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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Karamtara Engineering Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹254
Per ShareLot Size
59 Shares
Minimum Investment
₹14,986
Issue Size
₹875 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.06%
Promoter Holding (Post-Issue)
82.02%
Issue Type
Book Building
ISIN
INE590T01012
We are a backward integrated manufacturer of products for renewable energy and transmission lines sectors. We are the largest integrated manufacturer in terms of installed capacity in India for solar mounting structures and tracker components in Fiscal 2026 according to the F&S Report. Our aggregate installed capacity was 889,200 MTPA (including 492,000 MTPA for solar products equivalent to approximately 16.81 GW) and 480,000 pieces as of March 31, 2026 (excluding our galvanizing capacity). We offer a diverse product portfolio which enables us to serve as a one-stop shop for solar structures (fixed-tilt and trackers). We offer structures and fasteners in the solar energy and transmission sectors, and overhead transmission line ("OHTL") hardware fittings and accessories. We were one of the largest exporters of solar products from India to North America in Fiscal 2025. We have also forayed into the wind energy sector by commencing production of angular towers for wind turbines and tubular towers for wind turbines in March 2025 and June 2025, respectively. Further, we intend to enter into the business of battery energy storage systems ("BESS") through our wholly owned subsidiary (being Karamtara Green Energy Limited ("KGEL")) that was incorporated in May 2025. In addition, we intend to set up manufacturing facilities for prefabricated engineered building ("PEB") structures.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 34,448,817 equity shares of face value of Rs. 10 each ("Equity Shares") of Karamtara Engineering Limited ("Company") for cash at a price of Rs. 254 per equity share (Including a Share Premium of Rs. 244 per Equity Share) ("Offer Price") aggregating to Rs. 875.00 Crores comprising a fresh issue of 26,574,803 equity shares of face value of Rs. 10 each aggregating to Rs. 675.00 Crores by the company ("Fresh Issue") and an offer for sale of 7,874,014 equity shares of face value of Rs. 10 each aggregating to Rs. 200.00 Crores ("Offered Shares") by the selling shareholders (as Defined Below), consisting of 3,937,007 equity shares of face value of Rs. 10 each aggregating to Rs. 100.00 Crores by Tanveer Singh and 3,937,007 equity shares of face value of Rs. 10 each aggregating to Rs. 100.00 Crores by Rajiv Singh (Collectively the "Promoter Selling Shareholders" / "Selling Shareholders", and such Equity Shares Offered by the Promoter Selling Shareholders, the "Offered Shares") ("Offer For Sale", and together with the fresh issue, the "Offer"). The company, in consultation with the brlms, may consider pre-ipo placement, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by its company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. the pre-ipo placement, if undertaken, shall not exceed 20 % of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if Undertaken). Price Band: Rs. 254 per equity share bearing face value of Rs. 10 each. The floor price is 25.40 times of the face value of the equity shares. Bids can be made for a minimum of 59 equity shares of face value of Rs. 10 each and in multiples of 59 equity shares of face value of Rs. 10 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The global landscape for energy production is undergoing a significant shift. Renewable energy capacity grew at a CAGR of 10.4% between 2018 and 2023 and is projected to grow at a CAGR of 13.6% from 2023 to 2028. This upward trend suggests a promising future for renewable energy, driven by factors such as increasing demand for clean energy and supportive government policies. Further, India is transitioning from coal-based power to renewable energy, with a projected total power generation capacity of 751 GW by Fiscal 2030 (estimated) and a renewable energy target of 500 GW by 2030, including 280 GW from solar power.
The Company was incorporated as `Karamtara Engineering Private Limited' as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated May 8, 1996, issued by the Additional Registrar of Companies, Maharashtra at Mumbai. Our Company was subsequently converted into a public limited company pursuant to the special resolution passed by our Shareholders on December 9, 2024, and the name of our Company was changed to `Karamtara Engineering Limited'. A fresh certificate of incorporation dated December 16, 2024 was accordingly issued by the Registrar of Companies, Central Processing Centre.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.