Current Infraprojects IPO: Price, GMP, Analysis, And Details

Current Infraprojects IPO- Company Analysis 

Current Infraprojects IPO under the SME IPO category is a bookbuilding issue of Rs. 41.80 Cr by Current Infraprojects Ltd, which was incorporated in 2013 and is an infrastructure and renewable energy company and provides Civil, Mechanical, Electrical & water engineering services.

The business specializes in Engineering, Procurement, and Construction (EPC) services, offering full solutions for EPC contracts in the areas of solar, electrical, water, and civil, including road furniture and interior design, all on a fixed-sum turnkey basis.

By renting out a farmhouse property called YAHVI The Farmhouse, the business also provides hospitality services. The business has operations in 12 Indian states.

Current Infraprojects IPO Details

The Current Infraprojects IPO date is on 26 August 2025, and its initial public offering will end on 29 Aug with IPO allotment on Sep 01, and refund initiation on Sep 02, 2025.

The Rs. 41.80 crore new SME IPO comprises a wholly fresh issue of 0.52 crore Shares.

The Current Infraprojects IPO listing date (expected) might be on Wednesday, Sep 03, 2025, and listing at the NSE and SME. 

The Current Infraprojects IPO price band is Rs. 76 to Rs. 80.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Aug 26, 2025
IPO Closing Date	Aug 29, 2025
IPO Allotment Date	Sep 01, 2025
Refund Initiation	Sep 02, 2025
IPO Listing Date	Sep 03, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Period	31 Mar 2025 (Consolidated)
Total Assets	79.52
Total Revenue	91.33
PAT	9.45
EBITDA	14.75
Net Worth	23.73
Reserves & Surplus	10.23
Borrowings	30.60

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	(110.37)	(43.43)	(26.40)
Net Cash Flow Investing Activities	(1,827.21)	(252.68)	(153.21)
Net Cash Flow Financing Activities	1,938.97	300.57	171.67

 (Source: RHP)

Revenue Bifurcation

Revenue Contribution from various types of Services

 

Geography-wise Revenue Bifurcation

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Financing the company's working capital needs ~ Rs. 300 Mn.

• Infra Dhanbad Solar Private Limited, a fully owned subsidiary, is investing equity to establish a 1800 KW solar plant at the Indian Institute of Technology (Indian School of Mines), or IIT(ISM), in Dhanbad, Jharkhand, using the RESCO model. ~ Rs. 58.5 Mn.

• General Corporate Purposes. 

 

 

Listed Peers of Current Infraprojects Ltd.

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
K2 Infragen Limited	10	9.16	7.42
Oriana Power Limited	10	79.52	27.54
Kay Cee Enony A Infra Limited	10	15.57	21.35
Rulka Electricals Limited	10	5.46	23.06
H.M. Electro Mech Limited	10	7.88	8.55

 

Valuation

Metric	Value
ROE	49.75%
ROCE	26.49%
RoNW	39.84%
PAT Margin	10.40%
Price to Book Value	4.55
EBITDA Margin	16.23%
Debt/Equity	1.29

 

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2025 with an EPS of Rs. 7 from the last year, the resulting P/E ratio is 11.42x. When compared with the industry’s average P/E of 17.48x, it indicates an undervaluation (on a P/E ratio basis only). Hence, the price of the Share seems fairly priced for the investors.

Explore the Anondita Medicare IPO.

IPO's Strengths 

• EPC Player with Focus.

• Quality Assurance Lab with NABL Accreditation.

• Robust order book with recurring business and enduring relationships with customers.

 

 

IPO’s Weaknesses 

• High reliance on contracts with the Government.

• Businesses that require a lot of working capital.

• Risk of geographic concentration.

• Pressure from debt and liabilities.
  
  

Current Infraprojects IPO GMP (Grey Market Premium)

Current Infraprojects IPO GMP today is Rs. 27, as of 21 Aug 2025 at the time of writing this information. Hence, the Current Infraprojects IPO listing price (estimated) might be Rs. 107 (upper price + current GMP or grey market premium).

Current Infraprojects IPO Summary

The Current Infraprojects India IPO has a market maker portion size of 2,68,800 Shares (Rs. 2.15 Cr).

IPO Opening & Closing Date	26 Aug, 2025 to 29 Aug, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 76 to Rs. 80 per Share.
Lot Size	1600 Shares
Issue Size	52,25,600 Shares (Rs. 41.80 Cr)
Offer for Sale	-
Fresh Issue	52,25,600 Shares (Rs. 41.80 Cr)
Listing at	NSE, SME
Issue Type	BookbuildingIPO
Registrar	Bigshare Services Pvt. Ltd.

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (3200 Shares) for Rs. 2,56,000 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (4800 Shares) for Rs. 3,84,000.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Current Infraprojects IPO Allotment Status

To check the Current Infraprojects IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of Current Infraprojects Ltd.

• Mr. Sunil Singh Gangwar

• Mrs. Sujata Gangwar

• Mr. Satyavrat Singh

• Mr. Devvrath Singh. 

Pre-Issue Promoter Shareholding	96.96%
Post-Issue Promoter Shareholding	70.50%

 

IPO Lead Managers

• Holani Consultants Pvt. Ltd. 

 

 

Dividend Policy

The company has not paid a dividend in the last three financial years.

Conclusion

With solid financials and an inexpensive P/E ratio, the Current Infraprojects IPO offers development potential in the infrastructure and renewable energy sectors. The company exhibits long-term potential with its strong order book, NABL-accredited lab, and emphasis on EPC services. Investors should take into account its high working capital requirements, debt load, and reliance on government contracts.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.