Current Infraprojects Limited IPO
Current Infraprojects Limited was originally incorporated as Current Infraprojects Private Limited in Jaipur, Rajasthan on December 31, 2013. It was later converted into a public limited company on March 06, 2025. The company is engaged in infrastructure construction, development, operations, and maintenance, with expertise in EPC (Engineering, Procurement, and Construction) services.
Core Offerings:
i) Solar EPC – End-to-end solar energy solutions for roads, buildings, and renewable projects.
ii) Electrical EPC – Utility shifting, high-voltage transmission lines, and highway lighting solutions.
iii) Water EPC – Large-scale water distribution projects, pipeline and hand-pump installations.
iv) Civil EPC – Building construction, interiors, road infrastructure, road furniture, sewage systems.
v) Engineering Consulting Services – Specialization in Mechanical, Electrical, and Plumbing (MEP) systems.
vi) Project Management Consulting (PMC) – Planning, budgeting, quality assurance, and risk management.
The company also provides hospitality services through a leased property, Yahvi The Farmhouse, located on the outskirts of Jaipur.
Business Operations
– The company follows a dual-revenue business model:
a) Government Tender Contracts – Large-scale projects in solar, water, highways, and utilities.
b) Private Contracts – Civil works, interiors, and specialized EPC projects for real estate and corporates.
– It has a presence across 12 states in India and executed projects worth ₹23,209.06 Lakhs as of July 31, 2025.
– Key project states include Rajasthan, Kerala, Uttar Pradesh, West Bengal, Gujarat, Maharashtra, Tripura, Odisha, and others.
Competitive Strengths
i) Focused EPC Player – Specialization across solar, water, electrical, and civil EPC.
ii) NABL Accredited Lab – In-house quality control for higher reliability.
iii) Strong Order Book – Backed by repeat clients and long-standing relationships.
iv) Experienced Leadership – Promoters and senior management bring decades of expertise.
v) End-to-End Project Capabilities – Comprehensive execution from design to defect liability.
Objects of the Current Infraprojects Limited IPO:
Current Infraprojects Limited IPO Details:
Open Date: | Aug 26 2025 |
Close Date: | Aug 29 2025 |
Total Shares: | 52,25,600 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 41.80 Cr. |
Lot Size: | 1600 Shares |
Issue Price: | ₹ 76-80 Per Equity Share |
Listing At: | NSE Emerge |
Promoters And Management:
Financials of Current Infraprojects Limited IPO:
Particulars | FY2024-2025 (Consolidated) | FY 2023-2024 (Standalone) | FY 2022-2023 (Standalone) |
Revenue from Operations | 90.88 | 77.56 | 60.96 |
EBITDA | 14.74 | 8.31 | 3.3 |
EBITDA Margins | 16.23% | 10.72% | 5.43% |
PAT | 9.45 | 5.08 | 1.49 |
PAT Margins | 10.40% | 6.56% | 2.45% |
ROCE | 26.49% | 29.66% | 16.53% |
Debt to Equity Ratio(In Times) | 1.29 | 0.85 | 0.96 |
Operating Cash Flows | -1.1 | -0.98 | 0.62 |
Comparison With Peers:
Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
Current Infraprojects Limited | 90.88 | 16.23% | 10..40% | 26.49% | 1.29 | 153.18 | 16.21 |
K2 Infragen Limited | 147 | 13% | 8.16% | 17.90% | 0.74 | 81 | 6.91 |
HM Electro Mech Limited | 122 | 11% | 6.55% | 22.40% | 0.12 | 89 | 10.7 |
Oriana Power Limited | 987 | 24% | 16.10% | 42.30% | 0.53 | 4822 | 30.4 |
Rulka Electricals Limited | 79.47 | 5.41% | 2.80% | 12.20% | 0.26 | 54.1 | 23.9 |
Kay Cee Infra Limited | 52.97 | 15.56% | 11.11% | 30.60% | 0.02 | 434 | 75.2 |
Lead Manager of Current Infraprojects Limited IPO:
Registrar of Current Infraprojects Limited IPO:
Discussion on Current Infraprojects Limited IPO:
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