Karamtara Engineering IPO 2026: Date, Price Band, GMP, Allotment & Listing Details

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Karamtara Engineering Limited IPO
KE
Karamtara Engineering Limited IPO
Renewable Energy & Transmission · Solar Structures · Fasteners · Wind Energy Towers
📋 Mainline IPO Fresh + OFS NSE, BSE
₹254
Upper Price
₹875.00 Cr
Issue Size
Sep 17, 2026
Listing Date
₹7,499.30 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Wednesday, 9 September 2026
Bidding starts — apply before close
🔒
IPO Closes
Friday, 11 September 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Tuesday, 15 September 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Wednesday, 16 September 2026
Unallotted funds returned; shares credited to demat
🏷️
Thursday, 17 September 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date9 September 2026 (Wed)
IPO Close Date11 September 2026 (Fri)
Listing Date17 September 2026 (Thu)
Face Value₹10 per share
Price Band₹241 to ₹254
Issue Price (Upper Band)₹254 per share
Issue TypeBook Build — Fresh + OFS
Lot Size59 shares
Total Issue Size3,44,48,817 shares (₹875.00 Cr)
Fresh Issue2,65,74,803 shares (₹675.00 Cr)
Offer for Sale (OFS)78,74,014 shares (₹200.00 Cr)
Pre-Issue Shares29,52,47,996
Post-Issue Shares32,18,22,799
Promoter Holding (Pre)94.79%
Market Cap (Pre-IPO)₹7,499.30 Cr
Listing ExchangeNSE, BSE
Lead ManagerJM Financial, ICICI Securities, IIFL Capital Services
RegistrarMUFG Intime India Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹254
Investor TypeLotsSharesAmount
Retail — Minimum159₹14,986
Retail — Maximum13767₹1,94,818
S-HNI (sNII) — Min14826₹2,09,804
S-HNI (sNII) — Max663,894₹9,89,076
B-HNI (bNII) — Min673,953₹10,04,062
⚠️ Note: Investors can bid for a minimum of 59 shares and in multiples thereof. Retail individual investors can apply up to ₹2,00,000.
👥 Investor Reservation
Allocated portion of Net Offer
Not more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
Loading…
📈 Company Financials
Restated Consolidated · ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Total Assets4,142.242,762.591,844.56
Total Income4,316.363,165.362,427.12
PAT228.75139.33102.65
EBITDA498.11346.83262.93
Net Worth1,219.40982.67552.92
Reserves & Surplus926.55690.53547.46
Total Borrowing1,030.13556.28508.51
Income Growth
FY 2023–24₹2,427.12 Cr
FY 2024–25₹3,165.36 Cr
FY 2025–26₹4,316.36 Cr
🎯 Key Performance Indicators
20.77%
ROE
FY 2025–26
0.84
Debt/Equity
FY 2025–26
23.27%
ROCE
FY 2025–26
5.30%
PAT Margin
FY 2025–26
11.55%
EBITDA Margin
FY 2025–26
20.78%
RoNW
FY 2025–26
6.09x
Price/Book
FY 2025–26
41.72
NAV
FY 2025–26
⚖️ Valuation & EPS
Pre-IPO EPS
₹7.75
FY26 earnings + pre-issue shares
P/E: 32.77x
Post-IPO EPS
₹7.11
FY26 earnings + post-issue shares
P/E: 35.72x
Price to Book Value
6.09x
At upper price band ₹254
Market Cap (Pre-IPO)
₹7,499.30 Cr
At issue price ₹254
ℹ️ Pre-IPO EPS (₹7.75) based on pre-issue shares (29,52,47,996) and FY26 earnings. Post-IPO EPS (₹7.11) accounts for the dilution resulting from the issuance of 2,65,74,803 fresh equity shares extending the total post-issue equity to 32,18,22,799 shares. Post-IPO Market Cap expands to ₹8,174.30 Cr at the issue price of ₹254.
🎯 Objects of the Issue
Net proceeds utilisation
1
Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full
₹600.00 Cr
2
General Corporate Purposes
Balance
Total Fresh Issue Goal ₹675.00 Cr
🏢 About Karamtara Engineering Ltd.
Est. 1996 · Mumbai, Maharashtra · Renewable Energy & Transmission Products

Karamtara Engineering Limited, incorporated in 1996, is a premier integrated manufacturer specializing in critical infrastructure products tailored for the renewable energy and heavy power transmission sectors. Positioned strategically as a comprehensive one-stop shop, the company engineers and supplies solar structures (including fixed-tilt systems and advanced trackers), specialized industrial fasteners, and overhead transmission line hardware fittings.

The business boasts a massive global footprint, actively exporting its engineered products to over 50 countries spanning North America, Europe, Asia, Africa, Australia, and Latin America. Karamtara commands a profound competitive advantage through deep backward integration, operating the largest in-house galvanizing facility in India’s solar energy segment with a robust 258,000 MTPA capacity, complemented by captive rolling mill furnaces. Looking forward, the company is strategically expanding into the wind energy sector by establishing a state-of-the-art facility for manufacturing tubular towers for wind turbines, scheduled for commissioning in Q1 FY26.

Brand Ecosystem
☀️
Solar Mounting Systems
Fixed-tilt structures and advanced tracker components supporting massive solar energy projects.
⚡
Lattice Transmission Towers
Heavy-duty power transmission structures capable of supporting up to 1,200 kV transmission lines.
⚙️
Industrial Fasteners
Manufacturing high-grade bolts, nuts, studs, and custom fasteners for wind, solar, and telecom infrastructure.
🌀
Wind Energy Expansion
Establishing new manufacturing lines specifically for tubular towers powering wind turbines.
Competitive Strengths
🏆Recognized as the largest integrated manufacturer in India for solar mounting structures and components.
⚙️Deep backward integration featuring India’s largest solar galvanizing facility scaling 258,000 MTPA.
🌐Extensive global footprint executing consistent exports to over 50 nations across 6 continents.
📈Exceptional financial trajectory delivering a 64% surge in PAT alongside a top-tier 23.27% ROCE in FY26.
Company Promoters
TS
Tanveer Singh, Rajiv Singh & Inderjeet Singh
Promoters, Karamtara Engineering Ltd.
IT
Inderjeet Tanveer Singh Trust & Inderjeet Rajiv Singh Trust
Promoter Entities, Karamtara Engineering Ltd.
📅 Key Dates
IPO Opens09 Sep 2026
IPO Closes11 Sep 2026
Allotment15 Sep 2026
Refund & Share Credit16 Sep 2026
Listing Day17 Sep 2026
💡 Quick Summary
Price Band₹241 – ₹254
Upper Price₹254 / share
Lot Size59 shares
Min. Investment (Retail)₹14,986
Issue Size₹875.00 Cr
ListingBSE, NSE
🏦 Registrar & Lead Manager
Registrar
MUFG Intime India Pvt.Ltd.
📞 022-49186000
[email protected]
Lead Manager
JM Financial, ICICI Securities, IIFL Capital Services
📍 Registered Address
Karamtara Engineering Ltd.
705, Morya Landmark II,
New Link Road, Andheri (West),
Mumbai, Maharashtra — 400053
📞 +91 22 4071 0000
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Karamtara Engineering IPO RHP for informational purposes only. This format is generated adhering to the required structure as specified in the IPO NEW FORMAT source file. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
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