Karbonsteel Engineering IPO
GMP, Subscription, Price, Dates & Financial Details
Steel & Iron Products
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…
Open Date
Tue, 09 Sep 2025
Close Date
Thu, 11 Sep 2025
Price Band
₹ 151 – 159
Lot Size
800
Issue Size
₹ 59.30 Cr
Minimum Investment
₹ 254,400 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Karbonsteel Engineering IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹59.30 Crore, comprising a fresh issue of 28.52 Lakh equity shares aggregating to ₹45.34 Crore and an offer for sale (OFS) of 6.90 Lakh equity shares aggregating to ₹10.97 Crore by the existing shareholders.
The Karbonsteel Engineering IPO remained open for subscription from September 09, 2025, to September 11, 2025. The basis of allotment was finalized on September 12, 2025, and the company's shares were listed on BSE SME Platform on September 16, 2025.
The company had fixed the price band at ₹151 to ₹159 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹254,400 (based on the upper price band) to apply for one lot.
Maashitla Securities Private Limited served as the registrar to the issue. Seren Capital Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Karbonsteel Engineering Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Karbonsteel Engineering IPO Timeline (Tentative)
- IPO Open Date
- Tue, 09 Sep 25
- IPO Close Date
- Thu, 11 Sep 25
- Basis of Allotment
- Fri, 12 Sep 25
- Initiation of Refunds
- Mon, 15 Sep 25
- Credit of Shares to Demat
- Mon, 15 Sep 25
- Listing Date
- Tue, 16 Sep 25 — NSE & BSE
Open Date
09 September 2025
Close Date
11 September 2025
Basis Of Allotment
12 September 2025
Listing Date
16 September 2025
IPO Subscription
Check Live Subscription →The Karbonsteel Engineering IPO has received bids for 19,02,04,000 shares against 24,80,800 shares offered, resulting in an overall subscription of 76.67x. the NII category is subscribed 86.34x, Retail Investors 46.86x, and QIBs 121.61x.
QIB
121.61x
NII
86.34x
RII
46.86x
Total
76.67x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 12,40,000 shares, representing 49.98% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 7,08,000 shares (28.54%), while Non-Institutional Investors (NIIs) receive 5,32,800 shares (21.48%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 708,000 | 28.54% |
| Non-Institutional | 532,800 | 21.48% |
| BNII | 355,200 | 14.32% |
| SNII | 177,600 | 7.16% |
| Retail Investors | 1,240,000 | 49.98% |
| Total | 2,480,800 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Karbonsteel Engineering Limited KPI Information
| 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 |
| Pat Margin % | 5.19 | 4.32 | 3.28 |
Peers Comparison
No Peer Comparision Available
About Karbonsteel Engineering Limited
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.
Karbonsteel Engineering IPO Promoters
- Shrenik Kirit Shah
- Mittal Shrenik Shah
Promoters Holding
Holding Pre Issue
72.17%
Holding Post Issue
51.78%
Karbonsteel Engineering IPO Objective
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
Karbonsteel Engineering Limited Address / Contact Details
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
Karbonsteel Engineering IPO Lot Size
The Karbonsteel Engineering IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,54,400 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,54,400.
| 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 |
Issue Reservation
- QIB — 28.54%
- NII — 21.48%
- RII — 49.98%
Book Running Lead Managers
- Seren Capital Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Karbonsteel Engineering IPO?
Karbonsteel Engineering IPO is a Book-building IPO with a total issue size of ₹59.3 crore. The Karbonsteel Engineering IPO price band is ₹151 to 159 per share. The Karbonsteel Engineering IPO subscription opens on Tue, Sep 9, 2025, and closes on Thu, Sep 11, 2025. The Karbonsteel Engineering IPO will be listed on the BSE. Maashitla Securities Private Limited is the registrar for the Karbonsteel Engineering IPO.
When will the Karbonsteel Engineering IPO open for subscription?
The Karbonsteel Engineering IPO opens on Tue, Sep 9, 2025 and closes on Thu, Sep 11, 2025
What is Karbonsteel Engineering IPO Price Band?
Karbonsteel Engineering IPO Price Band is ₹151 to 159 per share.
What is Karbonsteel Engineering IPO Lot Size?
Karbonsteel Engineering IPO lot size is 800 shares, Retail investors need a minimum investment of ₹254400 based on the upper price band
What is the minimum investment for Karbonsteel Engineering IPO?
The minimum investment for Karbonsteel Engineering IPO is ₹254400, based on one lot of 800 shares at the upper price band of ₹159 per share.
How to apply for Karbonsteel Engineering IPO?
Investors can apply for the Karbonsteel Engineering IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 11, 2025. The application amount remains blocked until the Karbonsteel Engineering IPO allotment is finalized.
What is Karbonsteel Engineering IPO Issue Size?
Karbonsteel Engineering IPO issue size is ₹59.3 crores.
What is the Karbonsteel Engineering IPO Allotment Date?
Karbonsteel Engineering IPO allotment date is Fri, Sep 12, 2025.
Who is the Karbonsteel Engineering IPO Registrar?
The registrar for Karbonsteel Engineering IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited website to check Karbonsteel Engineering IPO allotment status, refund processing, and other IPO-related information.
What is the Karbonsteel Engineering IPO GMP?
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 15.72% over the issue price.
Who is the Karbonsteel Engineering IPO Lead Manager?
The book-running lead managers (BRLMs) for the Karbonsteel Engineering IPO are Seren Capital Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Karbonsteel Engineering IPO Red Herring Prospectus (RHP).