MRC Infracon Files DRHP for BSE SME IPO With SEBI

Hoshiarpur, October 3, 2025: Civil construction firm MRC Infracon Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed IPO on the BSE SME platform. The issue comprises a fresh issue of up to 45,00,000 equity shares, along with an Offer for Sale (OFS) of up to 10,00,000 shares by the promoters. Cumulative Capital Pvt Ltd has been appointed as the book-running lead manager, while KFin Technologies Ltd will act as the registrar for the issue.

MRC Infracon is an Indian company that provides EPC (Engineering, Procurement and Construction) services for projects across segments such as commercial buildings, healthcare facilities, education campuses, residential complexes, and transport terminals. The company was established in 2021 and is headquartered in Hoshiarpur, Punjab.

Total Income At ₹14,285.92 Lakh While PAT At ₹1,706.26 Lakh

In FY25, total income reached ₹14,285.92 lakh, and the profit after tax (PAT) stood at ₹1,706.26 lakh. Earnings per share (post-bonus) was ₹14.19. As of March 31, 2025, net worth was ₹2,577.55 lakh, while total borrowings were ₹3,054.66 lakh.

Working Capital Requirement Main Fundraising Motive

The company plans to deploy ₹3,113.46 lakh from the IPO proceeds for working capital requirements and ₹973.74 lakh for the acquisition of construction equipment. The remaining funds will be utilised for general corporate purposes, subject to a cap of ₹1,000 lakh or 15% of the IPO proceeds, whichever is lower.

The company is yet to announce the key details about the IPO, such as the issue price, price band and the lot size. The shares are proposed to be listed on the BSE SME.

REF: https://www.bsesme.com/download/348068/SME_IPO InPrinciple/DRHP_MRC_Infracon_Limited_September_30_2025_20250930205252.pdf

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