Karamtara Engineering IPO Date, Price, GMP, Review, Details & Information

Karamtara Engineering Public Limited Company (PLC) IPO is a main board public offer which has caught much attention due to its business in the renewable energy industry and power transmission. The total IPO size will be of ₹875 crore including ₹675 crore from the fresh issue and ₹200 crore from the Offer for Sale (OFS).
The price band for this IPO is set at ₹241 to ₹254 while the lot size will be 59. For a price band of ₹254, the minimum amount that will be required for one lot will be ₹14,986.
Karamtara Engineering IPO will open on 9th September 2026 and will close on 11th September 2026. The tentative date of allotment is set at 15th September and listing of shares will take place on 17th September 2026 at BSE and NSE.
Karamtara Engineering IPO Details
| Particulars | Details |
| IPO Date | September 9 to September 11, 2026 |
| Listing Date | September 17, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹241 to ₹254 |
| Lot Size | 59 Shares |
| Minimum Investment | ₹14,986 |
| Issue Size | ₹875 Crore |
| Fresh Issue | ₹675 Crore |
| Offer for Sale | ₹200 Crore |
| Issue Type | Book Built Issue |
| Listing | BSE & NSE |
| Registrar | MUFG Intime India Private Limited |
| Lead Managers | IIFL Capital Services, ICICI Securities & JM Financial |
| Business | Renewable Energy & Transmission Products |
Karamtara Engineering IPO Timeline
The subscription period will last for three days. It is advisable that potential investors monitor the official website of the exchange and the registrar for any schedule adjustments.
| IPO Event | Date |
| IPO Open Date | September 9, 2026 |
| IPO Close Date | September 11, 2026 |
| Basis of Allotment | September 15, 2026 |
| Refunds | September 16, 2026 |
| Shares Credited to Demat | September 16, 2026 |
| Listing Date | September 17, 2026 |
Karamtara Engineering IPO Lot Size
The minimum application is 59 shares, which represents one lot. At the upper price band of ₹254, one lot requires an investment of ₹14,986.
| Investor Category | Lots | Shares | Amount at ₹254 |
| Retail – Minimum | 1 | 59 | ₹14,986 |
| Retail – Maximum | 14 | 826 | ₹2,09,804 |
| B-HNI – Minimum | 67 | 3,953 | ₹10,04,062 |
The actual amount payable may vary depending on the final issue price.
Karamtara Engineering IPO GMP
Karamtara Engineering IPO GMP (Grey Market Premium) is an unofficial measure of sentiment in the market. GMP is neither regulated nor guaranteed by the company or stock exchange, and it changes quite often.
According to market reports during the IPO time, the GMP was approximately ₹72 per share. In case of an upper price band of ₹254, GMP being ₹72 would indicate an indicative price of about ₹326.
| IPO Price | Reported GMP | Indicative Price | Indicative Premium |
| ₹254 | ₹72 | ₹326 | 28.35% |
Investors should remember that GMP does not guarantee the actual listing price. Market conditions can change between the IPO closing date and listing day.
About Karamtara Engineering Limited
Karamtara Engineering Limited is a firm engaged in engineering and manufacturing. The firm's operations revolve around the renewable energy and power transmission industries.
It makes various products that are employed in the construction of solar energy plants and transmission lines as well as other forms of energy generation. These include solar mounting systems, trackers, piles, piers, transmission towers, fasteners, structural steel, and overhead transmission line hardware.
In addition, the company has ventured into the wind energy industry by making wind turbine components.
Karamtara Engineering Business
Karamtara has established manufacturing processes for various product types. Karamtara products are employed by customers who generate renewable energy and transfer electricity.
| Segment | Major Products |
| Solar Energy | Mounting structures, tracker components, piles and piers |
| Transmission | Lattice towers and transmission structures |
| Steel Products | Structural steel profiles and plates |
| Fasteners | Engineered fasteners |
| Transmission Hardware | Overhead transmission-line fittings |
| Wind Energy | Wind-turbine tower components |
Diversification of products offered by the firm is among the aspects which may enable it to take advantage of the investment being made in renewable energy and power infrastructure.
