Ceigall India IPO Allotment Status

Ceigall India IPO: Strong Subscription, Allotment, and Listing Details

The Ceigall India IPO concluded on 5th August 2024 with an overall subscription rate of 14.01 times. The company's shares will be listed on the NSE and BSE mainboard on 8th August 2024. By the end of the subscription period, the IPO had received bids for 30,67,00,696 shares, surpassing the 21,887,120 shares on offer.

The Ceigall India IPO garnered interest across various investor categories. Qualified Institutional Buyers (QIB) led with a subscription rate of 31.26 times, followed by Non-institutional investors (NII) at 14.83 times. Retail investors subscribed 3.82 times the shares allocated to their category. The employee portion was oversubscribed by 11.84 times.

Investors who have applied for the Ceigall India IPO can check their allotment status through the official website of the registrar, Link Intime India Private Ltd, or through the NSE and BSE websites.

How to check Ceigall India IPO Allotment Status on Link Intime India

Here's a step-by-step guide to checking the allotment status:

Step 1 - Visit the Link Intime India Private Ltd website: https://linkintime.co.in/MIPO/Ipoallotment.html

Step 2 - Select "Ceigall India Limited" from the company dropdown menu.

Step 3 - Enter your PAN number, application number, or DP Client ID.

Step 4 - Click on the "Search" button to view your allotment status.

Step 5 - Download or print the allotment status for your records.

Checking Ceigall India IPO allotment status on the NSE website

Step 1 - Go to the official NSE website: https://www.nseindia.com/

Step 2 - Navigate to the "Equities" section and select "IPO" from the dropdown menu

Step 3 - Click on the "Check Application Status" option

Step 4 - Choose "Ceigall India" from the Issue Name dropdown

Step 5 - Enter your PAN number and application number

Step 6 - Complete the captcha verification

Step 7 - Click on "Search" to view your allotment status

Step 8 - Download or print the allotment status for your records

Ceigall India IPO Timeline 

IPO Open Date: Thursday, 1st August 2024 

IPO Close Date: Monday, 5th August 2024 

Basis of Allotment: Tuesday, 6th August 2024 

Initiation of Refunds: Wednesday, 7th August 2024 

Credit of Shares to Demat: Wednesday, 7th August 2024 

Listing Date: Thursday, 8th August 2024

Investors who received company shares will have their demat accounts credited on 7th August 2024. The refund procedure will begin on Wednesday as soon as the allotment is finalised.

Ceigall India IPO Subscription Status

Subscription Day 3 (Final) 
Total Subscription: 14.01 times 
Institutional Investors (QIBs): 31.26 times 
Non-Institutional Investors (HNIs): 14.83 times 
Retail Investors: 3.82 times 
Employees: 11.84 times

Subscription Day 2 
Total Subscription: 1.26 times 
Institutional Investors (QIBs): 0.01 times 
Non-Institutional Investors (HNIs): 1.81 times 
Retail Investors: 1.72 times 
Employees: 5.95 times

Subscription Day 1 
Total Subscription: 0.63 times 
Institutional Investors (QIBs): 0.00 times 
Non-Institutional Investors (HNIs): 0.93 times 
Retail Investors: 0.85 times 
Employees: 3.27 times

About Ceigall India IPO

The Ceigall India IPO is a book-built issue with a total size of ₹1,252.66 crores. The IPO was open for subscription from 1st August 2024 and closed on 5th August 2024. The allotment is anticipated to be finalised on 6th August 2024, with the listing scheduled on the NSE and BSE mainboard on 8th August 2024. The price band for the IPO is set between ₹380 and ₹401 per share, with a minimum lot size of 37 shares, requiring a minimum investment of ₹14,837 for retail investors.

The IPO's registrar is Link Intime India Private Ltd. The proceeds will primarily be used for the purchase of equipment and the repayment/prepayment of certain borrowings taken out by the Company and its Subsidiary, Ceigall Infra Projects Private Limited.

Established in July 2002, Ceigall India Limited is a leading infrastructure construction company in India. It specialises in complex structural work, such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways.