The allotment status for the ₹875.00 crore Karamtara Engineering IPO is expected to be announced today, September 15, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, MUFG Intime India Private Limited.
Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the NSE and BSE on September 17, 2026.
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[September 11, 2026, 7:00 P.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
159.59x |
|
Non-Institutional Investors (NIIs) |
48.55x |
|
Retail Individual Investors (RIIs) |
13.26x |
|
Total |
62.63x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 1996, Karamtara Engineering Limited is a backward-integrated manufacturer of engineered products for the renewable energy and power transmission industries. According to the F&S Report, it was India's largest integrated manufacturer of solar mounting structures and tracker components by installed capacity in Fiscal 2026, serving customers in both domestic and international markets.
The company's product portfolio includes fixed-tilt and tracker-based solar structures, fasteners, and overhead transmission line hardware. It is also expanding into wind turbine towers and battery energy storage systems (BESS). With exports to more than 50 countries, Karamtara supplies leading OEMs, EPC companies, and independent power producers, and has been recognised as a Four Star Export House by the Government of India.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
4,311.98 |
3,158.45 |
2,425.15 |
|
EBITDA |
498.11 |
346.83 |
262.93 |
|
Profit After Tax (PAT) |
228.75 |
139.33 |
102.65 |
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