Current Infraprojects Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹80
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,28,000
Issue Size
₹41.8 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.11%
QIB Quota
49.87%
NII Quota
15.02%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Current Infraprojects Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
96.96%
Promoter Holding (Post-Issue)
70.5%
Issue Type
Book Building - SME
ISIN
INE1CRQ01014
About the Company
Our company is an infrastructure construction, development and management company with expertise across a wide range of services. We specialize in Engineering, Procurement, and Construction (EPC) services, offering comprehensive solutions in Solar EPC, Electrical EPC, Water EPC and Civil EPC contracts, which include interior and civil works, as well as road furniture, all on a fixed-sum turnkey basis. Additionally, we provide specialized Engineering Consulting Services in Mechanical, Electrical and Plumbing (MEP) systems, alongside Project Management Consulting (PMC) services. Our experience spans a variety of sectors, including hospitals, commercial buildings, malls and hotels.
Industry Overview
Around the world, infrastructure industry is responsible for propelling development overall. Governments worldwide have focused heavily on launching legislation that would guarantee the establishment of top-notch infrastructure within a set period. Between 2020 and 2030, the worldwide construction market is anticipated to expand by USD 14.4 trillion. Sub-Saharan Africa is predicted to experience the biggest regional construction increase, followed by rising Asia. It is anticipated that urbanization will accelerate growth in emerging markets. By 2050, the population could increase by 2.5 billion, about 90% of whom would live in Asia and Africa due to regional population growth.
Company History
Our Company was originally incorporated as a Private Limited Company in the name of "Current Infraprojects Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 31, 2013, issued by the RoC, Rajasthan, bearing Corporate Identification Number U45201RJ2013PTC044719. Subsequently, our company was converted into Public Limited Company vide shareholders resolution passed at the Extra-Ordinary General Meeting held on February 01, 2025, and name of company was changed to "Current Infraprojects Limited" pursuant to issuance of Fresh Certification of Incorporation dated March 06, 2025, by Central Processing Centre bearing Corporate Identification Number U42900RJ2013PLC044719.
Growth Strategy
- Strengthen our focus on the development and execution of EPC projects and enhance execution efficiency.
- Expansion and growth in renewal energy sector through RESCO model.
- Geographical diversification.
- Leverage core competencies with enhanced in-house integration.
- Continue to enhance our project execution capabilities.
- Enhancing Operational Efficiency through IT Integration and System Consolidation.
Financial Performance
Revenue, profit after tax and total assets for the last reported financial year.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 52,25,600 equity shares of face value of Rs. 10/- each ("equity shares") of Current Infraprojects Limited ("the company" or "company" or "issuer") for cash at a price of Rs. 80/- per equity share (including a share premium of Rs.70/- per equity share), aggregating to Rs. 41.80 crores ("the issue"). This issue includes a reservation of 2,68,800 equity shares of face value of Rs. 10/- each aggregating to Rs. 2.15 crores (constituting to 1.40% of the post-issue paid up equity share capital of the company) for subscription by the market maker ("market maker reservation portion") and reservation of 99,200 equity shares of face value of Rs. 10/- each, aggregating to Rs. 0.79 crores (constituting to 0.52% of the post-issue paid up equity share capital of the company) for subscription by the eligible employees (the "employees reservation portion"). The issue less market maker reservation portion and the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.29% and 25.37% respectively of the fully diluted post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Focused EPC Player.
- NABL Accreditation Quality Assurance Lab.
- Strong Order Book with Repeat Orders and Long-Standing Relation with Clientele.
- Experienced Promoters, Senior Management and Team.
- End To End Project Management and Execution Capabilities.
- The company's revenue is largely driven by the performance of the EPC sector, which presents a range of potential risks. Any downturns or disruptions within this sector could significantly impact its overall business performance and financial stability.
- Delays in the completion of construction of current and future projects could lead to termination of EPC contracts or cost overruns or claims for damages, which could have an adverse effect on the company cash flows, business, results of operations and financial condition.
- The company Objects to issue - "Investment in Equity of its wholly owned subsidiary, Current Infra Dhanbad Solar Private Limited for setting up 1800 KW solar plant under RESCO Model at Indian Institute of Technology (Indian School of Mines) IIT(ISM), Dhanbad, Jharkhand" ("Proposed Project") is subject to the risk of unanticipated delays in implementation, cost overruns and certain Government approvals and licenses. If the company unable to implement the expansion plans at the planned cost or time or unable to obtain Government approvals and licenses, it could materially and adversely impact the company business, results of operations and financial condition.
- We cannot assure that the completion of our projects will be free from any or all defects, which may adversely affect our business, financial condition, results of operations and prospects.
- We are dependent on and derive our 85.01%, 92.52%, 92.93% and 93.33% of revenue from our top 10 key customers for the period ended on September 30, 2024, and for the fiscal year ended on March 31, 2024, 2023 and 2022 respectively. A decrease in the revenues we derive from them could materially and adversely affect our business, results of operations, cash flows and financial condition.