Ceigall India IPO Date, Details, Allotment

WhatsApp Group Join Now

Telegram Group Join Now

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 Date, Details, Allotment

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.

What is the current shareholding pattern of the promoters?

The promoters, Ramneek Sehgal, Ramneek Sehgal and Sons HUF, and RS Family Trust, hold 99.99% of the shares before the IPO.

Rate this post

iPO GMP Today Desk

Rajesh, with 5 years in the stock market, holds a degree in Finance and Management from the University of Kalyani. He simplifies complex financial concepts, offering clear insights to readers, blending expertise with a passion for easy-to-understand analysis.