Karbonsteel Engineering IPO: Review Allotment, Listing Date
The engineering and infrastructure sector in India is experiencing a significant boom, and the upcoming IPO of Karbonsteel Engineering Limited is poised to capitalize on this growth. As a company specializing in heavy and precision steel structures, Karbonsteel Engineering is set to list on the BSE SME platform. This blog post provides a comprehensive review, analysis, and all the key details you need to know about the Karbonsteel Engineering IPO before you consider investing.
About Karbonsteel Engineering Limited
Incorporated in 2011, Karbonsteel Engineering is a structural engineering and fabrication company that designs, manufactures, and assembles heavy steel and precision steel structures. The company's products are crucial for a wide range of industries, including steel plants, oil and gas, railways, and other major infrastructure projects. Karbonsteel Engineering's diverse product portfolio includes steel bridge elements, pre-engineered buildings (PEBs), and heavy fabricated structures like columns and beams. With its manufacturing facilities located in Gujarat and Maharashtra, the company has built a strong track record of executing large-scale, complex projects, including its contributions to the Mumbai-Ahmedabad High-Speed Rail corridor.
Karbonsteel Engineering IPO Details
The Karbonsteel Engineering IPO is a book-built issue with a total size of ₹59.30 crore. The issue is a combination of a fresh issue of shares and an offer for sale (OFS) from the promoter selling shareholders. This indicates that a portion of the funds will be used for the company's growth, while the remaining will go to the existing shareholders.
- Fresh Issue: ₹48.33 crore
- Offer for Sale (OFS): ₹10.97 crore
- Listing: BSE SME
Objectives of the Issue
The company plans to use the net proceeds from the IPO for the following key purposes:
- Funding capital expenditure for the expansion of its Umbergaon facility.
- Repaying a portion of its existing borrowings.
- Meeting working capital requirements for its daily operations.
- General corporate purposes.
Karbonsteel Engineering IPO Dates and Price
Here are the important dates and pricing details you should be aware of:
Key Dates
| IPO Activity | Date |
|---|---|
| IPO Open Date | September 8, 2025 |
| IPO Close Date | September 10, 2025 |
| Basis of Allotment Finalization | September 11, 2025 |
| Initiation of Refunds | September 12, 2025 |
| Credit of Shares to Demat Account | September 12, 2025 |
| IPO Listing Date | September 15, 2025 |
Price and Lot Size
| Details | Information |
|---|---|
| Price Band | ₹151 to ₹159 per equity share |
| Face Value | ₹10 per share |
| Minimum Lot Size (Retail) | 800 shares |
| Minimum Investment (Retail) | ₹1,27,200 (at the upper price band) |
Karbonsteel Engineering IPO GMP (Grey Market Premium)
The Grey Market Premium (GMP) is an unofficial indicator of the market's sentiment towards an IPO. A positive GMP suggests that the shares could list at a premium to their issue price, indicating strong demand from investors. While the GMP is not a foolproof predictor, it is a key metric for many investors looking for potential listing gains. The GMP for Karbonsteel Engineering IPO has shown a positive trend, reflecting the market's favorable view of the company's business model and growth prospects.
Karbonsteel Engineering IPO Allotment Status
The IPO allotment status is crucial for all applicants. The registrar for this IPO is Maashitla Securities Pvt. Ltd. The allotment is expected to be finalized on September 11, 2025. You can check your allotment status online on the registrar's official website using your PAN number, application number, or DP client ID. You will be notified of the allotment status via email and SMS from your bank and broker.
Financial Performance and Review
Karbonsteel Engineering has demonstrated a strong financial track record. The company's revenue and profitability have shown consistent growth over the past few years, which is a key indicator of a healthy business. Its order book has also been growing steadily, reflecting its ability to secure new projects and maintain client relationships. With its strong capabilities in executing large-scale projects and a clear plan for expansion, the company is well-positioned to benefit from the growing infrastructure and industrial sectors in India. However, as with any SME IPO, investors should be mindful of the risks associated with market volatility and competition.
Disclaimer:
This post is for informational purposes only. Please conduct your own research or consult a financial advisor before investing in any IPO.
Frequently Asked Questions (FAQs)
Karbonsteel Engineering is a structural engineering and fabrication company that specializes in designing and manufacturing heavy and precision steel structures for various industries, including railways and oil & gas.
The IPO opens on September 8, 2025, and will close on September 10, 2025.
The price band is fixed at ₹151 to ₹159 per share, with a minimum lot size of 800 shares. The minimum investment for a retail investor is ₹1,27,200.
You can check the allotment status on the website of the official registrar, Maashitla Securities Pvt. Ltd., on September 11, 2025.
The shares are expected to be listed on the BSE SME platform on September 15, 2025.
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