Core4 Engineers IPO

Upcoming SME
Min Investment
₹2,23,200
2400 Shares
Min Investment
₹2,23,200 · 2400 Shares
Next: Bidding opens in 3 days (Oct 23)
Price Band ₹88–93
Lot Size 1200 shares
Issue Size ₹55 Cr
Listing On BSE SME

Market Sentiment

GMP, subscription and the analysis score appear here once grey-market quotes and bidding begin. This section updates automatically.

IPO Details

Price Band₹88–93 per equity share
Face Value₹10 Per Equity Share
Lot Size 1200 shares (Min 2 lots · ₹2,23,200)
Total Issue Size ₹54.82 crore
Fresh IssueEntire issue — no offer for sale, so all proceeds go to the company
Issue TypeBook Building Issue
Lead Manager Socradamus Capital Pvt.Ltd.
Registrar Purva Sharegistry (India) Pvt.Ltd.
PromotersAgrahara Chamaraje Gowda Abhinandan, Hosahalli Appagigowda Savitha, Mahadevappa Tejus and Anala
Listing atBSE SME

IPO Reservation

Reservation details not available yet
This section updates automatically once data is available.

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,23,200
Retail Maximum 2 2,400 ₹2,23,200
S-HNI Minimum 3 3,600 ₹3,34,800
S-HNI Maximum 8 9,600 ₹8,92,800
B-HNI Minimum 9 10,800 ₹10,04,400

Return Estimator (GMP*)

2,400 shares
Min 2 lots Max 2 lots
₹
You invest ₹2,23,200 at ₹93/share
Est. listing value — GMP not available yet
Est. gain — Shows once GMP is reported
Allotment chance — Shows once bidding data is in

GMP (Rumour*) is unofficial grey-market data; the actual listing price may differ significantly. Allotment chance is an estimate from current subscription.

Financial Analysis

Financial Data

EPS (Pre)
₹2.59
ROE
30.31%
ROCE
23.98%
RoNW
20.37%
EBITDA Margin
19.98%
Debt/Equity
0.99
NAV/Share
₹12.72
Revenue Growth
2.88%
Profit Margin
11.01%

Financial Performance

2025 vs 2024 Revenue +2.9% Profit (PAT) +31.8% Total Assets +112.9%
Metric 2023 2024 2025 Sep 2025
Revenue 13.18 33.63 34.60 47.31
Expense 12.01 29.54 29.24 39.19
Profit (PAT) 0.84 2.89 3.81 6.05
Total Assets 14.61 31.99 68.10 77.35
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV
Core4 Engineers This IPO 2.59 - 20.37 12.72
K2 Infragen Limited 9.16 4.95 15.12 60.50
Peer median P/E 5.0x across 1 listed peer

Strengths & Risks

Strengths
  • Solid profit margin — 11.0%.
  • Strong return on equity — 30%.
Risks & Concerns
  • Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Core4 Engineers

Founded in 2022, Core4 Engineers is an EPCC company that offers integrated infrastructure solutions for railway infrastructure, power transmission & distribution, and water & wastewater treatment sectors. The company undertakes end-to-end project execution, from design, engineering, procurement, erection, testing, commissioning, and operation & maintenance (O&M). Its business verticals include railway electrification, railway infrastructure, power transmission and distribution, water and wastewater treatment, automation and SCADA systems, and HT/LT electrical panel manufacturing. The company undertakes infrastructure projects for Indian Railways, government-owned companies (PSUs), and other infrastructure contractors. Core4 Engineers operates its own in-house manufacturing facility for High-Tension (HT) and Low-Tension (LT) electrical panels and compact substations.

Company Contact Information

Core4 Engineers Ltd., Mathrushree No. 12,, 1st Floor, Near Ramana Maharshi Gyana Kendra,, Next to New court, K Block, Kuvempunagar, Mysuru, Karnataka, 570023

Objects of the Issue

Purpose Amount (Cr)
Funding capital expenditure for the acquisition of a property comprising land and an existing building, proposed to be utilized for establishing and operating a new manufacturing facility and corporate office; 4.12
Funding incremental working capital requirements; and 32.68
General Corporate Purpose -

Resources & Documents

Core4 Engineers IPO - Quick Take

Core4 Engineers has set a price band of Rs 88–Rs 93 per share for an issue size of Rs 55 crore. The SME issue is scheduled to open for subscription on October 23, 2026 — 3 days from now.

The issue is promoted by Agrahara Chamaraje Gowda Abhinandan, Hosahalli Appagigowda Savitha, Mahadevappa Tejus and Anala with Socradamus Capital Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards funding capital expenditure for the acquisition of a property comprising land and an existing building, proposed to be u… (Rs 4 crore) and funding incremental working capital requirements; and (Rs 33 crore).

On fundamentals, the company is posting revenue growth of 2.9%, a profit margin of 11.0%, return on equity of 30.3% in its most recent reported period. Listed peers in this segment include K2 Infragen Limited (P/E 4.95x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of Core4 Engineers IPO is Rs 88 to Rs 93 per share. Face value is Rs 10 per share.

The total issue size of Core4 Engineers IPO is Rs 55 crore, comprising fresh issue of Rs 55 crore.

The lot size of Core4 Engineers IPO is 1,200 shares. The minimum application is 2 lots (2,400 shares), requiring an investment of Rs 2,23,200.

Core4 Engineers IPO opens for subscription on October 23, 2026 and closes on October 27, 2026.

The expected allotment date for Core4 Engineers IPO is October 28, 2026. Refunds for unsuccessful applicants are expected on October 29, 2026. Shares are scheduled to be credited to demat accounts on October 29, 2026.

Core4 Engineers IPO is scheduled to list on October 30, 2026 on BSE.

The registrar for Core4 Engineers IPO is Purva Sharegistry (India) Pvt.Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Core4 Engineers IPO are Socradamus Capital Pvt.Ltd.

The promoter(s) of Core4 Engineers are Agrahara Chamaraje Gowda Abhinandan, Hosahalli Appagigowda Savitha, Mahadevappa Tejus and Anala.

You can apply for Core4 Engineers SME IPO online before 27 Oct 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,23,200 for 2 lots (2,400 shares). Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Core4 Engineers in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 2 lots of 1,200 shares each) and bid at the upper end of the price band — the cut-off price option is not available for SME IPOs. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

The full breakdown is on this page, and our How We Score IPOs guide explains the method. This is a summary of public data, not investment advice or a recommendation to apply. Read the RHP and consult a SEBI-registered investment adviser before investing.

Core4 Engineers IPO GMP — What It Means

No active grey market premium has been recorded for Core4 Engineers IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Core4 Engineers GMP history and trend, or learn how grey market premium works and how reliable it is.

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