#CommtelNetworks #IPO #DRHP #iTSS #CriticalInfrastructure #OFS #SEBI #OilAndGas #PowerSector
Chandigarh: Commtel Networks Limited, a specialist in designing, building, and implementing integrated telecommunication, security, and safety (iTSS) systems for critical national infrastructure (CNI) facilities, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to launch an Initial Public Offering (IPO). The company primarily serves the crucial oil and gas and power sectors.
IPO Structure and Offr Details
The proposed IPO is set to raise up to ₹900 Crores (₹9,000.00 million), making it a significant offering in the technology solutions space.
The OFS component includes major selling by the company’s leadership:
- Shriprakash R. Pandey (Founder, Promoter, and Managing Director) proposes to sell shares aggregating up to ₹344 Crores (₹3,440.00 million).
- Satish Pookulangara (Non-Executive Director) and Ramakrishnan Saseendran Kodapully are the Other Selling Shareholders, each proposing to sell shares aggregating up to ₹203 Crores (₹2,030.00 million).
Equirus Capital Private Limited and DAM Capital Advisors Limited are the appointed book running lead managers (BRLMs) for the offer.
Business and Operational Expertise
Commtel designs and implements integrated technology platforms that act as the “digital nervous system” for Critical National Infrastructure, ensuring secure connectivity and real-time data exchange for uninterrupted operations.
As of March 31, 2025, the company’s track record includes:
- Project Completion: Completed 600 projects across 19 countries.
- Customer Base: Served over 400 customers.
- Technological Integration: Experience in integrating 44 distinctive technology systems within its iTSS framework.
Industry Outlook and Market Opportunity
The company is strategically positioned to benefit from high-growth trends in the iTSS market, according to an F&S report cited in the DRHP.
- Market Growth: The India iTSS market is forecasted to grow at an estimated CAGR of from FY 2025 to FY 2030.
- Global Comparison: This growth rate is expected to be faster than the global average and higher than the APAC region’s estimated CAGR of for the same period.
- Market Size: The India iTSS market is projected to grow from an estimated size of Million in FY 2025 to Million in the next five years.
The structural market trends supporting the ITSS sector underscore the significant opportunity Commtel aims to capitalize on with the IPO capital.
#CommtelNetworks #IPO #DRHP #iTSS #CriticalInfrastructure #OFS #SEBI #OilAndGas #PowerSector
