Hyderabad firm Aarvee Engineering Consultants will get Sebi nod for IPO – The Occasions of India – Company Technique & Outlook

HYDERABAD: Aarvee Engineering Consultants Restricted has acquired the Securities and Alternate Board of India (Sebi)’s approval to proceed with its preliminary public providing (IPO) that includes a contemporary subject of fairness shares aggregating as much as Rs 202.5 crore and a suggestion on the market of as much as 67.5 lakh fairness shares by promoter Venkatachala Chakrapani Redla.The Hyderabad-based firm, which offers design and supervision companies for infrastructure tasks, had filed its draft crimson herring prospectus (DRHP) with Sebi in September 2025 and acquired the regulator’s observations final week.As per the DRHP, the corporate plans to utilise the proceeds from the contemporary subject for a number of functions, together with reimbursement or prepayment of excellent borrowings price Rs 76 crore. The corporate additionally plans to take a position Rs 21.9 crore in its Indian subsidiary SRA OSS Pvt Ltd to additional develop geospatial options and digital engineering applied sciences. It additionally plans extra investments in its abroad subsidiaries, together with Rs 34.8 crore in Australian unit Aarvee Engineering Consultants Pty Ltd and Rs 20.8 crore in UK-based Aarvee Associates Restricted. The remaining funds are earmarked for basic company functions.Aarvee, which posted a revenue after tax of Rs 51 crore on a income from operations of Rs 567 crore for monetary 12 months 2024-25, has labored on tasks such because the Amaravati capital metropolis undertaking, the excessive pace rail initiative, the devoted freight rail hall and the OKHA-Beyt Dwarka cable stayed bridge. As of June 30, 2025, it had executed over 2,750 tasks in 20 nations.