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CARRAROEQ / NSE, BSEListed
CARRARO INDIA

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 - ₹7041.18x sub
Listed Price₹651.00
Listing Gain-7.53%

IPO Schedule & Timeline

Bookbuilding IPO
Open20 Dec 2024
Close24 Dec 2024
Allotment26 Dec 2024
Listing30 Dec 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB35,51,138 shares
28.57%
HNI26,63,352 shares
21.43%
Retail62,14,489 shares
50%

Minimum Application Lots

Retail1 Lot (21 shares)
₹14,784
sHNI14 Lots (294 shares)
₹2,06,976
bHNI68 Lots (1,428 shares)
₹10,05,312

Company Promoters

Tomaso CarraroEnrico CarraroCarraro S.p.ACarraro International S.E

Company Background

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...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Period Ended )₹0 Cr
Growth-100.0%
Revenue Trend (₹ in Crores)
0.0692.71.4k2.1kMar-22Mar-23 Mar-24 Sep-24 Period Ended
PeriodRev (Cr)PAT (Cr)AssetsDebt
Period Ended RevenueProfit After Tax AssetsTotal Borrowing
Sep-24 923501093196
Mar-24 1807631073213
Mar-23 1733481072188
Mar-221520221012178

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-24 8.7512.60%13.13%040.24
Mar-24 1117.69%19.35%63.97 0
Mar-238.5215.39%16.30%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Dec 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
30 Dec 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for CARRARO INDIA. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Dec 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Dec 2024Trading commences on exchange

How to Check CARRARO INDIA Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select CARRARO INDIA from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About CARRARO INDIA IPO

Complete issue overview for CARRARO INDIA (CARRARO) IPO. The issue features an equity share price band of ₹668 – ₹704 per share with a minimum retail lot size of 21 Shares (minimum application amount of ₹14,784). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions