Giriraj Civil Developers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 426,000 (47%) | — | ₹426 Cr |
| Retail | — | 426,000 (47%) | — | ₹426 Cr |
| Market Maker | — | 48,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 900,000 (100%) | — | ₹9,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 4,527 | 4,821 | 4,995 |
| Profit After Tax | 179 | 175 | 189 |
| Total Assets | 6,436 | 4,509 | 3,695 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment Of Unsecured Loans – 2.48
- 2 Expenditure for General Corporate Purposes – 0.37
Company Overview
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.