Tuesday, October, 20,2026

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Core4 Engineers Limited IPO Opens on Friday, October 23, 2026

Mumbai (Maharashtra) [India], October 20: Core4 Engineers Ltd is an integrated EPCC company providing solutions across Railway Electrification, EHT Transmission & Distribution, Water & Wastewater Treatment, Automation & SCADA, and HT/LT Distribution Panels along with related services, proposes to open its Initial Public Offering on Friday, October 23, 2026 aiming to raise ₹ 54.82 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.

  • Total Issue Size - Up To 58,94,400 Equity Shares of ₹ 10 each

  • IPO Size - ₹54.82 Crore (At Upper Price Band)

  • Price Band - ₹88 - ₹93 Per Equity Share

  • Lot Size – 1,200 Equity Shares (Minimum Application Size 2 Lots i.e. 2,400 Equity Shares)

The issue size is upto 58,94,400 equity shares with a face value of ₹ 10 each with a price band of ₹88 - ₹93 Per Equity Share.

Equity Share Allocation

  • QIB Portion – Not more than 50% of the Net Issue

  • Non-Institutional Investors - Not less than 15% Of the Net Issue

  • Individual Bidders - Not less than 35% of the Net Issue

  • Market Maker - Upto 7,20,000 Equity Shares

The net proceeds from the IPO will be utilized for 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 facility and corporate office, Funding incremental working capital requirements and General corporate purposes. The anchor bidding is on Thursday, October 22, 2026. The issue will open on Friday, October 23, 2026 and will close on Tuesday, October 27, 2026.

The Book Running Lead Manager to the Issue is Socradamus Capital Private Limited and the Registrar is Purva Sharegistry (India) Private Limited.

Mr. Agrahara Chamaraje Gowda Abhinandan, Managing Director of Core4 Engineers Limited expressed, “Our journey began in 2014 with a vision to build a reliable and technically capable engineering enterprise. Over the years, the company has evolved from a partnership firm into an integrated infrastructure solutions provider, establishing capabilities across railway electrification, power transmission and distribution, water and wastewater treatment, and automation systems. This journey has been driven by our commitment to engineering excellence, quality execution, and building lasting relationships with our customers.

Our upcoming IPO marks a significant milestone in this journey and represents an important step towards our next phase of growth. The proceeds from the fresh issue will be utilised towards acquiring property for a proposed new manufacturing facility and corporate office, strengthening our working capital base, and supporting general corporate purposes. We believe these investments will enhance our operational capabilities, improve project execution efficiency, and enable us to pursue larger and more complex infrastructure opportunities.

As India continues to accelerate its infrastructure development and modernisation, we see significant opportunities ahead across our core business segments. With the IPO providing a stronger foundation for our next phase of expansion, we aim to enhance our execution capabilities, broaden our market presence, and undertake projects of greater scale and complexity. We are confident that this milestone will serve as a catalyst for our long-term growth ambitions, enabling Core4 Engineers Limited to strengthen its position in India's evolving infrastructure landscape and contribute meaningfully to the nation's development journey.”

Mr. Priyesh Jain, Director of Socradamus Capital Private Limited said “Core4 Engineers Limited has demonstrated a progressive growth journey, evolving from a partnership firm established in 2014 into an integrated engineering and infrastructure solutions provider. Over the years, the company has developed diversified capabilities across railway electrification, power transmission and distribution, water and wastewater treatment, and automation systems, supported by its in-house manufacturing capabilities and project execution expertise.

The upcoming IPO represents an important milestone in the company's growth journey. The proceeds from the fresh issue are expected to strengthen the company's operational foundation by supporting the establishment of a new manufacturing facility and corporate office, enhancing its production capabilities, and providing additional working capital to facilitate timely procurement, efficient project execution, and the ability to undertake larger and more complex infrastructure contracts. These investments are expected to improve operational efficiency, support business scalability, and create a stronger foundation for future expansion.

With India's continued focus on infrastructure development, railway modernisation, power sector expansion, and sustainable water management, the company operates in sectors offering significant long-term opportunities. We believe the company's diversified business model, integrated engineering capabilities, and strategic growth initiatives position it to capitalise on emerging opportunities, strengthen its competitive position, and build a scalable foundation for sustained long-term growth.”

About Core4 Engineers Limited:

Core4 Engineers Limited is an integrated Engineering, Procurement, Construction
and Commissioning (EPCC) company operating across critical infrastructure sectors including railway electrification, power transmission and distribution, water and wastewater treatment, and automation systems.

