The Carraro India IPO minimum market lot is 21 shares with ₹14,784 application amount. The Carraro India IPO is a Mainline IPO, and it is to be listed on BSE, NSE.
Founded in 1997, Carraro India Limited develops and supplies complex engineering products and solutions for original equipment manufacturers (OEM). In India, they provide axles, transmission systems, and gears for the agricultural tractor and construction vehicle industries. Moreover, they offer a different range of gear for various sectors, such as automotive, trucks, agricultural, and construction vehicles. They have been working in India for almost 27 years. During this time, they have built a strong connection with local as well as international suppliers based in India. They work with two manufacturing plants in Pune, Maharashtra, India which are the driveline manufacturing plant and the gears manufacturing plant. Which, the manufacturing plant occupied a plot area of approximately 84,000 square meters, while the gears manufacturing plant occupied a plot area of approximately 78,000 square meters. Right now, They supply to 38 manufacturers in India. As well as the Carraro India consists of 87 full-time employees and 53 temporary employees as of September 30, 2024.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Carraro India IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| bNII | 0.00 | 0.00 | 0.00 |
| sNII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Carraro India IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Carraro India IPO Review and Rating
- Avoid
Carraro India IPO Form
How to apply for the Carraro India IPO? You can apply for Carraro India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Carraro India IPO in the Invest section. The other option is you can apply for Carraro India IPO via IPO forms downloaded online. Check out the Carraro India forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
