Ceigall India IPO GMP Today, Ceigall India IPO Grey Market Premium Updates | Ceigall India IPO, Latest target, Opening gain
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. 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.
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.
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.
As of March 31, 2024, the company has 2,256 permanent employees
Ceigall India IPO Details:
| Issuer | Ceigall India IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 01 August 2024 | |
| Issue Closes: 05 August 2024 | ||
| Price Brand | ₹380 to ₹401 per share | |
| Issue Size | ₹1,252.66 Cr | |
| Face Value | ₹5 per share | |
| Market Lot | 37 Shares | |
| Retail (Max) | ₹192,881 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 31,238,480 shares | |
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Ceigall India IPO GMP Rates day by day
Ceigall India IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 37 | ₹14,837 |
| Retail (Max) | 13 | 481 | ₹192,881 |
| S-HNI (Min) | 14 | 518 | ₹207,718 |
| S-HNI (Max) | 67 | 2,479 | ₹994,079 |
| B-HNI (Min) | 68 | 2,516 | ₹1,008,916 |
Ceigall India IPO Date, Allotment & Listing:
| Ceigall India IPO Opening Date: | AUGUST 01, 2024 |
| Ceigall India IPO Closing Date: | AUGUST 05, 2024 |
| Basis of Allotment: | AUGUST 06, 2024 |
| Initiation of Refunds: | AUGUST 07, 2024 |
| Credit to Demat Account: | AUGUST 07, 2024 |
| Listing Date: | AUGUST 08, 2024 |
Ceigall India Limited Financial Information (Restated Consolidated)
Ceigall India Limited’s revenue increased by 46.92% and profit after tax (PAT) rose by 81.81% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,592.19 | 1,827.82 | 959.14 |
| Revenue | 3,066.19 | 2,087.04 | 1,146.50 |
| Profit After Tax | 304.91 | 167.70 | 126.43 |
| Net Worth | 906.41 | 593.06 | 431.25 |
| Total Borrowing | 1,811.02 | 1,252.58 | 652.12 |
| Amount in ₹ Crore | |||
Key Performance Indicator
The market capitalization of Ceigall India IPO is Rs 6985.41 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 33.57% |
| ROCE | 31.98% |
| Debt/Equity | 1.17 |
| RoNW | 33.57% |
| P/BV | 6.95 |
| PAT Margin (%) | 10.05 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 19.4 | 17.5 |
| P/E (x) | 20.67 | 22.91 |
Objects of the Issue (Ceigall India IPO Objectives)
The company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”):
1. Purchase of equipment;
2. Repayment/ prepayment, in full or in part, of certain borrowings availed by:
- The Company; and
- The Subsidiary, Ceigall Infra Projects Private Limited
CEIGALL INDIA IPO ALLOTMENT STATUS
How to Apply for Ceigall India IPO?
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How to Apply Ceigall India IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ceigall India”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Ceigall India IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ceigall India”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Ceigall India IPO is a main-board initial public offering of 31,238,480 Equity shares of the face value of ₹5 aggregating up to ₹1,252.66 Crores. The issue price of the IPO is ₹380 to ₹401 Per Equity Share. The minimum order quantity is 37 Shares per application and the offer type is Book Built Issue. The IPO opens on August 01, 2024 and closes on August 05, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Ceigall India IPO opens on August 01, 2024 and closes on August 05, 2024.
You can apply in Ceigall India IPO online using either UPI or ASBA as payment method. ICICI Securities Limited, Iifl Securities Ltd and Jm Financial Limited are the book running lead managers of the Ceigall India IPO, while Link Intime India Private Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Ceigall India IPO will be done on August 06, 2024, and the allotted shares will be credited to your demat account by August 07, 2024. Check the Ceigall India IPO allotment status.
The Ceigall India IPO listing date is not yet announced. The tentative date of Ceigall India IPO listing is August 08, 2024.
Ceigall India IPO lot size is 37 Shares and the minimum order quantity is 1 Shares.