
Automotive & Engineering · NSE / BSE
Incorporated in 1997, Carraro India Ltd designs, manufactures, and sells transmission systems—including axles, transmissions, and drives—for agricultural and construction equipment used in off-highway vehicles. The company also produces a wide range of gears for automotive, truck, agricultural, and construction sectors. It operates two advanced manufacturing plants in Pune: an 84,000 sq. meter driveline plant equipped for casting, machining, assembly, prototyping, testing, and painting, and a 78,000 sq. meter gear plant focused on machining and heat-treatment processes like carburizing, induction, hardening, and nitriding. Its portfolio includes axles and transmission systems for tractors, gears and transmissions for backhoe loaders, compact wheel loaders, and forklifts, as well as gears, shafts, and ring gears for industrial and automotive vehicles. Supported by a strong supply chain of 220 domestic and 58 international suppliers, the company has built deep expertise across India’s agricultural and construction sectors. As of September 30, 2024, its quality and after-sales team comprised 87 full-time and 53 temporary contractual employees.
Price Band
₹668 – ₹704
Issue Size
₹1250 Cr
Lot Size
21 shares
GMP
Est. Listing
₹704
at current GMP
Subscribed
1.12x
overall
Open
20 Dec 2024
Close
24 Dec 2024
Allotment
26 Dec 2024
Refund
27 Dec 2024
Demat Credit
28 Dec 2024
Listing
30 Dec 2024