Ceigall India Limited, established in 2002, is a prominent infrastructure construction company specializing in a variety of structural projects. These include elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways. The company has successfully transitioned from a small construction entity to a leading engineering, procurement, and construction (EPC) firm in India.
Key Financials and Performance:
- Revenue: ₹3,066.19 crore in FY 2024, up from ₹2,087.04 crore in FY 2023.
- Profit After Tax (PAT): ₹304.91 crore in FY 2024, up from ₹167.70 crore in FY 2023.
- Order Book: ₹9,470.84 crore as of June 30, 2024.
- Projects: Over 34 completed projects and 18 ongoing projects across various states in India.
Business Operations: Ceigall India’s operations are primarily divided into EPC projects and hybrid annuity model (HAM) projects. Their scope of services includes design, engineering, procurement of materials, project execution, and overall project management. The company also handles operation and maintenance (O&M) projects, ensuring comprehensive service from construction to ongoing maintenance.
Growth and Market Position: Ceigall India is recognized as one of the fastest-growing EPC companies based on a three-year revenue CAGR among companies with a turnover exceeding ₹10,000 million. The company has demonstrated robust growth, driven by significant projects awarded by entities like the National Highways Authority of India (NHAI), IRCON, and the Military Engineer Services (MES).
Ceigall India Limited IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 01 Aug 2024 |
| IPO Close Date | 05 Aug 2024 |
| Allotment Date | 06 Aug 2024 |
| IPO Listing Date | 08 Aug 2024 |
Ceigall India Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 5 Per Equity Share |
| IPO Price | Rs. 380 to Rs. 401 Per Equity Share |
| Market Lot | 37 Share |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 1253 Crore. |
Ceigall India Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 37 | Rs. 14837 |
| Maximum | 13 | 481 | Rs. 192881 |
| Small HNI (Minimum) | 14 | 518 | Rs. 207718 |
| Big HNI (Minimum) | 68 | 2516 | Rs. 1008916 |
Ceigall India Limited IPO Allotment Status
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Click Here To Get ASBA Forms Ceigall India Limited IPO
Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 2592.19 | 1827.82 | 959.14 |
| Total Revenue | 3066.16 | 2087.04 | 1146.50 |
| Profit After Tax | 304.91 | 167.70 | 126.43 |
Company Promoters:
The promoters of the Company, are Ramneek Sehgal, Ramneek Sehgal and Sons HUF and RS Family Trust.
Objects of this Issue:
- Purchase of equipment.
- Repayment/ prepayment, in full or in part.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Ceigall India Limited A-898, Tagore Nagar Ludhiana – 141 001 Phone: +91 161 4623666 Email: secretarial@ceigall.com Website: https://www.ceigall.com/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: ceigall.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
