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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Karbonsteel 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
₹159
Per ShareLot Size
800 Shares
Minimum Investment
₹1,27,200
Issue Size
₹59.3 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.01%
QIB Quota
49.94%
NII Quota
15.05%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
72.17%
Promoter Holding (Post-Issue)
51.78%
Issue Type
Book Building - SME
ISIN
INE0V8A01016
We are a structural engineering and fabrication company engaged primarily in the design, fabrication and assembly of heavy and precision steel structures, customized to meet clients' requirements across various industrial and infrastructure segments. We have delivered structural engineering and fabrication solutions in diverse sectors including steel plants, railway bridges, oil & gas plants, refineries, chemical plants and other industrial units. Our fabricated structures form an integral part of the construction, expansion or modernization of industrial and infrastructure projects, including industrial plants, high rise buildings, railway bridges and other large-scale developments.
The Indian steel structural market is growing quickly as the country's economic growth and infrastructure development are rising. Structural Steel form the backbone of construction projects in India, playing a critical role in bridges, highways, railways, buildings, high-rise structures, and industrial facilities. From FY 2022 onwards, steel structural consumption has steadily increased from 7,067 thousand tonnes to 10,221 thousand tons in FY 2024, signaling a recovery in industrial activities. The most significant growth occurred in 2023-24, where consumption surged to 10,221 thousand tonnes recording 24% y-oy increase in FY 2024 against 16% and 8% growth in the previous two years, respectively.
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 upto 37,29,600 equity shares of face value of Rs. 10/- each (the "equity shares") of Karbonsteel Engineering Limited ("the company" or "KEL" or "the issuer") at an offer price of Rs. 159/- per equity share for cash, aggregating up to Rs. 59.30 crores ("public offer") comprising of a fresh issue of upto 30,39,600 equity shares aggregating to Rs.48.33 crores (the "fresh issue") and an offer for sale of upto 6,90,000 equity shares by the promoter selling shareholders, Shrenik Kirit Shah and Mittal Shrenik Shah ("offer for sale") aggregating to Rs. 10.97 crores, (Hereinafter refferd as "promoter selling shareholders") out of which 1,88,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 159/- per equity share for cash, aggregating Rs.2.99 crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. offer of 35,41,600 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 159/- per equity share for cash, aggregating Rs. 56.31 crores is herein after referred to as the "net offer". The public offer and net offer will constitute 26.37% and 25.04% respectively of the post-offer paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was incorporated on April 21, 2011 under the name of "Karbon Steelmart Private Limited", a private limited Company under the provisions of the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Maharashtra. Further, Pursuant to Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on January 15, 2022, the name of our Company was changed from Karbon Steelmart Private Limited" to "Karbonsteel Engineering Private Limited" and a fresh Certificate of Incorporation issued by the Registrar of Companies, Mumbai, Maharashtra, on March 2, 2022. Thereafter, our Company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary general meeting held on May 09, 2024 and the name of our Company was changed from "Karbonsteel Engineering Private Limited" to "Karbonsteel Engineering Limited" vide fresh certificate of incorporation dated June 24, 2024 issued by the Registrar of Companies, Central Processing Centre.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.