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Railway-focused EPC firm Trenzet Infra Ltd has filed draft papers with the Securities and Exchange Board of India to raise capital through an initial public offering. The issue comprises a fresh equity issuance of 1.05 crore shares and an offer for sale of 18 lakh shares by promoters. The proceeds will be deployed towards working capital needs, procurement of construction equipment, and general corporate purposes. The company, which specialises in railway and allied infrastructure projects, reported revenue of INR 333.41 crore and a profit of INR 26.95 crore in FY25, with a strong order book of around INR 1,600 crore.
Trenzet Infra Ltd has initiated the process to tap public markets by filing its draft red herring prospectus with Securities and Exchange Board of India, signalling its intent to strengthen capital resources amid a growing infrastructure pipeline. The proposed initial public offering comprises a mix of fresh equity issuance and an offer for sale by promoters, indicating both capital infusion and partial stake dilution. Advertisement
The company intends to utilise proceeds from the fresh issue primarily to fund its working capital requirements, alongside investments in construction vehicles and equipment. A portion will also be allocated towards general corporate purposes, reflecting the need for financial flexibility as execution scales across multiple projects.
Headquartered in Andhra Pradesh, Trenzet Infra operates as a railway-focused engineering, procurement and construction (EPC) player with capabilities spanning bridges, track development, structural works, and select electrification and signalling projects. Its portfolio includes road over bridges, underpasses, viaducts, flyovers, and reinforced earth structures, positioning it within India's expanding transport infrastructure segment.
As of the end of January this year, the company had completed 40 projects across seven states, with a cumulative value of approximately INR 1,497 crore. Its order book stood at around INR 1,600 crore, comprising 23 ongoing projects, indicating steady execution visibility and revenue potential in the near term.
Financially, the company reported revenue from operations of INR 333.41 crore in FY25, alongside a profit after tax of INR 26.95 crore, reflecting moderate profitability within a capital-intensive EPC segment. The IPO is expected to support capacity expansion and improve execution capabilities, particularly as infrastructure investments continue to gain momentum across rail and allied sectors.
Unistone Capital has been appointed as the sole book-running lead manager for the issue. The listing will provide the company with access to broader capital pools while enhancing its visibility among institutional investors tracking infrastructure and EPC-focused opportunities.
Source - PTI
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