Core4 Engineers Files for IPO on BSE SME Platform

New Delhi, Apr 2 (PTI) Mysuru-based Core4 Engineers, an EPCC company, has filed its draft papers with BSE's SME platform to raise funds through an initial public offering.

The Initial Public Offering (IPO) is entirely a fresh issue of up to 58.94 lakh equity shares with a face value of Rs 10 each, according to the Draft Red herring prospectus (DRHP) filed on March 29.

The net proceeds from the issue will be used in funding capital expenditure for the acquisition of a property comprising land and an existing building, proposed to be utilised for establishing and operating a new manufacturing unit and corporate office.

Funds will also be utilised by the company to fund its incremental working capital requirements, general corporate purposes and issue related expenses.

Core4 Engineers is an engineering, procurement, construction and commissioning (EPCC) firm providing integrated infrastructure solutions across multiple domains, with a primary focus on the railway infrastructure, power transmission & distribution.


The company's expertise spans the entire project lifecycle design engineering, procurement, erection, testing, commissioning, and operation & maintenance.

On the financial front, the company reported a revenue from operations of Rs 34.15 crore and Profit After Tax (PAT) of Rs 3.81 crore for the period ended March 31 2025.

For the six-month period ended September 30, 2025, Core4 Engineers posted a revenue of Rs 47.07 crore and PAT of Rs 6.05 crore.

The company's shares are proposed to be listed on the SME Platform of BSE Ltd.

Socradamus Capital Pvt Ltd is the sole book running lead manager while Purva Sharegistry (India) Pvt Ltd is the registrar for the public issue.