Karamtara Engineering Limited IPO

Karamtara Engineering Limited IPO

Karamtara Engineering  is a backward-integrated manufacturer catering to the renewable energy and transmission line sectors. It stands as the largest and a leading producer of solar mounting structures and tracker components in India, measured by installed capacity. With a comprehensive and diverse product portfolio, the company serves as a one-stop solution for solar structures—offering both fixed-tilt and tracking systems. Its offerings extend to structures and fasteners for solar and transmission applications, as well as hardware fittings and accessories for overhead transmission lines (OHTLs). It is now entering the wind energy sector.

Read More
Price Band

₹0.00

Dates

-

GMP

₹0 (-)

Subscriptions

-

Issue Size

₹1,750.00 Crs

Karamtara Engineering IPO Key Dates
Opening Date

-

Closing Date

-

Basis Of Allotment

-

Initiations Of Refund

-

Credit Of Shares

-

Listing Date

-

Karamtara Engineering IPO Objects

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

Karamtara Engineering IPO Details
Price Band

₹0.00

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹1,350.00 Cr (0.00 Shares)

Offer For Sale

₹400.00 Cr (0.00 Shares)

Total Issue

₹1,750.00 Cr (0.00 Shares)

Face Value

₹10 per equity share

Karamtara Engineering IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 0 0
Maximum - - -
Small HNI
Minimum - - -
Maximum - - -
Big HNI
Minimum - - -
Karamtara Engineering IPO GMP

The estimated Grey Market Premium of Karamtara Engineering IPO is ₹0 per share (-)

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Employee NA
Shareholder NA
Karamtara Engineering IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 1,413.10 2,425.15 1,600.31 1,244.81
Profit after Tax 58.99 102.65 42.36 12.65
Net Worth 588.46 552.92 450.20 408.85
Total Borrowing 538.53 508.51 327.36 427.58
Total Assets 2,191.44 1,844.56 1,536.90 1,544.05
NAV per share (in ₹) 2.09 1.96 1.60 1.45
EPS - Basic (in ₹) 0.21 0.36 0.15 0.05

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 10.84%
PAT 4.23%
ROE 20.45%
ROCE 24.15%
Net Debt to Equity 0.84
  • All the data pertains to FY 2023-24.
Karamtara Engineering IPO Peer Comparision

.

Karamtara Engineering IPO Peer Comparision

.

Promoter Details
Name Shareholding
Tanveer Singh 23.26%
Rajiv Singh 23.26%
Inderjeet Singh 0.48%
Inderjeet Tanveer Singh Trust 23.89%
Inderjeet Rajiv Singh Trust 23.89%
Total 94.79%
Management Details
Name Designation
Tanveer Singh Chairman & MD
Sunil Kumar Rustagi CFO
Company Details

Name: Karamtara Engineering Limited

Address: 705, Morya Landmark II, New Link Road, Andheri (West), Mumbai – 400 053, Maharashtra, India

Number: +91 22 4071 0000

Email: investors@karamtara.com

Website: www.karamtara.com

Book Running Lead Managers (BRLMs)
Company
IIFL Capital Services
Visit Website
Company
JM Financial
Visit Website
Company
ICICI Securities
Visit Website
RTAs
Company
MUFG Intime India
Visit Website

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Karamtara Engineering IPO is a Mainboard IPO having an issue size of Rs. ₹1,750.00 Crs. Karamtara Engineering IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 15 Jul 25 and closes on 15 Jul 25.

Karamtara Engineering IPO opens on 15 Jul 25 and closes on 15 Jul 25.

The estimated Grey Market Premium of Karamtara Engineering IPO is ₹0 per share (-).

The minimum lot size of Karamtara Engineering IPO is 0.00 shares & the minimum application amount is Rs. 0.

The allotment date of Karamtara Engineering IPO is 15 Jul 25.

The listing date of Karamtara Engineering IPO is 15 Jul 25.

Karamtara Engineering IPO is subscribed -.

Karamtara Engineering IPO is priced at ₹0.00 - ₹0.00 per share.

Click the allotment link on Karamtara Engineering IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Karamtara Engineering IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date