Karamtara Engineering IPO Day 2: Subscription Status on 10 September 2026
- September 10, 2026
- Posted by: Harsh Piplani
- Category: IPO
Karamtara Engineering IPO Day 2, 10 Sep 2026. Ran at 0.66x through Day 1 (12:09 PM). Price band Rs 241-254. Closes 11 Sep.
Quick Answer
The Karamtara Engineering IPO is on Day 2 of bidding on 10 September 2026, after a moderate opening day. Through Day 1, the Karamtara Engineering IPO was running at around 0.66 times, just short of full subscription. Bidding remains open until 11 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day, since institutional demand in mainboard issues typically firms up closer to the close.
The Karamtara Engineering IPO has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. Karamtara Engineering Limited, the largest integrated manufacturer in India of solar mounting structures and tracker components, is raising about Rs 875 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both BSE and NSE.
Day 1 bidding for the issue reached around 0.66 times by midday, a reasonable pace for a large mainboard issue on its opening day. With two sessions still remaining, including the 11 September close, the issue is well placed to build towards or past full subscription as retail, non-institutional and institutional demand continues to come in.
Click Here – Get Free Investment Predictions
Karamtara Engineering IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| 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 Subscription Status Day 2
The table below shows the subscription trend for the issue through its bidding window so far.
| Session | Overall Subscription |
|---|---|
| Through Day 1 (9 Sep, by midday) | Around 0.66 times |
| Day 2, so far (10 Sep) | Updating through the session |
The issue was tracking close to full subscription by the end of Day 1, and with two sessions still remaining, the book is well positioned to cross full subscription as institutional and larger investor bids typically build closer to the 11 September close. Investors should check the live BSE and NSE numbers as the session progresses.
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 so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 11 September close.
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.
Conclusion
The issue has made a reasonable start, running at around 0.66 times through Day 1, and two sessions still remain before the 11 September close for the book to build further. Investors considering the issue should review the company financials 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 2?
Ans. The issue was running at around 0.66 times through Day 1 on 9 September, and figures for Day 2, 10 September 2026, are updating through today’s session on BSE and NSE.
When does the Karamtara Engineering IPO close?
Ans. The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.
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, taking the minimum retail investment to about Rs 14,986 at the upper band.
Is the Karamtara Engineering IPO likely to close oversubscribed?
Ans. The issue was already running at around 0.66 times through Day 1, and with two sessions still remaining, including typical late institutional bidding, the issue has a reasonable chance of crossing full subscription, though the final outcome should be confirmed on BSE and NSE.
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.
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, entering your bid in multiples of 59 shares within the Rs 241 to Rs 254 band and approving the UPI mandate 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, with listing on both BSE and NSE tentatively scheduled for 17 September 2026.
What is the issue 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 in the Karamtara Engineering IPO?
Ans. The issue follows the standard SEBI reservation framework for a book built mainboard issue, with a substantial share reserved for qualified institutional buyers and the balance split between non-institutional and retail individual investors.
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.
