Minimum Investment
About Company
Company Name: Karamtara Engineering Limited
Industry / Sector: Renewable Energy & Power Transmission Equipment
Founded Year: 1996
Promoters: Tanveer Singh, Rajiv Singh, Inderjeet Singh, Inderjeet Tanveer Singh Trust, Inderjeet Rajiv Singh Trust
Karamtara Engineering Limited is engaged in the business of manufacturing products for renewable energy and transmission lines. The company offers a diverse product portfolio, serving as a one-stop shop for solar structures (fixed-tilt and trackers), fasteners for solar energy and transmission sectors, and overhead transmission line hardware fittings. The company is entering the wind energy sector by setting up a manufacturing facility for tubular towers for wind turbines. As of March 31, 2026, the company has a global presence, exporting to over 50 countries across North America, Europe, Asia, Africa, Australia, and Latin America. The company focuses on backward integration with in-house galvanizing facilities, the largest in India's solar energy sector (258,000 MTPA), and rolling mill furnaces. As of March 31, 2024, the company had 1,015 permanent employees.
IPO Basic Details
| Company Name | Karamtara Engineering Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹241 – ₹254 |
| Lot Size | 59 Shares |
| Total Issue Size | 3,44,48,817 Equity Shares (₹875 Cr) |
IPO Strengths & Risks
Strengths
- Largest integrated manufacturer in India for solar mounting structures and tracker components
- Diverse product offerings acting as a one-stop shop for solar structures (fixed-tilt and trackers)
- Extensive global footprint with a track record of exports to over 50 countries
- Established relationships with global customers and high customer retention
- Strategic network of manufacturing facilities with advanced capabilities
- Experienced Promoter Directors supported by a skilled management team
Risks
- High dependence on the renewable energy and power transmission sectors
- Exposure to raw material price volatility (steel, etc.)
- Competition from other manufacturers in the solar and transmission segments
- Working capital intensive business model
- Project execution and cost overrun risks
IPO Important Dates
| IPO Open Date | 09 Sep 2026 |
| IPO Close Date | 11 Sep 2026 |
| Basis of Allotment | 15 Sep 2026 |
| Refund Initiation | 16 Sep 2026 |
| Demat Credit Date | 16 Sep 2026 |
| Listing Date | 17 Sep 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Net Offer |
| Retail Quota | Not less than 35% of the Net Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 59 | ₹14,986 |
| Retail Maximum | 13 Lots | 767 | ₹1,94,818 |
| S-HNI Minimum | 14 Lots | 826 | ₹2,09,804 |
| S-HNI Maximum | 66 Lots | 3,894 | ₹9,89,076 |
| B-HNI Minimum | 67 Lots | 3,953 | ₹10,04,062 |
Key Performance Indicators (KPI)
| ROE | 20.77% (FY26), 18.13% (FY25) |
| ROCE | 23.27% (FY26), 23.30% (FY25) |
| RoNW | - |
| PAT Margin | Not explicitly stated in the source |
| EBITDA Margin | 11.55% (FY26), 10.98% (FY25) |
| EPS | ₹7.75 (Pre-IPO), ₹7.11 (Post-IPO) |
| NAV per share | - |
| Debt to Equity | 0.84 (FY26), 0.57 (FY25) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹4,142.24 Cr | ₹4,316.36 Cr | ₹228.75 Cr | ₹498.11 Cr | ₹1,219.40 Cr | ₹1,030.13 Cr |
| FY2025 | ₹2,762.59 Cr | ₹3,165.36 Cr | ₹139.33 Cr | ₹346.83 Cr | ₹982.67 Cr | ₹556.28 Cr |
| FY2024 | ₹1,844.56 Cr | ₹2,427.12 Cr | ₹102.65 Cr | ₹262.93 Cr | ₹552.92 Cr | ₹508.51 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: MUFG Intime India Pvt. Ltd.
Registrar Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Manager(s)
Company Information
Address: 705, Morya Landmark II, New Link Road, Andheri (West), Mumbai, Maharashtra - 400053
Website: https://karamtara.com/
Email: investors@karamtara.com
Phone: +91 22 4071 0000
IPO Documents
Frequently Asked Questions (FAQ)
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