
Industrials · BSE
Incorporated in 2022, Core4 Engineers Ltd. 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 sectors. The company undertakes end-to-end project execution including design, engineering, procurement, erection, testing, commissioning, and operation and maintenance (O&M). It also operates an in-house manufacturing facility for High-Tension (HT) and Low-Tension (LT) electrical panels and compact substations, supporting both EPC projects and third-party clients, with its subsidiary Core4 Energy Ltd. contributing to product-based revenue through electrical panel manufacturing. Core4 Engineers executes projects for Indian Railways, public sector undertakings, and infrastructure contractors, with expertise in railway electrification (25 kV OHE systems and traction substations), railway infrastructure development, EHT transmission projects up to 220 kV, and water and wastewater treatment solutions using technologies like MBBR and SBR, along with automation and SCADA systems. As of September 30, 2025, the company had a workforce of 433 personnel including employees and project-based labour.
Price Band
₹88 – ₹93
Issue Size
₹54.82 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹93
at current GMP
Subscribed
5.63x
overall
Open
23 Oct 2026
Close
27 Oct 2026
Allotment
28 Oct 2026
Refund
29 Oct 2026
Demat Credit
30 Oct 2026
Listing
30 Oct 2026
Last updated: 30 Oct 2026
Current Premium
Issue Price (Upper)
₹93
Band: ₹88 – ₹93
Estimated Listing Price
₹93
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,11,600
Estimated Profit / Lot
₹0
1200 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 5 days ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Mar 2026 | — | 0.0% | ₹93 |
| 19 Oct 2026 | — | 0.0% | ₹93 |
| 20 Oct 2026 | — | 0.0% | ₹93 |
| 21 Oct 2026 | — | 0.0% | ₹93 |
| 22 Oct 2026 | — | 0.0% | ₹93 |
| 23 Oct 2026 | — | 0.0% | ₹93 |
| 24 Oct 2026 | — | 0.0% | ₹93 |
| 25 Oct 2026 | — | 0.0% | ₹93 |
| 26 Oct 2026 | — | 0.0% | ₹93 |
| 27 Oct 2026 | — | 0.0% | ₹93 |
GMP is unofficial market data. Not a guarantee of listing performance.
Core4 Engineers Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹54.82 Crores. The shares are offered at a price band of ₹88 to ₹93 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-10-27, the basis of allotment is scheduled to be finalized on 2026-10-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Purva Sharegistry India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Core4 Engineers Limited IPO is ₹0, which indicates an expected listing price of ₹93.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.