Contents
- 1 Ceigall India IPO Details
- 2 Ceigall India IPO Date
- 3 Lot Size
- 4 Promoter Holding
- 5 Ceigall India IPO GMP (Grey Market Premium)
- 6 Ceigall India IPO Subscription Status
- 7 Ceigall India IPO Allotment Status
- 8 Know About Company
- 9 Ceigall India Limited Financial Information
- 10 KIP of Ceigall India Limited
- 11 Ceigall India Limited IPO Valuation – FY2024
- 12 Peer Group
- 13 Ceigall India Limited IPO Registrar
- 14 Ceigall India Limited IPO Lead Manager
- 15 Ceigall India Limited Contact
- 16 Ceigall India Limited IPO Application Form PDF
- 17 FAQs – Ceigall India Limited IPO
Ceigall India IPO is a book-built issue that includes a fresh issue of Rs 617.69 crore and an offer for sale of 1.42 crore shares.
The Ceigall India IPO opens for subscription on August 1, 2024, and closes on August 5, 2024. The allotment for the IPO is expected to be finalized on August 6, 2024, with the listing on BSE and NSE tentatively scheduled for August 8, 2024.
The price bands for the Ceigall India IPO have not yet been announced. ICICI Securities Limited, IIFL Securities Ltd, and JM Financial Limited are the book-running lead managers, while Link Intime India Private Ltd is the registrar for the issue.
Source – Ceigall India IPO RHP
Ceigall India IPO Details
| Open Date | August 1, 2024 |
| Close Date | August 5, 2024 |
| IPO Size | A total of Rs 617.69 |
| Fresh Issue | 17,063,640 Equity Shares |
| Face Value | ₹5 per share |
| IPO Price Band | ₹380 to ₹401 per share |
| IPO Listing on | BSE SME |
| Lot Size | [.] Shares |
| OFS | 14,174,840 Shares |
| Share Offered to Retail | 35% |
| Share Offered to QIB | 50% |
| Share Offered to HNI | 15% |
Ceigall India IPO Date
- IPO Open Date: August 1, 2024
- IPO Close Date: August 5, 2024
- Allotment: August 6, 2024
- Refunds: August 7, 2024
- Shares Credit to Demat: August 7, 2024
- Listing Date: August 8, 2024
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | – | – |
| Retail (Max) | 1 | – | – |
| HNI (Min) | 2 | – | – |
Promoter Holding
The promoters of the company are Ramneek Sehgal, Ramneek Sehgal and Sons HUF, and RS Family Trust. Before the IPO, their combined shareholding is 99.99%.
Ceigall India IPO GMP (Grey Market Premium)
If you want to know Dhariwalcorp IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Ceigall India IPO Subscription Status
Ceigall India IPO subscription starts on August 1, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Ceigall India IPO Allotment Status
To check the Dhariwalcorp IPO allotment status go to the IPO registrar website ”Link Intime India Private Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Ceigall India Limited Overview
Company Background
Ceigall India Limited, founded in 2002, is an infrastructure construction company specializing in complex structural projects. Their expertise includes building elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways.
Completed Projects
As of July 2024, Ceigall India Limited has completed a variety of projects. Here’s a breakdown:
| Project Type | Count |
|---|---|
| EPC Projects | 16 |
| HAM Projects | 1 |
| O&M Projects | 5 |
| Item Rate Projects | 12 |
| Total Projects | Over 34 |
Ongoing Projects
The company is currently engaged in several projects, detailed below:
| Project Type | Count |
|---|---|
| EPC Projects | 13 |
| HAM Projects | 5 |
| Total Ongoing Projects | 18 |
Project Metrics
Ceigall India Limited manages a significant number of lane kilometres:
| Metric | Value |
|---|---|
| Ongoing Projects Lane Kilometers | 1,488.17 km |
| Completed O&M Projects Lane Kilometers | 2,158.72 km |
Geographic Presence
Ceigall India Limited operates across a diverse range of states in India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Delhi, Maharashtra, and Bihar.
