Karbonsteel Engineering IPO Subscription Status
Karbonsteel Engineering IPO subscribed over 3.45x on its second day till 5.00 PM on 10 September 2025.
- Karbonsteel Engineering IPO subscription QIB investors’ portion is 4.11 times, while NII subscribed 4.82 times, and RII investors subscribed 2.47 times.
- The company has received bids for 85,46,400 shares against 24,80,800 shares on offer on the second day of subscription.
- Karbonsteel Engineering IPO subscribed over 3.45x on its day 2.
- Karbonsteel Engineering IPO subscribed over 0.94x on its day 1.
About Karbonsteel Engineering Company
Karbonsteel Engineering Limited was founded in 2011 and is a reputable firm in terms of engineering solution providers. The company has specialisation in designing, manufacturing, and supplying high-quality products across various industries. The company provides various services like Heavy Steel Fabricated Structures, Precision Fabricated Steel Structures, Steel Bridge Structures, and Pre-Engineered Buildings. As it has two main states for operating two manufacturing facilities, Gujarat and Maharashtra, heavy steel structures, PEBs, and steel bridges can produce around 32,400 metric tons per year.
Additionally, in PEBs, they include built-up structural members, crane beams, steel columns, rafters, purlins, pipe racks, staircases, handrails, checker plates, and roof gutters, as required and specified for each project. Further, the ability to carry out large industrial and infrastructure projects effectively, having a strong order book, and other satisfactory things are the company’s competitive strengths.
Karbonsteel Engineering Financial Report
The company reported revenue of ₹273.91 crores in 2025 against ₹218.77 crores in 2024. The company reported a profit of ₹14.16 crores in 2025 against a profit of ₹9.42 crores in 2024.
Karbonsteel Engineering IPO GMP:
Karbonsteel Engineering IPO GMP was ₹20 as of Wednesday, 10 September 2025. That indicates the IPO is trading at ₹179 with a ₹20 premium in the grey market against the issue price of ₹159.
