Mumbai: Current Infraprojects Limited proposes to open its Initial Public Offering on the NSE Emerge platform at price of Rs 76 to Rs 80 per share – aggregating Rs 41.80 crores – which will open on August 26, 2025 and close on August 29, 2025.
The Company is an infrastructure construction and EPC service provider, offering end-to-end solutions across Solar, Electrical, Water, and Civil segments.
The issue size is 52,25,600 equity shares and the Net proceeds from the IPO will be utilized for Investment in Equity of the Company’s 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, working capital requirement and general corporate purposes.
The Book Running Lead Manager to the Issue is Holani Consultants Private Limited and the Registrar is Bigshare Services Private Limited.
Sunil Singh Gangwar, Chairman and Managing Director of Current Infraprojects Limited, said that the IPO highlighted accelerating Current Infraprojects Limited’s growth, while strengthening its position in the infrastructure and renewable energy sectors.
“The proceeds will fund the expansion of our wholly owned subsidiary and support our working capital needs. With projects delivered across 12 states and a diversified service portfolio, we are well-positioned to expand our footprint and deliver sustainable, high-quality solutions for India’s infrastructure future,” he said.
In FY25, the Company achieved a Revenue of Rs 9,088.42 Lakhs, EBITDA of Rs 1,474.98 Lakhs & PAT of Rs 945.37 Lakhs.
