Karamtara Engineering
17 Sep '26MAINBOARD
Min. Investment
₹14,219
Issue size
₹875 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
09 Sep
Opening
11 Sep
Closing
17 Sep
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 59 | ₹14,986 |
| HNI (Min) | 14 | 826 | ₹2,09,804 |
Subscription (as on 09 September 2026, 05:19 AM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1996|MD: Mr Tanveer Singh
- Karamtara Engineering is a backward integrated manufacturer of products for the renewable energy and transmission line sectors. Its product portfolio includes solar module mounting structures, solar tracker piles and piers, solar torque tubes, lattice towers for transmission lines, fasteners, structural steel profiles, and overhead transmission line (OHTL) hardware fittings and accessories. The company has also commenced production of angular and tubular towers for wind turbines.
- As of March 31, 2026, Karamtara Engineering operated 13 manufacturing facilities, comprising eight facilities in Maharashtra, four in Gujarat, and one in Italy. Its aggregate installed manufacturing capacity stood at 889,200 MTPA, excluding galvanising capacity, along with a capacity of 480,000 pieces at its Italy facility. The company also operates in-house galvanising facilities and rolling mill furnaces. It has a global delivery presence, with exports to over 50 countries across North America, Europe, Asia, Africa, Australia, and Latin America.
- Use of proceeds:
- The IPO is a combination of a fresh issue of shares and offer for sale. The net proceeds from the offer for sale will go to the selling shareholders, whereas those from the fresh issue will go to the company and will be utilised for the following purposes:
- Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and acceptances, in part or full - Rs 600 crore
- General corporate purposes
Issue Details & Objective
Lot size
59 Shares
Price band
₹241 to 254
Face value
₹10 per share
Financials
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Karamtara Engineering IPO is ₹875 Cr
The Karamtara Engineering IPO will be open for applications from 09 Sep '26 to 11 Sep '26
The lot size of Karamtara Engineering IPO is 59 Shares and its minimum investment amount is ₹14,219.
