The Ceigall India IPO subscription status started on August 01, 2024, and QIB, NII, and RII are also subscribing to it. The Ceigall India IPO opens on August 01, 2024, and closes on August 05, 2024. Ceigall India IPO has raised ₹1252.66 crores through its fresh issue and offer for sale, in which the fresh issue is ₹684.25 crores and the offer for sale is ₹568.41crores, and the Ceigall India IPO price band is fixed at ₹380 to ₹401 per share. You can check Ceigall India IPO GMP here.
Ceigall India Limited is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. The company is one of the fastest-growing engineering, procurement, and construction (“EPC”) companies in terms of three-year revenue CAGR as of Fiscal 2024.
Ceigall India IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Ceigall India IPO Subscription Status, you can see the below-day Subscription.
Ceigall India IPO Review :
👉 Ceigall India IPO Show Review ….👈
- ■ The company EPC contractor and has posted fastest growth in its performance.
- ■ The company become a preferred partner for NHAI projects and has recently joined hands with Delhi Metro for rail infra developments.
- ■ The company top line & bottom line posted strong growth.
- ■ The company order book worth 9470+ cr. on hand, as of March 31, 2024.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is slightly aggressive based on the FY24 earnings but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Ceigall India IPO Subscription Status {Live Update} :
The total Ceigall India IPO Subscription Status subscribed 13.78x times so far, with QIB subscribed 31.50x NII subscribed 14.42x times & RII 3.77x times, and EMP 11.55x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.00x | 0.01x | 31.50x |
| NII : | 0.93x | 1.75x | 14.42x |
| bNII (above ₹10L): | 0.90x | 1.70x | 15.80x |
| sNII (below ₹10L): | 0.92x | 1.86x | 11.64x |
| RII : | 0.85x | 1.65x | 3.77x |
| EMP : | 3.27x | 5.47x | 11.55x |
| Total : | 0.63x | 1.23x | 13.78x |
Ceigall India IPO Net Shares Offered:
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 9,356,581 | 375.20 |
| QIB : | 6,237,721 | 250.13 |
| NII : | 4,678,291 | 187.60 |
| bNII (bids above ₹10L) : | 3,118,861 | 125.07 |
| sNII (bids below ₹10L) : | 1,559,430 | 62.53 |
| RII : | 10,916,012 | 437.73 |
| EMP : | 55,096 | 2.21 |
| Total : | 31,243,701 | 1252.87 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Ceigall India IPO Subscription Status FAQs :
How much is the total Ceigall India IPO Subscription Status?
The total Ceigall India IPO Subscription Status is 11.78x times Day 3.
What is the Ceigall India IPO retail subscription Status?
Ceigall India IPO Retail Subscription 3.77x times Day 3.
What is the Ceigall India IPO QIB subscription Status?
The Ceigall India IPO QIB subscription is 31.50x times Day 3.
What is the Ceigall India IPO NII subscription status?
Ceigall India IPO NII Subscription 14.42x times Day 3.
When is the Ceigall India IPO Allotment Date?
Ceigall India IPO allotment date is August 06, 2024.
When is the Ceigall India IPO Listing Date?
Ceigall India’s IPO listing date is August 08, 2024. The IPO is to be listed on BSE and NSE.
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