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KARBONSME / BSEListed
Karbonsteel Engineering

Incorporated in 2011, Karbonsteel Engineering Limited is an engineering solutions provider engaged in designing, manufacturing, and supplying high-quality products across diverse industries. The company delivers structural engineering and fabrication solutions for steel plants, railway bridges, oil and gas plants, refineries, and other sectors, playing a key role in the construction, expansion, and modernization of large-scale projects. It operates two manufacturing facilities located in Gujarat and Maharashtra with a combined production capacity of 32,400 MT per year, focusing on heavy steel structures, pre-engineered buildings (PEBs), and steel bridges. Its offerings include heavy steel fabricated structures for industrial and infrastructure projects, precision fabricated steel structures requiring high accuracy for specialized applications, steel bridge structures for railway and road projects, and customized pre-engineered buildings that provide cost-effective and efficient construction solutions. As of January 31, 2025, the company employed 349 people across its locations.

₹151 - ₹15976.67x sub
Listed Price₹185.10
Listing Gain+16.42%

IPO Schedule & Timeline

Bookbuilding IPO
Open09 Sep 2025
Close11 Sep 2025
Allotment12 Sep 2025
Listing16 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor10,60,800 shares
28.44%
QIB7,08,000 shares
18.98%
HNI5,32,800 shares
14.29%
Retail12,40,000 shares
33.25%
Market Maker1,88,000 shares
5.04%

Minimum Application Lots

Retail2 Lots (1,600 shares)
₹2,54,400
sHNI3 Lots (2,400 shares)
₹3,81,600
bHNI8 Lots (6,400 shares)
₹10,17,600

Company Promoters

Shrenik Kirit ShahMittal Shrenik Shah

Company Background

Incorporated in 2011, Karbonsteel Engineering Limited is an engineering solutions provider engaged in designing, manufacturing, and supplying high-quality products across diverse industries. The company delivers structural engineering and fabrication solutions for steel plants, railway bridges, oil and gas plants, refineries, and other sectors, playing a key...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹273.91 Cr
Growth+75.7%
Revenue Trend (₹ in Crores)
0.0105.0210.0315.0Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25273.9114.16232.7678.55
Mar-24218.779.42176.1459.83
Mar-23155.895.11143.7648.52

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2512.7827.19%24.63%12.4715.88
Mar-249.4225.99%22.93%00
Mar-235.1119.51%19.05%00

Peer Comparison & Valuation

Financial Performance

Karbonsteel Engineering Limited

NAV/Share (₹)NA
RONW(%)23.45
EPS (Basic) (₹)12.78

Atmastco Limited

NAV/Share (₹)NA
RONW(%)23.45
EPS (Basic) (₹)12.78

Goodluck India Limited

NAV/Share (₹)NA
RONW(%)12.63
EPS (Basic) (₹)50.66

Valuation

Karbonsteel Engineering Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)10.00

Atmastco Limited

P/E(X)31.28
CMP* (₹)243.95
Face value (₹)10.00

Goodluck India Limited

P/E(X)19.32
CMP* (₹)978.6
Face value (₹)2.00

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: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
12 Sep 2025
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
16 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

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

Check on Registrar Portal
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 Finalization12 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Sep 2025Trading commences on exchange

How to Check Karbonsteel Engineering Allotment Online

1Open Portal

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

2Select Company

Select Karbonsteel Engineering from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Karbonsteel Engineering IPO

Complete issue overview for Karbonsteel Engineering (KARBON) IPO. The issue features an equity share price band of ₹151 – ₹159 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,27,200). 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