Trenzet Infra Limited

Trenzet Infra Limited (New IPO): GMP, Price, Review, Profit

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Trenzet Infra Limited is a railway-focused engineering, procurement and construction (EPC) company engaged in executing infrastructure projects such as bridges, track laying, earthworks, and structural works for railway and allied sectors. It undertakes construction of road over bridges, flyovers, viaducts, and related civil engineering works across multiple states in India.

It’s services also include roads, flyovers, viaducts, power transmission lines, and civil infrastructure projects across government and public sector clients.
It has executed 40 projects across 7 states with ~₹1,497 crore project value and ~₹1,600 crore order book, indicating nationwide government-focused reach.

Trenzet Infra Limited was incorporated in 2014 & currently Mr. Kishan Kumar Thotakura serves as the Managing Director of the company.

Trenzet Infra Limited has filed its DRHP with SEBI for a proposed IPO of 1,23,00,000 Equity Shares featuring entirely as a 1,05,00,000 Equity Shares and an Offer for Sale (OFS) of 18,00,000 Equity Shares.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:1,23,00,000 Equity Shares
Fresh Issue:1,05,00,000 Equity Shares
Offer for Sale:18,00,000 Equity Shares
Price Range:TBA
Lot Size:TBA
GMPPending

Trenzet Infra Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 88.64 Cr
Revenue:₹ 333.41 Cr
EBITDA₹ 35.53 Cr
PAT₹ 26.95 Cr
EBITDA Margin:~10.66%
PAT Margin~ 8.05%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Capital Expenditure requirement₹ 17.61 Cr
Working Capital Requirement₹ 41.60 Cr
Borrowing prepayment/repayment₹ 00 Cr
General Corporate PurposeBalance

Trenzet Infra Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 269.5₹ 308.4₹ ₹ 333.4
PAT (₹ Cr)₹ 12.8₹ 15.9₹ 27.0
Asset (₹ Cr)₹ 104.7₹ 149.5₹ 194.9
Net Worth (₹ Cr)₹ 46.8₹ 62.9₹ 88.6

Trenzet Infra Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
03-Jun₹ –₹ –₹ –
02-Jun₹ –₹ –₹ –
01-Jun₹ –₹ –₹ –
31-May₹ –₹ –₹ –
30-May₹ –₹ –₹ –
Trenzet Infra Limited

Trenzet Infra Limited Pro’s and Con’s

Strengths:

  • Strong positioning in India’s growing railway and infrastructure EPC segment.
  • Healthy order book provides near-term revenue visibility.
  • Experienced promoters with execution track record in civil projects.
  • Government focus on infrastructure boosts long-term demand pipeline.
  • Diversified project portfolio (bridges, tracks, roads, power works).

Risks:

  • Heavy dependence on government contracts increases policy/payment risk.
  • EPC business has thin margins and high working capital requirements.
  • Project delays can significantly impact revenue and profitability.
  • No disclosed IPO valuation yet, making pricing risk uncertain.
  • High competition from established infrastructure EPC players.

Trenzet Infra Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Kishan Kumar Thotakura~ 40 %
Murali Mohan Cherukuri~ 27 %
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Trenzet Infra Limited Lot Size details

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Annual Returns + Lead Managers / Registrars of Trenzet Infra Limited

ROE35.57%
ROCE24.53%
RoNW30.41%
Lead / Book Running Lead ManagersUnistone Capital Private Limited
Registrar (RTA)Bigshare Services Private Limited

Trenzet Infra Limited FAQ’s

  • It is a railway-focused EPC company executing bridges, track works, earthworks, and structural infrastructure projects across India for government clients including railways and public sector agencies.
  • Trenzet Infra Limited is raising funds via IPO to support working capital, purchase construction equipment, and enhance business growth while improving visibility and brand presence in infrastructure sector.
  • The IPO includes a Fresh Issue of  ~1.05 Cr Equity shares and an Offer for Sale (OFS) of  ~0.18 Cr Equity shares. It will be listed on NSE and BSE platform.
  • Key risks include high dependence on government contracts, project delays, competitive bidding pressure, and working capital intensity may impact margins and cash flows.
  • Potential upsides include strong ₹1,600 crore order book, railway sector growth, improving financials, and government infrastructure push offer long-term growth visibility.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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