Current Infraprojects IPO...
20 Aug, 2025
Current Infraprojects IPO
Current Infraprojects IPO is a 100% fresh issue SME IPO going to be launched on NSE Emerge for raising about ₹41.80 crore through a book-built issue priced in the ₹76–₹80 band per share. The bidding is scheduled from 26 August 2025 to 29 August 2025 and a tentative listing on 3 September 2025 after allotment finalization on 1 September 2025 and refund/credit on 2 September 2025. The total offer comprises 52,25,600 equity shares, fully as a fresh issue (no OFS), with a face value of ₹10. The lot size is 1,600 shares, while the minimum bid for retail is shown as 3,200 shares, implying a minimum application of ₹2,56,000 at the upper band for 1 minimum bid. Holani Consultants Private Limited is the Book Running Lead Manager and Bigshare Services Private Limited is the registrar.
Company Background
Incorporated on 31 December 2013 as a private company and converted to a public company on 6 March 2025, Current Infraprojects Limited is based in Jaipur, Rajasthan and plans to list on NSE Emerge; the company operates in cables/electricals within the infrastructure and renewable-adjacent space. Promoters include Mr. Sunil Singh Gangwar, along with family members and pre-IPO, the promoter group holds virtually the entire equity, with dilution occurring via the fresh issue at listing.
Operations & Product Range
Facility & Production
This company conducts manufacturing and testing to meet Indian electrical quality and safety standards, from raw material checks, in-process controls & final product tests to ensure reliability of residential, commercial and LT distribution applications. The group includes solar-focused subsidiaries/SPVs, such as Current Infra Dhanbad Solar Private Limited's solar focus showcases this ecosystem resiliency while satisfying institutional project demand.
Brands & Market Presence
Infraprojects has adopted a distribution-led sales model targeting electricians, contractors, dealers and institutional buyers across regions; both new projects as well as replacement cycles are covered, with its positioning emphasizing reliability/compliance specifically targeting house wires and LT cables as safety-sensitive categories.
Revenue Channels
Revenue of Current Infraprojects IPO comes mainly from selling house wires, industrial cables and LT power cables through distributors and project channels to residential, commercial, industrial and infra-linked demand through construction seasonality, public capex timing as well as commodity input costs that affect margins and working capital needs.
Management & Shareholding
Promoters & Shareholding
The promoter group in the Current Infraprojects IPO, led by its founding family, including Sunil Singh Gangwar as MD, holds almost the entire equity base (99.99%) at pre-issue; post IPO, this percentage will decrease as new shares are released to public shareholders.
Board Members
The Current Infraprojects IPO board features a Managing Director and whole-time directors supported by independent directors as required for SME governance, with a CFO and a Company Secretary & Compliance Officer in place.
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.
Current Infraprojects IPO
| 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.**
Current Infraprojects IPO Details
| Detail | Description |
|---|---|
| IPO Date | August 26, 2025 to August 29, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹76 to ₹80 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 52,25,600 shares (aggregating up to ₹41.80 Cr) |
| Reserved for Market Maker | 2,68,800 shares (aggregating up to ₹2.15 Cr) Holani Consultants Pvt.Ltd. |
| Reserved for Employees | 99,200 shares (aggregating up to ₹0.7936 Cr) |
| Net Offered to Public | 48,57,600 shares (aggregating up to ₹38.86 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,39,22,400 shares |
| Share Holding Post Issue | 1,91,48,000 shares |
Current Infraprojects IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Tue, Aug 26, 2025 |
| IPO Close Date | Fri, Aug 29, 2025 |
| Tentative Allotment | Mon, Sep 1, 2025 |
| Initiation of Refunds | Tue, Sep 2, 2025 |
| Credit of Shares to Demat | Tue, Sep 2, 2025 |
| Tentative Listing Date | Wed, Sep 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 29, 2025 |
Current Infraprojects IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,56,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,56,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11,200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,24,000 |
Current Infraprojects IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 96.96% |
| Share Holding Post Issue | 70.50% |
Competitive Strength:
- ● Focus on essential cable lines--house wires, industrial cables and LT power cables which meet replacement and capex demand from homes, commercial real estate properties and industry.
- ● Testing and quality systems aligned to Indian standards provide product reliability and compliance assurances.
- ● Distribution-first reach spans residential, commercial and industrial segments, providing broad demand coverage.
- ● Strategic alignment to renewable and infrastructure projects with solar SPVs, enabling access to institutional/project orders.
Current Infraprojects IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 79.52 | 91.33 | 9.45 | 23.73 | 30.6 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 49.75% |
| ROCE | 26.49% |
| Debt/Equity | 1.29 |
| RoNW | 39.84% |
| PAT Margin | 10.40% |
| EBITDA Margin | 16.23% |
| Price to Book Value | 4.55 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.79 | 5 |
| P/E (x) | 11.78 | 16 |
Objectives of Current Infraprojects IPO
Key goals Current Infraprojects IPO include funding working capital needs, making strategic capital expenditure investments for capacity/process enhancement and general corporate purposes; including allocation to Current Infra Dhanbad Solar Pvt Ltd for an 1,800 kW solar plant under RESCO model at IIT(ISM) Dhanbad, estimated at ₹5.85 crore plus working capital needs estimated at ₹30 crore.
Conclusion
Current Infraprojects IPO is a Jaipur-based cables and electricals provider engaged in housing upgrades, commercial fit-outs, industrial capex projects and infra/renewable projects, offering a 100% fresh SME IPO from 26-29 August 2025 with subscription taking place between 26 and 29 August. Target listing on NSE Emerge for 3 September. Structure, pricing and lot configuration favor long-only capital raise with wider ownership opportunities, while their operating profile ensures quality alignment as well as distribution across steady-demand categories.
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Frequently asked Questions (FAQs )
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1. What are the Current Infraprojects IPO dates and listing timeline?
The IPO opens for subscription on 26 August 2025 and closes on 29 August 2025; allotment takes place on 1 September 2025 with refunds/credit issued on 2 September 2025 before listing on 3 September 2025 via NSE Emerge.
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2. What is the IPO size, price band and face value?
Total size is about ₹41.80 crore, fully fresh issue, priced in a ₹76–₹80 band with a face value of ₹10 per share.
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3. Who are the key intermediaries?
Holani Consultants Private Limited is the Book Running Lead Manager and Bigshare Services Private Limited is the registrar; a pre-IPO placement has also been undertaken as per the offer documents.
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4. What does the company of Current Infraprojects IPO make and who buys it?
The company manufactures house wires, industrial cables and long-term power cables sold through distributors or project buyers for use in residential, commercial, industrial or infra-linked applications.
