Karamtara Engineering Ltd IPO
Price Range
₹241 - ₹254
-
Min. Quantity
59 Shares
Closes on
September 11, 2026
-
Min. investment
₹14,986
Karamtara Engineering Ltd IPO Timeline
| Event | Date |
|---|---|
| Karamtara Engineering Ltd IPO Opening Date | September 9, 2026 |
| Karamtara Engineering Ltd IPO Closing Date | September 11, 2026 |
| Basis of Allotment | September 15, 2026 |
| Initiation of Refunds | September 16, 2026 |
| Credit of Shares to Demat | September 16, 2026 |
| Karamtara Engineering Ltd IPO Listing Date | September 17, 2026 |
Karamtara Engineering Ltd IPO Details
| Karamtara Engineering Ltd IPO Date | September 9, 2026 to September 11, 2026 |
| Karamtara Engineering Ltd IPO Face Value | ₹10 per share |
| Karamtara Engineering Ltd IPO Price | ₹241 to ₹254 per share |
| Karamtara Engineering Ltd IPO Lot Size | 59 |
| Issue Size | Shares of ₹10 (aggregating up to ₹875 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹675 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹200 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 72,61,410 of the Net Offer |
| Retail Shares Offered | Not less than 1,27,07,469 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 54,46,058 of the Net Offer |
| Company Promoters | Tanveer Singh, Rajiv Singh, Inderjeet Singh |
Karamtara Engineering Ltd IPO Lot Size
The Karamtara Engineering Ltd IPO lot size is 59 shares. A retail-individual investor can apply for up to 13 lots (767 shares or ₹1,94,818).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 59 | ₹14,986 |
| Maximum | 13 | 767 | ₹1,94,818 |
- 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 |
|---|---|---|---|
| 03-2025 | 2,729.18 | 3,115.9 | 134.92 |
| 03-2024 | 1,819.49 | 2,404.78 | 100.73 |
| 03-2023 | 1,510.5 | 1,577.01 | 40.69 |
| 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 Promoter Holding
| Pre Issue Share Holding | 22.16% |
| Post Issue Share Holding | 19.11% |
Karamtara Engineering Ltd IPO Subscription Status (Bidding Detail)
The Karamtara Engineering Ltd IPO is subscribed 1.27 times on September 11, 2026 05:00:00 PM. The public issue subscribed 1.0746 times in the retail category, 1.198 times in the QIB category, and 1.8054 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.198 | 1.8054 | 1.0746 | - | 1.27 |
Karamtara Engineering Ltd IPO Prospectus
Karamtara Engineering Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE590T01012 |
| 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.
How to Check the Allotment Status of Karamtara Engineering Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Karamtara Engineering Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Karamtara Engineering Ltd IPO
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.
