Ceigall India Limited

Company Profile
Company Name Ceigall India Limited
Open Date 01-08-2024
Close Date 05-08-2024
Exchange BSE, NSE
Lot Size 37 Shares
Issue Price ₹380 to ₹401 per share
Issue Size 3,12,38,480 shares
Application Amount ₹ 14,837 – ₹ 1,92,881 (37 to 481 shares)
Recommendation Apply

Ceigall India Limited was originally incorporated as “Ceigall Builders Private Limited” on July 08, 2002. The registered office is located at Ludhiana, Punjab. The Company is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways and runways. The Company has completed over 34 projects, including 16 EPC, one HAM, five O&M and 12 Item Rate Projects, in the roads and highways sector. The company had 2,256 permanent employees as of March 31, 2024.

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 1,133.79 2,068.17 3,029.35
EBITDA 185.92 295.63 517.66
Net Profit 125.86 167.27 304.31
RoCE 27.73% 26.72% 29.62%
ROE 29.18% 28.20% 33.57%
P/E 50.06 37.65 20.70

Tentative Timeline

Opening Date 01/08/2024
Closing Date 05-08-2024
Basis of Allotment 06-08-2024
Initiation of Refunds 07-08-2024
Credit of Shares to Demat 07-08-2024
Listing Date 08-08-2024

Objects of the Issue

Purchase of equipment
Repayment/ prepayment, in full or in part of certain borrowings availed by the company and its subsidiary (Ceigall Infra Projects Private Limited)
General Corporate Expenses

Contact Information

Registered Office Ceigall India Limited A-898, Tagore Nagar Ludhiana - 141 001
Phone +91 161 4623666
Email secretarial@ceigall.com
Website https://www.ceigall.com/

Registrar Details

Name 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

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not more than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.99%
Share Holding Post Issue (Promoters) 82.06%

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