Giriraj Civil Developers Ltd IPO

Add to Calendar 2018-03-19 12:00 AM 2018-03-21 12:00 AM Asia/Kolkata Giriraj Civil Developers Ltd IPO Giriraj Civil Developers Ltd India


Giriraj Civil Delevopers is a civil works contracting and engineering company. Most of the projects undertaken by them are in the state of Maharastra and Gujarat.Presently it has 21 ongoing projects and has 34 permanent employees

Date of establishment:  Giriraj Civil Developers Limited was incorporated in 2005.


Product & Service Offering: They undertake infrastructure projects like building bridges, platform extension, sick line sheds etc.


Promoters of Giriraj Civil Developers Limited:  Mr. Panna Lal Jain and Mr Vivek Benara are the promoter Giriraj Civil Developers Limited.


Customer segment: Company undertakes projects for government / semi-government bodies like MCGM (Municipal Corporation of Greater Mumbai) and MRVC (Mumbai Railway Vikas Corporation).


Objects of the Issue: The objects of the Offer is to:-
-     Repayment of unsecured loans
-     To meet General Corporate Purpose 


Company Financials:



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Issue Detail

  • Issue Open: Mar 19, 2018
  • Issue Close: Mar 21, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 100 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 9.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 426,000 426,000 0 48,000 900,000
Day 1 - Mar 19, 2018IST 0 0 42000 0 - 42,000
Day 2 - Mar 20, 2018IST 0 348,000 170,400 0 - 518,400
Day 3 - Mar 21, 2018IST 0 410,400 579,600 0 - 990,000

Listing Day Trading Information

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