Current Infraprojects IPO

₹1,21,600/1,600 shares

Minimum Investment

IPO Details

Open Date

26 Aug 25

Close Date

29 Aug 25

Minimum Investment

₹1,21,600

Lot Size

1,600

Price Range

₹76 to ₹80

Listing Exchange

NSE

Issue Size

₹41.80 Cr

Listing Date

03 Sep 25

Open Free Demat Account

Current Infraprojects IPO Timeline

Bidding Start

26 Aug 25

Bidding Ends

29 Aug 25

Allotment Finalisation

01 Sep 25

Refund Initiation

02 Sep 25

Demat Transfer

02 Sep 25

Listing

03 Sep 25

Current Infraprojects Limited

Established in 2013, Current Infraprojects Limited (CIPL) is an infrastructure and renewable energy company providing civil, mechanical, electrical, and water engineering services. It specialises in EPC services for Solar, Electrical, Water, and Civil projects, along with interior works and road furniture on turnkey contracts. The company also offers MEP consulting, project management consulting, and hospitality services through YAHVI The Farmhouse, operating across 12 Indian states. As of July 31, 2025, completed projects total ₹23,209.06 lakhs with 108 permanent employees.

Current Infraprojects IPO Overview

Current Infraprojects Limited is launching an IPO worth ₹41.80 crore through a book-building process, consisting entirely of a fresh issue of 0.52 crore shares. The IPO opens for subscription on August 26, 2025, and closes on August 29, 2025, with allotment expected on September 1, 2025. The shares are proposed to list on NSE SME with a tentative listing date of September 3, 2025. The price band is fixed at ₹76 to ₹80 per share, with a lot size of 1,600 shares. Retail investors must apply for at least 3,200 shares, requiring a minimum investment of ₹2,43,200, while HNIs need to invest in at least three lots (4,800 shares) amounting to ₹3,84,000. Holani Consultants Pvt. Ltd. is the book-running lead manager, Bigshare Services Pvt. Ltd. is the registrar, and Holani Consultants Pvt. Ltd. also acts as the market maker.

Current Infraprojects Limited IPO Details

Particulars	Details
IPO Date	26 August 2025 to 29 August 2025
Listing Date	3 September 2025
Face Value	₹10 per share
Issue Price Band	₹76 to ₹80 per share
Lot Size	1,600 Shares
Total Issue Size	52,25,600 shares (aggregating up to ₹41.80 Cr)
Fresh Issue	52,25,600 shares (aggregating up to ₹41.80 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,35,00,000 shares
Share Holding Post Issue	1,87,25,600 shares
Market Maker Portion	2,68,800 shares

Current Infraprojects Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	2,68,800 (5.24%)
QIB	24,22,400 (47.25%)
NII (HNI)	7,29,600 (14.23%)
Retail	17,05,600 (33.27%)
Total	51,26,400 (100%)

Anchor Investors

Anchor Portion: 14,52,800 shares, raising ₹11.62 crore

Bid Date: 25 August 2025

Lock-in: 50% till 1 October 2025, remaining 90 days till 30 November 2025

Current Infraprojects Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,56,000
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

Promoters: Mr. Sunil Singh Gangwar, Mrs. Sujata Gangwar, Mr. Satyavrat Singh, Mr. Devvrath Singh

Pre-Issue: 99.99%

Post-Issue: 96.96%

Current Infraprojects Limited IPO Valuation Overview

Particulars	Value
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
EPS (Pre-IPO)	7.00
EPS (Post-IPO)	5.05
P/E (Pre-IPO)	11.42
P/E (Post-IPO)	15.85

Objects of the Issue

To invest in wholly owned subsidiary for 1,800 KW solar plant at IIT (ISM), Dhanbad- ₹58.5 Mn

Fund for company’s working capital requirements – ₹300 Mn

General corporate purposes.

Key Financials (in Crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	7,951.65	4,207.28	3,565.34
Revenue	14,311.28	7,356.87	5,763.86
Profit After Tax	945.37	581.24	237.38
Reserves and Surplus	1,966.64	1,021.27	512.35
Total Borrowings	3,713.29	2,176.59	2,081.48

SWOT Analysis of Current Infraprojects IPO

Strength and Opportunities

Diversified EPC expertise across civil, solar, and electrical projects.
NABL-accredited lab supports quality assurance and client trust.
Strong order book with repeat clientele ensures steady revenue.
Expanding renewable energy portfolio offers growth opportunities.

Risks and Threats

High debt-to-equity ratio may affect financial flexibility.
Market competition from larger EPC firms may limit growth.
Dependence on government projects exposes revenue to policy changes.
Project delays due to regulatory approvals can impact timelines.

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About Current Infraprojects Limited

Competitive Strengths

Focused EPC player providing turnkey solutions across multiple engineering domains.

NABL-accredited quality assurance lab ensures superior project standards and safety.

Strong order book with repeat clientele ensures consistent revenue flow.

Peer Comparison

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Current Infraprojects	7.00	7.00	17.58	—	39.84
K2 Infragen	9.16	9.16	60.44	7.42	15.14
Oriana Power	79.52	79.52	250.83	27.54	31.11
Kay Cee Enony A Infra	15.57	15.57	56.28	21.35	27.66
Rulka Electricals	5.46	5.46	80.16	23.06	6.61
H.M Electro Mech	7.88	7.88	47.78	8.55	12.76

How to apply IPO with HDFC SKY?

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1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App