IPO

Karbonsteel Engineering Limited IPO

BSE SME

Listed On: Sep 16, 2025 at ₹ 185.10

₹ 254400 /1600 Shares
*Min Investment

Check Allotment

09 Sep, 2025

Open Date

11 Sep, 2025

Close Date

12 Sep, 2025

Allotment Date

16 Sep, 2025

Listing Date
Karbonsteel Engineering IPO Live Subscription Details
View Subscription Details
QIB 121.61x
Retail 46.86x
NIIs 86.34x
BHNI 103.11x
SHNI 52.80x
Retail 46.86x
Total 76.67x
Last updated: 11 Sep 2025, 05:25 PM
Karbonsteel Engineering IPO Issue Details
  • Issue Price ₹151-159 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 37,29,600 shares(aggregating up to ₹59.3 crore)
  • Fresh Share 28,51,600 shares(aggregating up to ₹45.34 crore)
  • Offer For Sale 6,90,000 shares(aggregating up to ₹10.97 crore)
  • Listing at BSE SME
  • List Price 185.10
  • Listing Date 2025-09-16
  • Lead Manager Seren Capital Pvt Ltd
  • Registrar Maashitla Securities Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)21600₹2,54,400
Retail(max)21600₹2,54,400
SHNI(min) 32,400₹3,81,600
SHNI(max) 75,600₹8,90,400
BHNI(min) 86,400₹10,17,600
Karbonsteel Engineering IPO Reservation

Karbonsteel Engineering IPO offers total 37,29,600 shares. Out of which 7,08,000 (18.98%) allocated to QIB, 5,32,800 (14.29%) allocated to NII,12,40,000 (33.25%) allocated to RII, NA (NA%) allocated to employees and 10,60,800 (28.44%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered10,60,800 (28.44%)
Market Maker Shares Offered1,88,000 (5.04%)
QIB Shares Offered7,08,000 (18.98%)
NII (HNI) Shares Offered5,32,800 (14.29%)
bNII < ₹10L3,55,200 (9.52%)
sNII < ₹10L1,77,600 (4.76%)
Retail Shares Offered12,40,000 (33.25%)
Total Shares Offered37,29,600 (100%)
Karbonsteel Engineering IPO Documents
Karbonsteel Engineering IPO Details


Karbonsteel Engineering Limited IPO is an SME IPO, priced at ₹151-159 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 37,29,600 equity shares, aggregating up to ₹59.3 crores..

The IPO bidding window is open from Sep 9, 2025 to Sep 11, 2025. The allotment is expected to be finalized on Sep 12, 2025, and the tentative listing date is Sep 16, 2025.

The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹2,54,400.

Seren Capital Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt Ltd, and

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Karbonsteel Engineering IPO Subscription Analysis And Details
Retail
46.86x
Total
76.67x
As onQIB / NIIRetailTotal
Shares Offered / Reserved7,08,000 / 5,32,80012,40,00024,80,800
Day 1 09-09-25 06:00 PM
0.28 / 2.42 x0.69 x0.94 x
Day 2 10-09-25 06:00 PM
4.11 / 4.82 x2.47 x3.45 x
Day 3 11-09-25 06:00 PM
121.61 / 86.34 x46.86 x76.67 x

Total No of Applications
45,523
Karbonsteel Engineering Valuations
EPS Pre IPO ₹12.75/-
EPS Post IPO ₹10.01/-
P/E Pre IPO 12.47
P/E Post IPO 15.88
ROE 27.19%
ROCE 24.63%
Debt/Equity 1.30
RoNW 23.45%
PAT Margin 5.19%
Price to Book Value 2.92
Karbonsteel Engineering Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets232.76176.14143.76
Revenue273.91218.77155.89
Profit After Tax14.169.425.11
Net Worth60.3743.8028.74
Reserves & Surplus49.2738.4123.74
Total Borrowing78.5559.8348.52
About Karbonsteel Engineering Company

Incorporated in 2011, Karbonsteel Engineering Limited is a provider of engineering solutions that specialize in designing, manufacturing, and supplying top-grade products to different industries.

The firm offers steel plants, railway bridges, oil & gas plant, refinery, and other industrial sectors structural engineering and fabrication solutions for construction, expansion, and modernization of large-scale projects.The firm has two Gujarat and Maharashtra manufacturing plants that produce heavy steel structures, PEBs, and steel bridges with a total capacity of 32,400 MT per annum.

Services Offers:
Heavy Steel Fabricated Structures: Heavy steel components bearing heavy loads in industrial and infrastructure activities.
Precision Fabricated Steel Structures: Special steel components that need high accuracy for industrial and process applications.
Steel Bridge Structures: Steel products for building railway and road bridges of superior load-bearing capability.
Pre-Engineered Buildings (PEBs): Engineered steel systems for quick, economical industrial and commercial building construction.

As on January 31, 2025, the company had a total of 349 people working at locations.

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Karbonsteel Engineering - Promoter(s)

Shrenik Kirit Shah

Mittal Shrenik Shah

Pre Issue Share Holding : %

Post Issue Share Holding : %

Karbonsteel Engineering IPO - Issue Objectives
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 the Company

3

To meet the Working Capital requirements

4

General Corporate Purpose

Contact Details

Karbonsteel Engineering

B-8 Ratnadeep Cosmopolitan Chs Ltd, 140-141 S.V. Road, Nr. Shoppers Stop, Andheri (W), Mumbai, Maharashtra, 400058

+91-22-61872821

info@karbonsteel.com

https://www.karbonsteel.com/

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues