Giriraj Civil Developers IPO is set to make its debut on 19 March 18 with 9cr is a Mumbai based civil works contracting and engineering company.
Giriraj Civil Developers IPO – overview
| IPO Dates | 19-21 March 18 |
| IPO Price | INR 100 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 9,000,000 shares (INR 9 crore) |
| Minimum bid (lot size) | 1200 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
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 main projects undertaken are in the states of Maharashtra and Gujarat. Currently it has 21 ongoing projects. Giriraj Civil also has Joint Ventures (JV) and consortiums with other infrastructure and construction companies.
As on December 31, 2017, the company had 34 employees.
Objects of the Issue
1. Repayment of unsecured loans;
2. Expenditure for general corporate purposes.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 6,436.20 | 4,509.10 | 3,695.16 |
| Total Revenue | 4,527.02 | 4,821.48 | 4,995.42 |
| Profit After Tax | 178.79 | 175.00 | 189.48 |
Company Contact Information
Giriraj Civil Developers Ltd
101 Jaitirth Co-Op. Hous. Society,
Road No.10 Borivali (East),
Mumbai – 400066
Phone: + 91-22-28906356
Email: info@giriraj.biz
Website: http://www.giriraj.biz.com
Giriraj Civil Developers IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Giriraj Civil Developers IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
