Current Infraprojects Limited IPO: Subscription, GMP, Allotment and Listing Updates

Current Infraprojects Limited (CIPL Group), formerly known as Current Service Consultants, is a reputed Engineering, Procurement, and Construction (EPC) company headquartered in Jaipur, Rajasthan. Since its establishment in 2000, the company has built a strong reputation in India’s infrastructure sector, offering innovative, sustainable, and technology-driven solutions. The company has worked across multiple segments in infrastructure development and has positioned itself as a trusted player in EPC services.

The Current Infraprojects IPO has garnered strong investor attention right from its opening day, with high levels of subscription, robust demand in the Grey Market Premium (GMP), and significant anchor investor participation. Let us take a detailed look at the IPO details, subscription status, GMP trends, anchor investment, allotment process, and objectives of the issue.

Current Infraprojects IPO Details

The Current Infraprojects IPO is a Book Built Issue with a total issue size of ₹ 41.80 Crores, consisting entirely of a Fresh Issue of 52.25 Lakh shares.

• IPO Opening Date: 26th August 2025

• IPO Closing Date: 29th August 2025

• Allotment Finalisation Date: 1st September 2025 (Monday)

• Listing Date (Tentative): 3rd September 2025 (Wednesday)

• Exchange: NSE SME

The Price Band for the IPO has been set at ₹ 76 to ₹ 80 per share, and the Market Capitalisation at the upper price band of ₹ 80 is expected to be ₹ 153.18 Crores.

The Lot Size for the IPO is 1,600 shares, and retail investors must apply for a minimum of 2 lots (3,200 shares), requiring an investment of ₹ 2,56,000.

The Book Running Lead Manager (BRLM) is Holani Consultants Private Limited, the Registrar is Bigshare Services Private Limited, and the Market Maker is also Holani Consultants Private Limited.

Grey Market Premium (GMP)

The Current Infraprojects IPO GMP today stands at ₹ 20 per share, which indicates a 25% premium over the issue price.

• IPO Price: ₹ 80

• Expected Listing Price: ₹ 100

• GMP: ₹ 20 (25%)

The GMP suggests positive investor sentiment and a strong listing expectation. However, it is important to note that GMP is an informal indicator and not regulated. Actual listing gains or losses depend on market conditions.

Current Infraprojects IPO Subscription Status

The IPO received an overwhelming response on the first day of its subscription period.

As of 12:30 PM on 26th August 2025, the subscription status shows that the IPO was subscribed 54.25 times overall, which is an exceptional start.

Such a high subscription rate on day one reflects the strong demand across investor categories including Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail investors.

Anchor Investor Investment

Prior to the IPO opening, Current Infraprojects Limited raised ₹ 11.62 Crores from Anchor Investors at a price of ₹ 80 per share. The company allocated 14,52,800 equity shares to the anchor investors in consultation with the BRLM.

This strong anchor investment demonstrates confidence from institutional investors, which often boosts retail investor participation.

Day-wise GMP Trend

• 20th August 2025:

  • IPO Price: ₹ 80

  • Expected Listing Price: ₹ 100

  • GMP: ₹ 20 (25%)

  • Last Updated: 8:00 PM, 20th August 2025

This consistent GMP trend indicates strong momentum and positive expectations for the listing.

Allotment Process

The Current Infraprojects IPO allotment will be finalised on 1st September 2025, and the status can be checked on the registrar’s website.

Steps to check IPO allotment status:

1. Go to the IPO allotment status page of the registrar (Bigshare Services Private Limited).

2. Select Current Infraprojects Limited IPO from the dropdown menu.

3. Enter your Application Number, PAN, or DP Client ID.

4. Submit details to view your allotment result.

Investors will then know whether they received shares or if their funds will be refunded.

Objectives of the IPO

The company has outlined clear objectives for the utilisation of the IPO proceeds:

1. Investment in Wholly Owned Subsidiary:
   Around ₹ 585.00 Lakh will be invested in the equity of Current Infra Dhanbad Solar Private Limited for setting up a 1,800 KW solar plant under the RESCO Model at IIT (ISM), Dhanbad, Jharkhand.

2. Funding Working Capital Requirements:
   Around ₹ 3,000.00 Lakh will be allocated towards working capital requirements of the company, which will help strengthen operations and support future growth.

3. General Corporate Purposes:
   The balance will be used for general corporate purposes, ensuring flexibility in managing business operations.

Conclusion

The Current Infraprojects Limited IPO has received remarkable investor interest with a subscription of 54.25 times on Day 1 itself, alongside a GMP of ₹ 20, indicating possible listing gains. The company’s focus on sustainable infrastructure projects, especially renewable energy, and its strong EPC track record add further confidence to investors.

With a tentative listing date of 3rd September 2025 on NSE SME, and strong backing from anchor investors, the IPO is shaping up to be one of the most promising SME issues of 2025.

The Upcoming IPOs in this week and coming weeks are Amanta Healthcare, Rachit Paints, Abril Paper Tech, Sneha Organics, Sugs Lloyd, .

The Current active IPO are Anlon Healthcare, NIS Management, Sattva Engineering Construction, Globtier Infotech, Current Infraprojects, Vikran Engineering, Shivashrit Foods, Anondita Medicare, Classic Electrodes (India).

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