The Company combines multi-disciplinary project execution capabilities with in-house manufacturing of HT/LT electrical panels and compact substations, enabling to offer customized, reliable, and cost-efficient products that complement the EPCC activities. With a strong execution track record across government, Public Sector Undertakings and institutional clients, Core4 Engineers has evolved into a scalable infrastructure solutions platform aligned with India’s long-term capex-led growth in railways, power, and urban infrastructure.

In FY26, the Company achieved a Revenue of ₹9,133.83 Lakhs, EBITDA of ₹1,830.40 Lakhs & PAT of ₹1,236.61 Lakhs.

For the three-months period ended June, 2026, The Company achieved a Revenue of ₹4,565.18 Lakhs, EBITDA of ₹908.47 Lakhs & PAT of ₹616.67 Lakhs.

Disclaimer:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.


 

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Daily Astro

20-10-2026

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Aries

Ganesha says it will be an important day for you, Aries. Your energy and confidence are ready to take you to new heights. Today you will be able to express your thoughts with clarity, which will increase your communication skills. New opportunities may arise in the working areas, which you have to be ready to take advantage of. In social life, you can make new meetings, which will prove beneficial for you in the future. This day will be good for solving family issues, and you will be able to establish better relations with your close ones. In the field of health, take care of your routine and resort to yoga or meditation to relieve mental stress. Controlling your expenses will be a smart move, as any sudden financial need may arise. Overall, this day is for you to stay positive, just use your insight and energy properly.

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Pisces

Ganesha says it is going to be a positive day for you. Your sensitivity and intuition will flourish today, allowing you to establish better connections between yourself and others. It is time to connect with someone or refresh old memories. Try to communicate with people close to you, as it will strengthen your relationships. In the field of work, your creativity will be cyclical today. If you are working on a project, your ideas will be new and full of innovation. Do not be afraid to share your ideas, it will give you positive feedback from your colleagues. In terms of financial condition, avoid any big investments. Small expenses will prove to be justified but think well before making any big decisions for the long term. In terms of health, focus on a balanced diet and regular exercise. For mental health, practicing meditation or yoga will help keep you stress-free.

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Aquarius

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Capricorn

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Sagittarius

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Scorpio

Ganesha says today will be full of enthusiasm and energy. You will move towards achieving your goals, and your hard work will pay off. Social life will also be active; you will get a good chance to spend time with friends and family. In terms of health, take a little caution. Focusing on meditation and exercise will help reduce mental stress. This is also a good time to take up a new hobby, which can unleash your creativity. Take wise steps in terms of money. Make informed decisions while investing. For potential financial gains, take a look at past projects again. Your career is showing good signs of progress. Your ideas may be appreciated at the workplace, which will increase your confidence. Still, some issues may require restraint. Overall, today will prove to be positive and auspicious for you. Spend it with pride with your loved ones.

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Libra

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Virgo

Ganesha says today is a suitable day to highlight your cognitive abilities and business skills. Today, you will be full of clarity and precision in your actions, which will increase your value among your colleagues and superiors. There is a possibility of bringing some changes to your routine, which will bring positive results for you. This is a good time to improve relations with family members. Try to resolve any old disputes, and keep communication open. In terms of health, meditation and yoga will bring mental peace. Also, take some time out of your routine for exercise. From a financial point of view, this is the right time to make a good plan for the right investment. Take a good look at the options available to you and make a wise decision. Overall, today will prove to be a day of new possibilities and positive changes for you. Be full of confidence and stay focused on your goals.

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Leo

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Cancer

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Gemini

Ganesha says there will be a new energy and freshness in your thoughts, which will make your personality even more attractive. Social contacts are likely to increase, which will expand your network. You will be inspired to spend blissful time with your friends and family. Some positive changes can also be seen in the business sector. The results of your hard work will gradually start coming, and this will motivate you to move forward. Keep in mind that while sharing your ideology, work with empathy, this will strengthen your relationship with colleagues. It is important to be health conscious. A little attention and relaxation will give you mental freshness. Practicing yoga or meditation will be beneficial for you. This day will be full of positivity and new possibilities for you. Express your mind openly and do not hesitate to adopt new ideas.

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Taurus

Ganesha says it will prove to be a positive day for you, Taurus. You will feel energetic and full of confidence. The time has come to reap the fruits of your hard work and efforts. The workload may stress you for a while, but you will face all the challenges recognizing your strengths. Sweetness will also remain in your relationships. Spending time with your family and friends will be a source of joy for you. Conversation with someone special can give you a new vision and promote mutual understanding. A special occasion may be organized among friends or family, which will bring happiness and harmony to you. Moments spent with loved ones will give you mental peace. It is important to be health conscious. A little exercise or yoga will give peace to your mind and energy to your body. Your day will be full of happiness and positivity, just keep your thoughts and emotions balanced.

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20-10-2026