Karbonsteel Engineering IPO is a book build issue of ₹59.30 crores. The issue is a combination of fresh issue of 0.30 crore shares aggregating to ₹48.33 crores and offer for sale of 0.07 crore shares aggregating to ₹10.97 crores.
Karbonsteel Engineering IPO opens for subscription on Sep 9, 2025 and closes on Sep 11, 2025. The allotment for the Karbonsteel Engineering IPO is expected to be finalized on Sep 12, 2025. Karbonsteel Engineering IPO will list on BSE SME with a tentative listing date fixed as Sep 16, 2025.
Karbonsteel Engineering IPO price band is set at ₹151.00 to ₹159.00 per share . The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,54,400.00 (1,600 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (2,400 shares), amounting to ₹3,81,600.
Karbonsteel Engineering IPO offers total 37,29,600 shares. Out of which 17,68,800 (47.43%) allocated to QIB, 7,08,000 (18.98%) allocated to QIB (Ex- Anchor), 5,32,800 (14.29%) allocated to NII, 12,40,000 (33.25%) allocated to RII and 10,60,800 (28.44%) allocated to Anchor investors.
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
The following table depicts the minimum and maximum investment by
Individual Investors (Retail) and HNI in terms of shares and amount.
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
About Karbonsteel Engineering Ltd.
Incorporated in 2011, Karbonsteel Engineering Limited is an engineering solutions provider, specializing in designing, manufacturing, and supplying high-quality products across various industries.
The company provides structural engineering and fabrication solutions for steel plants, railway bridges, oil & gas plants, refineries, and other industries, supporting construction, expansion, and modernization of large-scale projects.
The company operates two manufacturing facilities in Gujarat and Maharashtra, producing heavy steel structures, PEBs, and steel bridges, with a combined capacity of 32,400 MT per year.
Services Offers:
Heavy Steel Fabricated Structures: Large steel components supporting heavy loads in industrial and infrastructure projects.
Precision Fabricated Steel Structures: Customized steel components requiring high accuracy for industrial and process applications.
Steel Bridge Structures: Steel components for constructing railway and road bridges with high load-bearing capacity.
Pre-Engineered Buildings (PEBs): Customized steel systems for efficient, cost-effective industrial and commercial building construction.
As of January 31, 2025, the company had a total workforce of 349 employees across locations.
Competitive Strengths:
Capabilities to execute large-scale industrial and infrastructure projects
Strong Order Book
In-House manufacturing and testing capabilities
Strong relationship with customers
Experienced Promoters with strong management team having domain knowledge
Company Financials
Karbonsteel Engineering Ltd. Financial Information (Restated)
Karbonsteel Engineering Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 that is available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 that is available in RHP.
The Company Karbonsteel Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds
12.29
2
Repayment of a portion of certain borrowings availed by the Company
3.08
3
To meet the Working Capital requirements
25.25
4
General Corporate Purpose
Karbonsteel Engineering IPO Review
[Dilip Davda] KEL is engaged in the business of structural engineering and fabrication especially large-scale developments, that is ongoing. The company enjoys niche place in the segment with high margin large structural works. It marked growth in its top and bottom lines for the reported periods. It has Rs. 330 cr. worth orders on hand as of July 31, 2025. Based on its recent financial data, the issue appears fully priced. Investors may park funds for the long term. Read detail review...
Karbonsteel Engineering IPO is a SME IPO of 37,29,600 equity shares of the face value of ₹10 aggregating up to ₹59.30 Crores. The issue is priced at . The minimum order quantity is 800.
The IPO opens on September 9, 2025, and closes on September 11, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Karbonsteel Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Karbonsteel Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Karbonsteel Engineering IPO through Zerodha
Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the 'Karbonsteel Engineering IPO' row and click the 'Bid' button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
The Karbonsteel Engineering IPO opens on September 9, 2025 and closes on September 11, 2025.
Karbonsteel Engineering IPO lot size is 800, and the minimum amount required for application is ₹2,54,400, with 2 lots being the minimum application size.
You can apply in Karbonsteel 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 Karbonsteel Engineering IPO listing date is not yet announced. The tentative date of Karbonsteel Engineering IPO listing is Tuesday, September 16, 2025.
RHP
