Karbonsteel is a structural engineering and fabrication company specializing in the design, fabrication, and assembly of heavy and precision steel structures tailored to client requirements across industrial and infrastructure segments. The company has delivered structural solutions in diverse sectors including steel plants, railway bridges, oil & gas facilities, refineries, chemical plants, and other industrial units. Its fabricated structures play a vital role in the construction, expansion, and modernization of large-scale projects such as industrial plants, high-rise buildings, railway bridges, and infrastructure developments.
Price Band₹151 - ₹159 |
Dates08 Sep - 10 Sep |
GMP₹19.5 (12.26%) |
Subscriptions71.27 times |
Issue Size₹59.30 Crs |
08 Sep 25
10 Sep 25
11 Sep 25
12 Sep 25
12 Sep 25
15 Sep 25
Price Band₹151 - ₹159 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹48.33 Cr (0.30 Cr Shares) |
Offer For Sale₹10.97 Cr (0.07 Cr Shares) |
Total Issue₹59.30 Cr (0.37 Cr Shares) |
Face Value₹10 per equity share |
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
5,08,800
Maximum
2
3,200
5,08,800
|
|||
| Small HNI |
Minimum
3
4,800
7,63,200
Maximum
3
4,800
7,63,200
|
|||
| Big HNI |
Minimum
4
6,400
10,17,600
|
|||
Updated as on 11 Sep 2025 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 121.61 | 7,08,000 | 8,60,98,400 |
| NII | 63.82 | 5,32,800 | 4,60,03,200 |
| bNII (bids above ₹10L) | 103.11 | 3,55,200 | 3,66,25,600 |
| sNII (bids between ₹2L to ₹10L) | 52.80 | 1,77,600 | 93,77,600 |
| Retail | 46.86 | 12,40,000 | 5,81,02,400 |
| Total | 71.27 | 26,68,800 | 19,02,04,000 |
The estimated Grey Market Premium of Karbonsteel Engineering IPO is ₹19.5 per share (12.26%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 35% of Net Offer |
| Retail | Not less than 15% of Net Offer |
| Market Maker | 1,88,000 EQ Shs |
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 273.05 | 218.34 | 155.58 |
| Profit after Tax | 14.16 | 9.42 | 5.11 |
| Net Worth | 60.37 | 43.80 | 28.74 |
| Total Borrowing | 78.55 | 59.83 | 48.52 |
| Total Assets | 232.76 | 176.14 | 143.76 |
| NAV per share (in ₹) | 54.47 | 43.78 | 28.76 |
| EPS - Basic (in ₹) | 12.78 | 9.42 | 5.11 |
The financial information presented is on a consolidated basis.
| KPI | Value |
|---|---|
| EBITDA | 13.41% |
| PAT | 5.19% |
| ROE | 27.19% |
| ROCE | 24.63% |
| PE Ratio | 12.44 |
| PB Ratio | 2.92 |
| Mkt Cap (in Crs.) | 224.85 |
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
| Particulars | Karbonsteel | Atmastco | Goodluck India |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 273.05 | 289.57 | 3,935.89 |
| PAT (In Crs.) | 14.16 | 19.28 | 165.63 |
| EPS - Basic | 12.78 | 7.80 | 50.66 |
| NAV per share | 54.47 | 64.14 | 461.17 |
| RONW | 23.45% | 15.15% | 12.63% |
| EBITDA | 13.41% | 14.80% | 7.90% |
| PAT Margin | 5.19% | 6.66% | 4.21% |
| Price to earning (PE) | 12.44 | 31.28 | 19.32 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 14, 2025 for Peers
| Particulars | Karbonsteel |
|---|---|
| Revenue from Ops (in Crs.) | 273.05 |
| PAT (In Crs.) | 14.16 |
| EPS - Basic | 12.78 |
| NAV per share | 54.47 |
| RONW | 23.45% |
| EBITDA | 13.41% |
| PAT Margin | 5.19% |
| Price to earning (PE) | 12.44 |
| Atmastco | Goodluck India |
|---|---|
| 289.57 | 3,935.89 |
| 19.28 | 165.63 |
| 7.80 | 50.66 |
| 64.14 | 461.17 |
| 15.15% | 12.63% |
| 14.80% | 7.90% |
| 6.66% | 4.21% |
| 31.28 | 19.32 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 14, 2025 for Peers
| Name | Shareholding |
|---|---|
| Shrenik Shah | 48.70% |
| Mittal Shah | 18.98% |
| Others | 4.50% |
| Total | 72.18% |
| Name | Designation |
|---|---|
| Shrenik Shah | Chairman & MD |
| Ganesh Bhandary | CFO |
Name: Karbonsteel Engineering Limited
Address: B-8; Ratnadeep Cosmopolitan Chs Ltd, 140-141
S.V. Road, Nr. Shoppers Stop, Andheri (W),
Mumbai, Maharashtra, India-400058.
Number: +91-22-61872821
Email: info@karbonsteel.com
Website: https://www.karbonsteel.com/
Frequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Karbonsteel Engineering IPO is a SME IPO having an issue size of Rs. ₹59.30 Crs. Karbonsteel Engineering IPO is priced at ₹151 - ₹159 per share. The issue opens on 08 Sep 25 and closes on 10 Sep 25.
Karbonsteel Engineering IPO opens on 08 Sep 25 and closes on 10 Sep 25.
The estimated Grey Market Premium of Karbonsteel Engineering IPO is ₹19.5 per share (12.26%).
The minimum lot size of Karbonsteel Engineering IPO is 1600 shares & the minimum application amount is Rs. 254400.
The allotment date of Karbonsteel Engineering IPO is 11 Sep 25.
The listing date of Karbonsteel Engineering IPO is 15 Sep 25.
Karbonsteel Engineering IPO is subscribed 71.27 times.
Karbonsteel Engineering IPO is priced at ₹151 - ₹159 per share.
Click the allotment link on Karbonsteel Engineering IPO page of IPO360.