PCI Infraprojects Ltd. IPO Details

PCI Infraprojects was incorporated on July 07, 2006. The company is an EPC provider operating across solar energy, electricity distribution and transmission, and water infrastructure projects. It undertakes government-funded projects for state government entities, public sector undertakings, power utilities and other institutional customers

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----11.5 M--₹0DRHP DOC

PCI Infraprojects issue details

PCI Infraprojects has 11.5 M shares on offer

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

PCI Infraprojects 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

PCI Infraprojects NUMBER OF SHARES ON OFFER

Total11.5 M
Fresh Issue9.8 M
Offer for Sale1.7 M
Post Issue Promoter Holding %

PCI Infraprojects 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 304.1 23.9 -46.9 -42.3 17.6%
FY25 282.4 24.8 15.7 13.9 18.1%
FY24 204.0 12.7 10.0 6.0 13.1%

PCI Infraprojects INFORMATION ON IPO ISSUE

About PCI Infraprojects

PCI Infraprojects was incorporated on July 07, 2006. The company is an EPC provider operating across solar energy, electricity distribution and transmission, and water infrastructure projects. It undertakes government-funded projects for state government entities, public sector undertakings, power utilities and other institutional customers

Object of the Issue

  • Funding working capital requirements of the company
  • General corporate purposes

PCI Infraprojects - PROMOTERS

Name
Ankit Tayal
Mohit Sharma

PCI Infraprojects - MANAGEMENT & LEADERSHIP

NameDesignation
Ankit TayalChairman & Managing Director
Mohit SharmaWhole-Time Director
Govind PatelNon-Executive Director
Kanika PareekIndependent Director
Ravi RanjanIndependent Director
Anil KhubchandaniIndependent Director

PCI Infraprojects Book Running Lead Manager

Share India Capital Services Private Limited

pciinfraprojects.ipo@shareindia.co.in

PCI Infraprojects Registrar to the Offer

KFIN Technologies Limited

pciinfraprojects.ipo@kfintech.com

PCI Infraprojects Strengths

Diversified order book

The company’s EPC order book provides visibility into future revenue and project execution across Solar, Electrical and Water segments. Its diverse project portfolio includes solar pumping and rooftop systems, transmission lines, substations and water infrastructure, reducing dependence on any single project category

Strength

Integrated EPC capabilities

The company manages the full EPC project lifecycle across Solar, Electrical and Water segments, covering opportunity identification, bidding, engineering, procurement, construction, commissioning and handover. It evaluates projects based on technical, commercial and financial factors, including scope, location, costs, timelines, procurement and working capital needs

Strength

Government EPC experience

The company has executed Solar, Electrical and Water EPC projects for government agencies, utilities and institutional customers across multiple Indian states. Its experience includes solar PV, water pumping, electrification, substations and water infrastructure, strengthening its understanding of government project requirements, tender processes and execution

Strength

PCI Infraprojects Risks

Depend on new projects

The company’s EPC revenues depend on continuously identifying and securing new projects and maintaining strong customer relationships. Failure to win new orders, cancellation or reduction of existing projects, or weaker customer relationships could adversely affect revenues, cash flows and financial performance

Risk

Competitive bidding risks

The company’s EPC revenues depend on successfully identifying, bidding for and securing projects, particularly through competitive tenders. Failure to qualify or win projects could reduce its order book, while its EPC portfolio spans Solar, Electrical and Water infrastructure projects

Risk

Capital intensive business

The company’s capital-intensive EPC business requires significant working capital for procurement, construction, regulatory approvals and project execution before milestone-based customer payments are received. Delayed payments, retention clauses and bank guarantee requirements may create cash flow pressure and increase reliance on external funding

Risk

IPO FAQs

  • The promoters of the company are Ankit Tayal and Mohit Sharma.
  • 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%.