Ceigall India Ltd. IPO

We are an infrastructure construction company, having completed over 34 projects across ten states in India with  experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, metros, expressways and runways. Over ... the last two decades, our Company has transitioned from a small construction company to an established engineering, procurement and construction (“EPC”) player, demonstrating expertise in the design and construction of various road and highway projects including specialized structures (Source: CARE Report) with over 20 years of experience in the industry. Our business model is broadly divided into EPC projects, Hybrid Annuity Model (“HAM”) projects and O&M. Under EPC projects and O&M, we recognise revenue based on percentage completion method or item rate basis, however, under HAM we construct the asset under public private partnership model wherein the authority initially provides part of funding for construction and remaining portion on completion of the project is by way of semiannual annuities spread across concession period, and after the concession period, asset is transferred back to the authority. Our Company has completed over 34 projects, including 16 EPC, one HAM project, five O&M and 12 Item Rate Projects, in the roads and highways sector. Currently, our Company has 18 ongoing projects, including 13 EPC projects and five HAM projects.  Read more

India stands out as the fastest-growing economy among the major economies with real gross domestic product of  ? 160.06 trillion in Fiscal 2024 and estimated to emerge as the third-largest economy globally by 2027, infrastructure sector continues to play major role with 3.50% of gross ... domestic product contribution with ? 52,962.00 billion investments in Infrastructure industry between Fiscal 2024 to Fiscal 2028.  Road construction is amongst the critical sub-segments for infrastructure development, economic growth, and employment creation. Key growth drivers for infrastructure sector are rapid urbanisation, higher budgetary outlay towards infrastructure, smart cities mission. The key challenges in the infrastructure sector are regulatory and policy risks, funding challenges, land acquisition and environmental clearances. Read more