Ceigall India IPO Date, Review, Price, Allotment Details

Ceigall India IPO Details: Ceigall India IPO date is fixed, the IPO is to hit the market on August 1, 2024 and will close on August 5, 2024. Ceigall India IPO to raise around ₹1252.66 crores via IPO that comprises fresh issue of ₹684.25 crores and offer for sale up to 1,41,74,840 equity shares of ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Ceigall-India-IPO

Table of Contents


Ceigall India was incorporated in July 2002, and it is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway bridges, tunnels, highways, expressways, and runways It has a reputation for delivering quality projects. They are one of the fastest growing engineering, procurement, and construction (“EPC”) company in terms of three-year revenue CAGR as of Fiscal 2023, among the companies with a turnover of over ₹ 10,000 million in Fiscal 2023.


The company has completed over 34 projects, including 16 EPC and one HAM project, in the roads and highways sector. Currently, the Company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways. In addition to undertaking operation and maintenance (“O&M”) activities by their contractual obligations under the EPC/HAM concession agreements, they have also undertaken independent O&M projects. Further, they have also undertaken sub-contracting projects in the past.


Objects of the Issue

  • Purchase of equipment
  • Repayment/ prepayment, in full or in part, of certain borrowings availed by our Company and our Subsidiary, CIPPL
  • General corporate purposes

Ceigall India IPO Review (Apply or Not)

  • May Apply

Brokerage Firm IPO Review

  • Dilip Davda: May apply
  • Reliance Securities: Apply
  • SBICAP Securities Limited: May apply
  • Swastika Investmart Ltd: May apply

Ceigall India IPO Date & Price Band Details

IPO Open:August 1, 2024
IPO Close:August 5,2024
IPO Size:Approx ₹1252.66 Crores, 31,238,480 shares
Fresh Issue:Approx ₹684.25 Crores, 17,063,640 shares
Offer for Sale:Approx ₹568.41 Crores, 14,174,840 shares
Face Value:₹5 Per Equity Share
IPO Price Band:₹380 to ₹401 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Ceigall India IPO Market Lot

The Ceigall India IPO minimum market lot is 37 shares with ₹14,837 application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum137₹14,837
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Ceigall India IPO Allotment & Listing Dates

The Ceigall India IPO date is August 1 and the close date is August 5. The Ceigall India IPO allotment will be finalized on August 6 and the IPO listing on August 8 .

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

You can check IPO subscription status and IPO allotment status on their respective pages.

Ceigall India IPO Form

How to apply for the Ceigall India IPO? You can apply for Ceigall India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ceigall India IPO in the Invest section. The other option is you can apply for Ceigall India IPO via IPO forms downloaded via NSE and BSE. Check out the Ceigall India forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Ceigall India Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2022₹1146.50₹977.03₹125.86
2023₹2087.04₹1861.85₹167.27
2024₹3066.19₹2660.83₹304.31

Ceigall India IPO Valuation – FY2024

Check Ceigall India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

Company Promoters

  • Ramneek Sehgal
  • Ramneek Sehgal
  • Sons HUF and RS Family Trust

Ceigall India IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Ceigall India IPO Allotment Status Check

Check Ceigall India IPO allotment status on Linkintime website allotment URL. Click Here

Ceigall India IPO Lead Managers aka Merchant Bankers

  • ICICI Securities Limited
  • IIFL Securities Limited
  • JM Financial Limited

Company Address

Ceigall India Limited
A-898, Tagore Nagar,
Ludhiana 141 001, Punjab, India
Phone: +91 161 4623666
Email: [email protected]
Website: www.ceigall.com

Ceigall India IPO FAQs

What is Ceigall India IPO?

Ceigall India IPO is a main-board IPO. They are going to raise ₹1252.66 Crores via IPO. The issue is priced at ₹380 to ₹401 pr equity share. The IPO is to be listed on BSE & NSE.

When Ceigall India IPO will open?

The IPO is to open on August 1 for QIB, NII, and Retail Investors.

What is Ceigall India IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Ceigall India IPO?

You can apply for Ceigall India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Ceigall India IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ceigall India”. Click on 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 Demat Account with Zerodha.

How to Apply the 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 Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Ceigall India IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Ceigall India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Ceigall India IPO Size?

Ceigall India IPO size is ₹1252.66 crores.

What is Ceigall India IPO Price Band?

Ceigall India IPO Price Band is ₹380 to ₹401.

What is Ceigall India IPO Minimum and Maximum Lot Size?

The minimum bid is 37Shares with ₹14,837 amount while the maximum bid is [.] shares with ₹[.].

What is the Ceigall India IPO Allotment Date?

Ceigall India IPO allotment date is August 6, 2024.

What is the Ceigall India IPO Listing Date?

Ceigall India IPO listing date is August 8, 2024. The IPO is to list on BSE and NSE.

Note: The Ceigall India IPO price band and date are officially announced yet. The IPO grey market premium (Ceigall India IPO Premium) will be added to the IPO grey market page as it will start).

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