Electromech Infraprojects Ltd. IPO Details
Electromech Infraprojects was incorporated on November 1, 2013. The company provides mission-critical mechanical, electrical and plumbing (MEP) solutions for India’s digital infrastructure sector. It specialises in designing, executing, testing and commissioning infrastructure for data centres, AI data centres, Global Capability Centres and commercial & industrial establishments
| 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 |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 1.9 M | - | - | ₹3,260.0 M | DRHP DOC |
Electromech Infraprojects issue details
Electromech Infraprojects has 1.9 M shares on offer
Electromech Infraprojects IPO issue size is ₹ 3,260.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Electromech 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 |
Electromech Infraprojects NUMBER OF SHARES ON OFFER
Electromech 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 | 427.1 | 36.2 | 15.9 | 15.7 | 10.8% |
| FY25 | 408.5 | 29.5 | 17.8 | 16.9 | 9.3% |
| FY24 | 261.9 | 18.4 | -6.5 | -6.6 | 7.6% |
Electromech Infraprojects INFORMATION ON IPO ISSUE
About Electromech Infraprojects
Electromech Infraprojects was incorporated on November 1, 2013. The company provides mission-critical mechanical, electrical and plumbing (MEP) solutions for India’s digital infrastructure sector. It specialises in designing, executing, testing and commissioning infrastructure for data centres, AI data centres, Global Capability Centres and commercial & industrial establishments
Object of the Issue
- Funding the working capital requirements of the company
- Investment in its subsidiary, Jika EPC Services Limited to increase their shareholding from 34.78% to 60.00% of paid-up equity share capital of Jika through a combination of subscription to fresh equity shares and secondary acquisition of equity shares
- Investment in its subsidiary, Sinerco Power Systems Private Limited
- Investment in its GCC based subsidiary, Electromech Global Holdings Ltd
- General corporate purposes
Electromech Infraprojects - PROMOTERS
| Name |
|---|
| Paresh Pratap Maniar |
| Varun Paresh Maniar |
| Mitesh Pratap Maniar |
| Chandrika Paresh Maniar |
Electromech Infraprojects - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Paresh Pratap Maniar | Chairman & Whole Time Director |
| Varun Paresh Maniar | Managing Director |
| Chandrika Paresh Maniar | Non-Executive Director |
| Sanjay Waghani | Independent Director |
| Pravin Devchand Thakkar | Independent Director |
| Krishnakumar Venkateswaran Iyer | Independent Director |
Electromech Infraprojects Book Running Lead Manager
Arihant Capital Markets Limited
mbd@arihantcapital.com
Electromech Infraprojects Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Electromech Infraprojects Strengths
Integrated MEP solutions
The company provides integrated MEP solutions covering the design, execution, testing and commissioning of mission-critical infrastructure for data centres, Global Capability Centres and commercial & industrial establishments. Its services include electrical, HVAC, fire protection, PHE, interior works, controls and automation, covering HV, LV, ELV and related systems as per safety standards and customer requirements
Technical capabilities
The company undergoes a detailed qualification process covering technical capabilities, financial strength, safety records, OEM certifications and regulatory compliance. It also submits project experience, quality records, performance history and client references to demonstrate its ability to execute complex, mission-critical MEP projects
Diversified project portfolio
The company has expanded beyond data centres into Global Capability Centres and Commercial & Industrial projects, supported by repeat customer relationships and 45 ongoing projects worth Rs 82,972 lakh as of March 31, 2026. This diversified portfolio reduces reliance on any single segment while enabling the company to leverage its common MEP design, engineering and execution capabilities
Electromech Infraprojects Risks
Labour intensive business
The company depends heavily on contract labour and faces risks from labour shortages, rising labour costs and employee attrition. Its workforce requirements vary by project, requiring selective recruitment to address attrition and retirements
Quality compliance risks
The company must meet client-specific technical, quality, safety and performance standards across its MEP projects. Failure to meet these requirements could lead to order cancellations, rework costs, client loss and reputational damage, adversely affecting its financial performance
Competition
The company faces competition from small, mid-sized and large MEP contractors, including specialised data centre players. Competition is driven by project complexity, pricing, technical expertise, quality, experience, safety record and skilled workforce availability, with price often being a key deciding factor
IPO FAQs
The promoters of the company are Paresh Pratap Maniar, Varun Paresh Maniar, Mitesh Pratap Maniar and Chandrika Paresh Maniar.
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%.