Aarvee Engineering Consultants IPO
The Aarvee Engineering Consultants IPO offers 100 % of the book-building services. The IPO was officially submitted on September 25, 2025. This issue includes a fresh issue of equity shares aggregating ₹2,02.50 crore and an offer for sale (OFS) for 67,50,000 equity shares by one of the Promoter Selling Shareholders, Venkatachala Chakrapani Redla. Each of the equity shares has a face value of ₹10.
The Aarvee Engineering Consultants IPO hasn't yet announced the price range, exact opening and closing dates, or dates for the IPO. The company has received in-principle approvals for the listing of the company on the BSE and NSE, the two biggest stock exchanges. This will make it easier for the company to raise funds from the market. Centrum Capital Ltd. and Ambit Private Ltd. will be the book-running lead managers (BRLM) of the issue. KFin Technologies Limited will be in charge of the offer's registrar.
Company Background
Aarvee Engineering Consultants Ltd provided engineering consultancy in the construction sector and construction design in the public sector. They were also involved in developing strategic road and interstate road plans. The company was registered on February 28, 2005, and in the company’s records located in Hyderabad, they are listed as “Aarvee Associates Architects, Engineers & Consultants Private Limited.” In February 2021, the company also transitioned into a public company and became limited by shares.
The company has evolved into an infrastructure consultancy with a focus on technology and multiple sectors. It has a presence beyond India and is headquartered in Hyderabad, Telangana. The firm has decades of experience in engineering and architecture and offers complex engineering and practical infrastructure solutions.
Operations & Product Range
The consultancy business activities of Aarvee Engineering Consultants Ltd. focus on a range of specialist consultancy services across various segments of infrastructure. Key operational activities include:
- Drafting Detailed Project Reports (DPR), feasibility studies and Project Management Consultancy (PMC).
- Participation in the Jal Jeevan Mission and the operation of over 100 water and sewage treatment facilities.
- Involvement in major projects such as the Greenko Pinnapuram Integrated Renewable Energy Project.
- Participation in the smart city projects of Allahabad and Karimnagar and in the urban master planning of Amaravati.
Aarvee Engineering Consultants Ltd.'s clientele consists mainly of government bodies, public sector undertakings and large private infrastructure developers from India and abroad.
Facilities & Capacity
Aarvee Engineering Consultant Ltd. is a service-oriented consultancy and as such, its "capacity" is a function of its specialist skill sets and its office locations. The firm has its registered and corporate office in Hyderabad. In response to the needs of its expanding overseas business, the firm has recently acquired additional office facilities in Australia, in Brisbane and Perth.
The Aarvee Engineering Consultants IPO documentation describes expansion plans which are aiming at progressively strengthen these overseas offices to secure more consultancy contracts on the global market.
Market Presence and Brand Recognition
Aarvee Engineering Consultants Ltd. has prominent brand recognition in the technical consultancy industry. One of the major recognitions is for the firm's involvement in "Sudarshan Setu," India's longest cable-stayed bridge, where the firm was appointed as the Authority's Engineer.
The company has a good presence in the market, with growing connections in the international market as it gets a growing share of work from other countries. As of June 30, 2025, Aarvee has worked on projects in 20 countries in Africa, Asia, Australia, and Europe.
Revenue Streams & Business Model
Aarvee Engineering Consultants Ltd.'s primary source of income is the professional fees it gets from its consulting contracts. Usually, these payments are based on milestones that are linked to the project's progress.
Revenue from overseas projects has been steadily rising in terms of geographic contribution. International projects brought in ₹70.91 crore in Fiscal 2025, or 12.50% of all revenue from operations. This is up from 5.98% in Fiscal 2023. This diversification helps the business lower the risks that come with being in just one geographic market.
Management & Shareholding
Promoters & Shareholding
Promoters of Aarvee Engineering Consultants Ltd. include Venkatachala Chakrapani Redla and Sneha Redla. Mr. Redla also serves as the Managing Director. Before the Aarvee Engineering Consultants IPO, the promoters held the majority of the equity and the weighted average cost of acquisition for their shares is significantly lower than the anticipated offer price, standing at approximately ₹0.26 per share for certain historical allotments.
