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    5. CEIGALL

    Ceigall India Limited

    CLOSED

    IPO Date: 1 Aug - 5 Aug 2024

    Listing Date: 8 Aug 2024

    Price Range

    ₹380 to ₹401 per share

    Issue Size

    1252.66 Cr

    Min Investment

    ₹14,060

    Lot Size

    37 Shares

    View IPO Document

    Schedule of Ceigall India Limited

    Issue open date

    1 Aug 2024

    Issue close date

    5 Aug 2024

    UPI mandate deadline

    5 Aug 2024 (5 PM)

    Allotment finalization

    6 Aug 2024

    Share credit

    7 Aug 2024

    Listing date

    8 Aug 2024

    Mandate end date

    N/A

    Issue size

    Funds Raised in the IPOAmount
    Overall1252.66 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date6 Aug 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    8 Aug 2024₹401₹17₹418 (4.36%)
    7 Aug 2024₹401₹17₹418 (4.36%)
    6 Aug 2024₹401₹11₹412 (2.74%)
    5 Aug 2024₹401₹19₹420 (4.74%)
    4 Aug 2024₹401₹53₹454 (13.22%)
    3 Aug 2024₹401₹53₹454 (13.22%)
    2 Aug 2024₹401₹60₹461 (14.96%)
    1 Aug 2024₹401₹70₹471 (17.46%)
    31 Jul 2024₹401₹89₹490 (22.19%)
    30 Jul 2024₹401₹70₹471 (17.46%)
    29 Jul 2024₹401₹90₹491 (22.44%)

    Performance Ceigall India Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹380 to ₹401 per share₹ 1949 (-3.55%) ₹ 265.1-33.89%

    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

    Founded in2002
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)31.26
        Non-Institutional Investors (NIIs)14.83
        Retail Individual Investors (RIIs)3.82
        Employee11.84
        Total14.01