Ceigall India Ltd IPO
Price Range
₹380 - ₹401
-
Min. Quantity
37 Shares
Closes on
5 August 2024
-
Min. investment
₹14,837
Ceigall India Ltd IPO Timeline
| Event | Date |
|---|---|
| Ceigall India Ltd IPO Opening Date | 1 August 2024 |
| Ceigall India Ltd IPO Closing Date | 5 August 2024 |
| Basis of Allotment | 6 August 2024 |
| Initiation of Refunds | 7 August 2024 |
| Credit of Shares to Demat | 7 August 2024 |
| Ceigall India Ltd IPO Listing Date | 8 August 2024 |
Ceigall India Ltd IPO Details
| Ceigall India Ltd IPO Date | 1 August 2024 to 5 August 2024 |
| Ceigall India Ltd IPO Face Value | ₹5 per share |
| Ceigall India Ltd IPO Price | ₹380 to ₹401 per share |
| Ceigall India Ltd IPO Lot Size | 37 |
| Issue Size | Shares of ₹5 (aggregating up to ₹1,252.66 Cr) |
| Fresh Issue | Shares of ₹5 (aggregating up to ₹684.25 Cr) |
| Offer for Sale | Shares of ₹5 (aggregating up to ₹568.41 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 61,90,764 of the Net Offer |
| Retail Shares Offered | Not less than 1,12,45,094 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 48,19,326 of the Net Offer |
| Company Promoters | Ramneek Sehgal, Ramneek Sehgal and Sons HUF, RS Family Trust |
Ceigall India Ltd IPO Lot Size
The Ceigall India Ltd IPO lot size is 37 shares. A retail-individual investor can apply for up to 13 lots (481 shares or ₹1,92,881).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 37 | ₹14,837 |
| Maximum | 13 | 481 | ₹1,92,881 |
- Strengths
- Risks
- Opportunities
- One of the fastest growing EPC companies with an experience in executing specialised structures.
- Healthy orderbook giving long term revenue visibility.
- Demonstrated project development, execution and operational capabilities.
- Efficient business model.
- Experienced management team.
Company Financials
Ceigall India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 3,459.95 | 3,437.96 | 270.25 |
| 03-2024 | 1,968.47 | 2,991.8 | 276.93 |
| 03-2023 | 1,611.6 | 2,085.7 | 185.31 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase of equipment
- Repaymet/prepayment in full or in part of certain borrowings availed by the company and its subsidiary CIPPL
- General corporate purposes
Ceigall India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 26% |
| Post Issue Share Holding | 21.02% |
Ceigall India Ltd IPO Subscription Status (Bidding Detail)
The Ceigall India Ltd IPO is subscribed 13.78 times on 5 August 2024 05:00:00 PM. The public issue subscribed 3.77 times in the retail category, 31.5 times in the QIB category, and 14.42 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 31.5 | 14.42 | 3.77 | 11.55 | 13.78 |
Ceigall India Ltd IPO Prospectus
Ceigall India Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0AG901020 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
A 898Tagore Nagar,Ludhiana-141001
Phone: 91-161-4623 666
Email: secretarial@ceigall.com
Website: www.ceigall.com
Ceigall India Ltd IPO Registrar
Ceigall India Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- IIFL Securities Ltd
- JM Financial Ltd
How to Check the Allotment Status of Ceigall India Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Ceigall India Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Ceigall India Ltd IPO
Ceigall India Limited was originally incorporated as 'Ceigall Builders Private Limited' in Ludhiana, Punjab, dated July 8, 2002, issued by the Registrar of Companies, Chandigarh. Upon the conversion of status into a Public Limited Company , the name got changed to 'Ceigall India Limited' and a fresh Certificate of Incorporation dated February 9, 2011 was issued by the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh.