Current Infraprojects IPO Details

Bookbuilding IPO | ₹42 Cr | Listed at NSE SME | Tue, Aug 26, 2025 - Fri, Aug 29, 2025

Current Infraprojects IPO Logo

Current Infraprojects IPO is a book build issue of ₹41.80 crores. The issue is entirely a fresh issue of 0.52 crore shares of ₹41.80 crore.

Current Infraprojects IPO bidding started from Aug 26, 2025 and ended on Aug 29, 2025. The allotment for Current Infraprojects IPO was finalized on Sep 1, 2025. The shares got listed on NSE SME on Sep 3, 2025.

Current Infraprojects IPO price band is set at ₹80 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,56,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,84,000.

Holani Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Holani Consultants Pvt.Ltd..

Refer to Current Infraprojects IPO RHP for detailed Information.

IPO Open

Tue, Aug 26, 2025

IPO Close

Fri, Aug 29, 2025

Issue Price

₹80 per share

Market Cap (Pre-IPO)

₹153.18 Cr

IPO Details

IPO Date26 to 29 Aug, 2025
Listed onWed, Sep 3, 2025
Face Value10 per share
Price Band₹76 to ₹80
Issue Price₹80 per share
Lot Size1,600 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size52,25,600 shares
(agg. up to ₹42 Cr)
Reserved for Market Maker
2,68,800 shares
(agg. up to ₹2 Cr)
Holani Consultants Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
49,56,800 shares
(agg. up to ₹40 Cr)
Net Offered to Public49,56,800 shares
(agg. up to ₹40 Cr)
Share Holding Pre Issue1,39,22,400 shares
Share Holding Post Issue1,91,48,000 shares
NSE Symbol CURRENT
ISININE1CRQ01014

IPO Timetable

Issue Reservation

Current Infraprojects IPO comprises a total issue size of 52,25,600 shares. The net offer to the public is 48,57,600 shares, after excluding 2,68,800 shares allotted on a firm basis and 99,200 shares under a preferential allotment. Of the Net offer 24,22,400 (49.87%) are allocated to QIB, 7,29,600 (15.02%) allocated to NII 17,05,600 (35.11%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 24,22,40049.87%46.36%
  − Anchor Investor Shares Offered 14,52,80027.80%
  − QIB (Ex. Anchor) Shares Offered 9,69,60018.55%
NII (HNI) Shares Offered 7,29,60015.02%13.96%
  − bNII > ₹10L 4,86,4009.31%
  − sNII < ₹10L 2,43,2004.65%
Retail Shares Offered 17,05,60035.11%32.64%
Preferential Reservations
Employee Shares Offered 99,2001.90%
Firm Reservations
Market Maker Shares Offered 2,68,8005.14%
Total Shares Offered 52,25,600100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 3,200 ₹2,56,000
Individual investors (Retail) (Max) 2 3,200 ₹2,56,000
S-HNI (Min) 3 4,800 ₹3,84,000
S-HNI (Max) 7 11,200 ₹8,96,000
B-HNI (Min) 8 12,800 ₹10,24,000
Employee (Min) 2 3,200 ₹2,56,000
Employee (Max) 3 4,800 ₹3,84,000
IPO Subscription Details

IPO Anchor Investors

Current Infraprojects IPO raises ₹11.62 crore from anchor investors. Current Infraprojects IPO Anchor bid date is August 25, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateMon, Aug 25, 2025
Shares Offered14,52,800
Anchor Portion (₹ Cr.)11.62
Anchor lock-in period end date for 50% shares (30 Days)Tue, Sep 30, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sat, Nov 29, 2025

Investor Category Reservations

Application Category Bidding Limits
Only Individual investor (retail) 2 lots
Only sNII 3 lots - 7 lots
Only bNII 8 lots and above
Only employee 2 lots - 3 lots
Employee + RII/NII
  • 1. Employee limit: 2 lots - 3 lots AND
  • 2. If applying as RII: 2 lots OR
  • 2. If applying as sNII: 3 lots - 7 lots OR
  • 2. If applying as bNII: 8 lots and above

* Bidding at cut-off price is not allowed for any category

About Current Infraprojects Ltd.

Established in 2013, Current Infraprojects Limited (CIPL) is an infrastructure and renewable energy company offering civil, mechanical, electrical, and water engineering services.

The company specializes in Engineering, Procurement, and Construction (EPC) services, providing comprehensive solutions in Solar, Electrical, Water, and Civil EPC contracts, including interior works and road furniture, all on a fixed-sum turnkey basis.

