Karamtara Engineering Ltd
Pre Issue Shares
29,22,95,240
No. of Shares Issued
-
Pre Issue Equity Amt.
₹292.3 Cr
DP Filling Date
22 January 2025
Karamtara Engineering Ltd IPO Timeline
Karamtara Engineering Limited was incorporated as Karamtara Engineering Private Limited' as a Private Company dated May 8, 1996, issued by the Additional Registrar of Companies, in Mumbai. The status was converted into a Public Company as Karamtara Engineering Limited' dated December 16, 2024 issued by the Registrar of Companies, Central Processing Centre. The Company is backward integrated manufacturer of products for renewable energy and transmission lines sectors. hardware fittings and accessories.
Karamtara Engineering Ltd IPO Details
| Karamtara Engineering Ltd IPO Date | - |
| Karamtara Engineering Ltd IPO Face Value | - |
| Karamtara Engineering Ltd IPO Price | - |
| Karamtara Engineering Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Tanveer Singh, Rajiv Singh, Inderjeet Singh |
- Strengths
- Risks
- Opportunities
- 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.
- Consistent track record of financial performance and strong financial position.
Company Financials
Karamtara Engineering Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,819.49 | 2,404.34 | 100.73 |
| 03-2023 | 1,510.5 | 1,577.01 | 40.69 |
| 03-2022 | 1,516.48 | 1,310.73 | 15.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding prepayment, repayment and/or payment obligations to our lenders towards borrowings and acceptances, in part or full
- General corporate purposes
Karamtara Engineering Ltd IPO Prospectus
Karamtara Engineering Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
705 Morya Landmark IINew Link Road Andheri (W),Mumbai-400053
Phone: 91-22-4071 0000
Email: investors@karamtara.com
Website: www.karamtara.com
Karamtara Engineering Ltd IPO Registrar
Karamtara Engineering Ltd IPO Lead Manager(s)
- JM Financial Ltd.
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.