Electromech Infraprojects Files DRHP for Its Proposed IPO
Mumbai, October 26, 2026: Electromech Infraprojects Limited has filed its Draft Red Herring Prospectus (DRHP), dated September 23, 2026, for its proposed initial public offering (IPO), according to a press release. The offering comprises a fresh issue of equity shares aggregating up to Rs 326 crore and an offer for sale of up to 18,91,000 equity shares by selling shareholders, with a face value of Rs 5 each.
The company provides mechanical, electrical and plumbing (MEP) solutions—spanning technical design, engineering, procurement, execution, testing, and commissioning—across data centres, Global Capability Centres (GCCs), and commercial and industrial projects. As of March 31, 2026, Electromech Infraprojects held an order book of Rs 829.72 crore across 45 ongoing projects, led by data centres at Rs 729.46 crore (87.92%), commercial and industrial projects at Rs 62.90 crore (7.58%), and GCCs at Rs 37.36 crore (4.50%). Key assignments include a 48 MW data-centre project in Telangana valued at Rs 501 crore, exclusive of GST.
Varun Maniar, Managing Director, Electromech Infraprojects Limited, said, “Filing the DRHP is an important step for Electromech Infraprojects as we continue to build our capabilities across data centres and other mission-critical infrastructure. Our focus remains on strengthening our engineering and execution capabilities and delivering integrated solutions for increasingly complex infrastructure projects. We believe our experience across projects and our focus on execution will remain important as we work towards the company’s next phase of growth.”
Utilising Building Information Modelling (BIM) for three-dimensional modelling and clash resolution prior to site execution, the company saw repeat customers’ revenue contribution rise from 87% in Fiscal 2024 to 89% in Fiscal 2025, reaching 95% in Fiscal 2026.
For Fiscal 2026, consolidated revenue from operations stood at Rs 427.05 crore, with EBITDA of Rs 46.50 crore (10.80% margin) and profit after tax (PAT) of Rs 36.19 crore (8.41% margin). Previously, standalone revenue from operations grew from Rs 261.95 crore in Fiscal 2024 to Rs 408.51 crore in Fiscal 2025, while PAT increased from Rs 18.43 crore to Rs 29.48 crore. The proposed IPO remains subject to regulatory approvals and completion of the offer process.
