
Core4 Engineers IPO
CORE4
Last updated on 25/10/2026 | 07:00 IST
Core4 Engineers IPO is a book built issue of ₹43,50,000 crores. The issue is entirely a fresh issue. The subscription opens on 23 Oct '26 and closes on 27 Oct '26, with the basis of allotment expected to be finalised on 28 Oct '26. The shares are scheduled to list on BSE with a tentative listing date fixed for 30 Oct '26. The price band is set at ₹88 to ₹93 per share with a minimum lot size of 1,200 shares. Socradamus Capital Pvt Ltd is the book-running lead manager, while Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Core4 Engineers IPO DRHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Core4 Engineers IPO Dates & Details
Open Date
23 Oct '26
Close Date
27 Oct '26
Allotment Date
28 Oct '26
Refund Date
29 Oct '26
Listing Date
30 Oct '26
Price Range
₹88 - ₹93
Min Investment
₹2,23,200
Lot Size
1,200
Listing at
BSE
IPO Document
Core4 Engineers IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 21,75,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 6,52,500 crores |
| Retail Individual Investors (RIIs) | 35% | 15,22,500 crores |
About Core4 Engineers Ltd IPO
Core4 Engineers IPO is a book-built issue of Rs 54.82 crores. The IPO comprises an entirely fresh issue of up to 58.94 lakh equity shares, with no offer for sale (OFS. The Core4 Engineers IPO subscription opens on October 23, 2026, and closes on October 27, 2026, with the basis of allotment expected to be finalised on October 28, 2026. The Core4 Engineers IPO shares are scheduled to list on the BSE SME platform, with a tentative listing date of October 30, 2026.
The Core4 Engineers IPO price band is set at Rs 88 to Rs 93 per share, with a minimum lot size of 2,400 shares. Socradamus Capital Private Limited is the book-running lead manager, while Purva Sharegistry (India) Private Limited is the registrar to the issue. For detailed information, investors can refer to the official Core4 Engineers Limited IPO Draft Red Herring Prospectus (DRHP).
About Core4 Engineers Limited
Core4 Engineers undertakes infrastructure projects across railway electrification and infrastructure, power transmission and distribution, and water and wastewater treatment. Its operations cover the project lifecycle, from design and engineering to procurement, installation, testing and commissioning, with associated operation and maintenance services. The Company also provides automation and SCADA solutions for infrastructure applications.
In addition to its project execution activities, the Company has an in-house manufacturing facility for High-Tension (“HT”) and Low-Tension (“LT”) electrical panels and compact substations. These products support its own project requirements as well as supplies to third-party customers. Its subsidiary, Core4 Energy Ltd., is also engaged in the manufacturing of electrical distribution and control panels, contributing to the Group’s product-based business activities.
The Company operates through five key business verticals:
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Railway Electrification and Infrastructure: Railway electrification, station redevelopment and allied civil and electrical works.
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EHT Transmission and Distribution: Turnkey transmission lines, substations and electrical infrastructure up to 220 kV.
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Water and Wastewater Treatment: EPCC solutions for water, sewage and effluent treatment plants and associated infrastructure.
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Automation and SCADA Systems: Automation, monitoring and control solutions for infrastructure and utilities.
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HT/LT Panels and Compact Substations: In-house manufacturing of electrical distribution and control panels, with installation and commissioning services.
Established as a partnership firm in 2014 and subsequently converted into a private limited company in 2022 under the Companies Act, 2013, Core4 Engineers is headquartered in Mysore, Karnataka.
As of September 30, 2025, the company employed 433 personnel, including employees and project-based workers.
Core4 Engineers IPO Strengths & Weaknesses
Diversified Infrastructure Expertise: Presence across railway infrastructure, power transmission, water treatment, automation and electrical manufacturing.
In-house Manufacturing and Cost Efficiency: In-house HT/LT panel manufacturing supports cost control and efficient project execution.
Quality Assurance and Testing: Comprehensive product testing and adherence to applicable quality and safety standards.
Technology-driven Solutions: Integration of SCADA, IoT and automation technologies to enhance operational efficiency and reliability.
Dependence on Government Customers: The Company’s significant revenue dependence on government and government-owned entities exposes it to risks relating to project awards, payments and policy changes.
Geographical Concentration: The Company’s substantial revenue concentration in Karnataka exposes it to regional economic, regulatory and other location-specific risks.
Supplier and Material Price Risks: The Company’s reliance on suppliers without long-term agreements exposes it to material price fluctuations and supply shortages.
Performance Guarantee Risks: The Company’s inability to arrange required performance guarantees or the invocation of such guarantees may adversely affect its cash flows and financial condition.
Core4 Engineers IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 43,50,000 shares (aggregating up to ₹2,23,200 crores) |
| Fresh Issue | 5,17,440 shares (aggregating up to ₹51,74,400 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 82.09 shares |
| Post-Issue Shareholding | 58.69 shares |
Core4 Engineers IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| 1,200 shares | 4,800 shares |
The lot size of Core4 Engineers ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Core4 Engineers IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Core4 Engineers IPO Contact & Registrar Details
Contact Details
Address
Mathrushree No12 1st Floor Near Ramana Maharshi Gyana Kendra Mysore
Phone Number
Website
Registrar Details
Registrar Name
Purva Sharegistry (India) Pvt.Ltd.
Phone Number
Core4 Engineers Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Socradamus Capital Pvt Ltd |


