IPO Details

About Company

Founded in 2002, Ceigall India Limited is an infrastructure construction company specializing in complex structural projects such as elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways. By July 2024, the company had completed over 34 road and highway projects, including 16 EPC projects, one HAM project, five O&M projects, and 12 Item Rate Projects. The company is currently working on 18 projects, comprising 13 EPC projects and five HAM projects. These projects include elevated corridors, bridges, flyovers, rail over-bridges, tunnels, expressways, runways, metro projects, and multi-lane highways. As of March 31, 2024, Ceigall India Limited had 1,488.17 lane kilometers of ongoing projects and had completed 2,158.72 lane kilometers of O&M projects. The company specializes in constructing, developing, and executing major multi-lane highway projects with specialized structures across various Indian states, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Delhi, Maharashtra, and Bihar. Ceigall India Limited won the "Gold Award" at the National Highways Excellence Award 2020 for the Khemkaran-Amritsar Project and received the "Special Award" at the National Highways Excellence Awards 2021 for the Ramdas Gurdaspur Project, including the Kartarpur Sahib Project. The company's order book values for June 30, 2024, and the fiscal years 2024, 2023, and 2022 were ₹94,708.42 million, ₹92,257.78 million, ₹108,090.43 million, and ₹63,461.30 million, respectively. Recently completed key projects include road widening in Punjab, the Kartarpur-Sahib Project, and an elevated corridor for the Delhi-Saharanpur Project. As of March 31, 2024, the company employed 2,256 permanent employees.