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Karbonsteel Engineering

Book Building issueSME₹59.3 Cr issue
+16.42%
Listing gain over issue price
Issue size
₹59.3 Cr
1 lot at cut-off
₹1,27,200
Lot size
800shares
Open
09 Sept 2025
Close
11 Sept 2025
Allotment
12 Sept 2025
Listing
16 Sept 2025

Listing performance

Issue price
₹159
Listed at
₹185.1
Listing-day close
₹194.35
Latest price
₹135
Listing gain
+16.42%
Return since listing
-15.09%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    09 Sept 2025
  2. Close
    11 Sept 2025
  3. Allotment
    12 Sept 2025
  4. Refund
    15 Sept 2025
  5. Demat credit
    15 Sept 2025
  6. Listing
    16 Sept 2025

Grey market premium

Unofficial and indicative — not a forecast

₹25

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
16 Sept 2025₹25+15.72%₹15,200₹184₹20,000
15 Sept 2025₹25+15.72%₹15,200₹184₹20,000
14 Sept 2025₹23+14.47%₹14,000₹182₹18,400

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
09 Sept 2025 – 11 Sept 2025
Listing date
16 Sept 2025
Face value
₹10 per share
Issue price
₹159 per share
Lot size
800 shares
Issue type
Book Building issue
Total issue size
₹59.3 Cr
Market cap at offer price
₹225 Cr
Promoter holding
72.17% → 51.78% pre-issue → post-issue
ISIN
INE0V8A01016
Registrar
Maashitla Securities Pvt.Ltd.
Lead managers
Seren Capital Pvt.Ltd.
Registered office
B-8 Ratnadeep Cosmopolitan Chs Ltd, 140-141 S.V.Road, Nr.Shoppers Stop, Andheri (West), Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB10,60,800
Market maker 1,88,000

Application size

Minimum 800 shares per lot, in multiples, at ₹159

ApplicationLotsSharesAmount
Retail (min)1800₹1,27,200
S-HNI (min)21,600₹2,54,400
S-HNI (max)75,600₹8,90,400
B-HNI (min)86,400₹10,17,600

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
10,60,800
Anchor portion
₹16.87 Cr
at ₹159 per share

Valuation and performance

Valuation at offer price

₹159 per share

MetricPre-issuePost-issue
EPS (₹)12.7510.01
P/E (×)12.4715.88
Price to book (×)2.92
Market cap₹225 Cr

Key performance indicators

Latest reported period

Return on net worth
23.45%
ROCE
24.63%
Debt / equity
1.30
PAT margin
5.19%
EBITDA margin
13.41%
NAV per share
₹54.47
Price to book
2.92

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.