Karbonsteel Engineering IPO

Upcoming

Already have an account? Apply now

09th – 11th Sep 2025
16 Sep 2025
₹151 – ₹159
Lot size 800 — ₹127200
59cr

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.