Ceigall India’s IPO opens today with a price band of ₹380–401 per share. The IPO consists of a fresh issue and an offer-for-sale, with the proceeds to be used for equipment purchase and loan repayment. The company has received ₹375.20 crore from anchor investors, including both foreign and domestic institutions. Ceigall is one of the fastest-growing EPC companies in terms of revenue growth, with a diverse portfolio of infrastructure projects. As of June 30, 2024, the company’s order book stands at ₹9,470.84 crore, with a focus on NHAI projects. Overall, Ceigall India is positioned as a strong player in the Indian infrastructure sector.
Ceigall India IPO: Opens today in ₹380-401 price band
Ceigall India IPO: Opens today in ₹380-401 price band