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Karamtara Engineering Ltd IPO

Open Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,986
59 shares · 1 lot

Karamtara Engineering Ltd IPO is priced at ₹241–₹254 per share with an issue size of ₹875 crore. The IPO opens on Sep 09, 2026 and closes on Sep 11, 2026, with a lot size of 59 shares and a minimum investment of ₹14,986.

Open
09 Sep
Close
11 Sep
Allotment
15 Sep
Refund
16 Sep
Listing
17 Sep

Market Sentiment

Grey Market Premium

Full history →
+₹75.00 +29.5%
Est. listing: ₹329
Updated 10 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹241.00 - ₹254.00 per share
Lot Size59 shares
Min Investment₹14,986
Total Issue Size ₹875.00 crore
Shares Offered3,44,48,817
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)JM Financial Ltd., ICICI Securities Ltd., IIFL Capital Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹254 · lot size 59 shares · estimated listing price ₹329 (GMP +₹75)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 59 ₹14,986 ₹19,411 +₹4,425
Retail (Max) 13 767 ₹1,94,818 ₹2,52,343 +₹57,525
S-HNI (Min) 14 826 ₹2,09,804 ₹2,71,754 +₹61,950
S-HNI (UPI limit) 33 1,947 ₹4,94,538 ₹6,40,563 +₹1,46,025
S-HNI (Max) 66 3,894 ₹9,89,076 ₹12,81,126 +₹2,92,050
B-HNI (Min) 67 3,953 ₹10,04,062 ₹13,00,537 +₹2,96,475
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹7.75
P/E (Post)
35.72 x
RoNW
20.78%
RoCE
23.27%
Net Worth
₹1219.40 Cr
MetricLatest Reported
Total Income₹4316.36 Cr
Profit After Tax₹228.75 Cr
Net Worth₹1219.40 Cr

Promoters & Holding

Promoters: Tanveer Singh, Rajiv Singh

Promoter Holding (Pre-Issue)94.79%
Promoter Holding (Post-Issue)83.64%

Strengths & Risks

Strengths

  • 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

Risks & Concerns

  • Dependence on the renewable energy sector which is subject to regulatory changes
  • Competition from other manufacturers in the renewable energy space
  • Potential fluctuations in raw material prices affecting profitability
  • Challenges in scaling operations to meet increasing demand
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Karamtara Engineering Limited is engaged in the business of manufacturing Products for renewable energy and transmission lines, offering a diverse product portfolio.

Entering the wind energy sector with a new manufacturing facility.

Founded1996
HeadquartersMumbai, Maharashtra
IndustryRenewable Energy
Websitehttps://karamtara.com/

Objects of the Issue

  • Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full
  • General corporate purposes

Registrar & Allotment

RegistrarMUFG Intime India Pvt.Ltd.
Phone022-49186000
Email[email protected]

Resources & Documents

Frequently Asked Questions

12 answers about Karamtara Engineering Ltd IPO — dates, pricing, allotment and listing.

Karamtara Engineering Ltd IPO is a bookbuilding ipo of ₹875 crore. The issue is priced at ₹241–₹254 per share, with a lot size of 59 shares. Bidding opens on Wed, 09 Sep 2026 and closes on Fri, 11 Sep 2026, with shares to be listed on BSE and NSE.

The price band is ₹241–₹254 per share.

One lot is 59 shares. Bids must be placed in multiples of 59.

A retail investor needs at least ₹14,986 – one lot of 59 shares at ₹254, the upper end of the price band.

Karamtara Engineering Ltd IPO opens on Wed, 09 Sep 2026 and closes on Fri, 11 Sep 2026.

Allotment is expected to be finalised on Tue, 15 Sep 2026.

Karamtara Engineering Ltd shares are expected to list on Thu, 17 Sep 2026 on BSE and NSE.

The company intends to use the net proceeds towards funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and acceptances, in part or full and general corporate purposes.

JM Financial Ltd., ICICI Securities Ltd. and IIFL Capital Services Ltd. are the book running lead managers. MUFG Intime India Pvt.Ltd is the registrar to the issue.

Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select Karamtara Engineering Ltd IPO, enter a quantity in multiples of 59 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.

Category-wise demand from retail, NII and QIB bidders is on the Karamtara Engineering Ltd IPO subscription page, and on the BSE and NSE websites.

From Tue, 15 Sep 2026, check the Karamtara Engineering Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.