Ceigall India IPO
Roads/Highway EPC - Listed on 08 August 2024
Ceigall India IPO listing summary
Ceigall India (Roads/Highway EPC) closed its IPO window in 2024 and listed on NSE and BSE on 08 August 2024 at an upper band issue price of Rs 401, opening at Rs 419 for a listing gain of +4.5% and closing day one at Rs 386.75 (-3.6% on closing basis). The IPO was subscribed 13.74x overall - QIB 31.50x, HNI/NII 14.39x, Retail 3.70x. The total issue size was Rs 1,252.66 Cr (Fresh Issue Rs 684.25 Cr, OFS Rs 568.41 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Ceigall India IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 82 | +5.24% |
| Day 2 | Rs 85 | +6.23% |
| Day 3 | Rs 85 | +13.72% |
| Day 4 | Rs 80 | +17.46% |
| Day 5 | Rs 55 | +19.95% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Ceigall India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Ceigall India IPO - FAQs
What was the listing gain of Ceigall India IPO?
Ceigall India IPO listed at +4.5% versus the upper issue price of Rs 401 on 08 August 2024.
How many times was Ceigall India IPO subscribed?
Ceigall India IPO was subscribed 13.74x overall. QIB portion was subscribed 31.50x, HNI / NII 14.39x and Retail 3.70x.
What was the IPO GMP for Ceigall India?
IPO GMP started at Rs 82 on Day 1 and moved to Rs 55 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.