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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.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
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.
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 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.