Core4 Engineers IPO is a book build issue of ₹54.82 crores. The issue is entirely a fresh issue of 58.94 lakh shares of ₹54.82 crore.
Core4 Engineers IPO opens for subscription on Oct 23, 2026 and closes on Oct 27, 2026. The allotment for the Core4 Engineers IPO is expected to be finalized on Oct 28, 2026. Core4 Engineers IPO will list on the BSE SME with a tentative listing date fixed as Oct 30, 2026.
Core4 Engineers IPO is set issue price band at ₹88 to ₹93 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,23,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,34,800.
Socradamus Capital Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd.
Incorporated in June 2014, Core4 Engineers Limited is an Engineering, Procurement, Construction and Commissioning (“EPCC”) company providing integrated infrastructure solutions across railway infrastructure, power transmission and distribution, and water and wastewater treatment. The Company offers end-to-end project execution capabilities covering design, engineering, procurement, construction, installation, testing, commissioning and operations and maintenance.The Company operates through five business segments: railway electrification and infrastructure, Extra High Tension (“EHT”) transmission and distribution systems, water and wastewater treatment EPCC, automation and Supervisory Control and Data Acquisition (“SCADA”) systems, and supply of High-Tension (“HT”) and Low-Tension (“LT”) distribution panels and related services.
Its railway infrastructure activities include overhead electrification, traction substations, station redevelopment, civil works and allied signalling and telecommunication interfaces. In power transmission and distribution, it undertakes turnkey projects involving substations, transmission lines and distribution networks up to 220 kV. Its water and wastewater division provides solutions for water treatment plants, sewage treatment plants and effluent treatment plants, supported by automation and process control systems.
The Company also designs and implements PLC-based automation and SCADA systems for railway, power and water infrastructure projects. Its in-house manufacturing facility produces HT/LT distribution and control panels, including VCB, PCC, MCC, APFC and PLC-based automation panels, as well as compact substations. This manufacturing capability complements its EPCC operations by supporting customization, cost efficiency, quality control and timely project execution. The Company also undertakes subcontracting assignments, providing on-ground execution support for engineering and infrastructure projects.
The Company serves government organizations, public sector undertakings, utilities, infrastructure contractors and private enterprises across India. Its business model combines multidisciplinary project execution, in-house design and engineering capabilities, panel manufacturing and vendor partnerships to deliver integrated infrastructure solutions.
As of June 30, 2026, the Company had a total workforce of 462 personnel, comprising 62 employees on its payroll and 400 floating labourers engaged primarily for project execution.
Competitive Strengths
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
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