247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Ceigall India Limited IPO (Ceigall India IPO) Details

Ceigall India Limited is an Infrastructure based company, located in Ludhiana, Ceigall India Limited IPO size was 1252.66 Cr. and was issued at 401.00 per share. The share of Ceigall India Limited were listed at 386.05 per share and are currently trading at 328.80 per share.

Type :
Sub Sector : Infrastructure Construction Company With Expertise In Specialized Structural Projects
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
3066.19 Cr.

PAT :
304.91 Cr.

Pricing Report

Issue Price :
401.00

Listing Price :
386.05

Current Market Price :
328.80

Issue Price vs CMP :
72.2 (18.00%)

listing Price vs CMP :
57.25 (14.83%)

Performance Report (CAGR* wise)

CAGR : -35.37
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Ceigall India

Company Information
Ceigall India Limited is an infrastructure construction firm with extensive experience in undertaking specialized structural work, including elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. It is recognized as one of the fastest-growing engineering, procurement, and construction (EPC) companies, with the highest three-year revenue CAGR as of Fiscal 2023 among companies with a turnover of over '10,000 million. The company achieved an impressive year-on-year revenue growth of 82.67% in Fiscal 2023 and grew at a CAGR of 37.65% from Fiscal 2020 to 2023. Over the last two decades, it has evolved from a small construction company into an established EPC player, demonstrating expertise in designing and constructing various road and highway projects, including specialized structures across 10 states in India.
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Object of Issue
  • Purchase of equipment
  • Repayment/ prepayment, in full or in part, of certain borrowings

Ceigall India MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2024
IPO Size :
1252.66 Cr.
Market Cap :
6985.41 Cr.   
IPO Subscription :
14.01 X     
PE Multiple :
22.91
Merchant Banker :
ICICI Securities Limited
IPO Registrar:
Link Intime India Private Limited

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Peer Companies Of This Sector

FAQs

Ceigall India operates in Infrastructure and Infrastructure Construction Company With Expertise In Specialized Structural Projects. The Issue is listed on MainBoard in Aug, 2024. Ceigall India IPO size was 1252.66 Cr. with Issue price of 401.00 .

Merchant Banker(s) of Ceigall India IPO: ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited

Ceigall India IPO subscription was 14.01 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Ceigall India IPO listed at a listing price of 386.05 against the offer price of 401.00.

The current market price of Ceigall India is 328.80.

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