Ceigall India Ltd
Price Range
₹380 - ₹401
Min. Quantity
37
Closes on
5 August 2024
Min. investment
₹14,837/481 Shares
Ceigall India Ltd IPO Timeline
Ceigall India Ltd was originally incorporated as 'Ceigall Builders Private Limited' at Ludhiana, Punjab, pursuant to a Certificate of Incorporation dated July 8, 2002, by the Registrar of Companies, at Chandigarh. Upon the conversion of Company into a Public Limited, the name of Company 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.
| 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 |
|---|---|---|---|
| 03-2024 | 1,968.47 | 2,991.8 | 276.93 |
| 03-2023 | 1,611.6 | 2,085.7 | 185.31 |
| 03-2022 | 785.36 | 1,143.36 | 127.04 |
| 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
| Listing Date | 8 August 2024 |
| BSE Script | 544223 |
| NSE Symbol | CEIGALL |
| Listing In | BSE, NSE |
| ISIN | INE0AG901020 |
| IPO Price | ₹401 |
| Face Value | ₹5 |
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
FAQ
What is the issue size of Ceigall India Ltd IPO?
I have pre-applied for Ceigall India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.