Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Core4 Engineers Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 29, 2026 to raise funds through Initial Public Offer (IPO).
Core4 Engineers Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.59 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Socradamus Capital Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Core4 Engineers IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 58,94,400 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 58,94,400 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,47,88,845 shares |
| Share Holding Post Issue | 2,06,83,245 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sun, Mar 29, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2022, Core4 Engineers Ltd. is an Engineering, Procurement, Construction and Commissioning (EPCC) company providing integrated infrastructure solutions across railway infrastructure, power transmission & distribution, and water & wastewater treatment sectors. The company undertakes end-to-end project execution, including design, engineering, procurement, erection, testing, commissioning, and operation & maintenance (O&M).
The company also operates an in-house manufacturing facility for High-Tension (HT) and Low-Tension (LT) electrical panels and compact substations, supporting both its EPC operations and third-party clients. Its subsidiary, Core4 Energy Ltd., contributes to product-based revenue through the manufacturing of electrical distribution and control panels.
Core4 Engineers Ltd. executes projects for Indian Railways, public sector undertakings, and infrastructure contractors, with capabilities in railway electrification, substation development, and water treatment systems. As of September 30, 2025, the company had a workforce of 433 personnel, including employees and project-based labour.
Business Verticals:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 77.35 | 68.10 | 31.99 |
| Total Income | 47.31 | 34.60 | 33.63 |
| Profit After Tax | 6.05 | 3.81 | 2.89 |
| EBITDA | 8.81 | 6.82 | 5.07 |
| NET Worth | 24.75 | 18.70 | 6.43 |
| Reserves and Surplus | 21.80 | 15.74 | 3.63 |
| Total Borrowing | 22.07 | 18.58 | 16.75 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for the acquisition of a property comprising land and an existing building, proposed to be utilized for establishing and operating a new manufacturing facility and corporate office; | 4.12 |
| 2 | Funding incremental working capital requirements; and | 32.68 |
| 3 | General corporate purposes | |
| Total | 36.80 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 55.73% | 30.31% |
| ROCE | 43.17% | 23.98% |
| Debt/Equity | 0.89 | 0.99 |
| RoNW | 24.46% | 20.37% |
| PAT Margin | 12.86% | 11.15% |
| EBITDA Margin | 18.73% | 19.98% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.58 | 5.85 |
| Promoter Holding | 82.09% |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Core4 Engineers IPO is a SME IPO of 58,94,400 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Core4 Engineers IPO open and close dates are not available as of now.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Core4 Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Core4 Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Core4 Engineers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Core4 Engineers IPO dates are not announced. Please check back again after some time.
Core4 Engineers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Core4 Engineers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Core4 Engineers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Core4 Engineers IPO allotment status.
The Core4 Engineers IPO listing date is not yet announced. The tentative date of listing is .
