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Karamtara Engineering Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Closed
GMP +₹67 +26.38% Est. Listing ₹321 P&L/Lot +₹3,953
Issue Price
₹254
Face ₹10
GMP
+₹67
+26.38% premium
Est. Listing
₹321
GMP based
Subscribed
66.01
🔥 Hot
Min Amount
₹14,986
1 lot · 59 shares
Lot Size
59
shares / lot
Allotment
Important Dates
2/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
09 Sep 2026
Wed Completed
Done
Close Date
11 Sep 2026
Fri Completed
Soon
Allotment
15 Sep 2026
Tue Upcoming
Soon
Refund
16 Sep 2026
Wed Upcoming
Soon
Demat Credit
16 Sep 2026
Wed Upcoming
Soon
Listing Date
17 Sep 2026
Thu Upcoming
Issue Details
Pricing & Size
Issue Price
₹254 Face ₹10
Lot Size
59 shares
Min Investment
₹14,986
Total Issue Size
3,44,48,817 shares (agg. up to ₹875 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
6889765.00
NII / HNI
5167323.00
Retail
12057086.00
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
29,52,47,996 shares
Post-Issue Shareholding
32,18,22,799 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 59 14,986
Objects of Issue
2 objectives
1
Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full
600.00 Cr
2
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
JM Financial Ltd
ICICI Securities Ltd
IIFL Capital Services Ltd
IPO Timeline
Open
09 Sep
✓ Done
Close
11 Sep
✓ Done
Allotment
15 Sep
Upcoming
Listing
17 Sep
Upcoming
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
022-49186000
Email
karamtara.ipo@linkintime.co.in
Company Contact
Email
investors@karamtara.com
Phone
+91 22 4071 0000
Address
705, Morya Landmark II, New Link Road, Andheri (West), Mumbai, Maharashtra, 400053
Grey Market Premium
LIVE
Current GMP
+₹67
+26.38% vs Issue Price
Issue Price
₹254
Est. Listing
₹321
Lot Size
59 shares
P&L / Lot
+₹3,953
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
66.01
Overall Sub.
🔥 Hot
168.19
QIB
13.98
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 168.19× 68,89,765 1,15,88,19,885 ₹29,434.03 Cr
NII / HNI (Total) 51.17× 51,67,323 26,43,90,092 ₹6,715.51 Cr
Retail Investors 13.98× 1,20,57,086 16,85,41,288 ₹4,280.95 Cr
Total ** 66.01× 2,41,14,174 1,59,17,51,265 ₹40,430.48 Cr
Market Maker *
* Based on ₹254.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
68,89,765
NII
51,67,323
Retail
1,20,57,086
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crores
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue4316.363165.362427.12
PAT228.75139.33102.65
EBITDA498.11346.83262.93
Net Worth1219.40982.67552.92
Total Assets4142.242762.591844.56
Reserves926.55690.53547.46
Borrowings556.28556.28508.51
Key Financial Ratios
20.77
ROE
Return on Equity
23.27
ROCE
Return on Capital Employed
20.78
RONW
Return on Net Worth
11.55
PAT Margin
PAT / Revenue
0.84
D/E Ratio
Debt to Equity
6.09
P/BV
Price to Book Value
7.75
Pre EPS
EPS Pre-Issue
7.11
Post EPS
EPS Post-Issue
32.77
Pre P/E
P/E Pre-Issue
35.72
Post P/E
P/E Post-Issue
About Karamtara Engineering Ltd

Incorporated in 1996, Karamtara Engineering Limited is engaged in the business of manufacturing Products for renewable energy and transmission lines.

The company offers a diverse product portfolio, serving as a one-stop shop for solar structures (fixed-tilt and trackers), fasteners for solar energy and transmission sectors, and overhead transmission line hardware fittings.

The company is entering the wind energy sector by setting up a manufacturing facility for tubular towers for wind turbines, with operations expected to begin in the first quarter of Fiscal 2026.

As of March 31, 2026, the company has a global presence, exporting to over 50 countries across North America, Europe, Asia, Africa, Australia, and Latin America, with a broad geographical footprint and delivery model.

The company focuses on backward integration with in-house galvanizing facilities, the largest in India's solar energy sector (258,000 MTPA), and rolling mill furnaces, providing competitive advantages in the supply chain, time efficiency, and cost.

Fiscals 2024, 2025 and 2026 we served a total of 48, 73 and 65 customers for our solar products, respectively.

Product Portfolio:

  • Solar energy: They offer a wide range of solar mounting products, including fixed-tilt structures and tracker components for all types of solar projects.
  • Lattice towers for transmission lines: The company manufactures a wide range of lattice towers for power transmission lines, with capabilities up to 1,200 kV. As of September 30, 2024, it has supplied over 0.5 million MT of towers globally.
  • Fasteners for solar, wind, and transmission segments: The company manufactures a wide range of fasteners for industries like solar, wind, transmission, automobile, and telecom, including bolts, nuts, studs, washers, and custom fasteners for global clients and industrial applications.

As of March 31, 2024, the company had 1,015 permanent employees.

Competitive Strengths:

  • Largest integrated manufacturer in India for solar mounting structures and tracker components
  • Diverse product offerings acting as a one-stop shop for solar structures (fixed-tilt and trackers).
  • Extensive global footprint with a track record of exports to over 50 countries
  • Established relationships with global customers and high customer retention
  • Strategic network of manufacturing facilities with advanced capabilities
  • Experienced Promoter Directors supported by a skilled management team
Frequently Asked Questions
What is the issue price of Karamtara Engineering Ltd IPO?
The issue price of Karamtara Engineering Ltd IPO is ₹254 per share, face value ₹10.
What is the lot size?
Minimum lot size is 59 shares, requiring ₹14,986.
What are the IPO dates?
Opens 09 Sep 2026, closes 11 Sep 2026.
When is the listing date?
Tentative listing: 17 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹67, estimated listing ₹321 (+26.38%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Karamtara Engineering Ltd IPO · Expected 15 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
15 Sep 2026
Refund Initiation
16 Sep 2026
Demat Credit
16 Sep 2026
Listing Date
17 Sep 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹67
+26.38%
Issue Price
₹254
Face ₹10
Lot Size
59
shares / lot
Min Amount
₹14,986
1 lot
Est. Listing
₹321
GMP +₹67
Subscription
Overall66.01×
QIB168.19×
NII51.17×
Retail13.98×
Key Dates
Open
09 Sep Done
Close
11 Sep Done
Listing
17 Sep Soon
Registrar
MUFG Intime India Pvt.Ltd
A
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