Giriraj Civil Developers Limited IPO

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 Background of the Company
(i) Our Company was incorporated as Private Limited Company registered under Indian Companies Act, 1956 pursuant to Certificate of Incorporation dated 19/10/2005 issued by Registrar of Companies, Mumbai as “GIRIRAJ CIVIL DEVELOPERS PRIVATE LIMITED” having its Registered office in Mumbai, India with a main object of functioning as a Government Civil Contractor, Building Roads, Bridge, Foot Over Bridge, Earthworks and numerous other Infrastructure Constructions.
(ii) We are one of the Reputed Govt. Civil Contractor and We believe in terms of Quality, Reliability, Technical, Expertise and Professional Approach. As a leader in infrastructure construction and maintenance, our’ goal is to set the pace in our industry and to be a model of excellence by providing safe, innovative, sustainable and cost-effective solutions for our customers. Our core values govern our internal business practices and partnership and guide our innovations
(iii) Company has converted from Private Company to Public Limited with effect from 22nd Day of January, 2018. Company’s present Authorized Capital and Paid up Capital are Rs. 4 Crores and Rs. 2.94 Crores respectively and it is currently under process of Issue of Shares through Public Issue.

Giriraj Civil Developers Limited IPO Stock Quote & Charts



  • Open: 23.00
  • High - Low: 23.00 - 23.00
  • Previous Close: 21.95
  • Total Traded Volume: 1200
  • Updated On: 18-Dec-2019

Objects of the Giriraj Civil Developers Limited IPO:

1. Repayment of Unsecured loans. 2.Funding expenditure of General Corporate Purpose

Giriraj Civil Developers Limited IPO Details:

Open Date: Mar 19 2018
Close Date: Mar 21 2018
Total Shares: 9,00,000
Face Value: ₹ 10 Per Equity Share
Issue Size: 9 Cr.
Lot Size: 1200 Shares
Issue Price: ₹ 100 Per Equity Share
Listing At: NSE Emerge
Listing Date: Apr 02 2018

Promoters And Management:

1. Mr Mahesh Shah 2. Mr. Kurushang Shah 3. Mrs Mamta Shah

Lead Manager of Giriraj Civil Developers Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of Giriraj Civil Developers Limited IPO:

  1. Cameo Corporate Services Limited

Bid Details of Giriraj Civil Developers Limited IPO as on
21-Mar-2018 22:00:00 IST

Category No.of shares offered No. of shares bid
450,000 410,400
450,000 579,600
- -
900,000 990,000
QIBs+HNIs Subscription 0.91X
Retail Subscription 1.29X
Total Subscription 1.10X

Discussion on Giriraj Civil Developers Limited IPO:

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