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Open
19 Mar 2018
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Close
21 Mar 2018
3
Allotment
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Listing
Mon, Apr 2, 2018
Price Band
₹100 per share
Issue Size
9,00,000 shares (agg. up to ₹9 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Apr 2, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 48.52 | 64.36 | 45.09 | 36.95 |
| Total Income | 33.99 | 45.27 | 48.21 | 49.95 |
| Profit After Tax | 1.35 | 1.79 | 1.75 | 1.89 |
| NET Worth | 18.91 | 17.63 | 15.85 | 14.09 |
| Reserves and Surplus | 16.04 | 16.16 | 14.37 | 12.41 |
| Total Borrowing | 15.78 | 14.18 | 11.41 | 6.93 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreeshay Engineers Ltd. | SME | ₹5.40 Cr | ₹15 | null | ₹15.23 | +1.53% | ₹28.00 (-3.45%) |
| Banka BioLoo Ltd. | SME | ₹12.63 Cr | ₹115 | null | ₹115.00 | +0.00% | ₹93.40 (+4.94%) |
| Zodiac Energy Ltd. | SME | ₹10.14 Cr | ₹52 | null | ₹51.10 | -1.73% | ₹261.45 (-0.89%) |
| CMM Infraprojects Ltd. | SME | ₹18.18 Cr | ₹40 | null | ₹42.25 | +5.62% | ₹2.40 (+2.13%) |
| RKEC Projects Ltd. | SME | ₹28.70 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹26.74 (+1.10%) |
| Manav infra projects Ltd. | SME | ₹5.51 Cr | ₹30 | null | ₹24.00 | -20.00% | ₹31.40 (-4.99%) |
| Univastu India Ltd. | SME | ₹5.99 Cr | ₹40 | null | ₹40.20 | +0.50% | ₹116.23 (+0.79%) |
| Transwind Infrastructures Ltd. | SME | ₹7.29 Cr | ₹27 | null | ₹32.40 | +20.00% | ₹13.15 (+4.78%) |
| H.G.Infra Engineering Ltd. | Mainboard | ₹462.00 Cr | ₹270 | null | ₹267.75 | -0.83% | ₹549.85 (-1.16%) |
| Capacit'e Infraprojects Ltd. | Mainboard | ₹400.00 Cr | ₹250 | null | ₹342.55 | +37.02% | ₹225.10 (-0.64%) |
| Bharat Road Network Ltd. | Mainboard | ₹600.65 Cr | ₹205 | null | ₹208.45 | +1.68% | ₹17.70 (-1.95%) |
| PSP Projects Ltd. | Mainboard | ₹211.68 Cr | ₹210 | null | ₹199.50 | -5.00% | ₹1,046.30 (-2.27%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment Of Unsecured Loans | 2.48 |
| 2 | Expenditure for General Corporate Purposes | 0.37 |
About Giriraj Civil Developers IPO
Incorporated in 2005, Giriraj Civil Developers Ltd is a Mumbai based civil works contracting and engineering company. The company is also engaged in trading activities, wherein they trade construction materials, mainly steel and cement.Currently they are doing Railway sector projects where they undertake a wide scope of work which includes construction of foot over bridges, platform extensions; sick line sheds, stabling lines etc. They are also engaged in infrastructural projects for government / semi-government bodies like MCGM and MRVC and for various private players.The Company's mainly projects undertaken are in the states of Maharashtra and Gujarat. Currently it has 21 ongoing projects. Giriraj Civil also have Joint Ventures (JV) and consortiums with other infrastructure and construction companies.As on December 31, 2017 the company had 34 employees.+ Read More
Contact Details
Giriraj Civil Developers Ltd. Address101 Jaitirth Co-Op.Hous.SocietyRoad No.10Borivali (East)Mumbai, Maharashtra, 400066+ 91-22-28906356info@giriraj.bizVisit Website