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

Segmental Infrastructure Development Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.45 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Share India Capital Services Pvt.Ltd. is the book running lead manager and Bigshare Services 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 Segmental Infrastructure 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 | 45,30,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 45,30,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,26,29,670 shares |
| Share Holding Post Issue | 1,71,59,670 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Tue, Jan 6, 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 2009, Segmental Infrastructure Development Limited is engaged in the Engineering & Project Management Consulting Services in the Infrastructure sector, specializing in Roads & Highways, Tunnels & Bridges, Railways amongst other such public transport and mobility areas.
The company provides a range of consultancy services on around 20 projects in the area of Highways, Bridges, Tunnels, Railways amongst other such public transport and mobility areas.
Services:
Competitive Strengths:
Segmental Infrastructure Development Ltd.'s revenue increased by 3% and profit after tax (PAT) dropped by 22% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 92.57 | 74.05 | 58.90 |
| Total Income | 87.16 | 84.86 | 63.36 |
| Profit After Tax | 5.70 | 7.34 | 5.87 |
| EBITDA | 10.14 | 9.40 | 7.70 |
| NET Worth | 57.05 | 44.55 | 37.17 |
| Reserves and Surplus | 44.42 | 44.15 | 36.81 |
| Total Borrowing | 23.47 | 14.70 | 5.46 |
| 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 requirement for purchase of an equipment | 7.84 |
| 2 | Funding Working Capital Requirement of the Company | 14.50 |
| 3 | General Corporate Expenses |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 11.39% |
| ROCE | 11.51% |
| RoNW | 11.39% |
| PAT Margin | 6.77% |
| EBITDA Margin | 11.87% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Segmental Infrastructure IPO is a SME IPO of 45,30,000 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 Segmental Infrastructure IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Segmental Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in Segmental Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Segmental Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Segmental Infrastructure IPO dates are not announced. Please check back again after some time.
Segmental Infrastructure IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Segmental Infrastructure 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 Segmental Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Segmental Infrastructure IPO allotment status.
The Segmental Infrastructure IPO listing date is not yet announced. The tentative date of listing is .