Shivalaya Construction Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Shivalaya Construction Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Founded in 1997, Shivalaya Construction Limited is an infrastructure EPC company mainly focused on building roads, highways, and bridges, and has completed 41 projects across 19 states and union territories in India as of July 2025. The company has strong experience in constructing and maintaining roads, including complex structures like flyovers, elevated roads, bridges, and railway overbridges. It has built over 2,700 lane kilometers and is currently working on more than 1,500 lane kilometers across 14 ongoing projects under EPC and Hybrid Annuity Model (HAM). Some of its projects are spread across states like Uttar Pradesh, Maharashtra, Karnataka, and Jharkhand, where a few HAM projects have already started operations. The company has a strong order book of over ₹36,000 million and is supported by a large fleet of 2,516 machines and equipment, along with a workforce of 4,440 employees, allowing it to handle multiple projects efficiently.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?•📈 Track all live rates on IPO GMP Today
- Strong Project Execution Track Record : Completed 41 projects across 19 states with expertise in roads, highways, and bridges.
- Robust Order Book & Pipeline : Large order book with EPC and HAM projects ensures future revenue visibility.
- Large Equipment & Workforce Base : Strong fleet and manpower enable simultaneous execution of multiple projects.
- High Dependence on Government Projects : Majority revenue linked to public sector contracts and policies.
- Working Capital Intensive Business : Infrastructure projects involve long payment cycles and funding requirements.
- Execution Risk in Ongoing Projects : Delays or cost overruns can impact profitability and timelines.
- Shripal Aggarwal
- Pradeep Nandal
- Sumitra Nandal
- Sahil Aggarwal
- Sumit Nandal
Shivalaya Construction Limited