Karamtara Engineering IPO Day 1: Subscription Opens Today, 9 September 2026
- September 9, 2026
- Posted by: Kunal Singla
- Category: IPO
Karamtara Engineering IPO opens today, 9 Sep 2026, closes 11 Sep 2026. Price band Rs 241-254. Lot size 59 shares. Lists on BSE and NSE on 17 Sep.
Quick Answer
The Karamtara Engineering IPO opens for subscription today, 9 September 2026, and will remain open until 11 September 2026. Karamtara Engineering Limited is the largest integrated manufacturer in India of solar mounting structures and tracker components, and is raising about Rs 875 crore through a combination of fresh issue and offer for sale. The price band is set at Rs 241 to Rs 254 per share, with a lot size of 59 shares, and the shares are proposed to list on both BSE and NSE. Since bidding has only just opened, category wise subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.
Karamtara Engineering Limited, originally incorporated in 1996 and converted to a public company in December 2024, has opened its IPO for subscription today, 9 September 2026. The Karamtara Engineering IPO is a mainboard, book built issue worth about Rs 875 crore, comprising a fresh issue of about Rs 675 crore and an offer for sale of about Rs 200 crore by promoters Tanveer Singh and Rajiv Singh, and will remain open for bidding until 11 September 2026. The equity shares are proposed to be listed on both BSE and NSE.
The company manufactures products for the renewable energy and transmission lines sectors, offering solar mounting structures, tracker components, transmission line lattice towers and fasteners, with backward integration through rolling mill furnaces and in-house galvanizing facilities. Karamtara Engineering has a track record of exports to over 50 countries, and the fresh issue proceeds of the Karamtara Engineering IPO are earmarked mainly for debt repayment.
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Karamtara Engineering IPO Details
The table below sets out the key parameters of the issue, including the price band, lot size and important dates.
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 241 to Rs 254 per share |
| Lot Size | 59 shares |
| Issue Size | Rs 875 crore |
| Issue Type | Book Built Issue |
| Listing At | BSE and NSE |
| Allotment Date | 15 September 2026 |
| Listing Date | 17 September 2026 |
Karamtara Engineering IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 14,986 (1 lot, 59 shares) |
| Maximum retail application | Rs 1,94,818 (13 lots, 767 shares) |
| Registrar | MUFG Intime India Pvt Ltd |
| Lead Manager | JM Financial Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Karamtara Engineering IPO Share Reservation
The issue follows the standard SEBI reservation norms for a book built mainboard issue, with a substantial share reserved for qualified institutional buyers and the remainder split between non-institutional and retail individual investors. Retail bidders can apply for a minimum of 1 lot, or 59 shares, and up to 13 lots, or 767 shares.
Karamtara Engineering IPO Subscription Status Day 1
Bidding for the issue has opened today, 9 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids typically build closer to the final day of a book built mainboard issue.
| Investor Category | Subscription Status, Day 1 (9 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Karamtara Engineering IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 241 to Rs 254 band, in multiples of 59 shares.
- Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 11 September.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Karamtara Engineering Limited
Karamtara Engineering Limited, originally incorporated in 1996, is the largest integrated manufacturer in India of solar mounting structures and tracker components, also making transmission line lattice towers and fasteners for the solar, wind and transmission sectors. The company runs a backward integrated manufacturing model with in-house rolling mill furnaces and galvanizing capacity, and has built an export track record spanning more than 50 countries ahead of the issue.
Conclusion
The issue has opened for bidding today, 9 September 2026, backed by a leading position in India’s solar mounting structures market. Investors considering the issue should study the company financials, order book and risk factors in the RHP on bseindia.com and nseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Karamtara Engineering IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 9 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on BSE and NSE as the day progresses.
When does the Karamtara Engineering IPO open and close?
Ans. The issue opened for subscription today, 9 September 2026, and will close on 11 September 2026, a standard three day bidding window for a mainboard issue.
What is the Karamtara Engineering IPO price band and lot size?
Ans. The issue price band is Rs 241 to Rs 254 per share, with a lot size of 59 shares. Retail investors must apply for a minimum of 1 lot, taking the minimum investment to about Rs 14,986 at the upper price band, and can apply for up to 13 lots, or 767 shares, worth about Rs 1,94,818.
What is the issue size and structure of the Karamtara Engineering IPO?
Ans. The issue is worth about Rs 875 crore, comprising a fresh issue of about Rs 675 crore and an offer for sale of about Rs 200 crore by the company’s promoters.
How are shares reserved across investor categories in the Karamtara Engineering IPO?
Ans. The issue follows the standard SEBI reservation framework for a book built mainboard issue, with a substantial share for qualified institutional buyers and the balance split between non-institutional and retail individual investors.
What is the Karamtara Engineering IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Karamtara Engineering IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 59 shares and your price within the Rs 241 to Rs 254 band, then approve the UPI mandate request on your phone before the daily cut off.
When will the Karamtara Engineering IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 15 September 2026, and the shares are tentatively scheduled to list on both BSE and NSE on 17 September 2026.
What does Karamtara Engineering Limited do?
Ans. Karamtara Engineering Limited manufactures solar mounting structures, tracker components, transmission line lattice towers and fasteners for the renewable energy and transmission line sectors, and is the largest integrated manufacturer of such products in India.
Who are the registrar and lead manager for the Karamtara Engineering IPO?
Ans. MUFG Intime India Pvt Ltd is the registrar for the issue, and JM Financial Ltd is the book running lead manager for the issue.
