Karamtara Engg.

Karamtara Engineering secured new orders aggregating approximately ₹1199 crore across its transmission and renewable energy segments. The orders were received in the ordinary course of business for products serving power transmission and renewable infrastructure. The company was an integrated manufacturer of solar mounting structures, torque tubes, lattice transmission towers, wind towers and fasteners, and reported revenue of ₹4312 crore in the year to March with solar energy products accounting for about 79% of sales. It operated 13 plants with aggregate structural capacity of 889200 MTPA excluding rolling and galvanising, supported by in-house galvanising capacity. Domestic sales were about 59.5% of revenue and exports about 40.5%, with the United States accounting for roughly ₹2118 crore and the top-10 customers for about 48.6% of FY26 revenue.

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** Shares of Karamtara Engineering KARA.NS rise 10% to 352 rupees in trading debut

** Stock listed at 320 rupees, about 26% premium over IPO issue price of 254 rupees

** Trading volume at about 27.4 million shares

** Co, which manufactures equipment and infrastructure components for the energy and transmission sectors, valued at 113.28 billion Indian rupees ($1.18 billion)

** The company's 8.75 billion-rupee IPO was subscribed 62.63 times last week

** IPO comprises fresh issue of shares worth up to 6.75 billion rupees and offer for sale of shares worth up to 2 billion rupees

($1 = 95.9300 Indian rupees)

(Reporting by Payel Das in Bengaluru)

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