
Industrials / Engineering · BSE
Incorporated in 2011, Karbonsteel Engineering Limited is an engineering solutions provider engaged in designing, manufacturing, and supplying high-quality products across diverse industries. The company delivers structural engineering and fabrication solutions for steel plants, railway bridges, oil and gas plants, refineries, and other sectors, playing a key role in the construction, expansion, and modernization of large-scale projects. It operates two manufacturing facilities located in Gujarat and Maharashtra with a combined production capacity of 32,400 MT per year, focusing on heavy steel structures, pre-engineered buildings (PEBs), and steel bridges. Its offerings include heavy steel fabricated structures for industrial and infrastructure projects, precision fabricated steel structures requiring high accuracy for specialized applications, steel bridge structures for railway and road projects, and customized pre-engineered buildings that provide cost-effective and efficient construction solutions. As of January 31, 2025, the company employed 349 people across its locations.
Price Band
₹151 – ₹159
Issue Size
₹59.30 Cr
Lot Size
800 shares
GMP
+15.7%
Est. Listing
₹184
at current GMP
Subscribed
76.67x
overall
Open
9 Sep 2025
Close
11 Sep 2025
Allotment
12 Sep 2025
Refund
13 Sep 2025
Demat Credit
14 Sep 2025
Listing
16 Sep 2025
Overall Subscription
76.67x
Total Demand
QIB Multiplier
121.61x
Institutions & Funds
NII / HNI
86.34x
High Net-Worth
Retail (RII)
46.86x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 708,000 | 86,098,400 | 121.61x |
| NIB | 532,800 | 46,003,200 | 86.34x |
| HNIs(10L +) | 355,200 | 36,625,600 | 103.11x |
| HNIs (2-10L) | 177,600 | 9,377,600 | 52.80x |
| RETAIL | 1,240,000 | 58,102,400 | 46.86x |
| Total | 3,013,600 | 236,207,200 | 76.67x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 66 | 0.00x |
| NIB | — | 9,143 | 0.00x |
| RETAIL | 775 | 36,314 | 46.86x |
| HNIs(10L +) | 148 | 5,389 | 36.41x |
| HNIs (2-10L) | 74 | 3,754 | 50.73x |
| Total Applications | 997 | 54,666 | 54.83x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Karbonsteel Engineering Limited is bringing an initial public offering (IPO) in the Industrials / Engineering sector with an aggregate issue size of ₹59.3 Crores. The shares are offered at a price band of ₹151 to ₹159 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,27,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-14, while un-allotted funds or UPI block mandates will be released on 2025-09-13.
The latest Grey Market Premium (GMP) for Karbonsteel Engineering Limited IPO is ₹25 per equity share. Based on the upper price band of ₹151 to ₹159 per equity share, the estimated listing price is ₹184 (+15.7% expected listing gain).
With a lot size of 800 shares and current GMP of ₹25, the expected profit per application lot is approx ₹20,000 (+15.7% gain). Minimum application cost is approx ₹1,27,200.
The Karbonsteel Engineering Limited IPO aggregate issue size is ₹59.3 Crores with an equity price band set at ₹151 to ₹159 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,27,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 76.67x (Retail: 46.86x, QIB: 121.61x, NII: 86.34x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-09-12. Investors can verify status using PAN card or application number.
Karbonsteel Engineering Limited shares are scheduled to list on BSE on 2025-09-16.