Karbonsteel Engineering Limited IPO

Karbonsteel Engineering Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹151 - ₹159

Total Issue

₹59.30 Cr

Bid Dates

08 Sep - 10 Sep

Subscription

71.27x

Est. GMP

₹19.5 (12.26%)

Website RHP Check Allotment

Tentative Timetable

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.

Lot Info

Lot Information for Karbonsteel Engineering IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹5,08,800
Individual (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
Market Maker
1,88,000 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹59.30 Cr
Fresh Issue
₹48.33 Cr (0.30 Cr Shares)
Offer For Sale
₹10.97 Cr (0.07 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

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

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

KPIs

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.

Shareholding

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

Registrar

Maashitla Securities

Maashitla Securities

Lead Managers (1)

Seren Capital Seren Capital

Subscription Status

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

BSE SME Subscription Status for Karbonsteel Engineering IPO
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

Frequently Asked Questions

What is Karbonsteel Engineering IPO?
Karbonsteel Engineering IPO is a SME IPO having an issue size of ₹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.
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