subscribed?

The Ceigall India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ceigall India Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Oct 2025. Refunds: on 07 Aug 2024.

When Ceigall India Ltd. IPO will be listed?

The Ceigall India Ltd. IPO listing date is 08 Aug 2024, Thursday. Listed on: NSE & BSE. Issue price: ₹401. Estimated listing: ₹401. GMP: NIL.

When Ceigall India Ltd. IPO close?

The Ceigall India Ltd. IPO closes on 05 Aug 2024, Monday. UPI mandate: 2024-08-05. Allotment: 06 Oct 2025. Listing: 08 Aug 2024.