Ceigall India’s wholly owned subsidiary -- Ceigall Infra projects (CIPPL) has emerged as the L1 bidder for two tenders by the Punjab Infrastructure Development Board on March 16, 2026. The aggregate total value of the tenders is around Rs 207 crore.
The tender valued at around Rs 108 crore is for construction and development of the World Class Urban Street in Ludhiana on Hybrid Annuity Model Package 1. Besides, a tender valued at around Rs 99 crore is for construction and development of the World Class Urban Street in Ludhiana on Hybrid Annuity Model Package 3. Both tenders have a construction period of 8 months and maintenance period of 6 years.
Ceigall India is an infrastructure construction company with experience in undertaking specialized structural works such as elevated roads, flyovers, bridges, Railway over bridges (ROB), tunnels, highways, expressways and runways.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: