Karamtara Engineering Limited
ListedMainboardIndustrials · NSE / BSE
Founded in 1996, Karamtara Engineering Limited is a manufacturing company focused on products used in renewable energy and power transmission sectors. It offers a wide range of solutions including solar mounting structures (fixed-tilt and tracker systems), fasteners for solar and transmission projects, and hardware fittings for overhead transmission lines. The company is also expanding into the wind energy segment by setting up a facility for manufacturing wind turbine towers, expected to begin operations in FY 2026. It has a strong global presence, exporting to more than 50 countries across multiple regions like North America, Europe, Asia, Africa, and Latin America. A key strength of the company is its backward integration, including large in-house galvanizing facilities that support efficiency and cost control. Karamtara serves OEMs, EPCs, and independent power producers with repeat business from major global solar energy players. Its product range also includes lattice towers for high-voltage transmission lines and a variety of industrial fasteners used in sectors like solar, wind, telecom, and automotive. As of September 30, 2024, the company had 530 permanent employees and over 400 factory workers.
Price Band
₹241 – ₹254
Issue Size
₹3444.88 L Cr
Lot Size
59 shares
GMP
₹46
+18.1%
Est. Listing
₹300
at current GMP
Subscribed
66.01x
overall
Open
9 Sep 2026
Close
11 Sep 2026
Allotment
15 Sep 2026
Refund
16 Sep 2026
Demat Credit
17 Sep 2026
Listing
17 Sep 2026
Last updated 11 days ago
Overall Subscription
66.01x
Total Demand
QIB Multiplier
168.19x
Institutions & Funds
NII / HNI
51.17x
High Net-Worth
Retail (RII)
13.98x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,889,765 | 1,158,819,885 | 168.19x |
| NIB | 5,167,323 | 264,390,092 | 51.17x |
| HNIs(10L +) | 3,444,882 | 185,452,635 | 53.83x |
| HNIs (2-10L) | 1,722,441 | 78,937,457 | 45.83x |
| RETAIL | 12,057,086 | 168,541,288 | 13.98x |
| Total | 29,281,497 | 1,856,141,357 | 66.01x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 204,357 | 2,603,358 | 12.74x |
| HNIs(10L +) | 4,171 | 45,546 | 10.92x |
| HNIs (2-10L) | 2,085 | 93,582 | 44.88x |
| Total Applications | 210,613 | 2,742,486 | 13.02x |
Day-Wise Subscription Progress
About Karamtara Engineering Limited Public Issue & Market Profile
Karamtara Engineering Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹3,44,48,818 Crores. The shares are offered at a price band of ₹241 to ₹254 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2026-09-11, the basis of allotment is scheduled to be finalized on 2026-09-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is the issue size and price band for Karamtara Engineering Limited IPO?
The Karamtara Engineering Limited IPO aggregate issue size is ₹3,44,48,818 Crores with an equity price band set at ₹241 to ₹254 per equity share. The retail lot size is 59 shares requiring a minimum capital outlay of approx. ₹14,986.
How can I check Karamtara Engineering Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Karamtara Engineering Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-15.