Karbonsteel Engineering IPO
Open SmeCurrent GMP
₹25 (+15.72%)
Price Band
₹ 151 – 159
Lot Size
800
Issue Size
₹59.3 Cr
Minimum Investment
₹254400 (1600 Shares)
Listing Date
16 September 2025
Subscription
76.67x
About the Company
Incorporated in 2011, Karbonsteel Engineering Limited is a leading engineering solutions provider, specializing in the design, manufacturing, and supply of high-quality steel structures and fabricated components for diverse industries.
The company delivers structural engineering and fabrication solutions to steel plants, railway bridges, oil & gas facilities, refineries, and infrastructure projects, supporting the construction, expansion, and modernization of large-scale industrial and infrastructure developments.
With two state-of-the-art manufacturing facilities located in Gujarat and Maharashtra, the company has a combined installed capacity of 32,400 MT per annum. These facilities are equipped to produce a wide range of heavy steel structures, pre-engineered buildings (PEBs), and bridge structures, ensuring consistent quality and timely delivery.
Service Offerings
- Heavy Steel Fabricated Structures: Large-scale steel components designed to withstand heavy loads in industrial and infrastructure projects.
- Precision Fabricated Steel Structures: Tailor-made steel components requiring high dimensional accuracy for specialized industrial and process applications.
- Steel Bridge Structures: Fabricated steel structures for railway and road bridges, engineered to ensure durability and high load-bearing capacity.
- Pre-Engineered Buildings (PEBs): Customized, efficient, and cost-effective steel building systems for industrial, commercial, and warehousing applications.
As of January 31, 2025, Karbonsteel Engineering Limited employs a skilled workforce of 349 employees across its facilities and offices.
Promoters
- Shrenik Kirit Shah
- Mittal Shrenik Shah
Promoters Holding
Holding Pre Issue
72.17%
Holding Post Issue
51.78%
Objects of the Issue
The Company Karbonsteel Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds
- Repayment of a portion of certain borrowings availed by our Company
- To meet the Working Capital requirements
- General Corporate Purpose
Address / Contact Info
Karbonsteel Engineering Ltd.
B-8 Ratnadeep Cosmopolitan Chs Ltd,
140-141 S.V. Road, Nr. Shoppers Stop, Andheri (W),
Mumbai, 400058
Phone: +91-22- 61872821
Email: info@karbonsteel.com
Website: https://www.karbonsteel.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 09 September 2025
IPO Close Date
Thursday, 11 September 2025
Basis of Allotment
Friday, 12 September 2025
Initiation of Refunds
Monday, 15 September 2025
Credit of Shares to Demat
Monday, 15 September 2025
Listing Date
Tuesday, 16 September 2025 — NSE & BSE
Important Dates
Open Date
09 September 2025
Close Date
11 September 2025
Basis Of Allotment
12 September 2025
Listing Date
16 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 232.76 | 176.14 | 143.76 |
| Revenue | 273.91 | 218.77 | 155.89 |
| Profit After Tax | 14.16 | 9.42 | 5.11 |
| Net Worth | 60.37 | 43.8 | 28.74 |
| Reserve & Surplus | 49.27 | 38.41 | 23.74 |
| Total Borrowings | 78.55 | 59.83 | 48.52 |
EPS Pre
12.75%
EPS Post
10.01%
P/E Pre
12.47
P/E (Post Issue)
15.88x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 27.19 | 25.99 | 19.51 |
| ROCE % | 24.63 | 22.93 | 19.05 |
| Debt / Equity | 1.3 | 1.37 | 1.69 |
| RoNW % | 23.45 | 21.52 | 17.77 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 5.19 | 4.32 | 3.28 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 708000 | 28.54 | 0 |
| Non-Institutional | 532800 | 21.48 | 0 |
| BNII | 355200 | 14.32 | 0 |
| SNII | 177600 | 7.16 | 0 |
| Retail Investors | 1240000 | 49.98 | 0 |
| Total | 2480800 | 100 | 0 |
Subscription Status ( Thu, 11 Sep 25 01:39 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 708000 | 86098400 | 121.61x |
| Non-Institutional | 532800 | 46003200 | 86.34x |
| Retail Investors | 1240000 | 58102400 | 46.86x |
| Total | 2480800 | 190204000 | 76.67x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 254,400.00 |
| Retail (Max) | 2 | 1,600 | 254,400.00 |
| S-HNI (Min) | 3 | 2,400 | 381,600.00 |
| S-HNI (Max) | 7 | 5,600 | 890,400.00 |
| B-HNI (Min) | 8 | 6,400 | 1,017,600.00 |
Book Running Lead Managers
- Seren Capital Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Karbonsteel Engineering IPO is a Book-building IPO worth ₹59.3 crores. The price band is ₹151 to 159 per share. The IPO opens on Tue, Sep 9, 2025 and closes on Thu, Sep 11, 2025. It will be listed on BSE and NSE. Maashitla Securities Private Limited is the registrar.
The Karbonsteel Engineering IPO opens on Tue, Sep 9, 2025 and closes on Thu, Sep 11, 2025
Karbonsteel Engineering IPO Price Band is ₹151 to 159.
Karbonsteel Engineering IPO lot size is 800, and the minimum amount required for application is ₹254400.
The minimum investment for Karbonsteel Engineering IPO is approximately ₹254400 based on the upper price band.
To apply for the Karbonsteel Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Sep 11, 2025. After submission, funds are blocked until the basis of allotment of Karbonsteel Engineering IPO is finalised.
Karbonsteel Engineering IPO issue size is ₹59.3 crores.
Karbonsteel Engineering IPO allotment date is Sat, Jun 27, 2026.
The registrar for Karbonsteel Engineering IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited website for IPO allotment status, refund processing, and other queries related to Karbonsteel Engineering IPO through their official website or helpline.
The Karbonsteel Engineering IPO GMP (Grey Market Premium) is ₹25 as of Tue, Sep 16, 2025. Based on the upper price band of ₹159 per share, the estimated Karbonsteel Engineering IPO listing price is ₹184, indicating a potential listing gain of approximately 31% over the issue price.