Carraro India IPO: Check GMP, Price Band, Allotment Dates HereCarraro India IPO: Check GMP, Price Band, Allotment Dates Here

Carraro India Limited IPO has a Grey Market Premium of ₹0 as of December 19, 2024, with a price range of ₹668 to ₹704 per share. Offering lots of 21 shares, the subscription window is open from December 20 to December 24, 2024. 

Carraro India Limited IPO GMP Today

The Grey Market Premium (GMP) for Carraro India Limited is ₹0 as of December 19, 2024. This assessment coincides with a price of ₹668 to ₹704 per share for the IPO.

Carraro India Limited IPO Review 

Carraro India Limited demonstrated a strong financial performance in FY24, with revenue growing by 4% to ₹1,806.55 crore and profit after tax surging by 29% to ₹62.56 crore compared to FY23. This growth underscores the company’s resilience and profitability.

The company’s assets rose marginally to ₹1,072.89 crore in FY24, while net worth increased to ₹369.82 crore, reflecting improved financial stability. Total borrowings stood at ₹212.55 crore, indicating prudent financial management amidst growth-focused operations and profitability enhancements.

To get a full IPO review, click here Carraro India IPO

Carraro India Limited IPO Date

Carraro India Limited will start accepting subscriptions from December 20 to December 24, 2024.

Carraro India Limited IPO Price

Carraro India Limited’s price range is at ₹668 to ₹704 per share with a face value of ₹10 each.

Carraro India Limited

Carraro India Limited, established in 1997, manufactures advanced transmission systems and gears for agricultural, construction, and off-highway vehicles. With two state-of-the-art plants in Pune, it serves diverse sectors, including automotive and industrial equipment, ensuring precision, quality, and innovation.

How To Apply For Carraro India Limited IPO?

To apply for the Carraro India Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Carraro India Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Carraro India Limited IPO at Alice Blue in just a few clicks!Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.