Hyderabad : PCI Infraprojects Limited, an EPC Company with operations across solar energy projects, electricity distribution & transmission, and water infrastructure solutions, today announced the filing of its Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI).
The proposed IPO comprises of 1,15,00,000 equity shares including an offer for sale of up to 16,75,000 equity shares with a face value of ₹10 each. The Offer for Sale comprises equity shares offered by the promoter and selling shareholder, Mr. Ankit Tayal.
Share India Capital Services Private Limited is the sole Book Running Lead Manager (“BRLM”), and KFIN Technologies Limited is the Registrar to the Offer.
PCI Infraprojects Limited is an engineering, procurement and construction (“EPC”) company with operations across solar energy projects, electricity distribution & transmission, and water infrastructure solutions. It undertakes central government funded EPC projects for state government entities, government undertakings, power utilities and other institutional customers.
The Noida-based Company’s clients include public sector entities such as New & Renewable Energy Department, Haryana/HAREDA, Madhya Pradesh Urja Vikas Nigam Limited, Tripura Renewable Energy Development Agency, Maharashtra State Electricity Distribution Company Limited, Maharashtra State Power Generation Company Limited, Rajasthan Renewable Energy Corporation Limited, Kerala State Electricity Board Limited and Jodhpur Vidyut Vitran Nigam Limited.
In addition to EPC business, PCI Infraprojects Limited has been engaged in the manufacturing of electrical Cables and Conductors since 2006, which are used across the power utility and infrastructure sectors. The product portfolio includes PVC insulated (HD) electric cables, XLPE insulated PVC sheathed cables, LT XLPE aerial bunched cables, PVC insulated U/A cables and ACSR and AAAC conductors. These products are manufactured at the Company’s facility located in Sitapura Industrial Area, Jaipur, Rajasthan.
According to DRHP, PCI Infraprojects Limited intends to utilize ₹14,000.00 lakhs of the fresh issue proceeds towards funding its working capital requirements and deploy remaining funds for general corporate purposes.
The Company is promoted by Mr. Ankit Tayal and Mr. Mohit Sharma who collectively bring over 35 years of experience across the manufacturing, EPC, power infrastructure, renewable energy, business development and marketing sectors. Mr. Ankit Tayal has over 15 years of experience and is responsible for the Company’s strategic direction and EPC execution. Mr. Mohit Sharma has over 20 years of experience in business development and marketing and is responsible for our business development and market expansion initiatives, including identifying new business opportunities, developing and managing customer relationships, expanding the Company’s presence in new markets and managing key customer accounts, particularly across the solar and EPC segments.
PCI Infraprojects Limited reported revenue from operations of ₹30,409.06 lakhs in Fiscal 2026, compared with ₹28,241.07 lakhs in Fiscal 2025. Profit after tax (PAT) stood at ₹2,385.05 lakhs in Fiscal 2026, compared with ₹2,479.16 lakhs in Fiscal 2025.
