Updated · GMP, subscription and listing data refresh through the day.
Read from the company’s own draft offer document (DRHP) (the document). A reservation in a draft is what the company proposes: the RHP fixes its size, who qualifies and on which date, and any discount. Holding shares of a listed parent does not by itself guarantee an allotment.
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹33.45 | ₹34.16 | ₹91.34 |
| Net profit (PAT) | ₹2.89 | ₹3.81 | ₹12.37 |
| PAT margin | 8.6% | 11.2% | 13.5% |
| Total assets | ₹31.97 | ₹67.12 | ₹116.32 |
| Application | Shares | Amount at ₹93 |
|---|---|---|
| Individual investor (min)minimum application | 2,400 | ₹2,23,200 |
The minimum application is 2,400 shares, ₹2,23,200 at the ₹93 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Core4 Engineers, the registrar is Purva Sharegistry India Private Limited — allotment is finalised in the days between the issue closing on 27 Oct 2026 and listing on 30 Oct 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Purva Sharegistry. Your bank will also show the blocked amount released if shares were not allotted.
No grey market premium is quoted for the Core4 Engineers IPO any more — the issue has listed, and the grey market stops quoting once shares trade on the exchange. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.
The Core4 Engineers IPO was subscribed 4.7× overall as of 29 Oct, 6:00 pm: QIB 5.06×, non-institutional 6.84× and individual investors 2.72×. Figures are BSE's own category-wise book.
The individual investors' portion was subscribed 2.72× as of 29 Oct, 6:00 pm. In SME issues this category replaced retail in July 2025: individual investors applying for two lots worth more than ₹2,00,000.
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and individual investor demand, plus one row per day so the build-up over the issue can be compared.
Overall subscription at the last reading of each bidding day: day 1 (23 October 2026): 0.07×, day 2 (26 October 2026): 0.76×, day 3 (27 October 2026): 4.58×, day 4 (28 October 2026): 4.7×, day 5 (29 October 2026): 4.7×. The day-wise table on this page breaks each day into QIB, non-institutional and individual investors.
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.
Allotment for the Core4 Engineers IPO is scheduled for 28 October 2026, the trading day after bidding closes on 27 October 2026. Under SEBI's T+3 timeline, refunds and demat credit are due on 29 October 2026 and the shares list on 30 October 2026. Dates are tentative until the registrar and exchange confirm them.
Check it on the registrar's IPO allotment page: Purva Sharegistry India Private Limited publishes the result once it finalises the basis of allotment with the stock exchange. Choose the issue and enter your PAN, application number or DP ID / client ID. BSE and NSE also show allotment status on their websites, using the registrar's data. If no shares are allotted, your bank releases the blocked amount. alphave does not publish allotment results.
The registrar to the Core4 Engineers IPO is Purva Sharegistry India Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Bidding for the Core4 Engineers IPO opens on 23 October 2026 and closes on 27 October 2026. On the last day, SME bidding closes at 4:00 pm and UPI mandates can be accepted until 5:00 pm. Brokers may stop taking bids somewhat earlier.
The shares are scheduled to list on 30 October 2026 on BSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 23 October 2026 and 27 October 2026. The amount is only blocked, not debited, until allotment. SME bids name a price within the band — the cut-off option is not available for SME issues — and individual investors apply for two lots (2,400 shares); a UPI mandate must be approved by 5:00 pm on the closing day.
27 October 2026 is the last day of bidding; for an SME issue, bidding closes at 4:00 pm that day. Allotment is scheduled for 28 October 2026, refunds and demat credit for 29 October 2026, and listing for 30 October 2026 — tentative until confirmed.
The Core4 Engineers IPO price band is ₹88 to ₹93 per share. SME bids name a price within the band; the cut-off option is not available for SME issues.
The minimum application is 2,400 shares — two lots — which costs ₹2,23,200 at the ₹93 upper price. Individual investors apply for exactly this minimum; applications above two lots are non-institutional.
₹2,23,200 — the minimum application of 2,400 shares (two lots) at ₹93. Only applications above two lots are non-institutional.
Core4 Engineers is an SME issue listing on BSE SME. SME issues need a minimum application above ₹2,00,000 and trade on the exchange's SME platform after listing. Socradamus Capital Private Limited is a lead manager to the issue.
The issue size is ₹54.82 crore, all of it a fresh issue of new shares.
No. Core4 Engineers' draft offer document (DRHP) reserves no part of the issue for shareholders or employees; applications go through the standard investor categories. In a draft, a reservation is what the company proposes; the RHP fixes its size, who qualifies and on which date, and any discount.
Core4 Engineers reported revenue of ₹91.34 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.
Yes, in its latest reported period: Core4 Engineers reported a profit after tax of ₹12.37 crore in FY2026, as restated in its offer document. Earlier years are in the table above.
From the restated financial statements in the company's draft and final offer documents, filed with the stock exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.
The Core4 Engineers IPO's offer document is linked on this page as filed. The stock exchange also publishes it, and the lead managers host it.
The Draft Red Herring Prospectus is the document a company files before an IPO — with SEBI for a mainboard issue, with the stock exchange for an SME issue. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the updated version filed before the issue opens, with the issue dates; the price band is announced separately, at least two working days before bidding opens.
In-house testing and quality assurance Task No. Testing Area Characteristics Verified Reference / Standard Innovation and adoption of advanced technologies
Our order book may not be representative of our future results, as projects included in our order book particularly for the projects where we are the lowest bidder, may be cancelled, modified, or delayed beyond our control, leading to significant deviations from estimated income and adversely affecting our business, reputation, financial condition, and future prospects We are required to furnish performance guarantees as part of our business. Our inability to arrange for such guarantees or the invocation of such guarantees may adversely affect our cash flows and financial condition Delays in completion of our current and future projects and time overrun could have adverse effect on our business prospects and results of operations The page lists all 8 disclosed risk factors.
The Core4 Engineers shares are scheduled to list on 30 October 2026 on BSE SME. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.
On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.
Subscription figures are the exchange's category-wise book (NSE's consolidated NSE and BSE figure, or BSE's own for a BSE-only issue), read about every 5 minutes during bidding hours and held at the final tally after close. GMP is an unofficial grey-market indicator checked about every 20 minutes between 8 am and 10 pm IST from a third-party reporter; the history keeps a row for each change. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue details and the offer document filed with the stock exchange. Financials are the restated figures in the offer document, and the shareholding pattern is as disclosed there; allotment results come from the registrar, whose page this page links to. Anchor investor allocations, where shown, are from the anchor allocation filed with the exchange.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹93 upper band means the grey market is dealing at ₹93.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.