Ceigall India IPO: Key Details and Insights

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Ceigall India IPO opens for subscription on August 1, 2024, and closes on August 5, 2024.

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Total issue size of the IPO is ₹1,252.66 crores, combining fresh issue and offer for sale.

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Price band set at ₹380 to ₹401 per share.

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Ceigall India IPO listing date is tentatively set for August 8, 2024, on BSE and NSE.

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Key investors: QIB (50% of the net issue), Retail (35%), and NII (15%).

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Promoters of Ceigall India: Ramneek Sehgal, Ramneek Sehgal and Sons HUF, and RS Family Trust, holding 99.99% pre-issue.

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Financial highlights: Total assets ₹2,592.19 crore, net worth ₹906.41 crore as of March 31, 2024.

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Revenue in FY 2023 was ₹3,066.19 crore, a 46.92% increase from FY 2022.

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Invest in Ceigall India IPO to be part of a growing infrastructure company with a strong track record.

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Image: Freepik