Core4 Engineers IPO Details: Core4 Engineers is planning to raise funds via an IPO. Core4 Engineers has unveiled plans to list its shares through an IPO. Core4 Engineers has already sought SEBI approval to launch its IPO.
Core4 Engineers has now filed the required papers with SEBI to launch IPO and list its shares.
Core4 Engineers is a Mysuru-based EPCC company. Core4 Engineers didn't reveal how much funding it is looking to raise via IPO.
Core4 Engineers IPO Details: Fresh Issue
Core4 Engineers IPO will be a completely fresh issue of shares. As per the details available, Core4 Engineers IPO will list 58.94 lakh shares. Core4 Engineers shares will carry a face value of Rs 10.
Core4 Engineers said that the funds raised via IPO will be used for various purposes. Core4 Engineers will use funds for the acquisition of a property. The targeted property has a land and a building.
Core4 Engineers said that the acquired property will be used to set up a new manufacturing unit. Besides, the property will also have a corporate office of Core4 Engineers.
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Apart from this, Core4 Engineers said that the fund will be used for incremental working capital requirements and meet general corporate purposes.
Core4 Engineers IPO Registrar | Core4 Engineers IPO Details
Core4 Engineers has appointed Socradamus Capital as the book running lead manager. Core4 Engineers IPO registrar will be Purva Sharegistry (India) Pvt Ltd.
Core4 Engineers IPO Details: Financials
In FY2025, Core4 Engineers had clocked a revenue of Rs 34.15 crore and reported a profit of Rs 3.81 crore.
Core4 Engineers is an engineering, procurement, construction and commissioning (EPCC). Core4 Engineers provides integrated infrastructure solutions across multiple domains, with a primary focus on the railway infrastructure, power transmission & distribution.
