Pioneer Fabricators Ltd. IPO Details
Pioneer Fabricators was incorporated on June 22, 1988. The company provides end-to-end infrastructure engineering services, covering planning, design, procurement, fabrication, construction and project execution. It undertakes railway, metro, road, highway, industrial and other infrastructure projects, including bridges, stations, skywalks and related structures
| 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 | - | - | ₹1,900.0 M | DRHP DOC |
Pioneer Fabricators issue details
Pioneer Fabricators IPO issue size is ₹ 1,900.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Pioneer Fabricators 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 |
Pioneer Fabricators NUMBER OF SHARES ON OFFER
Pioneer Fabricators 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 | 186.3 | 25.6 | -9.8 | -10.5 | 20.4% |
| FY25 | 142.4 | 17.3 | 3.1 | -10.3 | 17.2% |
| FY24 | 82.6 | 6.1 | 10.2 | 9.6 | 13.6% |
Pioneer Fabricators INFORMATION ON IPO ISSUE
About Pioneer Fabricators
Pioneer Fabricators was incorporated on June 22, 1988. The company provides end-to-end infrastructure engineering services, covering planning, design, procurement, fabrication, construction and project execution. It undertakes railway, metro, road, highway, industrial and other infrastructure projects, including bridges, stations, skywalks and related structures
Object of the Issue
- To meet working capital requirements
- Funding of capital expenditure requirement of the company towards purchase of plant and machinery and civil construction for the existing manufacturing unit
- Funding of capital expenditure requirement of the company towards purchase of plant and machinery and civil construction for the proposed manufacturing unit
- General corporate purpose
Pioneer Fabricators - PROMOTERS
| Name |
|---|
| Prakher Rajeev |
| Seema Agarwal |
Pioneer Fabricators - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Prakher Rajeev | Chairman & Managing Director |
| Ajay Kumar Sharma | Whole-time Director |
| Rajiv Kumar Agarwal | Executive Director |
| Seema Agarwal | Non-Executive Director |
| Manoj Kumar Agarwal | Independent Director |
| Megha Sharan | Independent Director |
| Sunil Kumar Tyagi | Independent Director |
| Vishant Kumar Jain | Independent Director |
Pioneer Fabricators Book Running Lead Manager
Corporate Professionals Capital Private Limited
pioneer.ipo@indiacp.com
Pioneer Fabricators Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Pioneer Fabricators Strengths
Integrated engineering capabilities
The company has integrated engineering, detailing and precision fabrication capabilities, enabling it to convert client requirements into fabrication-ready designs and finished structures within a single project framework. Its in-house engineering and fabrication infrastructure supports coordinated material planning, CNC-assisted cutting, drilling, welding, inspection and other processes, helping maintain quality and dimensional accuracy
Timely execution capabilities
The company follows structured project planning and execution practices to coordinate engineering, procurement, fabrication, quality inspection, transportation, assembly and site erection as per prescribed timelines. Coordination between its manufacturing facility and project sites helps align fabrication and site activities, manage project interdependencies and support timely completion of milestones
Customer relationship
The company has built long-standing relationships with 228 suppliers as of March 31, 2026, supporting timely sourcing of consistent-quality raw materials and product quality. Its strong customer relationships have resulted in repeat orders, while efforts to broaden its customer base and market reach aim to reduce customer concentration and diversify revenues
Pioneer Fabricators Risks
Price volatility risks
The company depends heavily on steel as a key raw material, making its costs and margins vulnerable to fluctuations in steel prices, supply shortages and quality issues. The absence of long-term supply contracts and fixed-price or milestone-based projects may limit its ability to pass on cost increases, potentially affecting project costs, profitability, cash flows and financial condition
Labour intensive business
The company’s labour-intensive operations depend on the availability of skilled and unskilled workers for activities such as welding, fabrication, assembly and material handling. Shortages, worker migration, labour unrest or rising wages may reduce production capacity, delay project execution, affect quality standards and adversely impact profitability
Quality compliance risks
The company’s infrastructure projects require strict adherence to client specifications, industry standards and inspection protocols covering materials, welding, fabrication, testing and finishing. Failure to meet these quality requirements could result in order cancellations, project delays, penalties, warranty or liability claims, performance guarantee invocation and reputational damage
IPO FAQs
The promoters of the company are Prakher Rajeev and Seema Agarwal.
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%.