Ceigall India IPO GMP, Grey Market Premium, Stock Target 2024, 25, 26

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Hello friends, today I am discussing the Ceigall India IPO gray market premium. Let’s talk about today’s opening price and stay tuned for the latest IPO GMP number of the Ceigall India IPO. The Ceigall India IPO opened on Aug 30, and the company raised ₹1252.66crores through the IPO.

Ceigall India was incorporated in July 2002. It is a construction infrastructure company with experience in undertaking structural work such as elevated roads, flyovers, bridges, railway bridges, tunnels, highways, expressways, and runways. The company is one of the fastest-growing engineering, procurement, and construction (EPC) firms.

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Ceigall India IPO Date & Price Band Details

IPO Open:August 1, 2024
IPO Close:August 5,2024
IPO Size:Approx ₹1252.66 Crores, 31,238,480 shares
Fresh Issue:Approx ₹684.25 Crores, 17,063,640 shares
Offer for Sale:Approx ₹568.41 Crores, 14,174,840 shares
Face Value:₹5 Per Equity Share
IPO Price Band:₹380 to ₹401 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Ceigall India IPO Market Lot

The minimum lot size for the Ceigall India IPO is 37 shares, with a total amount of ₹14,837. Retail investors can apply for up to 13 lots.

ApplicationLot SizeSharesAmount
Retail Minimum137₹14,837
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Ceigall India IPO Allotment & Listing Dates

IPO Open Date:August 1, 2024
IPO Close Date:August 5, 2024
Basis of Allotment:August 6, 2024
Refunds:August 7, 2024
Credit to Demat Account:August 7, 2024
IPO Listing Date:August 8, 2024

Ceigall India Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2022₹1146.50₹977.03₹125.86
2023₹2087.04₹1861.85₹167.27
2024₹3066.19₹2660.83₹304.31

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