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Aarvee Engineering Consultants IPO Updates

Geetanjali Lachke

Learn about Aarvee Engineering Consultants Limited’s Draft Red Herring Prospectus filing, business operations, financial context, and the proposed utilisation of funds as outlined in public disclosures.

Aarvee Engineering Consultants Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) as part of its plan to raise capital through an initial public offering. The DRHP outlines the company’s business profile, sectoral presence, financial performance, and the broad structure of the proposed public issue.

This page presents an educational overview of the DRHP-stage developments, highlighting key aspects such as the company’s background, objectives of the issue, financial highlights, and the next milestones in the IPO journey. All information mentioned here is based on publicly available disclosures and reported filings.

Aarvee Engineering Consultants IPO Filing (DRHP)

The DRHP provides an overview of the proposed IPO and sets out the company’s financials, governance framework, and business outlook.

Filing Overview

Aarvee Engineering Consultants Limited has submitted its Draft Red Herring Prospectus to SEBI, marking the formal initiation of its IPO process. The filing is currently under regulatory review.

Upon receipt of SEBI observations and completion of requisite compliances, the company is expected to file the Red Herring Prospectus (RHP), following which IPO dates, price band, and issue-related details will be announced. The equity shares are proposed to be listed on recognised stock exchanges in India, subject to regulatory approvals.

Issue Structure

As disclosed in the DRHP, the proposed IPO is expected to comprise the following components:

Particulars Details

Issue Type

Fresh Issue of Equity Shares and Offer for Sale (OFS)

Fresh Issue

As disclosed in DRHP

Offer for Sale

By existing shareholders

Face Value

As per DRHP

Price Band

To be announced in RHP

Proposed Listing

NSE and BSE

Book Running Lead Managers

As disclosed in DRHP

Registrar to the Issue

As disclosed in DRHP

These details reflect indicative disclosures available at the DRHP stage and are subject to change based on SEBI observations and final approvals.

About the Company

Aarvee Engineering Consultants is an infrastructure consultancy company engaged in providing engineering, design, project management, and advisory services. The company operates across key infrastructure segments such as highways, urban infrastructure, railways, water resources, and transportation systems.

Its service offerings span the entire project lifecycle, including feasibility studies, detailed engineering design, project supervision, and contract management. The company serves government bodies, public sector undertakings, and private sector clients across India.

The business model is driven by domain expertise, long-standing client relationships, and execution capabilities aligned with infrastructure development requirements.

IPO Objectives

According to the DRHP, the proceeds from the IPO are proposed to be utilised towards the following broad objectives:

Purpose Description

Repayment / Prepayment of Borrowings

Reduction of outstanding debt and interest obligations

Working Capital Requirements

Funding operational and business requirements

General Corporate Purposes

Supporting administrative and strategic initiatives

These objectives are aimed at strengthening the company’s financial position and supporting its future growth strategy.

Financial Highlights

The DRHP provides an overview of Aarvee Engineering Consultants Limited’s financial performance over recent fiscal years, offering insight into revenue trends, profitability, and net worth.

Key Financial Metrics (as disclosed in DRHP)

Fiscal Year Revenue from Operations (₹ crore) Profit / (Loss) After Tax (₹ crore) Net Worth (₹ crore)

FY23

As disclosed in DRHP

As disclosed in DRHP

As disclosed in DRHP

FY24

As disclosed in DRHP

As disclosed in DRHP

As disclosed in DRHP

FY25

As disclosed in DRHP

As disclosed in DRHP

As disclosed in DRHP

*Detailed year-wise financial statements, including audited figures, are available in the DRHP and should be referred to for complete financial information.

Aarvee Engineering Consultants IPO Timeline Summary

The table below summarises the current status of the IPO process based on publicly available information:

Milestone / Stage Date (or Status) Details

DRHP filed with SEBI

As disclosed

Draft Red Herring Prospectus submitted for regulatory review

SEBI observations

Awaited

Subject to SEBI review and clarifications

Red Herring Prospectus (RHP)

To be announced

Post SEBI observations

IPO Opening Date

To be announced

Final dates awaited

IPO Closing Date

To be announced

To be declared in RHP

Allotment Date

To be announced

Post IPO closure

Credit to DEMAT Accounts

To be announced

After allotment

Listing on NSE/BSE

To be announced

Post listing formalities

Note: Investors should refer to official filings for final IPO dates to learn more about Aarvee Engineering Consultants IPO listing details and price, and listing timelines.

Keep yourself updated : Check Upcoming IPO

Disclaimer

This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo

  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo 

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/ 

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos 

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner 

FAQs

When did Aarvee Engineering Consultants Limited file its DRHP?

Aarvee Engineering Consultants Limited has filed its Draft Red Herring Prospectus with SEBI as part of its proposed IPO process. The exact filing date is available in the official DRHP documents.

What stage is the IPO currently at?

The IPO is currently at the DRHP review stage. SEBI observations are awaited before further steps such as filing of the Red Herring Prospectus and announcement of IPO dates.

What is the proposed structure of the IPO?

The IPO comprises a combination of a fresh issue of equity shares and an offer for sale by existing shareholders, as disclosed in the DRHP.

Where are the shares proposed to be listed?

Subject to regulatory approvals, the company proposes to list its equity shares on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

What is the company’s core business focus?

Aarvee Engineering Consultants Limited operates in the infrastructure consultancy space, offering engineering design, project management, and advisory services across transportation, highways, railways, and urban infrastructure sectors.

Hi! I’m Geetanjali Lachke
Financial Content Specialist

Geetanjali is an emerging content writer with a passion for writing and marketing. She focuses on crafting clear, engaging blog posts and articles that simplify complex topics, particularly in finance and business. Geetanjali is dedicated to delivering insightful content that helps readers understand and navigate critical concepts, empowering them to make informed decisions and stay ahead in the ever-evolving landscape of finance and business.

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