J Infratech Ltd. IPO Details

J Infratech was incorporated on April 1, 2005. The company is an integrated EPC infrastructure player focused on roads, highways and bridges, executing large-scale projects across India through EPC and HAM models. It also undertakes O&M, toll collection and maintenance activities, strengthening its capabilities across the road infrastructure value chain

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----10.0 M--₹6,000.0 MDRHP DOC

J Infratech issue details

J Infratech has 10.0 M shares on offer

J Infratech IPO issue size is ₹ 6,000.0 M

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

J Infratech 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

J Infratech NUMBER OF SHARES ON OFFER

Total10.0 M
Fresh Issue0
Offer for Sale10.0 M
Post Issue Promoter Holding %

J Infratech 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
FY26 1,721.8 246.6 -55.1 -151.4 25.1%
FY25 1,411.2 195.3 -129.0 -221.2 23.6%
FY24 887.0 85.9 161.9 64.7 19.2%

J Infratech INFORMATION ON IPO ISSUE

About J Infratech

J Infratech was incorporated on April 1, 2005. The company is an integrated EPC infrastructure player focused on roads, highways and bridges, executing large-scale projects across India through EPC and HAM models. It also undertakes O&M, toll collection and maintenance activities, strengthening its capabilities across the road infrastructure value chain

Object of the Issue

  • Funding their working capital requirements
  • Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company
  • General corporate purposes

J Infratech - PROMOTERS

Name
Mohit Jandu
Hari Niwas
Kuldeep Kumar
Savitri

J Infratech - MANAGEMENT & LEADERSHIP

NameDesignation
Amir ChandChairperson & Non-Executive Director
Mohit JanduManaging Director
Kuldeep KumarWhole-time Director
Saurab ThakurNon-Executive Director
Mahabir SinghNon-Executive Independent Director
Shilpi JainNon-Executive Independent Director

J Infratech Book Running Lead Manager

Systematix Corporate Services Limited

jinfra.ipo@systematixgroup.in

J Infratech Registrar to the Offer

KFin Technologies Limited

jinfratech.ipo@kfintech.com

J Infratech Strengths

Project execution capabilities

The company recorded a FY26 Revenue CAGR of 39.18% and has developed strong capabilities in executing road and highway projects across challenging terrains and complex structures. Its systematic, technology-driven approach has supported project execution across high-traffic, mountainous, hilly and coastal regions, establishing a presence across 16 states and 3 Union Territories

Strength

In-house capabilities

With over two decades of experience, the company has developed strong in-house capabilities to manage design, procurement and construction, enabling efficient resource planning, quality control and timely project execution. Its E&D team supports the full project lifecycle, from pre-bid engineering and detailed designs to construction support and handover, while following applicable IS, IRC and MoRTH standards

Strength

Client relationship

The company has built long-standing relationships with key customers such as NHAI, NHIDCL, MoRTH and BRO by consistently delivering projects on time, as per specifications and required quality standards. Its strong project management and integrated design, detailing and construction capabilities support customer satisfaction, compliance and repeat business

Strength

J Infratech Risks

Competitive bidding risks

The company secures most projects through competitive bidding and may not always meet qualification criteria or win tenders due to competitors offering better pricing, stronger experience, technical capabilities or financial resources. Failure to secure new projects could adversely affect its order inflows, business and financial performance

Risk

Depend on subcontractors

The company relies on subcontractors and joint venture partners for certain projects and activities, making execution dependent on their timely performance, quality and compliance with applicable laws and approvals. Delays, non-performance, cost overruns or failure to meet agreed terms may adversely affect the company’s business, cash flows and financial performance

Risk

Operational risks

The company depends on effective internal controls, compliance systems and anti-corruption measures to ensure reliable reporting and compliance with laws and government contract requirements. Although no such instances were reported in Fiscals 2024–2026, future control failures, undetected errors or non-compliance could result in financial losses, reputational damage and adverse business impact

Risk

IPO FAQs

  • The promoters of the company are Mohit Jandu, Hari Niwas, Kuldeep Kumar and Savitri.
  • 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%.