Karamtara Engineering Limited IPO
Karamtara Engineering Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

Karamtara Engineering  is a backward-integrated manufacturer catering to the renewable energy and transmission line sectors. It stands as the largest and a leading producer of solar mounting structures and tracker components in India, measured by installed capacity. With a comprehensive and diverse product portfolio, the company serves as a one-stop solution for solar structures—offering both fixed-tilt and tracking systems. Its offerings extend to structures and fasteners for solar and transmission applications, as well as hardware fittings and accessories for overhead transmission lines (OHTLs). It is now entering the wind energy sector.

Karamtara Engineering IPO Size

Fresh Issue
₹1,350 Cr (TBA Shares)
Offer For Sale
₹400 Cr (TBA Shares)

Objects of Issue

  1. Funding prepayment, repayment and/ or payment obligations to our lenders towards borrowings and Acceptances, in part or full
  2. General corporate purposes.

Karamtara Engineering IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Karamtara Engineering IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 1,413.10 2,425.15 1,600.31 1,244.81
Profit after Tax 58.99 102.65 42.36 12.65
Net Worth 588.46 552.92 450.20 408.85
Total Borrowing 538.53 508.51 327.36 427.58
Total Assets 2,191.44 1,844.56 1,536.90 1,544.05
NAV per share (in ₹) 2.09 1.96 1.60 1.45
EPS - Basic (in ₹) 0.21 0.36 0.15 0.05

Key Performance Indicators (KPIs)

EBITDA

10.84%

PAT

4.23%

ROE

20.45%

ROCE

24.15%

Net Debt to Equity

0.84

  • All the data pertains to FY 2023-24.

Promoter Holding

Promoter

94.79%

Public

5.21%

Tanveer Singh 23.26%
Rajiv Singh 23.26%
Inderjeet Singh 0.48%
Inderjeet Tanveer Singh Trust 23.89%
Inderjeet Rajiv Singh Trust 23.89%

Management

Tanveer Singh
Chairman & MD
Sunil Kumar Rustagi
CFO

Registrar & Lead Managers

Company Details

Name: Karamtara Engineering Limited

Address: 705, Morya Landmark II, New Link Road, Andheri (West), Mumbai – 400 053, Maharashtra, India

Number: +91 22 4071 0000

Email: investors@karamtara.com

Website: www.karamtara.com

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