Current Infraprojects IPO

About Current Infraprojects IPO

Current Infraprojects IPO is a book-built issue worth ₹41.80 crore. The IPO consists entirely of a fresh issue of 52.25 lakh equity shares. The IPO opens for subscription on August 26, 2025, and closes on August 29, 2025. The allotment is expected to be finalised on September 1, 2025, with tentative listing on NSE SME scheduled for September 3, 2025.

The IPO is priced in a band of ₹76 – ₹80 per share. Retail investors must apply for a minimum of 2 lots comprising 3,200 shares, requiring an investment of ₹2,56,000 at the cutoff price. HNI investors must apply for a minimum of 3 lots (4,800 shares), amounting to ₹3,84,000.

Holani Consultants Private Limited is the book-running lead manager to the issue, and Bigshare Services Private Limited is the registrar. Holani Consultants Private Limited also acts as the market maker for the issue.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Current Infraprojects IPO RHP.

Industry Outlook

1. India’s infrastructure sector is undergoing a significant transformation, driven by rapid urbanisation, increased foreign investment, and strategic government initiatives. The sector encompasses a wide array of sub-domains including roads, railways, airports, ports, water supply, and renewable energy, all of which are critical to the nation’s economic development.
2. Government programmes such as the Smart Cities Mission and the National Infrastructure Pipeline have emerged as game-changers, catalysing growth and modernisation across urban and semi-urban regions. These initiatives aim to enhance connectivity, improve public services, and foster sustainable development, thereby creating robust demand for engineering, procurement, and construction (EPC) services.
3. India’s projected GDP growth of 8% over the next three fiscal years, as estimated by S&P Global Ratings, positions it among the fastest-growing major economies. This economic momentum is expected to fuel infrastructure expansion, particularly in sectors like solar energy, water management, and civil construction. Strategic collaborations, such as the India–Japan Coordination Forum for infrastructure development in the North-East, further underscore the sector’s global relevance and investment potential.
4. The competitive landscape is diverse, with large domestic and international players vying for high-value contracts. Cost efficiency, timely execution, and technological integration remain key differentiators. Companies offering turnkey EPC solutions and project management consultancy services are well-positioned to capitalise on the sector’s growth trajectory.

Current Infraprojects IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Invest in Renewable Energy Infrastructure by subscribing to equity in its wholly owned subsidiary, Current Infra Dhanbad Solar Private Limited. This investment will support the development of a 1800 KW solar power plant under the RESCO model at the Indian Institute of Technology (Indian School of Mines), Dhanbad, Jharkhand. The project aims to enhance the company’s presence in the clean energy sector and contribute to sustainable infrastructure development.
2. Augment Working Capital Requirements to support the company’s expanding operations across its core EPC verticals—Solar, Electrical, Water, and Civil. This infusion will enable the business to manage project execution more efficiently, maintain optimal inventory levels, and strengthen vendor and client relationships.
3. Support General Corporate Purposes, including administrative expenses, brand building, and strategic initiatives that reinforce the company’s market positioning and long-term growth prospects. These funds will also be used to improve operational resilience and explore new business opportunities.
4. Enhance Corporate Governance and Market Visibility through listing on the NSE Emerge platform. The public listing is expected to improve transparency, attract institutional interest, and facilitate future capital raising for expansion and diversification.

About Current Infraprojects Limited

Current Infraprojects Limited was originally incorporated as Current Infraprojects Private Limited on 31 December 2013 under the Companies Act, 1956. Pursuant to a resolution passed at the Extraordinary General Meeting held on 01 February 2025, the company was converted into a public limited entity and renamed Current Infraprojects Limited. A fresh certificate of incorporation was issued on 06 March 2025 by the Central Processing Centre, bearing Corporate Identification Number U42900RJ2013PLC044719.

The company is engaged in infrastructure construction, development and management, offering turnkey Engineering, Procurement, and Construction (EPC) solutions across Solar, Electrical, Water and Civil domains. Its services encompass interior design, structural development, road furniture installation, and sewage system construction, catering to residential, commercial and industrial clients.

Current Infraprojects also provides specialised Engineering Consulting Services in Mechanical, Electrical and Plumbing (MEP) systems, alongside Project Management Consultancy (PMC). The company has successfully executed projects for prominent retail brands such as FBB and Reliance Trends, and continues to deliver customised infrastructure solutions that meet stringent safety and regulatory standards.

Headquartered in Jaipur, Rajasthan, the company operates across multiple states in India, with a growing footprint in both urban and rural regions. Its business development is driven by direct client engagement, referrals and repeat contracts, supported by a reputation for quality execution and cost-effective delivery.

How To Check the Allotment Status of the Current Infraprojects IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Current Infraprojects IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Current Infraprojects IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Current Infraprojects IPO

Registered Office: A-27, Basant Vihar, Vaishali Marg (West), Panchyawala, Jaipur – 302034, Rajasthan, India.

Phone: +91 141 6762066
E-mail: cs@currentinfra.com