Ceigall India IPO GMP History
Ceigall India IPO has been listed on August 8, 2024 at a listing price of ₹419, against the issue price of ₹401 — a gain of ₹18 (+4.49%). The GMP peaked at ₹120 on 28 July 2024 and reached a low of ₹70 on 2 August 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ceigall India IPO raised ₹1252.66 Cr. through its IPO at a price band of ₹380 to ₹401 per share, with a lot size of 37 shares. The IPO was open for subscription from 01 Aug 2024 to 05 Aug 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:45 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Aug 2024 | ₹ 70 | — | 17% | — | — |
| 01 Aug 2024 | ₹ 70 | ▼ | 17% | — | — |
| 31 Jul 2024 | ₹ 85 | ▲ | 21% | — | — |
| 30 Jul 2024 | ₹ 70 | ▼ | 17% | — | — |
| 29 Jul 2024 | ₹ 90 | ▼ | 22% | — | — |
| 28 Jul 2024 | ₹ 120 | — | 30% | — | — |
Ceigall India IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 01 Aug 2024
- Close 05 Aug 2024
- Allotment 06 Aug 2024
- Refund/credit 07 Aug 2024
- Listing 08 Aug 2024
Ceigall India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹401 |
|---|---|
| GMP-based estimate (pre-listing) | ₹471 (+17.5%) |
| Listing gain / loss | +₹18 per share |
| Listing date | 08 Aug, 2024 |
| Actual listing price | ₹419 (+4.49%) |
Is Ceigall India IPO GMP reliable?
Grey market premium for Ceigall India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Ceigall India IPO full review for a fundamentals-based assessment before making any grey market trades.
Ceigall India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ceigall India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Ceigall India IPO
Ceigall India Limited was incorporated in July 2002. It is an infrastructure construction company that has completed over 34 projects across ten states in India.
It has experience in specialised structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, metros, expressways and runways. Over two decades it has grown from a small construction company into an established EPC player.
Its promoters are Ramneek Sehgal, Ramneek Sehgal and Sons HUF and RS Family Trust.
The IPO was Rs 1,252.66 crore, with Rs 684.35 crore of fresh issue and Rs 568.32 crore of offer for sale by promoters and promoter group members. Rs 384.57 crore was planned for repaying the company's borrowings and Rs 99.79 crore for equipment.
Frequently asked
What is the GMP of Ceigall India IPO?
The current Grey Market Premium (GMP) of Ceigall India IPO is ₹ 70.
What is the Kostak Price of Ceigall India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ceigall India IPO is not available.
What is the Subject to Sauda Price of Ceigall India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Ceigall India IPO?
Ceigall India IPO listed on August 8, 2024 at ₹419, against the issue price of ₹401 — a gain of +4.49%.
How did the GMP of Ceigall India IPO trend before listing?
The GMP of Ceigall India IPO was stable in its final days before listing. The GMP peaked at ₹120 on 28 July 2024. View the day-wise table above for the complete GMP history.
Explore Ceigall India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
