Current Infraprojects IPO Overview
Current Infraprojects Limited IPO opens on August 26, 2025, and closes on August 28, 2025. The company is issuing 52,25,600 equity shares at a price band of ₹76–₹80 per share. The IPO proceeds will be used for setting up a 1800 KW solar plant at IIT (ISM) Dhanbad, meeting working capital requirements, and general corporate purposes. Listed on NSE Emerge.
Current Infraprojects Subscription and GMP Status
| Category | Subscription (x) |
| QIBs | 137.34 |
| NIIs | 540.31 |
| Retails | 334.25 |
| Total | 290.91 |
| Last Updated: 29 Aug 2025- 6 PM Source: NSE/BSE | |
| GMP (₹) (grey market premium) | IPO Price (₹) |
| 40 | 76-80 |
| Last Updated: 29 Aug 2025- 6 PM | |
| 📌 Note: The above GMP data is unofficial and has been collected from multiple sources including grey market dealers and market observers. It is provided purely for informational and educational purposes. Please consult your financial advisor before making any investment decisions. | |
IPO Key Date
Core Business & Overview
Established on December 31, 2013, in Jaipur, Rajasthan. Specializes in Engineering, Procurement, and Construction (EPC) services, offering turnkey solutions across:
- Solar Energy Projects
- Electrical Infrastructure
- Water Supply and Treatment Systems
- Civil Construction
Additional Ventures: Engaged in the hospitality sector through its property, YAHVI The Farmhouse, which is leased as a premium event and leisure destination.
Strengths
- Diverse EPC Expertise: Proven track record in delivering comprehensive EPC services across multiple sectors.
- NABL Accreditation: Possesses a NABL-accredited quality assurance lab, ensuring high standards in project execution.
- Experienced Management: Led by a team with over three decades of experience in mechanical and electrical fields, focusing on strategic initiatives and partnerships.
- Strong Client Relationships: Maintains long-term relationships with clients, leading to repeat orders and a robust order book.
Risks
- Execution Delays: Dependence on timely project execution for revenue recognition; delays can impact financial performance.
- Regulatory Compliance: Must adhere to construction and environmental norms; non-compliance can lead to penalties or project stoppages.
- Market Competition: Faces intense competition from established infrastructure and EPC firms, which may pressure margins.
- Supply Chain Dependencies: Vulnerable to delays from external factors like labor shortages or supply chain disruptions.
- Profitability Sensitivity: Profit margins are sensitive to project cost overruns and fluctuating market conditions.
Financial Performance Overview (₹ in Crore)
| Financial Year | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) |
| FY 2023 | 60.96 | 1.49 | 35.65 |
| FY 2024 | 77.57 | 5.09 | 42.07 |
| FY 2025 | 90.88 | 9.45 | 79.52 |
Revenue
- FY 2023 → FY 2024: Revenue increased from ₹60.96 Cr to ₹77.57 Cr, a 27% growth.
- FY 2024 → FY 2025: Revenue rose to ₹90.88 Cr, an additional 17% growth.
Insight: The company is consistently increasing its sales, indicating expanding operations and higher project inflow.
Profit Growth
- FY 2023: ₹1.49 Cr
- FY 2024: ₹5.09 Cr (242% jump)
- FY 2025: ₹9.45 Cr (86% jump)
Insight: Profit is growing faster than revenue, showing improved operational efficiency and cost management.
Assets
- FY 2023: ₹35.65 Cr → FY 2025: ₹79.52 Cr (more than double in 2 years)
Insight: Asset growth shows investment in infrastructure, machinery, and project capabilities to support expansion.
✅ Pros
- Strong revenue and profit growth over the last three years.
- IPO proceeds used for solar plant, working capital, and corporate purposes.
- NSE Emerge listing provides credibility and transparency.
- Growing asset base supports business expansion.
- Experienced management team with EPC expertise.
❌ Cons
- High competition in the infrastructure and EPC sector.
- Execution delays can impact revenue and profitability.
- Regulatory and environmental compliance risks.
- Profit margins sensitive to project cost overruns.
- IPO performance depends on market sentiment and demand.
Disclaimer:
The above IPO analysis and financial data are based on information provided by the company in its official documents. For complete details, please refer to the Red Herring Prospectus (RHP) linked above. Investors are strongly advised to consult their financial advisor before making any investment decisions.
