Current Infraprojects IPO
Open SmeCurrent GMP
₹50 (+62.50%)
Price Band
₹ 76 – 80
Lot Size
1600
Issue Size
₹41.8 Cr
Minimum Investment
₹256000 (3200 Shares)
Listing Date
03 September 2025
Subscription
273.76x
About the Company
Current Infraprojects Limited (CIPL), incorporated on December 31, 2013, in Jaipur, Rajasthan, is a public limited company engaged in infrastructure development and renewable energy services. Initially established as Current Infraprojects Private Limited, the company transitioned into a public entity in March 2025. CIPL specializes in comprehensive Engineering, Procurement, and Construction (EPC) services across key domains such as Solar, Electrical, Water, and Civil infrastructure, all offered on a fixed-sum turnkey basis. The company also provides specialized engineering consulting in Mechanical, Electrical, and Plumbing (MEP) systems and Project Management Consulting (PMC), catering to a variety of sectors including hospitals, commercial buildings, malls, and hotels.
In addition to core infrastructure services, CIPL is expanding into renewable energy through the RESCO (Renewable Energy Service Company) model, delivering solar solutions via Special Purpose Vehicles (SPVs) under long-term agreements. The company also operates in the hospitality sector through the leased property YAHVI The Farmhouse, located on the outskirts of Jaipur. This facility serves as a boutique accommodation offering amenities like kitchen access, terrace garden, and dining areas.
CIPL currently operates in 12 Indian states and has completed projects worth ₹23,209.06 Lakhs as of July 31, 2025. It employs 108 permanent staff and continues to scale operations both in volume and geographic reach. A key differentiator for the company is its in-house MEC Test Lab, established in 2015 and accredited by NABL (ISO/IEC 17025:2017), which supports internal quality testing and compliance. The lab enhances project quality by enabling efficient, in-house testing of transformers, electrical installations, and construction materials.
Promoters
- Mr. Sunil Singh Gangwar
- Mrs. Sujata Gangwar
- Mr. Satyavrat Singh
- Mr. Devvrath Singh
Promoters Holding
Holding Pre Issue
96.96%
Holding Post Issue
70.50%
Objects of the Issue
The Company Current Infraprojects IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Investment in Equity of our 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
- Funding the working capital requirement of the company
- General corporate purposes
Address / Contact Info
Current Infraprojects Limited
A-27, Basant Vihar, Vaishali Marg
(West), Panchyawala, Jaipur,
Rajasthan-302034
Phone: 0141-6762066
Email: cs@currentinfraprojects.com
Website: https://www.currentinfra.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 26 August 2025
IPO Close Date
Friday, 29 August 2025
Basis of Allotment
Monday, 01 September 2025
Initiation of Refunds
Tuesday, 02 September 2025
Credit of Shares to Demat
Tuesday, 02 September 2025
Listing Date
Wednesday, 03 September 2025 — NSE & BSE
Important Dates
Open Date
26 August 2025
Close Date
29 August 2025
Basis Of Allotment
01 September 2025
Listing Date
03 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|
| Assets | 79.52 | 42.07 | 35.65 |
| Revenue | 91.33 | 77.73 | 61.06 |
| Profit After Tax | 9.45 | 5.09 | 1.49 |
| Net Worth | 23.73 | 14.27 | 9.19 |
| Reserve & Surplus | 10.23 | 5.27 | 6.19 |
| Total Borrowings | 30.6 | 12.18 | 8.83 |
EPS Pre
6.79%
EPS Post
4.94%
P/E Pre
11.78
P/E (Post Issue)
16.19x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 49.75 | 43.39 | 17.68 |
| ROCE % | 26.49 | 29.66 | 16.52 |
| Debt / Equity | 1.29 | 0.85 | 0.96 |
| RoNW % | 39.84 | 35.65 | 16.25 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 10.4 | 6.56 | 2.45 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 2422400 | 49.87 | 0 |
| Non-Institutional | 729600 | 15.02 | 0 |
| BNII | 486400 | 10.01 | 0 |
| SNII | 243200 | 5.01 | 0 |
| Retail Investors | 1705600 | 35.11 | 0 |
| Total | 4857600 | 100 | 0 |
Subscription Status ( Fri, 29 Aug 25 01:55 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2422400 | 185939200 | 76.76x |
| Non-Institutional | 729600 | 467560000 | 640.84x |
| BNII | 486400 | 368299200 | 757.19x |
| SNII | 243200 | 99260800 | 408.14x |
| Retail Investors | 1705600 | 676272000 | 396.5x |
| Employees | 0 | 67200 | 0x |
| Total | 4857600 | 1329838400 | 273.76x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Current Infraprojects Ltd | 10 | 0.00 | 7.00 | 7.00 | 39.84 | 17.58 |
| K2 Infragen Ltd | 10 | 7.42 | 9.16 | 9.16 | 15.14 | 60.44 |
| Oriana Power Ltd | 10 | 27.54 | 79.52 | 79.52 | 31.11 | 250.83 |
| Kay Cee Enony A Infra Ltd | 10 | 21.35 | 15.57 | 15.57 | 27.66 | 56.28 |
| Rulka Electricals Ltd | 10 | 23.06 | 5.46 | 5.46 | 6.61 | 80.16 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 256,000.00 |
| Retail (Max) | 2 | 3,200 | 256,000.00 |
| S-HNI (Min) | 3 | 4,800 | 384,000.00 |
| S-HNI (Max) | 7 | 11,200 | 896,000.00 |
| B-HNI (Min) | 8 | 12,800 | 1,024,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Holani Consultants Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Current Infraprojects IPO is a Book-building IPO worth ₹41.8 crores. The price band is ₹76 to 80 per share. The IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Current Infraprojects IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025
Current Infraprojects IPO Price Band is ₹76 to 80.
Current Infraprojects IPO lot size is 1600, and the minimum amount required for application is ₹256000.
The minimum investment for Current Infraprojects IPO is approximately ₹256000 based on the upper price band.
To apply for the Current Infraprojects IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Aug 29, 2025. After submission, funds are blocked until the basis of allotment of Current Infraprojects IPO is finalised.
Current Infraprojects IPO issue size is ₹41.8 crores.
Current Infraprojects IPO allotment date is Sat, Jun 27, 2026.
The registrar for Current Infraprojects IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Current Infraprojects IPO through their official website or helpline.
The Current Infraprojects IPO GMP (Grey Market Premium) is ₹50 as of Wed, Sep 3, 2025. Based on the upper price band of ₹80 per share, the estimated Current Infraprojects IPO listing price is ₹130, indicating a potential listing gain of approximately 31% over the issue price.