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.
Objects of Issue
- Funding prepayment, repayment and/ or payment obligations to our lenders towards borrowings and Acceptances, in part or full
- General corporate purposes.
Financial Performance
(Rs. in crores)
| 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 |
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.
Shareholding
Promoter
94.79%
Public
5.21%
Management
Frequently Asked Questions
What is Karamtara Engineering IPO?
When will Karamtara Engineering IPO open?
What is the GMP of Karamtara Engineering IPO?
What is the lot size of Karamtara Engineering IPO?
When is the allotment of Karamtara Engineering IPO?
What is the listing date of Karamtara Engineering IPO?
What is the subscription of Karamtara Engineering IPO?
What is the price band of Karamtara Engineering IPO?
How to check allotment status of Karamtara Engineering IPO?
How to apply Karamtara Engineering IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Karamtara Engineering IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Karamtara Engineering IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Karamtara Engineering IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date