Board & Key Management
The Board of Aarvee Engineering Consultants Ltd. is led by Chairman Visweswara Rao Kandula and some other members are here too, like Venkatachala Chakrapani Redla as a managing director, Venkata Subrahmanyam Valavala as a CFO of the company, managing all the financial strategies and then Venkateshwar Reddy Banda, Malladi Murthy and Mekala Kishore Kumar, all are Whole-time directors of Aarvee Engineering Consultants Ltd. as per their DRHP.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Aarvee Engineering Consultants IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Aarvee Engineering Consultants IPO Details
| Detail | Description |
|---|---|
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per Equity Share |
| Issue Price Band | [.] |
| Lot Size | [.] |
| Sale Type | Fresh Issue + Offer for Sale (OFS) |
| Total Issue Size | Up to ₹202.50 Cr (Fresh) + 67,50,000 Shares (OFS) |
| Fresh Issue(Ex Market Maker) | Up to ₹202.50 Crores |
| Offer for Sale | Up to 6,750,000 Equity Shares |
| Issue Type | 100% Book Built Offer |
| Listing At | BSE and NSE |
| Share Holding Pre Issue | 4,30,94,812 Equity Shares (95.33% held by Promoters) |
Aarvee Engineering Consultants IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | [.] |
| IPO Close Date | [.] |
| Tentative Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat | [.] |
| Tentative Listing Date | [.] |
| Cut-off time for UPI mandate confirmation | 5:00 PM on the Bid/Offer Closing Date |
Aarvee Engineering Consultants IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | [.] | ₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | [.] | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | [.] | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | [.] | Up to ₹10,00,000 |
| B-HNI (Min) | 67-71 | [.] | Over ₹10,00,000 |
Aarvee Engineering Consultants IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | ~68.94% |
| Promoter Holding Post Issue | ~31.06% |
Competitive Strength:
- • End-to-end infrastructure consultancy with diverse railway and road projects.
Aarvee Engineering Consultants IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 430.57 | 574.31 | 51.60 | 238.38 | 196.38 | 56.56 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 353.46 | 521.30 | 40.86 | 190.17 | 184.17 | 36.58 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 339.46 | 441.15 | 18.08 | 18.08 | 145.42 | 53.99 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 34.54% |
| Debt/Equity | 0.24x |
| RoNW | 21.65% |
| PAT Margin | 8.98% |
| EBITDA Margin | 16.65% |
| Price to Book Value | [.] |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹11.97 | [.] |
| P/E (x) | [.] | [.] |
IPO Objectives
They plan to use the Aarvee Engineering Consultants IPO from the fresh issue for several strategic purposes:
- Funding the expansion of international subsidiaries in Australia and the UK.
- Payment of meeting rent and marketing support costs for new international offices.
- General Corporate Expenses
Conclusion
The Aarvee Engineering Consultants IPO allows investors to access a distinct niche in the infrastructure services value chain. Aarvee Engineering Consultants Ltd. has proven capabilities in high-prestige Indian assignments like the Sudarshan Setu and with a growing presence in 20 countries, the company is well-positioned to capitalize on the global shift towards sustainable and smart infrastructure. While consultant sector-specific risks, such as project delays and a B2G contract dominant client base apply, its focus on international expansion, particularly Australia and the UK, confirms a well-defined execution strategy that seeks to broaden and diversify the company’s revenue base.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 25-09-2025 | View DRHP |
| 2 | SEBI/Exchange approval received | - | - |
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Frequently Asked Questions (FAQs)
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How much money will the Aarvee Engineering Consultants IPO raise?
For the IPO, there is a new issue of up to ₹202.50 crore and an Offer For Sale (OFS) of 67,50,000 equity shares by the promoters selling shareholder.
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Who are the promoters of Aarvee Engineering Consultants Ltd?
Promoters of Aarvee Engineering Consultants Ltd are Venkatachala Chakrapani Redla and Sneha Redla.
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What are the IPO objectives of the Aarvee Engineering Consultants IPO?
The funds received from the IPO of Aarvee Engineering Consultants will be utilized to set up offices in different parts of the world, subsidiaries abroad, and for other operational activities.
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Where is the registered office of Aarvee Engineering Consultants Ltd located?
Aarvee Engineering Consultants Ltd is located in at their Registered & Corporate office located in Hyderabad, Telangana, India.
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Does Aarvee Engineering Consultants Ltd. operate outside of the UK?
Yes, the company will be completing projects in 20 countries in the African, Asian, Australian, and European continents by mid 2025.
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Who is the registrar for the Aarvee Engineering Consultants IPO?
Aarvee Engineering Consultants' IPO registrar to the offer is KFin Technologies Limited.
