Ceigall India Limited Soars on Listing Day on NSE & BSE

Ceigall India Limited is an infrastructure construction company with expertise in specialised structural projects, including elevated roads, flyovers, bridges, railway overpasses, tunnels, highways. expressways, and runways.

Ceigall India Limited IPO Opens Today!
• Bidding period: 01 Aug - 05 Aug
• Price range: Rs. 380-401/ Share
• IPO Size: Rs. 1,252.66 Crores
• Listing: NSE, BSE 08 Aug (tentative)

• Lists at Rs 413 on BSE vs issue price of Rs 401

• Lists at a premium of 2.99% on BSE

• Lists at Rs 419 on NSE vs issue price of Rs 401

• Lists at a premium of 4.49% on NSE

ABOUT THE COMPANY

Founded in 2002, Ceigall India Limited is an infrastructure construction company with expertise in specialized structural projects, including elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways.
By July 2024, the company completed over 34 road and highway projects. These projects include project 16 EPC, one HAM project, five O&M projects, and 12 Item Rate Projects.
The company has 18 ongoing projects, including 13 EPC projects and five HAM projects.
These involve elevated corridors, bridges, flyovers, rail over-bridges, tunnels, expressways, runways, metro projects, and multi-lane highways.
As of March 31, 2024, the company has 1,488.17 lane kilometers of ongoing projects and has completed 2,158.72 lane kilometers of O&M projects.
The company specializes in the construction, development, and execution of major multi-lane highway projects with specialized structures in various states of India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and ΙΝΓΙΑΤΡΟ.... Kashmir, Jharkhand, Delhi, Maharashtra, and Bihar.Mbctradingplatform