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Current Infraprojects SME IPO

Current Infraprojects came to market through an SME IPO that opened on 26 August 2025 and closed on 29 August 2025, and the shares listed on 3 September 2025 on NSE SME. The price band was ₹76 to ₹80 per share and one lot was 1600 shares, so the minimum application was ₹1,28,000. The issue size was ₹41.8 crore. The whole issue was fresh shares, so the money raised went to the company.

Bigshare Services Pvt Ltd was the registrar to the issue, and Holani Consultants Pvt Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹76 to ₹80
Lot size
1600 shares
Minimum investment
₹1,28,000
Face value
₹10 per share
Issue size
₹41.8 crore
Fresh issue
52,25,600 shares (aggregating up to ₹41.8 crore)
Listing at
NSE SME
Registrar
Bigshare Services Pvt Ltd
Lead managers
Holani Consultants Pvt Ltd
Promoter holding before the issue
96.96%
Promoter holding after the issue
70.50%

Timeline

Opens
26 August 2025
Closes
29 August 2025
Allotment
1 September 2025
Listing
3 September 2025

Subscription status by day

Day
1
2
3

About Current Infraprojects

Founded in 2013, Current Infraprojects Limited (CIPL) is a renewable energy and infrastructure firm with civil, mechanical, electrical, and water engineering service provision.Specializing in Engineering, Procurement, and Construction (EPC) services, the company provides turnkey solutions on a fixed-sum basis in Solar, Electrical, Water, and Civil EPC contracts, encompassing interior works and road furniture.

The company provides niche Engineering Consulting in Mechanical, Electrical, and Plumbing (MEP) systems and Project Management Consulting (PMC) services.The company also provides hospitality services by renting a farmhouse property named YAHVI The Farmhouse. The company has business operations in 12 states of India.As on July 31, 2025, the company has completed projects worth Rs 23,209.06 Lakhs. As of July 31, 2025, the company employed 108 permanent staff.

As described in the offer document.

Objects of the issue

  • Investment in Equity of our 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
  • Funding the working capital requirement of the company
  • General corporate purposes

Financials (₹ crore)

Metric31-Mar-25

Promoters

Mr. Sunil Singh Gangwar, Mrs. Sujata Gangwar, Mr. Satyavrat Singh, Mr. Devvrath Singh. Promoter holding 96.96% before the issue and 70.50% after.

Application sizes

Individual (min)
2 lots, 3200 shares, ₹2,56,000
Individual(max)
2 lots, 3200 shares, ₹2,56,000
NII (min)
3 lots, 4800 shares, ₹3,84,000

Valuation

EPS Pre IPO
₹6.79
EPS Post IPO
₹4.94
P/E Pre IPO
11.78
P/E Post IPO
16.19
ROE
49.75%
ROCE
26.49%
RoNW
39.84%
PAT Margin
10.40%
Debt/Equity
1.29
Price/Book
4.55

Registrar and allotment status

Registrar
Bigshare Services Pvt Ltd
Allotment status
https://ipo.bigshareonline.com/ipo_status.html
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Current Infraprojects SME IPO

What is Current Infraprojects IPO?

Current Infraprojects IPO was a ₹41.8 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹76–₹80 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,56,000). The IPO was open from August 26 to August 29, 2025 and was subscribed 379.5x. Shares listed on NSE SME on September 3, 2025 at ₹152, a 90.0% premium to the issue price of ₹80. Bigshare Services Pvt Ltd is the registrar.

Holani Consultants Pvt Ltd is the book running lead manager.

What is the price band of Current Infraprojects IPO?

The price band of Current Infraprojects IPO is ₹76 to ₹80 per share.

What is the lot size of Current Infraprojects IPO?

The lot size of Current Infraprojects IPO is 1600 shares.

What is the minimum investment for Current Infraprojects IPO?

The minimum investment for Current Infraprojects IPO is approximately ₹2,56,000 based on the upper price band.

What is the allotment date of Current Infraprojects IPO?

The allotment date of Current Infraprojects IPO is Sep 1, 2025.

What was the GMP of Current Infraprojects IPO before listing?

Current Infraprojects IPO's final recorded GMP before listing was ₹35 per share (a 44% premium over the ₹80 upper price band). The shares listed at ₹152. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Current Infraprojects IPO allotment status?

You can check Current Infraprojects IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Current Infraprojects IPO allotment status on Rupix for quick and easy access.

What was the price band of the Current Infraprojects SME IPO?

₹76 to ₹80 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Current Infraprojects SME IPO?

One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,28,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Current Infraprojects SME IPO?

₹1,28,000, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Current Infraprojects SME IPO open and close?

It opened on 26 August 2025 and closed on 29 August 2025.

When was the allotment of the Current Infraprojects SME IPO?

The basis of allotment was published on 1 September 2025 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.

When did Current Infraprojects list on NSE SME?

The shares listed on 3 September 2025 on NSE SME.

How large was the Current Infraprojects SME IPO?

The issue size was ₹41.8 crore. The fresh issue was 52,25,600 shares (aggregating up to ₹41.8 crore).