Karamtara Engineering IPO Listing Details
| Listing Date | September 17, 2026 |
| BSE Code | 544917 |
| NSE Code | KARAMTARA |
| ISIN Code | INE590T01012 |
| Offer Price | ₹241 to ₹254 |
| Face Value | ₹10 |
| Listing Price | ₹320 |
Details About Karamtara Engineering IPO
Karamtara Engineering received approval from SEBI for an IPO of ₹875 crores via IPO that comprises fresh issue of ₹675 crores and offer for sale up to 78,74,014 equity shares with a face value of ₹10 each. Karamtara Engineering IPO price band is ₹241 to ₹254 per share.
Retail Individual Investors (RII):
- Minimum application: 1 lot = 59 shares
- Maximum application: 13 lots = 767 shares
Small High Net-worth Individuals (S-HNI):
- Minimum application: 14 lots = 826 shares
- Maximum application: 66 lots = 3,894 shares
Big High Net-worth Individuals (B-HNI):
- B-HNI Minimum: 67 lots= 3,953 shares
To invest in the Karamtara Engineering IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,986.
- Retail investors’ (Max) investment: ₹1,94,818.
- Small HNI (S-HNI): Minimum investment of ₹2,09,804.
- Small HNI (S-HNI): Maximum investment of ₹9,89,076.
- B-HNI: Minimum investment of ₹10,04,062.
Object of the Issue
- Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full.
- General corporate purposes
Karamtara Engineering subscription duration
Karamtara Engineering IPO started on September 9, 2026, and closed on September 11, 2026. The investors’ allotment date was September 15, 2026, and they received a refund on September 16, 2026. The Karamtara Engineering IPO listing date is September 17, 2026.
About Karamtara Engineering Company
Karamtara Engineering is a backwards-integrated manufacturer, known for its expertise in providing solutions for the renewable energy and transmission line sectors. Its product portfolio includes solar structures (fixed-tilt and trackers), fasteners for solar energy, and transmission lines for a wide range of industries like solar, wind, transmission, automobile, and telecom.
According to the report, in Fiscal Year 2024 and the six months ended September 30, 2024, they are also one of the largest manufacturers of solar mounting structures and tracker components in terms of installed capacity.
