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Karamtara Engineering Ltd

Karamtara Engineering Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹254
₹254
GMP (Grey Market)
+₹62
+24.41%
Est. Listing Price
₹316
Based on GMP
Min. Investment
₹14,986
1 lot × 59 shares
Subscribed
46.38x
Over-subscribed
IPO Details
Open Date
09 Sep 2026
Close Date
11 Sep 2026
Allotment
15 Sep 2026
Listing Date
17 Sep 2026
Exchange
NSE & BSE
Price Band
₹254
Listing Price
See chart
Allotment Status
Price Band
₹254
Per share
Face Value
₹10 per share
 
Lot Size
59 Shares
per lot
Issue Size
3,44,48,817 shares (agg. up to ₹875 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,986
1 lot
Pre-IPO Holding
29,52,47,996 shares
Promoters
Post-IPO Holding
32,18,22,799 shares
Promoters
P/E (Pre)
32.77x
 
P/E (Post)
35.72x
 
EPS (Pre)
₹7.75
 
EPS (Post)
₹7.11
 
UPI Deadline
5:00 PM on 11 Sep 2026
Mandate
GMP
+₹62
+24.41% est.
Anchor AllotmentTue, 08 Sep 2026
Basis of AllotmentTue, 15 Sep 2026
Refund InitiationWed, 16 Sep 2026
Demat CreditWed, 16 Sep 2026
Listing DayThu, 17 Sep 2026
UPI Mandate Deadline5:00 PM on 11 Sep 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares2,65,74,803 shares (agg. up to ₹675 Cr)
Offer for Sale78,74,014 shares of ₹10 (agg. up to ₹200 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Karamtara Engineering Ltd IPO subscribed 46.38 times overall. Retail: 13.73x. QIB: 67.84x. NII: 51.05x. By 11 Sep 2026.
QIB
67.84x
Over
NII/HNI
51.05x
Over
Retail
13.73x
Over
Total
46.38x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 67.84x
17,224,408
— ₹437.50
NII / HNI
Over 51.05x
5,167,323
— ₹131.25
Retail
Over 13.73x
12,057,086
— ₹306.25
Total 46.38x
34,448,817
100% ₹875.00
IPO Shares Offered
Karamtara Engineering Ltd IPO total issue size: ₹875.00 Cr. Retail: ₹306.25 Cr. QIB: ₹437.50 Cr. NII: ₹131.25 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 17,224,408 ₹437.50
50.00%
NII 5,167,323 ₹131.25
15.00%
Retail 12,057,086 ₹306.25
35.00%
Total 34,448,817 ₹875.00
100.00%
* Based on upper price band ₹254 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 5,167,323 12,057,086 17,224,409
Allotment price (₹) 254 254 254 254 254 254 254 254
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹306.25 ₹306.25
Times subscribed 67.84x — — — — 51.05x 13.73x 46.38x
Shares allotted — — — — — 5,167,323 12,057,086 17,224,409
No. of allottees — — — — — — — —
* Upper price band ₹254 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
59
Shares per Lot
Issue Price
₹254.00
Upper Band
Min Investment
₹14,986
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2118₹29,972
Retail (Max — 13 Lots)13767₹194,818
S-HNI (Min — 14 Lots)14826₹209,804
B-HNI (Min — 68 Lots)684,012₹1,019,048
* Issue Price ₹254 × Lot Size 59 shares
IPO Schedule
Anchor
08 Sep 2026
✓ Done
IPO Open
09 Sep 2026
✓ Done
IPO Close
11 Sep 2026
✓ Done
Allotment
15 Sep 2026
✓ Done
Refunds
16 Sep 2026
✓ Done
Demat Credit
16 Sep 2026
✓ Done
Listing Day
17 Sep 2026
✓ Done
Karamtara Engineering Ltd — Live Price LIVE
₹254.00
INR · BSE
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Issue ₹254.00 GMP: +₹62 Live Price
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 componentsDiverse 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 countriesEstablished relationships with global customers and high customer retentionStrategic network of manufacturing facilities with advanced capabilitiesExperienced Promoter Directors supported by a skilled management team
Objects of the Issue
1
Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full
2
General corporate purposes
Karamtara Engineering Ltd Financials (Amount in ₹ Crores)
Revenue from Operations
₹2,427.1
31 Mar 2024
₹3,165.4
31 Mar 2025
₹4,316.4
31 Mar 2026
Profit After Tax (PAT)
₹102.7
31 Mar 2024
₹139.3
31 Mar 2025
₹228.8
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 4316.36 3165.36 2427.12
EBITDA 498.11 346.83 262.93
Profit After Tax (PAT) 228.75 139.33 102.65
Net Worth 1219.40 982.67 552.92
Total Assets 4142.24 2762.59 1844.56
Reserves & Surplus 926.55 690.53 547.46
Borrowings 556.28 556.28 508.51
EBITDA Margin (%) N/A — —
PAT Margin (%) 11.55 — —
P/BV Ratio
6.09
RoE
20.77
RoCE
23.27
RoNW
20.78
PAT Margin
11.55
Debt/Equity
0.84
Issue Structure & Shareholding
Total Shares Offered3,44,48,818
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding29,52,47,996 shares
Post-Issue Promoter Holding32,18,22,799 shares
P/BV Ratio6.09
RoE20.77
RoCE23.27
Debt / Equity0.84
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd
ICICI Securities Ltd
IIFL Capital Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Karamtara Engineering Ltd IPO subscribed? ▲

Karamtara Engineering Ltd IPO is subscribed 46.38 times by Sep 11, 2026. Retail: 13.73x. QIB: 67.84x. NII: 51.05x.

Investor CategorySubscription
Qualified Institutional (QIB)67.84x
Non Institutional (NII/HNI)51.05x
Retail Individual13.73x
Total Subscription46.38x
What is Karamtara Engineering Ltd IPO retail subscription status? ▼

The Karamtara Engineering Ltd IPO retail category is subscribed 13.73 times as of 11 Sep 2026. The retail portion is oversubscribed.

How to subscribe Karamtara Engineering Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Sep 2026 and closes 11 Sep 2026. Min investment: ₹14,986 (1 lot = 59 shares). UPI mandate: 5:00 PM on 11 Sep 2026.

How many times Karamtara Engineering Ltd IPO subscribed? ▼

The Karamtara Engineering Ltd IPO subscribed 46.38x overall. QIB: 67.84x, NII: 51.05x, Retail: 13.73x. Applications: from NSE/BSE.

How to check Karamtara Engineering Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Sep 2026. Refunds: on 16 Sep 2026.

When Karamtara Engineering Ltd IPO will be listed? ▼

The Karamtara Engineering Ltd IPO listing date is 17 Sep 2026, Thursday. Listed on: NSE & BSE. Issue price: ₹254. Estimated listing: ₹316. GMP: +₹62.

When Karamtara Engineering Ltd IPO close? ▼

The Karamtara Engineering Ltd IPO closes on 11 Sep 2026, Friday. UPI mandate: 5:00 PM on 11 Sep 2026. Allotment: 15 Sep 2026. Listing: 17 Sep 2026.