Core4 Engineers Limited has raised ₹54.82 crore from an initial public offering of equity shares comprised entirely of a fresh issue.

Rajani Associates advised Core4 Engineers as well as the book running lead manager Socradamus Capital Private Limited on this IPO. The Firm's scope of work included conducting legal diligence; and preparing and finalizing the chapters and stock exchange replies thereto.

The transaction was led by Sangeeta Lakhi (Senior Partner), with support from Associates Shubh Poddar, Sudhanshu Kulkarni and Ria Rastogi.

Core4 Engineers is an engineering, procurement, construction and commissioning (EPCC) company engaged in providing integrated infrastructure solutions across multiple domains, with a primary focus on the railway infrastructure, power transmission & distribution and water & wastewater treatment sectors.

The IPO was subscribed 5.44 times overall. The Company will use the funds for infrastructure expansion.

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