
Karbonsteel Engineering IPO
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Schedule of Karbonsteel Engineering
Issue open date | 09 Sep 2025 |
Issue close date | 11 Sep 2025 |
UPI mandate deadline | 11 Sep 2025 (5 PM) |
Allotment finalization | 12 Sep 2025 |
Refund initiation | 15 Sep 2025 |
Share credit | 15 Sep 2025 |
Listing date | 16 Sep 2025 |
Mandate end date | 26 Sep 2025 |
Lock-in end date for anchor investors (50%) | 12 Oct 2025 |
Lock-in end date for anchor investors (remaining) | 11 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Karbonsteel Engineering
Karbonsteel Engineering is a structural engineering and fabrication company engaged primarily in the design, fabrication and assembly of heavy and precision steel structures customised to meet clients’ requirements across various industrial and infrastructure segments. The company delivers structural engineering solutions in diverse sectors including steel plants, railway bridges, oil & gas plants, refineries, chemical plants and other industrial units. Operating since 2011, the company has two ISO-certified manufacturing facilities in Umbergaon, Gujarat and Khopoli, Maharashtra with combined installed capacity of 36000 MT per annum.
Financials of Karbonsteel Engineering
Issue size
Funds Raised in the IPO | Amount |
Overall | ₹59.30 crores |
Fresh Issue | ₹48.33 crores |
Offer for Sale | ₹10.97 crores |
Utilisation of proceeds
Purpose | INR crores (%) |
Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds | 12.29 (25.4%) |
Repayment of a portion of certain borrowings availed by the company | 3.08 (6.4%) |
Working capital requirements | 25.25 (52.2%) |
General corporate purpose | 7.71 (16.0%) |
Strengths
- Capabilities to execute large-scale industrial and infrastructure projects.
- Strong order book
- In-house manufacturing and testing capabilities.
- Experiences promoters with strong management team having domain language.
Risks
- Dependence on few large clients for significant portion of revenue
- Working capital intensive business model requiring substantial funding
- Raw material price volatility affecting margins and profitability
- Competition from organized and unorganised players in fragmented market
- Project execution risks and potential delays affecting cash flows
Allotment Status for Karbonsteel Engineering
To check your allotment status – click here.