Current Infraprojects Limited, a growing name in the engineering and infrastructure sector, made a remarkable entry into the stock market with its Initial Public Offering (IPO) listing on the NSE SME platform on September 3, 2025. The stock opened at ₹152 per share, representing a 90% premium over its issue price of ₹80 per share. This debut not only exceeded expectations but also reflected the strong confidence that investors placed in the company’s business model, financial strength, and future growth prospects.

At around 10:35 a.m., the stock was trading at ₹150.90, showing some volatility but maintaining levels significantly higher than the issue price. The listing performance was in line with the overwhelming response the IPO received during its subscription period, where the issue was oversubscribed multiple times across all investor categories.

Grey Market Premium (GMP) and Listing Expectations

Before listing, the grey market premium (GMP) of Current Infraprojects IPO indicated strong demand. Market watchers had projected a premium of around ₹65 to ₹70, suggesting an expected listing in the range of ₹145 to ₹150. However, the actual listing at ₹152 exceeded these expectations, reinforcing the strong sentiment surrounding the issue.

The performance of the IPO was closely tracked by retail investors, high-net-worth individuals (HNIs), and institutional participants alike. The robust subscription figures and the final premium listing highlight the company’s ability to attract a diverse pool of investors.

About Current Infraprojects Limited

Current Infraprojects Limited (CIPL Group), formerly known as Current Service Consultants, has established itself as a leading Engineering, Procurement, and Construction (EPC) service provider. The company has built a strong reputation in delivering reliable infrastructure and engineering services, catering to a wide range of projects across industries.

Its expertise spans across project planning, design, execution, and maintenance, ensuring end-to-end solutions for its clients. Over the years, Current Infraprojects has created a niche for itself in the infrastructure development sector, backed by its experienced team and efficient project management capabilities.

The company’s strategic rebranding from Current Service Consultants to Current Infraprojects signifies its larger vision of scaling operations and taking on more ambitious infrastructure assignments. With the Indian government’s strong focus on infrastructure growth, urban development, and industrial expansion, the timing of its market debut aligns well with sectoral opportunities.

IPO Subscription and Investor Response

The IPO of Current Infraprojects witnessed robust subscription figures during its offering period. Retail investors showed significant enthusiasm, leading to oversubscription in this category. HNIs and institutional investors also participated actively, reflecting widespread trust in the company’s fundamentals.

The issue price was set at ₹80 per share, which many market participants considered attractive given the company’s growth potential and industry positioning. The strong listing validates that the price point was well-received and left scope for listing gains, which materialized at 90%.

Industry Outlook and Market Sentiment

The infrastructure and engineering sector in India is currently in a strong growth phase, supported by government initiatives such as National Infrastructure Pipeline (NIP), Smart Cities Mission, and increased budget allocations for roads, railways, power, and housing projects. Companies like Current Infraprojects stand to benefit from these large-scale investments.

The demand for reliable EPC service providers is expected to grow further, giving firms like Current Infraprojects a broader market to operate in. Analysts suggest that the company’s successful IPO listing could serve as a foundation for expansion into new markets, strengthening its order book, and enhancing financial stability.

Analyst Views and Future Outlook

Market analysts believe that the strong debut of Current Infraprojects is not just a reflection of investor appetite for SME IPOs but also an indication of confidence in the company’s long-term prospects. While short-term volatility is natural after listing, many experts suggest that the company’s focus on engineering excellence, coupled with sectoral tailwinds, could help sustain momentum.

Investors are advised to keep an eye on the company’s quarterly performance, order book position, and margin trends to evaluate its future trajectory. As the infrastructure sector expands, Current Infraprojects’ ability to scale operations and deliver consistent results will play a key role in its valuation and stock price stability.

Conclusion

The listing of Current Infraprojects IPO at a 90% premium has set a strong precedent in the SME segment. The company’s transformation journey, investor trust, and favorable sectoral conditions have contributed to this impressive debut. As India continues to prioritize infrastructure growth, Current Infraprojects is well-positioned to benefit from these opportunities and deliver long-term value to its stakeholders.

The Upcoming IPOs in this week and coming weeks are Taurian MPS, Jay Ambe Supermarkets, Krupalu Metals, Urban Company, Shringar House of Mangalsutra, Vashishtha Luxury Fashion, Karbonsteel Engineering, Sharvaya Metals, Vigor Plast India.

The Current active IPO are Austere Systems, Optivalue Tek Consulting, Goel Construction Company, Amanta Healthcare, Rachit Prints.

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