Karamtara Engineering Ltd IPO
Karamtara Engineering is a backward-integrated manufacturer, known for its expertise in providing solutions for the renewable energy and transmission line sectors. Its product portfolio includes solar structures (fixed-tilt and trackers), fasteners for solar energy, and transmission lines for a wide range of industries like solar, wind, transmission, automobile, and telecom.
IPO GMP
+₹48
+19% expected gain
Price Band
₹254
Lot Size
59 shares
Min Investment
₹14,986
Listing Date
September 17, 2026
About Karamtara Engineering Ltd
Company overview, business, and key facts.
Karamtara Engineering is a backward-integrated manufacturer, known for its expertise in providing solutions for the renewable energy and transmission line sectors. Its product portfolio includes solar structures (fixed-tilt and trackers), fasteners for solar energy, and transmission lines for a wide range of industries like solar, wind, transmission, automobile, and telecom.
According to the report, in Fiscal Year 2024 and the six months ended September 30, 2024, they are also one of the largest manufacturers of solar mounting structures and tracker components in terms of installed capacity. The firm has a global as well as international presence, exporting products to over 50 countries in North America, Europe, Asia, Africa, Australia, and Latin America.
Headquarters
Mumbai, Maharashtra
Promoters
Tanveer SIngh, Rajiv Singh, Inderjeet Singh, Inderjeet Tanveer Singh Trust, Inderjeet Rajiv Singh Trust
Website
https://karamtara.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review:
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Karamtara Engineering Ltd IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹8,174.3 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
35.7x
Peer median 19.6x (premium of 82.1%)
Price to sales
1.89x
Revenue growth, 2026
+36.4%
33.4% a year over the period
Profit growth, 2026
+64.2%
49.3% a year over the period
Profit margin (PAT)
5.3%
EBITDA margin 11.55%
ROE / ROCE
20.77% / 23.27%
As published in the offer document
Debt to equity
0.72
Promoter holding
92.06% → 82.01%
Before → after the IPO
Issue mix
77.1% fresh / 22.9% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹2,832
59 shares on ₹14,986. GMP is unofficial.
What stands out
- Profit grew 64.2% in 2026.
- GMP has been rising over the last three readings.
Watch-outs
- Priced at a 82.1% premium to the peer median P/E of 19.6.
- 100% of the disclosed use of proceeds is debt repayment.
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Karamtara Engineering Ltd's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Karamtara Engineering Ltd IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Karamtara Engineering Ltd IPO is trading at a grey market premium (GMP) of +₹48 (+19% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 21.26x overall — QIB: 34.27x, NII: 31.04x, Retail: 9.64x.
Karamtara Engineering Ltd IPO subscription has closed. The shares are expected to list on September 17, 2026.
The minimum investment required is ₹14,986 for 59 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review:.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Karamtara Engineering Ltd IPO — Frequently Asked Questions
What is Karamtara Engineering Ltd IPO GMP today?
Karamtara Engineering Ltd IPO GMP (grey market premium) today is +₹48, suggesting an estimated listing gain of +19%. GMP is indicative and subject to change.
What is the price band of Karamtara Engineering Ltd IPO?
The price band for Karamtara Engineering Ltd IPO is ₹254 with a lot size of 59 shares. The minimum investment required is ₹14,986.
When is Karamtara Engineering Ltd IPO allotment date?
Karamtara Engineering Ltd IPO allotment is expected to be finalised on September 15, 2026. You can check your allotment status on the registrar's website (MUFG Intime India Pvt. Ltd.) using your PAN number.
When will Karamtara Engineering Ltd IPO list on NSE/BSE?
Karamtara Engineering Ltd IPO is expected to list on BSE, NSE on September 17, 2026.
How to check Karamtara Engineering Ltd IPO allotment status?
To check Karamtara Engineering Ltd IPO allotment status, visit the registrar's website (MUFG Intime India Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Karamtara Engineering Ltd IPO?
Karamtara Engineering Ltd IPO is showing a strong GMP of +₹48 (+19%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of Karamtara Engineering Ltd IPO?
The lot size for Karamtara Engineering Ltd IPO is 59 shares per lot. The minimum investment for retail investors is ₹14,986. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.