Ceigall India Limited IPO Message Board (Page 3)

Holding on to my lot mostly. Let's see.

Is there anybody whose mandate is still blocked as mine is still blocked in sbi and cbi.

Got 1 retail money still not debited and still in hold
Lot of people facing the issue in this ipo

Yes, Pending in HDFC

Following is my analysis:-

1. It has an order book of Rs.9470 cr (3 times of FY24 Revenue) which means 3 years of Revenue visibility. In this 80% of order book is from NHAI and remaining 20% from Central govt, state govts and local departments.

2. Net cash in hand without IPO proceeds: 243 cr

3. Negligble contingent liabilities instead company has raised litigation for 119 cr.

4. After debt repayment of Rs.414 cr from IPO proceeds, finance cost will come down by 40 cr which will directly add to profit.

5. After IPO, promoter still hold 82% which means they have strong conviction on the growth prospects of the company.

6. For FY24 its P/E=21, ROE=33, ROCE=32, EBITDA margin=17.1% and PAT margin=10.1% which are wonderful KPIs for an infrastructure company.

7. After IPO proceeds, D/E=0.71 which is very reasonable for an infrastruture company.

As far as listing is concerned I am expecting a suprise listing gains compared to current GMP but whatever may be the listing gain, this is a portfolio stock and can easily double in next 6 months to 1 year. Market for whatever macro reasons has given a wonderful opportunity to grab Ceigall India and Akums pharma.

Note: Government has allocated massive amount for infrastructure in previous budgets and current budget as well. So even if this company can grab a pie of that it can give very good profits.

Do take ur investment decisions based on your risk profile and investment horizon.

This stock might show strength following the pre-open session...so holding would not be a bad idea .. 💡 Take your own call..

All eyes on S&P.

If this holds on to its gains and no bad news then I think 10% premium should be possible.

Same thinking. Hold it fir sone days.

Got 1 SHNI Here.....

3rd PARTY Application........

Bank - Bank of India

Mediator - Phonepay

​@v for vendetta I don't know third party accepted or not but never received such message for third party.

I also got akum retail in third party application

Any idea on listing price

460-480

dow jones up > 1% ...so hope we have a good day tomorrow 🎉😊

5/7 retail allotted 🤔💥

लिस्टिंगची चिंता नाहीये... दुसऱ्याच्या डोक्यावर ठेवून दिली आहे 😄

हाहाहा, पोरगं लई हुशार आहे!! 😊😊👍👍

​@rohiitian didn't get anything here?

No luck from 5 SHNI @Diligent IPO Learner

Oh okay

GMP 13 ⬆️

it will touch around 469 intraday tomorrow

Bahut badiya

UC itself is about 454

Bob upi still not released.... is anyone facing the same issue? As bob asba already released

What is upis status.....have funds released?

What is the cut off time for putting order in pre opening on IPO listing date .

Pre open sesssion is from 9 AM to 9:45 AM, but put your order well before 9:43 AM..

Gmp 14

2/6

Hope 450+  listing

even fund is also not released in Axis Bank . Waiting for the same to release

After long time got allotment. After aadhar housing received 1/2 retail. Good luck to all allotees. Hope for good listing 🤞

Congratulations 🎉
No fireworks expected but Let's hope for listing in positive zone 🤞

​@Chhote Lal No fireworks. Post listing it was panic selling or market mood. Don't know. Lets see how it is going to unfold in coming days.

1/6 in retail . Very surprise to see tough allotment in low subscribed IPO.

After Aadhar. Alloted 2/2. ASBA works.

Not applied so see the war from side line.