case₹17 Crpage 374
Core4 Engineers–DPIPL JV v. Union of India (General Manager, Southern Railway) & Others — arbitration claim of Rs. 1,703.97 lakhs for wrongful termination of FOB contract at 5 stations under Palakkad Division
Bidding closedSMEEngineering - ConstructionCORE4
Core4 Engineers IPO
Core4 Engineers IPO is an SME IPO raising ₹55 Cr at ₹88 – ₹93 a share. The smallest application you can make is 1200 shares, costing ₹1,11,600 at the top of the band. Bidding has closed; the shares list on 30 Oct 2026. So far it has been subscribed 4.54× in total.
₹88 – ₹93
Price band
₹1,11,600
Minimum to apply (1200 shares)
₹55 Cr
Issue size
27 Oct 2026
Bidding closes
4.54×Subscribed · all exchanges
4.5 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 5 | 3 | ₹19 Cr |
| Promoters | 1 | 7 | 0 | ₹0.6 Cr |
| Directors | 0 | 6 | 0 | ₹0.2 Cr |
| Subsidiaries | 0 | 0 | 0 | — |
case₹1.5 Crpage 373
Core4 Engineers v. Union of India & Another (Southern Railway, Mangalore) — arbitration claim of Rs. 154.46 lakhs for wrongful termination of coach watering contract and refund of performance guarantee
case₹0.1 Crpage 376
Promoter Mahadevappa Tejus v. Vijay Kumar — criminal complaint under Section 138 of Negotiable Instruments Act over dishonoured cheque of Rs. 5 lakhs; non-bailable warrants issued through Vidhanasoudha Police Station
casepage 373
Pushkraj Crushing Equipments v. Senior Divisional Engineer (South Western Railway) & Another (incl. Company) — writ petition before Karnataka High Court challenging award of railway tender to the company; company has sought deletion of its name
casepage 372
Company received summons on Feb 27, 2025 from Asst. Commissioner of Commercial Taxes (Enforcement), Bangalore seeking books of accounts for FY 2020-21 to 2024-25; company filed reply and inspection was conducted at its premises
Conversion: 1 crore = 100 lakhs = 10 million. Company amount (Rs.19.01 crore) combines Rs.18.58 crore in arbitration claims filed BY the company (recovery, not liability) with Rs.0.43 crore in tax demands and TDS defaults (potential liability). Indirect tax summons amount and Pushkraj writ petition monetary exposure are not stated. TDS defaults of Rs.85,621 across 3 financial years are administrative and excluded from the 'tax' count of 5 but included in the amount. KMP/Senior Management (Harsha Kumar CD, Nischith P) have 4 income-tax demand entries totalling ~Rs.7.65 lakhs but fall outside the schema's 5-party list. The Company has no group companies. No grand total is stated in the prospectus.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.