RKCPL IPO Details
RKCPL Limited filed its draft red herring prospectus with SEBI on 24 Sep 2025 and Sebi Approval received on 31 Dec 2025 for an issue of about ₹1,250.00 Cr. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- SEBI Approved
- DRHP filed
- 24 Sep 2025
- SEBI Approval
- 31 Dec 2025
- Issue size
- ₹1,250.00 Cr
- Board
- Mainboard
- Price band
- TBA
RKCPL IPO status
RKCPL Limited filed its draft red herring prospectus (DRHP) with SEBI on and SEBI Approval received on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 24 Sep 2025 |
|---|---|
| Days since filing | 405 |
| SEBI observation | 31 Dec 2025 |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
RKCPL Limited financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹1,111.84 Cr to ₹1,276.69 Cr, and profit after tax rose from ₹156.95 Cr to ₹164.58 Cr. The PAT margin for 31 Mar 2025 was 12.89%.
| Period ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,209.08 | 632.33 | 395.01 |
| Total Income | 1,276.69 | 1,111.84 | 872.27 |
| Profit After Tax | 164.58 | 156.95 | 96.52 |
| Net Worth | 569.05 | 404.47 | 245.87 |
| Reserve & Surplus | 437.05 | 272.47 | 113.87 |
| Total Borrowings | 509.26 | 116.21 | 62.55 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| ROE % | 28.92 | 38.80 | 39.26 |
| ROCE % | 25.13 | 45.89 | 46.36 |
| Debt / Equity | 0.89 | 0.29 | 0.25 |
| RoNW % | 28.92 | 38.80 | 39.26 |
| Pat Margin % | 12.95 | 14.36 | 11.20 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| RKCPL Limited | 10 | — | 12.47 | 12.47 | 28.92% | 43.11 |
| Ceigall India Ltd | 5 | 16.46 | 17.04 | 17.04 | 15.57% | 105.69 |
| GR Infra Projects Ltd | 5 | 12.50 | 104.88 | 104.81 | 11.97% | 877.03 |
| HG Infra Engineering Ltd | 10 | 12.87 | 77.55 | 77.55 | 17.13% | 452.62 |
| KNR Constructions Ltd | 2 | 5.89 | 35.62 | 35.62 | 22.08% | 161.34 |
| PNC Infratech Ltd | 2 | 9.68 | 31.79 | 31.79 | 13.62% | 233.45 |
| J Kumar Infra Ltd | 5 | 12.38 | 51.70 | 51.70 | 12.98% | 397.42 |
| Ashoka Buildcon Ltd | 5 | 3.21 | 60.35 | 60.35 | 41.38% | 149.22 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of our Company towards purchase of construction equipment | 130.02 |
| 2 | Funding working capital requirements of our Company | 200.00 |
| 3 | Pre-payment and/or re-payment, in full or in part, of certain outstanding borrowings availed by our Company | 50.00 |
| 4 | Investment in our Subsidiaries namely Bathinda Ludhiana Highway Private Limited, Poanta Saheb Highway Private Limited and Ambala Ring Road Highway Private Limited for re- payment/pre-payment in full or in part, of certain borrowings availed by such Subsidiaries | 138.00 |
| 5 | General corporate purposes | — |
| Total | 518.02 |
About RKCPL Limited
Incorporated in 2013, RKCPL Ltd. is engaged in civil construction and infrastructure development, with a focus on executing specialized structural and infrastructure projects across India.
The company specializes in the construction and development of elevated roads, flyovers, bridges, road overbridges, highways, expressways, drainage systems, and canal networks. Its expertise spans a range of infrastructure projects that support transportation connectivity and water management.
Business Segments: RKCPL Ltd. primarily operates through two business models: Engineering, Procurement, and Construction (EPC) projects and Hybrid Annuity Model (HAM) projects. These models enable the company to undertake diverse infrastructure assignments while catering to different project execution and contractual requirements.
Growth Strategy and Vision: The company aims to strengthen its market position by expanding its service offerings, enhancing execution capabilities, and maintaining high standards of quality. Its vision is to contribute to India's infrastructure development while creating sustainable, long-term value for its stakeholders.
Employee Base: As of July 31, 2025, RKCPL Ltd. had 1,655 permanent employees, supporting its construction activities and project execution capabilities across India.
Promoters
- Ram Kumar Goyal
- Naresh Kumar
- Krishan Kumar Goyal
Contact details
RKCPL Ltd.
SCF 60, Sector 8,
Panchkula, Haryana, 134109
Phone: +91-172-3570082
Email: compliance@rkcpl.ltd
Website: https://www.rkcpl.ltd/
RKCPL IPO FAQs
- Has RKCPL IPO filed for an IPO?
- RKCPL Limited filed its draft red herring prospectus (DRHP) with SEBI on 24 Sep 2025.
- When will the RKCPL IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the RKCPL IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
- What is the RKCPL IPO size?
- The DRHP proposes an issue of about ₹1,250.00 Crore. The final size can change in the RHP.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.