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CARRAROEQ / NSE, BSEListed

CARRARO INDIA LIMITED

Incorporated in 1997, Carraro India Ltd designs, manufactures, and sells transmission systems—including axles, transmissions, and drives—for agricultural and construction equipment used in off-highway vehicles. The company also produces a wide range of gears for automotive, truck, agricultural, and construction sectors. It operates two advanced manufacturing plants in Pune: an 84,000 sq. meter driveline plant equipped for casting, machining, assembly, prototyping, testing, and painting, and a 78,000 sq. meter gear plant focused on machining and heat-treatment processes like carburizing, induction, hardening, and nitriding. Its portfolio includes axles and transmission systems for tractors, gears and transmissions for backhoe loaders, compact wheel loaders, and forklifts, as well as gears, shafts, and ring gears for industrial and automotive vehicles. Supported by a strong supply chain of 220 domestic and 58 international suppliers, the company has built deep expertise across India’s agricultural and construction sectors. As of September 30, 2024, its quality and after-sales team comprised 87 full-time and 53 temporary contractual employees.

₹668 - ₹7041.12x sub
Listed Price651.00
Listing Gain-7.53%
TimelineBookbuilding IPO
Open20 Dec 2024
Close24 Dec 2024
Allotment26 Dec 2024
Listing30 Dec 2024

Quota Reservation Portions

QIBPortion: 35,51,138 shares
28.57%
HNIPortion: 26,63,352 shares
21.43%
RetailPortion: 62,14,489 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 21 shares
₹14,784
sHNI14 lots / 294 shares
₹2,06,976
bHNI68 lots / 1,428 shares
₹10,05,312

About the Company

Incorporated in 1997, Carraro India Ltd designs, manufactures, and sells transmission systems—including axles, transmissions, and drives—for agricultural and construction equipment used in off-highway vehicles. The company also produces a wide range of gears for automotive, truck, agricultural, and construction sectors. It operates two advanced manufacturing plants in Pune: an 84,000 sq. meter driveline plant equipped for casting, machining, assembly, prototyping, testing, and painting, and a 78,000 sq. meter gear plant focused on machining and heat-treatment processes like carburizing, induction, hardening, and nitriding. Its portfolio includes axles and transmission systems for tractors, gears and transmissions for backhoe loaders, compact wheel loaders, and forklifts, as well as gears, shafts, and ring gears for industrial and automotive vehicles. Supported by a strong supply chain of 220 domestic and 58 international suppliers, the company has built deep expertise across India’s agricultural and construction sectors. As of September 30, 2024, its quality and after-sales team comprised 87 full-time and 53 temporary contractual employees.

Company Promoters

Tomaso CarraroEnrico CarraroCarraro S.p.ACarraro International S.E
CARRARO INDIA LIMITED IPO Details | GMP, Allotment & Financials | IPO Trending