Karbonsteel Engineering IPO Details
The key details of Karbonsteel Engineering’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹59.30 Cr |
| Price Range | ₹151 - ₹159 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1,600 |
| Investment (cut-off price) | ₹2,54,400 |
| Pre IPO Promotor Holding | 72.17% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Karbonsteel Engineering IPO Timelines
The IPO process for Karbonsteel Engineering includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
09/09/2025
Start Date11/09/2025
End Date15/09/2025
Refund Initiation15/09/2025
Credit of Shares to Demat Ac16/09/2025
Listing DateKarbonsteel Engineering IPO Lot Size
The Karbonsteel Engineering IPO has a fixed lot size of 800 shares, at an upper price band of ₹159 per share. For retail investors, the minimum and maximum application is 1,600 shares (2 lots) amounting to ₹2,54,400. For Small HNI (S-HNI) investors, the minimum application is 2,400 shares (3 lots) worth ₹3,81,600, while the maximum is 5,600 shares (7 lots) amounting to ₹8,90,400. Big HNI (B-HNI) investors need to apply for at least 6,400 shares (8 lots), totaling ₹10,17,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 1600 | ₹2,54,400 |
| Retail Maximum | 2 | 1600 | ₹2,54,400 |
| S-HNI Minimum | 3 | 2400 | ₹3,81,600 |
| S-HNI Maximum | 7 | 5600 | ₹8,90,400 |
| B-HNI Minimum | 8 | 6400 | ₹10,17,600 |
Karbonsteel Engineering IPO Subscription Status
The subscription status for Karbonsteel Engineering IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 121.61x | 85.99x | 46.84x | -- | 76.59x |
IPO Performance on Listing Day
On the listing day (September 16, 2025), Karbonsteel Engineering made a strong debut on the stock exchange. The stock opened at ₹185.10, securing an impressive premium of 16.4% over its issue price of ₹159. The engineering company gained further momentum throughout the trading session, reaching a day high of ₹194.35 while finding solid support at the opening price level. The shares concluded their first trading day at ₹194.35, which also marked the day’s high, delivering an exceptional gain of 22.2% over the issue price, reflecting robust investor confidence in the steel engineering sector and strong market appetite for specialized engineering solutions providers.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹185.10 | ₹194.35 | ₹194.35 | ₹185.10 |
Karbonsteel Engineering IPO Company Financials
Karbonsteel Engineering reports robust performance in FY2025 with Total Income of ₹273.91 crores, managing expenses at ₹254.80 crores, and achieving a strong PAT (Profit After Tax) of ₹14.16 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹155.89 | ₹149.08 | ₹5.11 |
| FY 2024 | ₹218.77 | ₹206.08 | ₹9.42 |
| FY 2025 | ₹273.91 | ₹254.80 | ₹14.16 |
About Company
Incorporated in 2011, Karbonsteel Engineering Limited is a specialized engineering solutions provider engaged in the design, manufacturing, and supply of high-quality products across a range of industries. The company offers structural engineering and fabrication solutions for major sectors including steel plants, railway bridges, oil and gas plants, and refineries, playing a key role in the construction, expansion, and modernization of large-scale infrastructure projects.
Karbonsteel operates two manufacturing facilities located in Gujarat and Maharashtra, with a combined annual production capacity of 32,400 metric tons. Its service offerings include heavy steel fabricated structures for industrial and infrastructure use, precision fabricated steel components for high-accuracy applications, steel bridge structures for railway and road projects, and pre-engineered buildings designed for cost-effective industrial and commercial construction. As of January 31, 2025, the company employed a total of 349 people across its operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2011 | Steel | Shrenik Kirit Shah |
Know Before Investing
Karbonsteel Engineering IPO Strengths
- The company has worked with major industrial and infrastructure clients, which supports steady order inflow and reputation.
- The company has shown steady growth in revenue from ₹155.89 crore in FY23 to ₹273.91 crore in FY25, reflecting expanding operations.
- Equipped with advanced manufacturing and testing facilities, enabling better quality control and execution of projects.
- As of mid-2025, Karbonsteel maintained a strong order book near ₹330 crore, ensuring good revenue visibility and future business.
- Total assets have grown significantly over recent years, reflecting a stronger balance sheet and capability for taking on larger projects.
Karbonsteel Engineering IPO Risks
- A significant portion of revenue comes from a small number of major clients, which increases vulnerability if any key client reduces orders or exits.
- The company requires substantial working capital to maintain operations, posing funding challenges and potential liquidity risks during tight cash flow situations.
- Fluctuations in steel and other raw material prices could negatively impact profit margins and overall profitability.
- The steel fabrication and engineering sector is highly competitive, with many organized and unorganized players, potentially limiting pricing power and margins.
- Delays or cost overruns in ongoing projects could adversely affect cash flow, revenue recognition, and profitability.
- Business depends on industrial and infrastructure sector demand, which is sensitive to economic cycles and government spending patterns.
Swot Analysis for Karbonsteel Engineering IPO
Strengths
Robust Project Execution, In-House Manufacturing and Testing, Strong Order Book
Weaknesses
Revenue Dependency, Raw Material Volatility, Limited International Presence
Opportunities
Infrastructure Boom, Product Portfolio Diversification, Sustainability Initiatives
Threats
Economic Cycles, Regulatory Changes, Environmental and Safety Risks
Company Details
Karbonsteel Engineering Ltd.
B-8; Ratnadeep Cosmopolitan Chs Ltd, 140-141 S.V. Road, Nr. Shoppers Stop, Andheri (W), Mumbai, Maharashtra, India-400058
Phone: +91-22- 61872821
Email: info@karbonsteel.com
Website: https://www.karbonsteel.com/
IPO Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.po@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Karbonsteel Engineering SME IPO are:
- Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds
- Repayment of a portion of certain borrowings availed by the Company
- To meet the Working Capital requirements
- General Corporate Purpose
Seren Capital Pvt. Ltd. is the book-running lead managers for the Karbonsteel Engineering IPO.
Karbonsteel Engineering showcases strong growth potential with revenue rising from ₹155.89 crore in FY23 to ₹273.91 crore in FY25 and profit after tax improving from ₹5.11 crore to ₹14.16 crore. A robust order book and favorable steel and infrastructure outlook strengthen scalability prospects.
The issue price for the Karbonsteel Engineering IPO is set between ₹151 to ₹159 per share.
To invest in two lot of Karbonsteel Engineering IPO, you need ₹2,41,600 at the lower price band (₹151 per share) or ₹2,54,400 at the upper price band (₹159 per share) for a lot size of 1600 shares.
Karbonsteel Engineering IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on September 16, 2025.
Refund/unblocking of funds for Karbonsteel Engineering IPO will begin on September 15, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Karbonsteel Engineering IPO shares on listing day (September 16, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.