Karamtara Engineering IPO
IPO Listing Details
- Listing Date
17 Sep 2026
- Listing Price
₹320.00
- Listing Change
25.98%
- Last Traded Price
₹355.55
Karamtara Engineering IPO Details
-
Open Date
09 Sep 2026
-
Close Date
11 Sep 2026
- IPO Price Range
₹ 241 to ₹254
- IPO Size
₹ 875 Cr
Karamtara Engineering IPO Timeline
Karamtara Engineering IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 09-Sep-2026 | 1.26 | 1.90 | 1.13 | 1.34 |
| 10-Sep-2026 | 2.40 | 6.49 | 3.46 | 3.80 |
Last Updated: 11 September 2026 5:37 PM by 5paisa
Karamtara Engineering Limited, incorporated in 1996, is a leading integrated manufacturer serving the renewable energy and transmission sectors. The company manufactures solar module mounting structures, tracker piles and piers, torque tubes, transmission line towers, structural steel profiles, fasteners, and overhead transmission line hardware fittings and accessories. It operates manufacturing facilities across India and Italy and has supplied products to over 50 countries. With backward-integrated operations, including steel rolling and galvanising capabilities, Karamtara serves global customers such as original equipment manufacturers, engineering, procurement and construction companies, and independent power producers worldwide.
Established in: 1996
Managing Director: Tanveer Singh
Peers:
| Name of Company | Karamtara Engineering Limited | Inox Wind Limited | Waaree Energies Limited | KP Green Engineering Limited | Suzlon Energy Limited | Premier Energies Limited |
|---|---|---|---|---|---|---|
| Revenue from Operations (₹ cr) | 4,312 | 4397 | 26537 | 1245.6 | 16679.1 | 7824.4 |
| Face Value (₹ per share) | 10 | 10 | 10 | 5 | 2 | 1 |
| Closing Price on August 28, 2026 (₹) | - | 71.76 | 2639 | 262 | 46.78 | 1014 |
| EPS Basic (₹) | 7.83 | 2.65 | 129.10 | 27.15 | 2.31 | 33.63 |
| EPS Diluted (₹) | 7.83 | 2.65 | 128.84 | 27.15 | 2.31 | 33.63 |
| NAV (₹ per share) | 41.72 | 36.93 | 501.9 | 91.52 | 6.9 | 95.09 |
| P/E Ratio | - | 27.08 | 20.48 | 9.65 | 20.25 | 30.15 |
| RoNW (%) | 20.78 | 8.32 | 32.48 | 32.32 | 40.64 | 42.35 |
Karamtara Engineering Objectives
1. Funding prepayment, repayment and/ or payment obligations to our lenders towards borrowings and acceptances, in part or full (₹600 Cr)
2. General corporate purposes
Karamtara Engineering IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹875 Cr |
| Offer For Sale | ₹200 Cr |
| Fresh Issue | ₹675 Cr |
Karamtara Engineering IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 59 | ₹14,219 |
| Retail (Max) | 13 | 767 | ₹1,94,818 |
| S-HNI (Min) | 14 | 826 | ₹1,99,066 |
| S-HNI (Max) | 66 | 3,894 | ₹9,89,076 |
| B-HNI (Min) | 67 | 3,953 | ₹10,04,062 |
Karamtara Engineering IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.26 | 68,89,765 | 86,99,078 | 220.957 |
| Non-Institutional Buyers | 1.90 | 51,67,323 | 98,32,881 | 249.755 |
| bNII | 2.03 | 34,44,882 | 69,93,211 | 249.755 |
| sNII | 1.65 | 17,22,441 | 28,39,670 | 72.128 |
| Retail | 1.13 | 1,20,57,086 | 1,36,68,648 | 347.184 |
| Total** | 1.34 | 2,41,14,174 | 3,22,00,607 | 817.895 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 2427.1 | 3165.4 | 4316.4 |
| EBITDA | 263 | 346.8 | 498.1 |
| PAT | 102.7 | 139.3 | 228.8 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 1844.6 | 2762.6 | 4142.2 |
| Share Capital | 5.5 | 292.3 | 292.3 |
| Total Liabilities | 1844.6 | 2762.6 | 4142.2 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 40.02 | 102.5 | 675.1 |
| Net Cash Generated From / (used in) Investing Activities | -123.8 | -276.4 | -959.4 |
| Net Cash Generated From / (used in) Financing Activities | 88.05 | 194.9 | 328.3 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 4.3 | 21 | 44.02 |
Strengths
1. Integrated manufacturing supports operational efficiency and control.
2. Diverse portfolio across renewable and transmission sectors.
3. Strong global presence across multiple international markets.
4. Large-scale manufacturing backed by backward integration.
Weaknesses
1. Operations remain significantly manufacturing facility dependent.
2. Manufacturing concentration creates regional operational exposure risks.
3. Business requires substantial working capital for operations.
4. Exposure to raw material and forex volatility.
Opportunities
1. Expanding capacities can support future business growth.
2. Planned Saudi facility strengthens international manufacturing presence.
3. Wind tower expansion diversifies renewable product offerings.
4. Growing overseas sales can widen global footprint.
Threats
1. Raw material price fluctuations may impact margins.
2. Currency volatility could affect export-linked business performance.
3. Manufacturing disruptions may adversely affect business operations.
4. Expansion projects may face execution-related uncertainties.
1. Diversified presence across renewable and transmission sectors
2. Integrated manufacturing supports scale and operational efficiencies
3. Established domestic and international customer relationships
4. Capacity expansion provides opportunities for future growth
Karamtara Engineering operates across the renewable energy and power transmission infrastructure segments, with a diversified portfolio spanning solar mounting structures, tracker components, transmission towers and related products. Its integrated manufacturing capabilities and presence across domestic and international markets provide a platform for expansion. Growing investments in renewable energy capacity and transmission infrastructure could support future demand. The company’s capacity expansion initiatives, broader product offerings and increasing global reach may further strengthen its growth potential over the coming years.
- Companies
- Type
- Opening On
-
Varmora Granito
- Mainboard
- 22nd Sep
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FAQs
Karamtara Engineering IPO opens from September 9, 2026 to September 11, 2026.
The size of Karamtara Engineering IPO is ₹875 Cr.
The price band of Karamtara Engineering IPO is fixed at ₹241 to ₹254 per share.
To apply for Karamtara Engineering IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Karamtara Engineering IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Karamtara Engineering IPO is of 59 shares and the investment required is ₹14,986.
The share allotment date of Karamtara Engineering IPO is September 15, 2026
The Karamtara Engineering IPO will likely be listed on September 17, 2026.
JM Financial Limited, ICICI Securities Limited, IIFL Capital Services Limited, are the book running lead managers for Karamtara Engineering IPO.
Karamtara Engineering IPO plans to utilise the raised capital from the IPO for:
1. Funding prepayment, repayment and/ or payment obligations to our lenders towards borrowings and acceptances, in part or full (₹600 Cr)
2. General corporate purposes