The IPO of Aarvee Engineering Consultants Venkatachala Chakrapani Redla, the promoter, would sell up to 67.5 lakh shares via an offer-for-sale, and the business intends to raise Rs 202.5 crore through new shares.
Aarvee Plans ₹202 Crore IPO
Aarvee Engineering Consultants, an infrastructure consulting firm located in Telangana, has submitted draft documents for an initial public offering (IPO) with SEBI and has chosen to raise money via the capital markets. Venkatachala Chakrapani Redla, the promoter, would sell up to 67.5 lakh shares via an offer-for-sale, and the business intends to raise Rs 202.5 crore through new shares.
It may think about collecting up to Rs 40.5 crore in a pre-IPO round, which is a component of the fresh issue component, just before to the IPO’s public announcement.
End-to-End Infrastructure Consulting
From feasibility studies and comprehensive project reports to project maintenance and operations supervision, Aarvee Engineering Consultants offers consulting services for every stage of a project. They also provide engineering services for a number of infrastructure segments, such as roads and bridges, water supply and sanitation, railways, and metro rail.
The corporation intended to use the new issue cash primarily for general corporate purposes, subsidiary investments, and debt repayment.
Strong Earnings Growth Reported
On the financial front, Aarvee Engineering, which is in competition with listed peers such as RITES and Engineers India (both PSUs), reported a 26.3 percent increase in earnings for the fiscal year that ended in March 2025, reaching Rs 51.6 crore from Rs 40.9 crore the year before. Over the same time period, revenue increased from Rs 517 crore to Rs 567.1 crore, a 9.7% increase.
The merchant bankers for the Aarvee Engineering Consultants first public offering (IPO) are Centrum Capital and Ambit.