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

Karamtara Engineering IPO

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

ParticularsDetails
IPO DateSeptember 9 to September 11, 2026
Listing DateSeptember 17, 2026
Face Value₹10 per share
Price Band₹241 to ₹254
Lot Size59 Shares
Minimum Investment₹14,986
Issue Size₹875 Crore
Fresh Issue₹675 Crore
Offer for Sale₹200 Crore
Issue TypeBook Built Issue
ListingBSE & NSE
RegistrarMUFG Intime India Private Limited
Lead ManagersIIFL Capital Services, ICICI Securities & JM Financial
BusinessRenewable 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 EventDate
IPO Open DateSeptember 9, 2026
IPO Close DateSeptember 11, 2026
Basis of AllotmentSeptember 15, 2026
RefundsSeptember 16, 2026
Shares Credited to DematSeptember 16, 2026
Listing DateSeptember 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 CategoryLotsSharesAmount at ₹254
Retail – Minimum159₹14,986
Retail – Maximum14826₹2,09,804
B-HNI – Minimum673,953₹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 PriceReported GMPIndicative PriceIndicative Premium
₹254₹72₹32628.35%

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.

SegmentMajor Products
Solar EnergyMounting structures, tracker components, piles and piers
TransmissionLattice towers and transmission structures
Steel ProductsStructural steel profiles and plates
FastenersEngineered fasteners
Transmission HardwareOverhead transmission-line fittings
Wind EnergyWind-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)FY2024FY2025FY2026
Revenue2,427.123,165.364,316.36
EBITDA262.93346.83498.11
Profit After Tax102.65139.33228.75
Net Worth552.92982.671,219.40
Total Assets1,844.562,762.594,142.24

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

ParticularDetails
IPO NameKaramtara Engineering IPO
Issue Size₹875 Crore
Fresh Issue₹675 Crore
OFS₹200 Crore
Price Band₹241–₹254
Lot Size59 Shares
Minimum Investment₹14,986
IPO OpeningSeptember 9, 2026
IPO ClosingSeptember 11, 2026
AllotmentSeptember 15, 2026
ListingSeptember 17, 2026
ExchangeBSE & NSE
BusinessRenewable Energy & Transmission Products
Reported GMPAround ₹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.