Electromech Infraprojects Ltd on Monday (October 26) said it has filed its Draft Red Herring Prospectus (DRHP) for an initial public offering (IPO) comprising a fresh issue of equity shares worth up to ₹326 crore and an offer for sale (OFS) of up to 18,91,000 equity shares by existing shareholders.
The DRHP, dated September 23, 2026, marks a step towards the company’s proposed listing in the capital markets. The equity shares will have a face value of ₹5 each.
Electromech Infraprojects provides mechanical, electrical and plumbing (MEP) solutions across data centres, Global Capability Centres (GCCs), and commercial and industrial projects. Its capabilities cover technical design, engineering, procurement, project execution, testing and commissioning.
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The company’s execution model integrates procurement, engineering and quality control, supported by project-management systems such as Building Information Modelling (BIM). The technology enables integrated three-dimensional modelling of its MEP scope to identify and resolve design clashes before site work begins.
As of March 31, 2026, the company had an order book of ₹829.72 crore across 45 ongoing projects. Data centres accounted for ₹729.46 crore (87.92%), GCCs for ₹37.36 crore (4.50%) and commercial and industrial projects for ₹62.90 crore (7.58%). The DRHP also identifies a 48 MW data-centre project in Telangana, with an order book value of ₹501 crore, exclusive of GST, as one of its larger ongoing assignments.
The contribution of repeat customers to revenue from operations increased from 87% in fiscal 2024 to 89% in fiscal 2025 and 95% in fiscal 2026, according to the DRHP.
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For fiscal 2026, the company reported consolidated revenue from operations of ₹427.05 crore, earnings before interest, taxes, depreciation and amortisation (EBITDA) of ₹46.50 crore, and profit after tax (PAT) of ₹36.19 crore. The EBITDA margin stood at 10.80%, while the PAT margin was 8.41%.
Varun Maniar, Managing Director, Electromech Infraprojects Ltd, said, “Filing the DRHP is an important step for Electromech Infraprojects as we continue to build our capabilities across data centres and other mission-critical infrastructure.
Our focus remains on strengthening our engineering and execution capabilities and delivering integrated solutions for increasingly complex infrastructure projects. We believe our experience across projects and our focus on execution will remain important as we work towards the company’s next phase of growth.”
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