Current Infraprojects IPO will open on August 26, 2025, and will close on August 29, 2025. It is a Book Built Issue through which the company aims to raise around ₹41.80 crores. The issue comprises a fresh issue of ₹41.80 crores, with a face value of ₹10 per share.
The Current Infraprojects IPO price band has been fixed at ₹76 to ₹80 per share. The quota distribution includes 50% for Qualified Institutional Buyers (QIBs), 35% for Retail Investors, and 15% for High Net-Worth Individuals (HNIs). The IPO shares are proposed to be listed on the NSE, with a tentative listing date of September 3, 2025. The IPO allotment date is scheduled for September 1, 2025.
On the financial front, Current Infraprojects Limited reported a revenue of ₹91.33 crores in FY 2025, compared to ₹77.73 crores in FY 2024. The company’s net profit increased to ₹9.45 crores in 2025, as against ₹5.09 crores in 2024, showcasing solid profitability growth.
Current Infraprojects IPO Date & Price Band Details
The Current Infraprojects IPO will open on August 26, 2025, and close on August 29, 2025. With a price band of ₹76 to ₹80 per share and a lot size of 1,600 shares, the IPO aims to raise ₹41.80 crores and will be listed on the NSE SME platform.
| Category | Details |
|---|---|
| IPO Open Date: | August 26, 2025 |
| IPO Close Date: | August 29, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹76 to ₹80 Per Share |
| Issue Size: | Approx ₹41.80 Crores |
| Fresh Issue: | Approx ₹41.80 Crores |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Current Infraprojects IPO Market Lot
The Current Infraprojects IPO minimum lot size is 3,200 shares, requiring a minimum investment of ₹2,56,000. This higher entry point indicates that the IPO is primarily targeted towards HNI and institutional investors, while retail participation may be limited due to the large application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,56,000 |
| Retail Maximum | 2 | 3,200 | ₹2,56,000 |
| S-HNI Minimum | 3 | 4,800 | ₹3,84,000 |
| S-HNI Maximum | 6 | 11,200 | ₹8,96,000 |
| B-HNI Minimum | 8 | 12,800 | ₹10,24,000 |
Current Infraprojects IPO Allotment & Listing Dates
The Current Infraprojects IPO will open on August 26, 2025, and will close on August 29, 2025. The IPO allotment date is scheduled for September 1, 2025, while the listing date is fixed for September 3, 2025, on the NSE SME platform.
| Type | Date |
|---|---|
| IPO Open Date: | August 26, 2025 |
| IPO Close Date: | August 29, 2025 |
| Basis of Allotment: | September 1, 2025 |
| Refunds: | September 2, 2025 |
| Credit to Demat Account: | September 2 2025 |
| IPO Listing Date: | September 3, 2025 |
Current Infraprojects IPO: Promoters
The promoters of Current Infraprojects Limited are Mr. Sunil Singh Gangwar, Mrs. Sujata Gangwar, Mr. Satyavrat Singh, and Mr. Devvrath Singh. The promoter group has been instrumental in guiding the company’s growth strategy, expansion plans, and overall business operations, ensuring long-term sustainability and value creation.
Current Infraprojects IPO Company Financial Report
Current Infraprojects IPO has delivered steady growth. The company reported a revenue of ₹91.33 crores in FY 2025, compared to ₹77.73 crores in FY 2024. Its net profit also rose to ₹9.45 crores in 2025, as against ₹5.09 crores in 2024, reflecting improved profitability and operational efficiency.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹60.79 | ₹58.77 | ₹1.51 | ₹31.86 |
| 2023 | ₹61.06 | ₹59.01 | ₹1.49 | ₹35.65 |
| 2024 | ₹77.73 | ₹70.86 | ₹5.09 | ₹42.16 |
| 2025 | ₹91.33 | ₹78.57 | ₹9.45 | ₹79.52 |
Current Infraprojects IPO Valuation – FY2025
Current Infraprojects IPO showcases strong financial ratios with an impressive ROE of 49.75% and ROCE of 26.49%. The company maintains healthy margins with EBITDA at 16.23% and PAT at 10.40%. With an EPS of ₹7.00 and NAV of ₹17.58, it reflects solid financial strength and growth potential.
| KPI | Values |
|---|---|
| ROE: | 49.75% |
| ROCE: | 26.49% |
| EBITDA Margin: | 16.23% |
| PAT Margin: | 10.40% |
| Debt to equity ratio: | 1.29 |
| Earning Per Share (EPS): | ₹7.00 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 39.84% |
| Net Asset Value (NAV): | ₹17.58 |
Current Infraprojects IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| K2 Infragen Limited | 9.16 | 7.42 | 15.14% | 60.44 | 146.81 Cr. |
| Oriana Power Limited | 79.52 | 27.54 | 31.11% | 250.83 | 987.17 Cr. |
| Kay Cee Enony A Infra Limited | 15.57 | 21.35 | 27.66% | 56.28 | 152.68 Cr. |
| Rulka Electricals Limited | 5.46 | 23.06 | 6.61% | 80.16 | 79.47 Cr. |
| H.M Electro Mech Limited | 7.88 | 8.55 | 12.76% | 47.78 | 121.67 Cr. |
Objects of the Issue – Current Infraprojects IPO
The net proceeds from the Current Infraprojects IPO will be utilized for the following purposes:
- Investment in equity of the wholly owned subsidiary, Current Infra Dhanbad Solar Private Limited, for setting up an 1800 KW solar plant under the RESCO Model at the Indian Institute of Technology (Indian School of Mines), IIT(ISM), Dhanbad, Jharkhand.
- Funding the working capital requirements of the company to support ongoing operations and future growth.
