Current Infraprojects Ltd. IPO is a book-built issue worth ₹41.80 crore, entirely comprising a fresh issue of 52 lakh equity shares.
The issue will open for subscription on August 26, 2025 and close on August 29, 2025. The basis of allotment is expected to be finalized on September 1, 2025, while the tentative listing date on NSE SME is scheduled for September 3, 2025.
🏗 Current Infraprojects IPO Details
- IPO Size: ₹41.80 crore
- Issue Type: Book Built (Fresh Issue only)
- Price Band: ₹76 – ₹80 per share
- Face Value: ₹10 per share
- Listing At: NSE SME
- Lot Size: 1,600 shares
💰 Investment Requirements
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min/Max) | 2 | 3,200 | ₹2,56,000 |
| HNI (Min) | 3 | 4,800 | ₹3,84,000 |
👉 Note: The high minimum application size may limit retail participation.
📅 IPO Timeline (Tentative)
- IPO Opens: August 26, 2025
- IPO Closes: August 29, 2025
- Basis of Allotment: September 1, 2025
- Refunds Initiation: September 2, 2025
- Shares Credit to Demat: September 2, 2025
- Listing Date: September 3, 2025
- UPI Mandate Confirmation Deadline: August 29, 2025, 5:00 PM
Current Infraprojects IPO 2025: Strong Growth, ₹41.80 Cr Fresh Issue & Subscription Details
Current Infraprojects Limited (CIPL) is coming up with its IPO in August 2025. The company is a specialized infrastructure and renewable energy EPC player operating across 12 states in India. With a strong order book of over ₹280+ crore and consistent financial growth, the IPO is expected to draw significant investor attention.
📅 Current Infraprojects IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | August 26, 2025 (Tuesday) |
| IPO Close Date | August 29, 2025 (Friday) |
| Basis of Allotment | September 1, 2025 (Monday) |
| Refunds Initiation | September 2, 2025 (Tuesday) |
| Shares Credit to Demat | September 2, 2025 (Tuesday) |
| Tentative Listing Date | September 3, 2025 (Wednesday) |
| UPI Mandate Cut-off | August 29, 2025 (5 PM) |
💰 IPO Price, Lot Size & Issue Structure
| Detail | Info |
|---|---|
| Face Value | ₹10 per share |
| Issue Price | ₹80 per share |
| Lot Size | 1,600 shares |
| Minimum Investment (Retail) | ₹2,56,000 (3,200 shares) |
| Issue Size | 52,25,600 shares (₹41.80 Cr) |
| Sale Type | Fresh Capital Issue |
| Listing Exchange | NSE SME |
Reservation:
- Market Maker: 2,68,800 shares (₹2.15 Cr)
- Employees: 99,200 shares (₹0.79 Cr)
- Public (Net): 48,57,600 shares (₹38.86 Cr)
👥 IPO Reservation by Investor Category
| Category | Shares Offered | % Allocation |
|---|---|---|
| Market Maker | 2,68,800 | 5.14% |
| QIB | 24,22,400 | 46.36% |
| NII (HNI) | 7,29,600 | 13.96% |
| Retail | 17,05,600 | 32.64% |
| Total | 52,25,600 | 100% |
⭐ Anchor Investors
- Bid Date: August 25, 2025
- Shares Allotted: 14,52,800
- Anchor Portion Size: ₹11.62 Cr
- Lock-in Period:
- 50% shares till October 1, 2025
- Remaining till November 30, 2025
🏗 About Current Infraprojects Ltd.
Founded in 2013, CIPL provides EPC services in:
- Solar Power Projects
- Electrical & Water Engineering
- Civil EPC Contracts & Road Furniture
- Mechanical, Electrical & Plumbing (MEP) Consulting
- Project Management Consulting (PMC)
The company also operates in hospitality by leasing Yahvi The Farmhouse.
Presence: 12 Indian states
Completed Projects (till July 2025): ₹232.09 Cr
Employees: 108 permanent staff
💡 Competitive Strengths
- Focused EPC player in solar & infrastructure projects
- NABL-accredited quality assurance lab
- Strong order book with repeat clients
- Diverse project portfolio across multiple states
📊 Financial Performance (₹ Cr)
| Metric | FY 2025 |
|---|---|
| Total Assets | 79.52 |
| Total Income | 91.33 |
| Profit After Tax | 9.45 |
| EBITDA | 14.75 |
| Net Worth | 23.73 |
| Reserves & Surplus | 10.23 |
| Total Borrowings | 30.60 |
Key Ratios (FY 2025):
- ROE: 49.75%
- ROCE: 26.49%
- PAT Margin: 10.40%
- EBITDA Margin: 16.23%
- Debt/Equity: 1.29
- P/E (Post Issue): 16.19x
📌 Promoter Holding
| Stage | Holding |
|---|---|
| Pre-Issue | 96.96% |
| Post-Issue | 70.50% |
Promoters:
- Mr. Sunil Singh Gangwar
- Mrs. Sujata Gangwar
- Mr. Satyavrat Singh
- Mr. Devvrath Singh
🎯 Objects of the Issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Investment in Subsidiary (1800 KW Solar Plant, IIT Dhanbad) | 5.85 |
| Working Capital | 30.00 |
| General Corporate Purpose | Balance |
📈 Subscription Status (Day 1 – Aug 26, 2025, 6:54 PM)
| Category | Subscription (x) | Shares Offered | Shares Bids | Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 9.88 | 9,69,600 | 95,82,400 | 4 |
| NII (HNI) | 9.83 | 7,29,600 | 71,71,200 | 708 |
| Retail | 11.93 | 17,05,600 | 2,03,52,000 | 6,360 |
| Total | 10.60x | 35,04,000 | 3,71,37,600 | 7,079 |
🔍 Expert Review
According to market experts, Current Infraprojects has shown consistent growth in revenues and profits. The order book of ₹280+ Cr adds visibility for the next few years. However, valuations appear a bit aggressive, making it suitable mainly for medium to long-term investors.