Karamtara Engineering Financial Performance
The company has reported strong growth in revenue and profitability in recent years.
| Particulars (₹ Crore) | FY2024 | FY2025 | FY2026 |
| Revenue | 2,427.12 | 3,165.36 | 4,316.36 |
| EBITDA | 262.93 | 346.83 | 498.11 |
| Profit After Tax | 102.65 | 139.33 | 228.75 |
| Net Worth | 552.92 | 982.67 | 1,219.40 |
| Total Assets | 1,844.56 | 2,762.59 | 4,142.24 |
Product diversification by the company is one of the factors that may help the company benefit from the investments made on renewable energy and power.
Karamtara Engineering IPO Objectives
The company plans to use the proceeds from the fresh issue for its business and financial requirements.
The major purpose of the fresh issue includes:
- Repayment or prepayment of certain borrowings.
- Meeting financial obligations to lenders.
- General corporate purposes.
The fresh issue component is ₹675 crore, while ₹200 crore will be raised through the Offer for Sale.
Karamtara Engineering IPO Review
The Karamtara Engineering IPO offers investors exposure to two important infrastructure themes: renewable energy and power transmission.
Positive Elements
- High revenue and profitability growth.
- Industry exposure to the renewable-energy sector.
- Presence in the infrastructure of power transmission.
- Product diversification.
- In-house manufacturing facility for solar, wind, and transmission equipment.
- Possible gain from rising energy and infrastructure needs of India.
Key Risk Elements
- The business needs high working capital.
- Greater borrowing might lead to higher finance costs.
- Risk in case customers cut orders.
- Variations in raw-material prices.
- Demand for renewable-energy and infrastructure might depend on government policies and investment cycles.
Should You Invest in Karamtara Engineering IPO?
An initial public offering would be a good option for those investors who can handle the risks involved in the manufacturing business, infrastructure sector, and renewable energy companies.
But investors should not decide on the basis of GMP only. Valuation of the company, debts, cash flow, customer concentration, orders, and future growth opportunities need to be considered.
It is advised to read the Red Herring Prospectus (RHP) of the company before applying.
Karamtara Engineering IPO – Key Highlights
| Particular | Details |
| IPO Name | Karamtara Engineering IPO |
| Issue Size | ₹875 Crore |
| Fresh Issue | ₹675 Crore |
| OFS | ₹200 Crore |
| Price Band | ₹241–₹254 |
| Lot Size | 59 Shares |
| Minimum Investment | ₹14,986 |
| IPO Opening | September 9, 2026 |
| IPO Closing | September 11, 2026 |
| Allotment | September 15, 2026 |
| Listing | September 17, 2026 |
| Exchange | BSE & NSE |
| Business | Renewable Energy & Transmission Products |
| Reported GMP | Around ₹72* |
GMP is unofficial and can change at any time.
Conclusion
Karamtara Engineering is an IPO worth ₹875 crore of a company that is involved in the business of renewable energy and power transmission. It features an issue price of between ₹241 and ₹254 per share with 59 lots as the minimum lot size, meaning that the minimum investment value will be ₹14,986.
The strengths of the firm include increasing revenues, profitability and a diversified product portfolio among others. The factors that investors should take into consideration while considering investing in the firm include its indebtedness, working capital, customer concentration and industry risks.
On balance, the IPO may be interesting for investors who have faith in the growth prospects of India's renewable energy and power infrastructure industry. Every investor is encouraged to carry out his/her own due diligence and analyze the RHP and financial statements of the company.
FAQs
Q1. What is the Karamtara Engineering IPO price range?
The price range is ₹241 to ₹254 per share.
Q2. What is the Karamtara Engineering IPO lot size?
The lot size is 59 shares.
Q3. What is the minimum investment?
One lot at ₹254 per share will need ₹14,986.
Q4. What is the Karamtara Engineering IPO IPO size?
The size of the IPO is ₹875 crores with ₹675 crores Fresh Issue and ₹200 crores OFS.
Q5. What is the Karamtara Engineering IPO GMP?
GMP for Karamtara Engineering was around ₹72 per share; however, GMP keeps changing anytime.
Q6. When will Karamtara Engineering IPO listing happen?
Tentatively, shares of Karamtara Engineering IPO will be listed on September 17, 2026, in BSE and NSE.