Carver Roboweld IPO Subscription Status Day 3: Overall Subscription Reaches 11.90x
Anupama VM
- 0 min read
Last Updated: 2nd November 2026 - 11:51 am
Carver Roboweld IPO subscription reached 11.90 times on Day 3, as of 3:00 PM on October 30, 2026. The public issue received bids for 2,81,02,400 shares against 23,61,600 shares available for subscription, excluding the anchor investor and market maker portions.
The NII category recorded the highest subscription at 23.41 times, followed by Individual Investors at 9.15 times. The QIB (Ex Anchor) portion was subscribed 7.94 times.
Subscription Status of Carver Roboweld IPO
| Date | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Day 1 (October 28) | 0.00 | 0.69 | 0.21 | 0.25 |
| Day 2 (October 29) | 0.00 | 2.31 | 0.65 | 0.83 |
| Day 3 (October 30) | 26.33 | 40.39 | 19.17 | 25.80 |
Here are the subscription details for on the Carver Roboweld IPO day 3, as of 5:39:06 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 9,96,800 | 9,96,800 | 7.974 |
| Market Maker | 1 | 1,77,600 | 1,77,600 | 1.421 |
| QIB | 26.33 | 6,68,800 | 1,76,09,600 | 140.877 |
| NII | 40.39 | 5,12,000 | 2,06,81,600 | 165.453 |
| Retail | 19.17 | 11,80,800 | 2,26,36,800 | 181.094 |
| Total | 25.80 | 23,61,600 | 6,09,28,000 |
487.424 |
Key Highlights - Day 3
- Carver Roboweld IPO recorded an overall subscription of 11.90 times as of 3:00 PM on October 30, compared with 0.83 times on Day 2.
- The NII category recorded the highest subscription at 23.41 times, with the above-₹10-lakh portion subscribed 28.63 times and the below-₹10-lakh portion subscribed 13.02 times.
- Individual Investors subscribed 9.15 times their allocation, while the QIB (Ex Anchor) category recorded 7.94 times subscription. The issue received bids for 2,81,02,400 shares against 23,61,600 publicly available shares.
Key Highlights – Day 2
- Carver Roboweld IPO recorded an overall subscription of 0.83 times on October 29, increasing from 0.18 times on the opening day.
- The NII category subscribed 2.31 times its allocation on Day 2, compared with 0.35 times on Day 1.
- Individual Investors recorded 0.65 times subscription on the second day, while the QIB (Ex Anchor) category remained at 0.00 times.
Key Highlights – Day 1
- Carver Roboweld IPO opened for subscription on October 28, recording an overall subscription of 0.18 times.
- The NII category recorded the highest subscription on Day 1 at 0.35 times, followed by Individual Investors at 0.21 times.
- The QIB (Ex Anchor) category recorded 0.00 times subscription on the opening day, while overall subscription remained below full subscription.
About Carver Roboweld Limited
Carver Roboweld Limited manufactures welding consumables, including metal cored wires, welding rods and gouging electrodes. The company also supplies welding spare parts and accessories and provides industrial engineering services such as forging die regeneration, reconditioning, refurbishment and welding robot rental services. Its products and services support manufacturing operations requiring specialised welding and industrial equipment maintenance.
The company operates a manufacturing facility in Bamanbore, Rajkot, with supporting service units in Pune, Hosur and Ludhiana. Its operations cater to industrial customers across different sectors. In September 2025, the company acquired Carver Engineering Private Limited, expanding its involvement in the reconditioning and refurbishment of industrial machinery used in sectors such as forging, cement, steel, sugar, power and automobiles.
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