Inspros Engineers IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Inspros Engineers IPO Logo

Inspros Engineers Ltd has filed a Draft Red Herring Prospectus (DRHP) with the exchange on to raise funds through Initial Public Offer (IPO).

Inspros Engineers Ltd IPO is a Book Build Issue of 0.58 crore equity shares consisting of a fresh issue of upto 0.47 crore equity shares and an offer for sale (OFS) of upto 0.11 crore equity shares.

The equity shares are proposed to be listed on the NSE SME. Unistone Capital Pvt.Ltd. is the book running lead manager and MUFG Intime 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 Inspros Engineers IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size58,21,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 47,00,000 shares
(agg. up to ₹[.] Cr)
Offer for Sale11,21,000 shares of ₹10
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,67,59,340 shares
Share Holding Post Issue2,14,59,340 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeTue, Jul 29, 2025
SEBI/Exchange approval received

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer

About Inspros Engineers Ltd

Incorporated in November 1983, Inspros Engineers Ltd is an established electrical engineering company engaged in the manufacturing of equipment, components, and subassemblies primarily used in railway, industrial machinery, electrical measurement and control equipment, electric power systems, and electric vehicles.

The company manufactures a variety of products, including traction control gear, busbars for electrical cabinets used in electric locomotives and metro trainsets, solenoids for circuit breakers and switchgears, non-condenser bushings for HV capacitors, and disconnecting actuators for electric vehicles.

With a global footprint spanning over 22 countries, including the USA, Canada, Germany, France, Italy, Australia, and the UAE, the company serves reputed clients who are industry leaders in both domestic and international markets.

The company operates through two modern manufacturing units located at Bhopal, Madhya Pradesh.

These facilities offer strategic benefits such as efficient logistics, resource optimisation, and cost-effective production.

Products:

Products for Power Grid Infrastructure:

  • Electromagnetic Linear Actuator for Vacuum Circuit Breakers
  • Shock Absorbers / Dash Pots
  • HV Capacitor Components

Products for Railways:

  • Switchgears for Railway Rolling Stock (Locomotives / Metros)
  • Bus Bars
  • Lighting and Switchgear Parts

Products for Electric Vehicles:

  • Electric Actuators

As of May 31, 2025, the company employed approximately 202 personnel across its units.

The company is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality, environmental management, and occupational health and safety.

Competitive Strengths:

  • Strong Government Support: Initiatives like Saubhagya, DDUGJY, and the Smart Cities Mission are driving demand for electrical infrastructure.
  • High Demand in Industrial Sectors: Increased investments in metro rails, renewables, EVs, and real estate are boosting the need for control systems and switchgears.
  • Technological Modernisation: The adoption of smart meters and Industry 4.0 tools is driving innovation.
  • Industry Leaders: Key players such as L&T, Siemens India, ABB, and Kirloskar Electric create a competitive and advanced sector.

Company Financials (Restated)

Inspros Engineers Ltd's revenue increased by 49% and profit after tax (PAT) rose by 52% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets84.8965.3051.05
Total Income94.1363.1952.87
Profit After Tax15.9710.499.37
EBITDA24.8916.6514.21
NET Worth71.8854.6344.69
Reserves and Surplus55.1254.5344.59
Total Borrowing2.783.990.95
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 Funding capital expenditure requirements towards purchase of machinery, equipment and civil work in the existing manufacturing facilities 16.80
2 Funding working capital requirements of the Company 30.00
3 General Corporate Purposes

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE22.22%
ROCE30.00%
Debt/Equity0.04
RoNW22.22%
PAT Margin17.50%
EBITDA Margin27.27%
Pre IPOPost IPO
Promoter Holding99.15%
The promoters of the company are Parth Pande, Vivek Bhatia and Parag Agarwal.

IPO Registrar

MUFG Intime India Pvt.Ltd.

  • +91-22-4918 6270
  • insprosengineering.smeipo@in.mpms.mufg.com
  • Visit Website

Contact Details

Inspros Engineers Ltd Address
126 Sector-A
Industrial Area Mandideep,
Bhopal, Madhya Pradesh, 462046
Open an Instant Account with Zerodha

IPO FAQs

Inspros Engineers IPO is a SME IPO of 58,21,000 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 Inspros Engineers IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Inspros Engineers 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 'Inspros Engineers 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 Inspros Engineers IPO dates are not announced. Please check back again after some time.

Inspros Engineers IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Inspros 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 Inspros Engineers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Inspros Engineers IPO allotment status.

The Inspros Engineers IPO listing date is not yet announced. The tentative date of listing is .

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