Ceigall India JV Secures ₹918 Crore Jaipur Metro Phase-II Contract
Ceigall India JV has secured a ₹918.04 crore contract from Jaipur Metro Rail Corporation Ltd for the design and construction of 10.8 km of elevated viaduct and ten stations for Jaipur Metro Phase-II. The project is to be executed over 34 months.
The contract value of ₹918.04 crore is substantial and represents a significant new business win for the company, impacting its revenue and growth prospects.
The company has received a significant new order, which is a positive development for its business and order book.
Ceigall India Limited, through its joint venture CIL–SAM India JV (holding 74% stake), has received a Letter of Acceptance (LOA) from Jaipur Metro Rail Corporation Ltd for the design and construction of an elevated viaduct and ten elevated metro stations for Jaipur Metro Phase-II MRTS. The contract, valued at ₹918.04 crore (inclusive of 18% GST), involves the development of 10.8 km of elevated infrastructure, excluding architectural finishing, spanning from chainage -600 m to 11,400 m, including a spur line towards the depot.
The project is to be executed over a period of 34 months. The ten stations included in the package are Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate, and Pinjrapole Gaushala.
Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, stated that this award marks an important milestone for the company, signifying diversification into urban mobility projects beyond roads and highways. He emphasized the company's commitment to contributing to Jaipur's transit connectivity and delivering the project with high standards of quality, safety, and timely execution. This order is expected to strengthen Ceigall India's order book and its presence in various infrastructure segments.
What to do with a filing like this
Ceigall India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.