Pentacle Consultants (I) Ltd. has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed IPO. The offering comprises a fresh issue of up to Rs.106.7 crore along with an offer for sale of up to 21.25 lakh shares.
The Mumbai-based infrastructure consultancy provides services related to roads, bridges, tunnels, ports, buildings and project management for government and private-sector clients in India and the UAE. Its revenue from operations increased from Rs.30.28 crore in FY24 to Rs.91.73 crore in FY26, while FY26 profit after tax stood at Rs.28.86 crore.
The company has not yet announced the IPO price band, lot size or subscription dates. The proposed issue will first go through SEBI’s review process before the company proceeds towards the next stages of the public offering.
