
Infrastructure / Construction · NSE / BSE
Ceigall India Limited, founded in 2002, is a leading infrastructure construction company specializing in roads, highways, bridges, tunnels, and runways. By July 2024, it had completed over 34 projects and was actively working on 18 more across multiple states in India. The company has delivered significant projects, including expressways, metro corridors, and multi-lane highways, earning prestigious awards like the "Gold Award" at the National Highways Excellence Awards. With an order book of ₹94,708.42 million and a workforce of 2,256 employees, Ceigall India continues to drive large-scale infrastructure development nationwide.
Price Band
₹380 – ₹401
Issue Size
₹1253 Cr
Lot Size
37 shares
GMP
+4.4%
Est. Listing
₹418.5
at current GMP
Subscribed
14.05x
overall
Open
1 Aug 2024
Close
5 Aug 2024
Allotment
6 Aug 2024
Refund
7 Aug 2024
Demat Credit
8 Aug 2024
Listing
8 Aug 2024
Overall Subscription
14.05x
Total Demand
QIB Multiplier
31.26x
Institutions & Funds
NII / HNI
14.85x
High Net-Worth
Retail (RII)
3.88x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,237,721 | 194,982,267 | 31.26x |
| NIB | 4,678,291 | 69,471,200 | 14.85x |
| HNIs(10L +) | 3,118,861 | 50,776,728 | 16.28x |
| HNIs (2-10L) | 1,559,430 | 18,694,472 | 11.99x |
| RETAIL | 10,916,012 | 42,345,871 | 3.88x |
| EMPLOYEES | 55,096 | 675,657 | 12.26x |
| Total | 26,565,411 | 376,946,195 | 14.05x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 6,021 | 19,069 | 3.17x |
| HNIs (2-10L) | 3,010 | 34,944 | 11.61x |
| RETAIL | 295,027 | 931,966 | 3.16x |
| Total Applications | 304,058 | 985,979 | 3.24x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Ceigall India Limited is bringing an initial public offering (IPO) in the Infrastructure / Construction sector with an aggregate issue size of ₹1,252.66 Crores. The shares are offered at a price band of ₹380 to ₹401 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 37 shares (approx. ₹14,837 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-08, while un-allotted funds or UPI block mandates will be released on 2024-08-07.
The latest Grey Market Premium (GMP) for Ceigall India Limited IPO is ₹17.5 per equity share. Based on the upper price band of ₹380 to ₹401 per equity share, the estimated listing price is ₹418.5 (+4.4% expected listing gain).
With a lot size of 37 shares and current GMP of ₹17.5, the expected profit per application lot is approx ₹647.5 (+4.4% gain). Minimum application cost is approx ₹14,837.
The Ceigall India Limited IPO aggregate issue size is ₹1,252.66 Crores with an equity price band set at ₹380 to ₹401 per equity share. The retail lot size is 37 shares requiring a minimum capital outlay of approx. ₹14,837.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 14.05x (Retail: 3.88x, QIB: 31.26x, NII: 14.85x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-08-06. Investors can verify status using PAN card or application number.
Ceigall India Limited shares are scheduled to list on NSE and BSE on 2024-08-08.