Karbonsteel Engineering Limited IPO
Karbonsteel Engineering Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹151 - ₹159

Total Issue

₹59 Cr

Bid Dates

08 Sep - 10 Sep

Subscription

76.59x

Listing Price

₹185.1 (16.42%)

Website RHP Check Allotment

Valuation

Market Cap

₹224.85 Cr

P/E Ratio

12.44x

P/B Ratio

2.92x

Karbonsteel Engineering IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Karbonsteel Engineering IPO Lot Size

Lot Information for Karbonsteel Engineering IPO
Category Lots Shares Amount
Ind (Min) 2 3,200 ₹5,08,800
Ind (Max) 2 3,200 ₹5,08,800
S-HNI (Min) 3 4,800 ₹7,63,200
S-HNI (Max) 3 4,800 ₹7,63,200
B-HNI (Min) 4 6,400 ₹10,17,600
Allocate Funds
Market Maker
1,88,000 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Karbonsteel Engineering IPO Size

Total ₹59.30 Cr
Fresh Issue
₹48 Cr (0.30 Cr Shares)
Offer For Sale
₹11 Cr (0.07 Cr Shares)

Objects of Issue

  1. Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds
  2. Repayment of a portion of certain borrowings availed by our Company
  3. Meet the Working Capital requirements
  4. General Corporate Purpose

Karbonsteel Engineering IPO IPO Live Subscription

Updated as on 11 Sep 2025 | 05:00:00 PM

Karbonsteel Engineering IPO IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 121.61x 7,08,000 8,60,98,400
NII 85.99x 5,32,800 4,58,15,200
bHNI 102.58x 3,55,200 3,64,37,600
sHNI 52.80x 1,77,600 93,77,600
Individual Investor 46.86x 12,40,000 5,81,02,400
Total 76.59x 24,80,800 19,00,16,000

Karbonsteel Engineering IPO IPO Details Live GMP

GMP ₹19.5
Est. Price ₹178.50
Est. Gain 12.26%

Karbonsteel Engineering IPO Peer Comparison

(Rs. in crores)

Karbonsteel Engineering IPO Peer Comparison Table
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

Karbonsteel Engineering IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Karbonsteel Engineering IPO
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

Key Performance Indicators (KPIs)

EBITDA

13.41%

PAT

5.19%

ROE

27.19%

ROCE

24.63%

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

72.18%

Public

27.82%

Shrenik Shah 48.70%
Mittal Shah 18.98%
Others 4.50%

Management

Shrenik Shah
Chairman & MD
Ganesh Bhandary
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

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 (FAQs)

What is Karbonsteel Engineering IPO?
Karbonsteel Engineering IPO is a SME IPO having an issue size of ₹59 Crs. Karbonsteel Engineering IPO is priced at ₹151 - ₹159 per share. The issue opens on 08 Sep 25 and closes on 10 Sep 25.
When will Karbonsteel Engineering IPO open?
Karbonsteel Engineering IPO opens on 08 Sep 25 and closes on 10 Sep 25.
What is the GMP of Karbonsteel Engineering IPO?
The estimated Grey Market Premium of Karbonsteel Engineering IPO is ₹19.5 per share (12.26%).
What is the lot size of Karbonsteel Engineering IPO?
The minimum lot size of Karbonsteel Engineering IPO is 1600 shares & the minimum application amount is Rs. 254400.
When is the allotment of Karbonsteel Engineering IPO?
The allotment date of Karbonsteel Engineering IPO is 11 Sep 25.
What is the listing date of Karbonsteel Engineering IPO?
The listing date of Karbonsteel Engineering IPO is 15 Sep 25.
What is the subscription of Karbonsteel Engineering IPO?
Karbonsteel Engineering IPO is subscribed 71.27 times.
What is the price band of Karbonsteel Engineering IPO?
Karbonsteel Engineering IPO is priced at ₹151 - ₹159 per share.
How to check allotment status of Karbonsteel Engineering IPO?
Click the allotment link on Karbonsteel Engineering IPO page of IPO360.
How to apply Karbonsteel Engineering IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Karbonsteel Engineering IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Karbonsteel Engineering IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Karbonsteel Engineering IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date