Absolute Project India Ipo IPO

Incorporated in February 1995, Absolute Projects Limited is an EPC company with in-house manufacturing of electrical and structural components for their infrastructure. As of December 31, 2025, under the Potheyr EPC portfolio, the company has completed 2,480 CKM of transmission and distribution lines. This includes installing a 885 MVA transformer and a 7,53,682 kVA distribution transformer. They laid 43.20 km of 66 kV and 33 kV underground cables and 8,311 km of LT distribution lines. They also built 55 substations from 33 kV to 220 kV, including air-insulated and gas-insulated types. As of December 31, 2025, the Order Book was ₹74,753.03 lakhs, reflecting estimated revenue from unexecuted contract parts. The company's business verticals includes the following: Power EPC Projects Supply of in-house manufactured electrical and structural components Civil construction Operation and Maintenance Service The company has a footprint across twelve (12) states and three (3) union territories in India. Competitive Strength Established track record of Power EPC Project management and execution capabilities Capabilities across manufacturing and lifecycle services supporting Power EPC execution Healthy Order Book providing visibility of future revenues Strong financial performance supported by growth in operations and improving profitability Experienced Promoters and Strong Management Team

Funding capital expenditure towards procurement of; (i) plant and machinery for modernization of Manufacturing Facility I; (ii) procurement of plant and machinery for commencement of operations at Manufacturing Facility II; and (iii) certain equipment and machineries required for execution of Power EPC Projects Repayment or pre-payment, in part or full of certain borrowings availed by the Company Funding of working capital requirement of the Company General Corporate Purposes Total