The Karbonsteel Engineering IPO minimum market lot is 1,600 shares with ₹2,54,400 application amount. The Karbonsteel Engineering IPO is a SME IPO, and it is to be listed on BSE.
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.
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.
Karbonsteel Engineering IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.28 | 4.11 | 121.61 |
| NII | 2.42 | 4.82 | 85.99 |
| RII | 0.69 | 2.47 | 46.84 |
| Total | 0.94 | 3.45 | 76.59 |
Karbonsteel Engineering 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
Karbonsteel Engineering IPO Review
- May Apply for long term
Karbonsteel Engineering IPO Form
How to apply for the Karbonsteel Engineering IPO? You can apply for Karbonsteel Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Karbonsteel Engineering IPO in the Invest section. The other option is you can apply for Karbonsteel Engineering IPO via IPO forms downloaded online. Check out the Karbonsteel Engineering forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
