Karamtara Engineering Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Karamtara Engineering Ltd IPO

We are a backward integrated manufacturer of products for renewable energy and transmission lines sectors. We offer a diverse product portfolio which enables us to serve as a one-stop shop for solar structures (fixed-tilt and trackers). We offer lattice structures for transmission lines, fasteners for solar, wind, transmission and industrial sectors, and overhead transmission line hardware fittings and accessories. In addition, we are foraying into the wind energy sector by setting up a manufacturing facility to produce tubular towers for wind turbines, which is expected to be operational by the first quarter of Fiscal 2026.

Karamtara Engineering Ltd IPO Details

Total Shares Offered

TBA

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

TBA

Exchange

DBC

Issue size

₹ 875 Cr

IPO Open Date

Sep 9, 2026

Close Date

Sep 11, 2026

Lot Size

Min Investment

₹ 14,219

Issue Type

Book Building

Listing Date

Sep 17, 2026

Karamtara Engineering Ltd IPO Dates

Sep 9, 2026

Opening date

Sep 11, 2026

Closing date

Sep 15, 2026

Basis of Allotment

Sep 16, 2026

Initiation of Refunds

Sep 16, 2026

Credit of Shares

Sep 17, 2026

Listing date

Details

Sector	Type
Sector	Transmisson Line Towers
Sub Sector	Equipment
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0x	0	0
NII	0x	0	0
Retail	0x	0	0
Employee	0x	0	0
Total	0x	0	0

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

Karamtara Engineering Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	218.89	2,425.15	1,600.31
EBITDA	255.99	203.22	105.78
PAT	134.92	100.73	40.69
Total Assets	1,811.50	1,162.33	940.42
Share Capital	292.30	5.53	5.53
Total Borrowings	658.09	478.60	350.14
Operating Activities (Net Cash)	172.02	134.74	71.46
Investing Activities (Net Cash)	-188.28	-16.11	-15.22
Financing Activities (Net Cash)	658.09	478.60	350.14
Net Cashflow	36.95	39.27	11.27

About Karamtara Engineering Ltd

Our Company was incorporated as `Karamtara Engineering Private Limited' as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated May 8, 1996, issued by the Additional Registrar of Companies, Maharashtra at Mumbai. Our Company was subsequently converted into a public limited company pursuant to the special resolution passed by our Shareholders on December 9, 2024, and the name of our Company was changed to `Karamtara Engineering Limited'. A fresh certificate of incorporation dated December 16, 2024 was accordingly issued by the Registrar of Companies, Central Processing Centre.

The global landscape for energy production is undergoing a significant shift. Renewable energy capacity grew at a CAGR of 10.4% between 2018 and 2023 and is projected to grow at a CAGR of 13.6% from 2023 to 2028. This upward trend suggests a promising future for renewable energy, driven by factors such as increasing demand for clean energy and supportive government policies. Further, India is transitioning from coal-based power to renewable energy, with a projected total power generation capacity of 751 GW by Fiscal 2030 (estimated) and a renewable energy target of 500 GW by 2030, including 280 GW from solar power.

Karamtara Engineering Ltd Key Points

Strengths

Largest integrated manufacturer in India for solar mounting structures and tracker components.

Diverse product offerings acting as a one-stop shop for solar structures (fixed-tilt and trackers)

Extensive global footprint with a track record of exports to over 50 countries.

Established relationships with global customers and high customer retention.

Strategic network of manufacturing facilities with advanced capabilities.

Risk

The company is significantly dependent on its manufacturing facilities. Any unscheduled, unplanned or prolonged disruption, slowdown or shutdown of its manufacturing facilities could have a material adverse effect on its business, financial condition, cash flows and results of operations. Further, the majority of its manufacturing facilities are located in Maharashtra in India. Its revenue attributable to the company facilities in Maharashtra, India accounted for 98.80% and 99.18% of its total revenue from operations in the six months ended September 30, 2024 and Fiscal 2024, respectively which exposes its operations to potential risks arising from local and regional factors which may restrict its operations and adversely affect the company business, financial condition, cash flows and results of operations.

The company derives a substantial portion of its revenue from the sale of products in the solar industry (83.41% and 81.75% of its total revenue of operations in the six months ended September 30, 2024 and Fiscal 2024, respectively), and any adverse trend in the solar energy industry could have a material adverse effect on its business, financial condition, cash flows and results of operations.

The company depend on certain key customers for a significant portion of its revenues (the company top 10 customers contributed to 53.91% and 63.47% of its total revenue from operations in the six months ended September 30, 2024 and Fiscal 2024, respectively). Any decrease in revenues from any of its key customers or any loss of these customers may adversely affect the company business, financial condition, cash flows and results of operations.

Strategy

Consistent track record of financial performance and strong financial position.

Strengthen our backward integration strategy to enhance cost and operational efficiencies.

Focus to increase customer base in international markets.

Continue to improve operational efficiency and implement cost reduction measures by enhancing the capacity of existing facilities and realignment of capacities.

How To Apply for Karamtara Engineering Ltd IPO Online?

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FAQs on IPO (Initial Public Offering)

What is the issue size of the Karamtara Engineering Ltd IPO?

Karamtara Engineering Ltd's IPO offers shares for up to 0 It begins on Sep 9, 2026 and ends on Sep 11, 2026.

What is the price of the Karamtara Engineering Ltd IPO?

The price of Karamtara Engineering Ltd IPO ranges between ₹241 to ₹254 per share.

What are the open and close dates for the Karamtara Engineering Ltd IPO?

The Karamtara Engineering Ltd IPO opens on Sep 9, 2026 and closes on Sep 11, 2026.

When will the Karamtara Engineering Ltd IPO be allotted?

The allotment for the Karamtara Engineering Ltd IPO will be finalised on Sep 15, 2026. The shares will be listed on BSE and NSE on Sep 17, 2026.

What is the minimum lot size required for Karamtara Engineering Ltd IPO?

The minimum lot size for Karamtara Engineering Ltd IPO is 59 shares, priced between ₹241 to ₹254 per share.

What is the GMP of Karamtara Engineering Ltd IPO?

The GMP (Grey Market Premium) of Karamtara Engineering Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Karamtara Engineering Ltd IPO?

To check the allotment status of Karamtara Engineering Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Karamtara Engineering Ltd IPO getting listed?

The Karamtara Engineering Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 9, 2026, and closes on Sep 11, 2026. The allotment is finalised on Sep 15, 2026.

How do you apply for the Karamtara Engineering Ltd IPO?

To apply for the Karamtara Engineering Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.