Karbonsteel Engineering Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,768,800 (47%) | — | ₹2,812 Cr |
| NII (HNI) | — | 532,800 (14%) | — | ₹847 Cr |
| Retail | — | 1,240,000 (33%) | — | ₹1,972 Cr |
| Market Maker | — | 188,000 (5%) | — | ₹30 Cr |
| Σ Total | — | 3,729,600 (100%) | — | ₹59,301 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹127,200 |
| Retail (Max) | 13 | 10,400 | ₹1,653,600 |
| S-HNI (Min) | 14 | 11,200 | ₹1,780,800 |
| B-HNI (Min) | 67 | 53,600 | ₹8,522,400 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 274 | 219 | 156 |
| EBITDA | 37 | 26 | 16 |
| Profit After Tax | 14 | 9 | 5 |
| Net Worth | 60 | 44 | 29 |
| Total Assets | 233 | 176 | 144 |
| Reserves & Surplus | 49 | 38 | 24 |
| Total Borrowing | 79 | 60 | 49 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds – 12.29
- 2 Repayment of a portion of certain borrowings availed by the Company – 3.08
- 3 To meet the Working Capital requirements – 25.25
- 4 General Corporate Purpose – 4.30
Company Overview
Incorporated in 2011, Karbonsteel Engineering Limited is an engineering solutions provider, specializing in designing, manufacturing, and supplying high-quality products across various industries.
The company provides structural engineering and fabrication solutions for steel plants, railway bridges, oil & gas plants, refineries, and other industries, supporting construction, expansion, and modernization of large-scale projects.
The company operates two manufacturing facilities in Gujarat and Maharashtra, producing heavy steel structures, PEBs, and steel bridges, with a combined capacity of 32,400 MT per year.
Services Offers:
- Heavy Steel Fabricated Structures: Large steel components supporting heavy loads in industrial and infrastructure projects.
- Precision Fabricated Steel Structures: Customized steel components requiring high accuracy for industrial and process applications.
- Steel Bridge Structures: Steel components for constructing railway and road bridges with high load-bearing capacity.
- Pre-Engineered Buildings (PEBs): Customized steel systems for efficient, cost-effective industrial and commercial building construction.
As of January 31, 2025, the company had a total workforce of 349 employees across locations.
Competitive Strengths:
- Capabilities to execute large-scale industrial and infrastructure projects
- Strong Order Book
- In-House manufacturing and testing capabilities
- Strong relationship with customers
- Experienced Promoters with strong management team having domain knowledge