The company offers specialized Engineering Consulting in Mechanical, Electrical, and Plumbing (MEP) systems and Project Management Consulting (PMC) services.

The company also engages in hospitality services by leasing a farmhouse property known as YAHVI The Farmhouse.

The company operates in 12 states in India.

As of July 31, 2025, the company has completed projects totaling Rs 23,209.06 Lakhs.

As of July 31, 2025, the company had 108 permanent employees.

Competitive Strength:

  • Focused EPC Player
  • NABL Accreditation Quality Assurance Lab.
  • Strong Order Book with Repeat Orders and Long-Standing Relations with Clientele.

Company Financials (Restated Consolidated)

Period Ended31 Mar 2025
Assets79.52
Total Income91.33
Profit After Tax9.45
EBITDA14.75
NET Worth23.73
Reserves and Surplus10.23
Total Borrowing30.60
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Investment in Equity of the 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 5.85
2 Funding the working capital requirement of the company 30.00
3 General corporate purposes 2.69

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)6.794.94
P/E (x)11.7816.19
Promoter Holding96.96%70.5%
Market Cap153.18 Cr.
The Promoters of the Company are Mr. Sunil Singh Gangwar, Mrs. Sujata Gangwar, Mr. Satyavrat Singh and Mr. Devvrath Singh.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
CIL is largely engaged in EPC contracts across Solar, Electrical and Water EPC works. It has posted growth in its top and bottom lines for the reported periods. As of July 31, 2025, it had an order book worth Rs. 280+ cr. Based on recent financial data the issue appears aggressively priced. Well-informed investors may park funds for medium to long term
Read detail review...

Current Infraprojects IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0000
Members0000

Current Infraprojects IPO Subscription Status (Bidding Detail)

The Current Infraprojects IPO is subscribed 379.44 times on August 29, 2025 6:19:59 PM (Day 3). The public issue subscribed 396.50 times in the individual investors category, 191.77 times in the QIB category, and 640.48 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB (Ex Anchor)191.779,69,60018,59,39,200143
NII*640.487,29,60046,72,91,20045,877
    bNII (bids above ₹10L)756.644,86,40036,80,30,400
    sNII (bids below ₹10L)408.142,43,2009,92,60,800
Individual Investors396.5017,05,60067,62,68,8002,11,334
Total379.4435,04,0001,32,95,66,4002,57,369

Total Application : 2,57,369

*Market Maker portion is not included to NII/HNI.

Current Infraprojects Ltd. Financial Information (Restated Standalone)

Period Ended (In Crore)

Mar 31, 2023

Mar 31, 2024

Assets

35.65

42.07

Total Income

61.06

77.73

Profit After Tax

1.49

5.09

EBITDA

3.31

8.31

Net Worth

9.19

14.27

Reserves and Surplus

6.19

5.27

Total Borrowing

8.83

12.18

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to the Book Running Lead Manager for managing the Issue 0.37
2 Fees payable to the Book Running Lead Manager for Underwriting the Issue 2.09
3 Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by IBs and brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their Sub-Syndicate Members), Registered Brokers, RTAs and CDPs 0.03
4 Advertising and marketing expenses 0.27
5 Fees payable to the Legal Advisors 0.03
6 Fees payable to the Registrar to the Issue 0.06
7 Fees payable to the to the regulators including Stock Exchanges 0.27
8 Printing and distribution of Issue stationary 0.01
9 Others (Bankers to the Issue, auditor’s fees etc.) 0.14

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price80.00
Open152.00
Low144.40
High159.60
Last Trade152.75

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Current Infraprojects Ltd. Address
A-27, Basant Vihar
Vaishali Marg
(West), Panchyawala
Jaipur, Rajasthan, 302034
Open an Instant Account with Zerodha

IPO FAQs

Current Infraprojects IPO is a SME IPO of 52,25,600 equity shares of the face value of ₹10 aggregating up to ₹42 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600.

The IPO opens on Tue, Aug 26, 2025, and closes on Fri, Aug 29, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Current Infraprojects IPO using UPI as a payment gateway. Zerodha customers can apply in Current Infraprojects IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Current Infraprojects IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Current Infraprojects IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Current Infraprojects IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025.

Current Infraprojects IPO lot size is 1600, and the minimum amount required for application is ₹2,56,000, with 2 lots being the minimum application size.

You can apply in Current Infraprojects 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 Current Infraprojects IPO will be done on Monday, September 1, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 2, 2025. Check the Current Infraprojects IPO allotment status.

The Current Infraprojects IPO listing date is on Wed, Sep 3, 2025.

Compare: