Karbonsteel Engineering Limited IPO

Karbonsteel Engineering Limited IPO

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

Dates

08 Sep - 10 Sep

GMP

₹17 (10.69%)

Subscriptions

-

Issue Size

₹59.30 Crs

Karbonsteel Engineering IPO Key Dates
Opening Date

08 Sep 25

Closing Date

10 Sep 25

Basis Of Allotment

11 Sep 25

Initiations Of Refund

12 Sep 25

Credit Of Shares

12 Sep 25

Listing Date

15 Sep 25

Karbonsteel Engineering IPO Objects

  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 Details
Price Band

₹151 - ₹159

Listing At

BSE SME

IPO Issue Type

100% 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

Karbonsteel Engineering IPO Lot Information
Investor Category Lot Shares Amount
Retail
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
Karbonsteel Engineering IPO GMP

The estimated Grey Market Premium of Karbonsteel Engineering IPO is ₹17 per share (10.69%)

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.

Category Allocation
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
Karbonsteel Engineering IPO Financials

(Rs. in crores)

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.

Key Performance Indicators
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.

Karbonsteel Engineering IPO Peer Comparision

(Rs. in crores)

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 Peer Comparision

(Rs. in crores)

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

Promoter Details
Name Shareholding
Shrenik Shah 48.70%
Mittal Shah 18.98%
Others 4.50%
Total 72.18%
Management Details
Name Designation
Shrenik Shah Chairman & MD
Ganesh Bhandary CFO
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/

Book Running Lead Managers (BRLMs)
Company
Seren Capital
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RTAs
Company
Maashitla Securities
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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 ₹17 per share (10.69%).

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 -.

Karbonsteel Engineering IPO is priced at ₹151 - ₹159 per share.

Click the allotment link on Karbonsteel Engineering IPO page of IPO360.

  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

  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

  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