S.G.Encon IPO (DRHP filed)
S.G.Encon Limited filed its draft red herring prospectus with SEBI on 30 Sep 2026. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- DRHP Filed
- DRHP filed
- 30 Sep 2026
- Days since
- 31
- Issue size
- —
- Board
- Mainboard
- Price band
- TBA
S.G.Encon IPO status
S.G.Encon Limited filed its draft red herring prospectus (DRHP) with SEBI on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 30 Sep 2026 |
|---|---|
| Days since filing | 31 |
| SEBI observation | Awaited |
| 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 |
S.G.Encon Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹276.42 Cr to ₹287.64 Cr, and profit after tax rose from ₹13.94 Cr to ₹22.89 Cr. The PAT margin for 31 Mar 2026 was 7.96%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 140.04 | 106.84 | 85.34 |
| Total Income | 287.64 | 276.42 | 237.17 |
| Profit After Tax | 22.89 | 13.94 | 9.18 |
| EBITDA | 30.90 | 20.84 | 12.09 |
| Net Worth | 95.22 | 52.26 | 37.86 |
| Reserve & Surplus | 90.74 | 48.26 | 33.86 |
| Total Borrowings | 8.56 | 13.77 | 13.91 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 24.03 | 26.67 | 24.26 |
| ROCE % | 29.49 | 30.98 | 22.45 |
| Debt / Equity | 0.09 | 0.27 | 0.37 |
| RoNW % | 24.24 | 26.91 | 25.21 |
| Pat Margin % | 7.97 | 5.05 | 3.93 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| S. G. Encon Ltd | 10 | — | 9.11 | 9.11 | 24.24% | 35.11 |
| Pace Digitek Ltd | 2 | 11.20 | 15.11 | 15.11 | 14.01% | 101.61 |
| Annu Projects Ltd | 10 | 7.68 | 6.91 | 6.91 | 21.33% | 7.68 |
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 |
|---|---|
| 1 | Funding of Working Capital Requirement |
| 2 | Funding capital expenditure requirements of our Company for purchase of machinery or equipment |
| 3 | General Corporate Purposes |
About S.G.Encon Limited
Incorporated in 2008, S.G. Encon Ltd. is engaged in providing integrated, end-to-end telecommunication infrastructure services, as well as construction and underground utility infrastructure services for sectors such as oil & gas, water, and sewerage. The company’s telecommunication services include network rollouts, operation and maintenance (“O&M”), optical fibre cable (“OFC”) deployment and maintenance, FTTx network deployment and maintenance, telecom tower and cell site deployment and maintenance, radio frequency (“RF”) optimization, and commissioning and integration services.
The company also undertakes underground utility infrastructure projects involving the installation of oil & gas pipelines, water pipelines, and sewer pipelines, primarily using horizontal directional drilling (“HDD”) technology. Its construction services include civil construction, interior fit-out works, data and IT infrastructure works, firefighting system installations, electrical works, and project management and consultancy services, including engineering services.
S.G. Encon Ltd. has executed projects across 10 states in India and undertakes projects across various regions of the country. Its operations are primarily concentrated in North India.
Promoters
Rajiv Gandhi
Pankaj Setia
Contact details
S.G.Encon Ltd.
Cabin No. 1, SCO 93,
Second Floor, Swastik Vihar,
Sector-5, Mansa Devi Comp, Lex
Panchkula, Haryana, 134109
Tel: +91 9216053215
Email: corporate@sgencon.com
Website: https://sgencon.com/
S.G.Encon IPO FAQs
- Has S.G.Encon IPO filed for an IPO?
- S.G.Encon Limited filed its draft red herring prospectus (DRHP) with SEBI on 30 Sep 2026.
- When will the S.G.Encon IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the S.G.Encon IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.