Karamtara Engineering Limited IPO
Karamtara Engineering Limited IPO closed on 11 Sept 2026. Allotment 15 Sept 2026, listing 17 Sept 2026. Price band ₹241–₹254, lot 59 shares, GMP +₹48 (18.9%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | Mainboard · NSE |
| Price band | ₹241–₹254 |
| Lot size | 59 shares |
| Minimum investment | ₹14,986 |
| Issue size | ₹875 Cr |
| GMP | +₹48 (18.9%) |
| Open date | 9 Sept 2026 |
| Close date | 11 Sept 2026 |
| Allotment date | 15 Sept 2026 |
| Listing date | 17 Sept 2026 |
| Registrar | LINK |
About Karamtara Engineering Limited
Karamtara Engineering manufactures power transmission and renewable energy products across 13 facilities (12 in Maharashtra and Gujarat, one in Italy). Its core business—solar module structures, tracker piles, and torque tubes—drives most of its revenue. It also produces lattice, wind, and transmission towers, fasteners, hardware fittings, and structural steel. The company serves domestic Indian markets and exports globally to North America, Europe, Asia, Africa, Australia, and Latin America.
Strengths
- Operates 13 diverse manufacturing facilities across India and Italy.
- Strong market footprint with exports to over 50 countries globally.
- Extensive product portfolio catering to renewable and transmission sectors.
- Established relationships with marquee independent power producers.
- Strategic capacity expansion plans in domestic and international markets.
Risks
- Heavy reliance on manufacturing units concentrated in Maharashtra.
- Significant dependence on the solar energy sector for total revenue.
- Substantial revenue concentration among the top 10 customers.
- Vulnerability to fluctuations in global trade policies and tariffs.
- Ongoing legal disputes regarding company properties and promoters.