- General corporate purposes, including strategic initiatives, business expansion, and strengthening the financial position of the company.
Current Infraprojects Company Overview, Strengths, and Risks
Current Infraprojects Ltd. is an infrastructure and renewable energy company specializing in Engineering, Procurement, and Construction (EPC) services. Incorporated in 2013 and based in Jaipur, India, the company has expanded its operations to 12 states. It’s a private company that converted to a public limited company in early 2025 and is set to list on the NSE EMERGE exchange with an IPO scheduled for late August 2025.
Company Overview Current Infraprojects provides a wide range of services, including:
- Solar EPC: Designing and installing solar power systems.
- Electrical EPC: Utility shifting, electrical line relocations, and highway/street lighting.
- Water EPC: Developing large-scale water distribution systems.
- Civil EPC: Building construction, interior works, road infrastructure, and sewage projects.
- Consulting Services: Specialized engineering consulting for mechanical, electrical, and plumbing (MEP) systems, and project management consulting (PMC).
- Renewable Energy Solutions: Adopting a RESCO (Renewable Energy Service Company) model through which they will deliver renewable energy on a pay-per-use basis.
- Hospitality: Leasing a farmhouse property.
The company’s revenue is primarily derived from its EPC contracts, with a smaller portion from consulting, RESCO, and hospitality services. As of July 2025, the company had a strong order book of over ₹280 crore.
Strengths
- Diverse Service Portfolio: Current Infraprojects operates across multiple sectors—solar, electrical, water, and civil—which diversifies its revenue streams and reduces dependency on a single industry.
- Strong Order Book: The company has a substantial backlog of projects, providing significant revenue visibility for the near term.
- Consistent Financial Performance: It has demonstrated a healthy growth trajectory, with revenue and profit after tax (PAT) expanding steadily over the last few years. The PAT has seen a remarkable sixfold increase in the past three years.
- Experienced Management: The company is led by experienced promoters and a skilled management team with a proven track record in the civil construction industry.
- Quality and Certifications: The company is ISO certified and its MEC test lab is accredited by the National Accreditation Board for Testing & Calibration Laboratories (NABL), which demonstrates a commitment to quality and technical competence.
Risks
- Client Concentration: A significant portion of the company’s revenue (over 80% in FY25) comes from its top ten clients. A loss of any of these major clients could severely impact its financial performance.
- Revenue Concentration: A majority of the company’s revenue (over 50% in the last few fiscal years) is generated from three states: Rajasthan, Kerala, and Uttar Pradesh. This geographical concentration exposes the company to regional economic and political risks.
- Working Capital Intensity: The nature of the EPC business is working capital-intensive. The company’s operations require significant upfront investment in materials and labor, which can lead to stretched receivables and pressure on cash flow.
- Project Execution Risk: Delays in project completion or cost overruns could lead to contract terminations, penalties, or claims for damages, which would negatively affect the company’s financial health.
- Dependency on the EPC Sector: As a company with a high concentration in the EPC sector, its performance is subject to fluctuations and risks inherent to the industry, such as intense competition and tender-based business.
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Current Infraprojects IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Current Infraprojects IPO Lead Managers aka Merchant Bankers
- Holani Consultants Private Limited
Current Infraprojects Company Address
Current Infraprojects Ltd.
A-27, Basant Vihar
Vaishali Marg
(West), Panchyawala
Jaipur, Rajasthan, 302034
Phone: 0141-6762066
Email: cs@currentinfraprojects.com
Website: https://www.currentinfra.com
FAQs about Current Infraprojects IPO
The Current Infraprojects IPO opens for subscription on August 26, 2025, and closes on August 29, 2025. The share allotment is scheduled for September 1, 2025, with the listing on the NSE SME platform on September 3, 2025.
The IPO price band is fixed at ₹76 to ₹80 per share. Bids can be placed within this range.
The minimum lot size for a retail investor is 3,200 shares, which translates to a minimum investment of ₹2,56,000 at the upper end of the price band (₹80 per share).
A Book Built Issue is a type of IPO where the price of the share is not fixed in advance. Instead, the price is determined by a bidding process among interested investors within a specified price band. The final price is decided based on demand from these bids.
NSE SME refers to the SME platform of the National Stock Exchange of India (NSE). It’s a dedicated trading platform for small and medium-sized enterprises to raise capital by going public. The IPOs on this platform, like the Current Infraprojects IPO, are typically for smaller companies.
Current Infraprojects has shown consistent growth. In FY 2025, the company reported a revenue of ₹91.33 crores and a net profit of ₹9.45 crores, a significant increase from its FY 2024 profit of ₹5.09 crores.
The net proceeds from the IPO will be used for three main purposes:
Investment in a wholly-owned subsidiary for setting up an 1800 KW solar plant.
Funding the company’s working capital requirements.
General corporate purposes, including business expansion.
The company’s strengths include a diverse service portfolio (solar, electrical, water, and civil EPC), a strong order book of over ₹280 crore, and a track record of consistent financial growth. It also holds important certifications, like NABL accreditation for its test lab.
Potential risks include high client and revenue concentration, as a large portion of its revenue comes from its top clients and a few states. The business is also working capital-intensive, which can put pressure on cash flow.
The promoters are Mr. Sunil Singh Gangwar, Mrs. Sujata Gangwar, Mr. Satyavrat Singh, and Mr. Devvrath Singh. They have been a crucial part of the company’s growth and operations.
Disclaimer: This content is provided strictly for educational and informational purposes only. The securities or investments mentioned are based on publicly available information and should not be construed as investment advice or recommendations. Investors are advised to consult with their financial advisor before making any investment decisions.
