c, Date, Review, Price

Ceigall India ipo
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CEIGALL INDIA IPO details Today : CEIGALL INDIA IPO details Today is Open on 1 August 2024 and Close on 5 August 2024. CEIGALL INDIA IPO to Raise 31,238,480 shares (Approx ₹1,252.66 Cr) via IPO. The Fresh issue of 17,063,640 shares (Approx ₹684.25 Cr) and The Offer For Sale is 14,174,840 shares of ₹5 (Approx ₹568.41 Cr).

Our Company was incorporated in July 2002 We are an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways and runways.

We are one of the fastest growing engineering, procurement and construction (“EPC”) Company.

Our Company has transitioned from a small construction company to an established EPC player, demonstrating expertise in the design and construction of various road and highway projects including specialised structures across 10 states in India.

Our Company has Completed over 34 projects, including 16EPCand one HAM project, in the roads and highways sector.

We have an experience of executing projects across diverse geographic locations in India with varying degrees of complexities such as construction in high-traffic and high-density areas, construction of tunnels in hilly terrain and slope protection and rock fall protection due to high rainfalland involving specialised structures such as tunnels, bridges and elevated roads.

We have diversified our geographical presence in construction and development and execution of major multi-lane highway projects with specialised structuresin various states of India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu andKashmir, Jharkhand, Delhi, Maharashtraand Bihar.

Our Public Sector Clients include Indian Railway Construction International Limited (“IRCON”), Military Engineer Services (“MES”) and Bihar State Road Development Corporation Limited (“BSRDCL”).

Ceigall India IPO Date & Price Band Details

IPO Open Date 1 Aug 2024
IPO Close Date 5 Aug 2024
IPO Size 31,238,480 shares (Approx ₹1,252.66 Cr)
Fresh Issue 17,063,640 shares (Approx ₹684.25 Cr)
Offer For Sale 14,174,840 shares of ₹5 (Approx ₹568.41 Cr)
Lot Size 37 Shares
IPO Face Value ₹5 Per Equity Share"
IPO Price Band ₹380 to ₹401 Per Every Share
Employee Discount ₹38 Per Equity Shares
IPO Listing On NSE & BSE
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Ceigall India IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 37 ₹14,837
Retail Maximum 13 481 ₹1,92,881
S-HNI Minimum 14 518 ₹2,07,718
B-HNI Minimum 68 2,516 ₹10,08,916

Object of the Issue

  1. Purchase of Equipment.
  2. Repayment/ Prepayment, in Full or in Part, of Certain Borrowings Availed by Our Company and Our Subsidiary, CIPPL.
  3. General Corporate Purposes.

Ceigall India IPO Allotment & Listings (Details)

IPO Open Date 1 Aug 2024
IPO Close Date 5 Aug 2024
Basis of Allotment 6 Aug 2024
Refunds 7 Aug 2024
Credit to Demat Account 7 Aug 2024
IPO Listing Date 8 Aug 2024

Ceigall India Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹3066.19 ₹2660.83 ₹304.31
2023 ₹2087.04 ₹1861.85 ₹167.27
2022 ₹1146.50 ₹977.03 ₹125.86

Our Company Promoters

  • Ramneek Sehgal
  • Ramneek Sehgal & Sons HUF
  • RS Family Trustare   

Qualitative Factors

  •  One of The Fastest Growing EPC Company with An Experience in Executing Specialised Structures.
  •  Healthy Order book Giving Long Term Revenue Visibility.
  •  Demonstrated Project Development, Execution and Operational Capabilities.
  •  Efficient business Model.
  •  Experienced Management Team.

Ceigall India IPO Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Ceigall India 5.00 10.65 [.] 28.20% 75.48 20,681.68
Peer Group
PNC Infratech Limited 2.00 25.67 17.41 15.37% 167.03 79,560.83
G.R Infraprojects Limited 5.00 150.62 8.23 23.21% 647.97 94,815.15
H.G. Infra Engineering Limited 10.00 75.68 11.88 25.62% 294.90 46,220.08
KNR Constructions Limited 2.00 16.29 16.40 16.48% 98.82 40,623.60
ITD Cementation Limited 1.00 7.23 47.59 10.04% 72.04 50,909.11
J Kumar Infraprojects Limited 5.00 36.26 19.08 11.79% 309.22 42,031.43

Comparison of accounting ratios with listed industry peers

  • Ceigall India
  • PNC Infratech Limited.
  • G.R Infraprojects Limited.
  • H.G. Infra Engineering Limited.
  • KNR Constructions Limited.
  • ITD Cementation Limited.
  • J Kumar Infraprojects Limited.

Also Read: Akums Drugs and Pharmaceuticals IPO

CEIGALL INDIA Company Contact Details

A-898, Tagore Nagar
Ludhiana 141 001
Punjab, India
Contact Person: Sanchit Arora
Tel: +91 161 4623666
Email: secretarial@ceigall.com
Website: www.ceigall.com

CEIGALL INDIA IPO Registrar

Link Intime India Private Limited
C-101, 1stFloor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai 400 083, Maharashtra,India
Tel: +91228108114949
E-mail: ceigall.ipo@linkintime.co.in
Investor grievance e-mail:ceigall.ipo@linkintime.co.in
Contact person: Shanti Gopalkrishnan
Website: www.linkintime.co.in

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