Bengaluru – 30th September 2025: RKCPL Limited (“the Company”), a civil construction and infrastructure development company with experience in executing the specialized structural works across India including elevated roads, flyovers, bridges, road over bridges, highways, expressways, drainage systems, and canal systems has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).
The Company plans to raise funds aggregating up to ₹12,500 million [₹1,250 crore] through offer of equity share capital via initial public offering. The total issue size comprises of fresh issue of equity shares aggregating up to ₹7,000 million [₹700 crore] (The “Fresh Issue”) and offer for sale by Selling Shareholders aggregating up to ₹5,500 million [₹550 Crore]. (The “Offer for Sale”).
The Company proposes to utilize the Net Proceeds towards (i) Funding the capital expenditure requirements towards purchase of construction equipment; (ii) Funding working capital requirements; (iii) Pre-payment and/or re-payment, in full or in part, of certain outstanding borrowings; (iv) Investment in subsidiaries namely Bathinda Ludhiana Highway Private Limited, Poanta Saheb Highway Private Limited and Ambala Ring Road Highway Private Limited for re- payment/pre-payment in full or in part, of certain borrowings availed by such Subsidiaries; and (v) General corporate purposes.
RKCPL is a civil construction and infrastructure development company with experience in executing specialized structural works across India. The company’s expertise includes construction of elevated roads, flyovers, bridges, road over bridges, highways, expressways, drainage systems, canal systems.
Equirus Capital Private Limited and Anand Rathi Advisors Limited are the Book Running Lead Managers (BRLMs) to the issue.
