Commtel Networks Ltd. IPO Details
Commtel Networks was incorporated on July 31, 1998. The company is a specialized engineering and technology firm with 26 years of experience in designing and implementing integrated telecommunication, security, and safety (iTSS) systems for critical national infrastructure (CNI), focusing on the oil & gas and power sectors. CNI includes essential physical and ICT infrastructure across sectors like energy, finance, telecom, transportation, healthcare, defence, and government operations
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹9,000.0 M | DRHP DOC |
Commtel Networks issue details
Commtel Networks IPO issue size is ₹ 9,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Commtel Networks IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Commtel Networks NUMBER OF SHARES ON OFFER
Commtel Networks FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 639.3 | 113.6 | 29.3 | 20.5 | 21.1% |
| FY24 | 456.9 | 47.5 | 21.0 | 13.0 | 14.7% |
| FY23 | 412.3 | 60.1 | 44.2 | 36.2 | 17.4% |
Commtel Networks INFORMATION ON IPO ISSUE
About Commtel Networks
Commtel Networks was incorporated on July 31, 1998. The company is a specialized engineering and technology firm with 26 years of experience in designing and implementing integrated telecommunication, security, and safety (iTSS) systems for critical national infrastructure (CNI), focusing on the oil & gas and power sectors. CNI includes essential physical and ICT infrastructure across sectors like energy, finance, telecom, transportation, healthcare, defence, and government operations
Object of the Issue
- Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Commtel Networks - PROMOTERS
| Name |
|---|
| Shriprakash R. Pandey |
| Dinesh Pandey |
Commtel Networks - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Shriprakash R. Pandey | Chairman & Managing Director |
| Dinesh Pandey | Whole-Time Director |
| Satish Pookulangara | Non-Executive Director |
| Mrugank Paranjape | Non-Executive Independent Director |
| Gajendra Singh | Non-Executive Independent Director |
| Sandra Martyres | Non-Executive Independent Director |
Commtel Networks Book Running Lead Manager
Equirus Capital Private Limited
commtel.ipo@equirus.com
DAM Capital Advisors Limited
commtel.ipo@damcapital.in
Commtel Networks Registrar to the Offer
MUFG Intime India Private Limited
commtelnetworks.ipo@in.mpms.mufg.com
Commtel Networks Strengths
Implementation capabilities
The company leverages centralized technical capabilities and regional EPC partnerships to deliver consistent, high-quality solutions globally while meeting local regulations and business practices. Strategic time zone alignment between India and UAE operations enables real-time collaboration with customers across the GCC
OEM relationships
The company relies on strategic OEM partnerships and a stringent vendor qualification process to ensure quality control in critical national infrastructure projects. These collaborations enable safe, reliable, and technologically advanced solutions while mitigating operational, environmental, and economic risks
Design handling experts
With 26 years of experience in the oil, gas, and power sectors and 463 customers served as of March 31, 2025, the company is well-equipped to meet complex CNI project requirements. Its vendor-agnostic integration approach offers clients flexibility, access to the latest technologies, and competitive pricing
Commtel Networks Risks
Working capital intensive
The company’s operations are working capital intensive, requiring substantial funds for project execution, guarantees, and vendor payments. Any shortfall in working capital could delay projects, affect contract fulfillment, and impact revenue and profitability
Foreign exchange risk
The company conducts significant business in multiple foreign currencies, and fluctuations in exchange rates may materially impact profitability and margins. Fixed-rate, multi-year contracts can further amplify the effect of currency appreciation against the Indian rupee
Inflation risks
Rising inflation in the countries of operation can increase costs such as salaries, transportation, and other expenses, potentially reducing profits. If the company cannot pass these costs to customers, it may negatively affect business performance, financial condition, and cash flows
IPO FAQs
The promoters of the company are Shriprakash R. Pandey and Dinesh Pandey.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.