Awards
Ceigall India Limited has been recognized for its excellence:
| Award | Year |
|---|---|
| Gold Award for Khemkaran-Amritsar Project | 2020 |
| Special Award for Ramdas Gurdaspur and Kartarpur Sahib Projects | 2021 |
Order Book
The company’s order book details are as follows:
| Period | Amount (₹ million) |
|---|---|
| As of June 30, 2024 | 94,708.42 |
| Fiscal Year 2024 | 92,257.78 |
| Fiscal Year 2023 | 108,090.43 |
| Fiscal Year 2022 | 63,461.30 |
Recent Key Projects
The company has recently completed significant projects:
- Road Widening in Punjab: Completed.
- Kartarpur-Sahib Project: Construction completed.
- Elevated Corridor for Delhi-Saharanpur Project: Finished.
This overview highlights Ceigall India Limited’s capabilities, ongoing activities, and achievements in the infrastructure sector.
Ceigall India Limited Financial Information
The financial information for Ceigall India Limited-
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹2,592.19 Crore | ₹1,827.82 Crore | ₹959.14 Crore |
| Revenue | ₹3,066.19 Crore | ₹2,087.04 Crore | ₹1,146.50 Crore |
| Profit After Tax (PAT) | ₹304.91 Crore | ₹167.70 Crore | ₹126.43 Crore |
| Net Worth | ₹906.41 Crore | ₹593.06 Crore | ₹431.25 Crore |
| Total Borrowing | ₹1,811.02 Crore | ₹1,252.58 Crore | ₹652.12 Crore |
KIP of Ceigall India Limited
Key Performance Indicators (KPIs) for Ceigall India Limited, ₹ crore:
| Metric | Fiscal 2024 | Fiscal 2023 |
|---|---|---|
| EBITDA | ₹517.66 Crore | ₹295.63 Crore |
| EBITDA Margin (%) | 17.09% | 14.29% |
| Profit After Tax (PAT) | ₹3,043.07 Crore | ₹1,672.72 Crore |
| PAT Margin (%) | 10.05% | 8.09% |
| Cash Profit Margin (%) | 11.72% | 9.82% |
| Net Worth (Total Equity) | ₹906.41 Crore | ₹593.06 Crore |
| Net Debt | ₹693.06 Crore | ₹339.39 Crore |
| RoE (%) | 33.57% | 28.20% |
| RoCE (%) | 31.98% | 28.67% |
Ceigall India Limited IPO Valuation – FY2024
| 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
Ceigall India Limited IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai 400 083, Maharashtra, India
Tel: +91 810 811 4949
E-mail: ceigall.ipo@linkintime.co.in
Investor grievance e-mail:
ceigall.ipo@linkintime.co.in
Contact person: Shanti Gopalakrishnan
Website: www.linkintime.co.in
Ceigall India Limited IPO Lead Manager
- ICICI Securities Limited
- IIFL Securities Limited
- JM Financial Limited
Ceigall India Limited Contact
Ceigall India Limited
A-898,
Tagore Nagar
Ludhiana – 141 001
Phone: +91 161 4623666
Email: secretarial@ceigall.com
Website: https://www.ceigall.com/
Ceigall India Limited IPO Application Form PDF
To download the Ceigall India Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs – Ceigall India Limited IPO
What is the Ceigall India Limited IPO?
The Ceigall India Limited IPO is a book-built issue comprising a fresh issue of ₹617.69 crore and an offer for sale of 1.42 crore shares. It will be listed on BSE and NSE.
When does the Ceigall India Limited IPO open and close for subscription?
The IPO opens for subscription on August 1, 2024, and closes on August 5, 2024.
The promoters, Ramneek Sehgal, Ramneek Sehgal and Sons HUF, and RS Family Trust, hold 99.99% of the shares before the IPO.
