Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Karamtara Engineering Ltd. on June 6, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Karamtara Engineering Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Karamtara Engineering IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Jan 27, 2025 |
| SEBI/Exchange approval received | Fri, Jun 6, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
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 September 30, 2024, 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.
As of September 30, 2024, the company had 530 permanent employees. In addition, they have engaged 412 factory workers on the payroll.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 2,191.44 | 1,844.56 | 1,536.90 | 1,544.05 |
| Total Income | 1,414.31 | 2,427.12 | 1,601.07 | 1,246.68 |
| Profit After Tax | 58.99 | 102.65 | 42.36 | 12.65 |
| NET Worth | 588.46 | 552.92 | 450.20 | 408.85 |
| Reserves and Surplus | 582.77 | 547.14 | 444.49 | 402.13 |
| Total Borrowing | 538.53 | 508.51 | 327.36 | 427.58 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 20.45% |
| ROCE | 24.15% |
| Debt/Equity | 0.84 |
| RoNW | 20.47% |
| PAT Margin | 4.23% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.79% |
Lead Manager Reports
Karamtara Engineering IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Karamtara Engineering IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Karamtara Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Karamtara Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Karamtara Engineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Karamtara Engineering IPO dates are not announced. Please check back again after some time.
Karamtara Engineering IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Karamtara Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Karamtara Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Karamtara Engineering IPO allotment status.
The Karamtara Engineering IPO listing date is not yet announced. The tentative date of listing is .
