The basis of allotment for Carver Roboweld’s ₹275.40 crore IPO is expected to be finalised today, November 2, 2026. Applicants can verify their allotment status through the official NSE and BSE websites or the registrar’s portal, Bigshare Services Private Limited.
The company’s shares are scheduled to make their tentative debut on the BSE SME platform on November 4, 2026, following the completion of the allotment process.
Explore other Upcoming IPOs on BSE and NSE.
[October 30, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
26.33x |
|
Non-Institutional Investors (NIIs) |
40.39x |
|
Retail Individual Investors (RIIs) |
19.17X |
|
Total |
25.80x |
The company intends to utilise the net proceeds from the fresh issue towards:
Established in 2009, Carver Roboweld Limited produces metal cored wires, welding rods and gauging electrodes for various industrial applications. The company has also expanded into value-added engineering services, offering welding spare parts and accessories, forging die regeneration and welding robot rental services. Its manufacturing facility is located in Bamanbore, Gujarat, with additional service units in Pune, Hosur and Ludhiana.
The company acquired Carver Engineering Private Limited, which provides reconditioning, refurbishment, repair and machining services for industrial plant and machinery across sectors such as forging, steel, cement, power and automotive. Carver Roboweld is ISO 9001:2015 certified for the sale, manufacturing and supply of welding consumables.
|
Particulars |
For the three month period ended June 30, 2026 (in ₹ crore) |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
|
Revenue from operations |
7.71 |
27.02 |
24.86 |
|
EBITDA |
2.84 |
836 |
4.92 |
|
Profit After Tax (PAT) |
1.49
|
3.48 |
1.45 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here