Core4 Engineers IPO

Subscription so far

How many times each investor category has bid against the shares reserved for it. A multiple of 1.00x means bids covered the category exactly; above that, the category is oversubscribed.

Figures from bidding day 5. A multiple of 1.00x means bids exactly covered the shares offered; above that the issue is oversubscribed. Source share counts are not published in this dataset, so only the multiple is shown.

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

Issue dates

1. Anchor investor biddingCompleted

   22 October 2026

   One day before the public window, for institutional anchors.

2. Bidding opensCompleted

   23 October 2026

3. Bidding closesNext

   27 October 2026 in 1 day

4. Basis of allotment

   28 October 2026

5. Refunds initiated

   29 October 2026

6. Shares credited to Demat

   29 October 2026

7. Listing on the exchange

   30 October 2026

Grey market premium

No premium was quoted for this issue on any of the 8 days we hold a record for. A blank record is not a premium of zero, and it says nothing about demand either way.

About Core4 Engineers

Core4 Engineers Ltd. builds infrastructure on contract. The Mysuru-based company handles engineering, procurement, construction and commissioning for railway electrification, power transmission and distribution, and water and wastewater treatment. Railway work covers 25 kV overhead equipment, traction substations and station redevelopment. Power work covers turnkey substations, transformers and distribution networks up to 220 kV. Water work covers treatment plants, sewage plants and effluent plants. The company also runs an in-house factory that makes high-tension and low-tension electrical panels and compact substations, and sells those panels to outside buyers as well as using them on its own projects. A subsidiary, Core4 Energy Ltd., makes electrical distribution and control panels. Customers are Indian Railways, public sector undertakings, utilities and infrastructure contractors. The company employed 462 people as of June 30, 2026, of whom 62 drew a salary and 400 worked as floating labour on projects.

Promoters

• Agrahara Chamaraje Gowda Abhinandan
• Hosahalli Appagigowda Savitha
• Mahadevappa Tejus
• Anala

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Jun 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

• Funding incremental working capital requirements; and

  ₹40.48 Cr

• Funding capital expenditure for the acquisition of a property comprising land and an existing building, proposed to be utilized for establishing and operating a new manufacturing facility and corporate office;

  ₹4.12 Cr

• General corporate purposes

  Amount not stated

Peer comparison

The offer document compares the issuer against listed companies in the same business, on earnings, book value and return on net worth. Core4 Engineers is the first row.

Reproduced from the peer comparison in the offer document. A dash means the document does not state that figure for that company. It is absent, not zero. Ratios are reported on the basis named in the document, which is not always the same period for every company.

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

Sources

• National Stock Exchange of India. "Upcoming and current public issues, with live bid quantities." The exchange publishes the bidding figures this page is built from, and is the authority on them. Accessed 15 September 2026.
• BSE. "Public issues — current and forthcoming." The second exchange carrying this issue, and the second source for its bidding data. Accessed 15 September 2026.
• Securities and Exchange Board of India. "Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018." The regulation that sets the issue process, the categories and the allotment rules. Accessed 15 September 2026.
• Core4 Engineers issue particulars are compiled and published by Ankit Kumar, Founder of DematOpen, refreshed every 30 minutes, and reviewed against the offer document. The record was last updated 26 October 2026. The offer document and the registrar above are the primary sources for anything you intend to act on.