Bidding date
23 - 27 Oct 26
Minimum investment
₹2,23,200
Lot size
2400
Price range
₹88 - ₹93
Issue size
58.94 L Shares
IPO doc
RHP PDFAllotment date
28 Oct 26
Incorporated in June 2014, Core4 Engineers Limited is an Engineering, Procurement, Construction and Commissioning (“EPCC”) company providing integrated infrastructure solutions across railway infrastructure, power transmission and distribution, and water and wastewater treatment. The Company offers end-to-end project execution capabilities covering design, engineering, procurement, construction, installation, testing, commissioning and operations and maintenance.The Company operates through five business segments: railway electrification and infrastructure, Extra High Tension (“EHT”) transmission and distribution systems, water and wastewater treatment EPCC, automation and Supervisory Control and Data Acquisition (“SCADA”) systems, and supply of High-Tension (“HT”) and Low-Tension (“LT”) distribution panels and related services. Its railway infrastructure activities include overhead electrification, traction substations, station redevelopment, civil works and allied signalling and telecommunication interfaces. In power transmission and distribution, it undertakes turnkey projects involving substations, transmission lines and distribution networks up to 220 kV. Its water and wastewater division provides solutions for water treatment plants, sewage treatment plants and effluent treatment plants, supported by automation and process control systems. The Company also designs and implements PLC-based automation and SCADA systems for railway, power and water infrastructure projects. Its in-house manufacturing facility produces HT/LT distribution and control panels, including VCB, PCC, MCC, APFC and PLC-based automation panels, as well as compact substations. This manufacturing capability complements its EPCC operations by supporting customization, cost efficiency, quality control and timely project execution. The Company also undertakes subcontracting assignments, providing on-ground execution support for engineering and infrastructure projects. The Company serves government organizations, public sector undertakings, utilities, infrastructure contractors and private enterprises across India. Its business model combines multidisciplinary project execution, in-house design and engineering capabilities, panel manufacturing and vendor partnerships to deliver integrated infrastructure solutions. As of June 30, 2026, the Company had a total workforce of 462 personnel, comprising 62 employees on its payroll and 400 floating labourers engaged primarily for project execution.