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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%

Subscription Status

1.18xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB2.33x
Fully Subscribed (Safe)Offered: 35,51,138 sh
Nib0.63x
Steady / DevelopingOffered: 26,63,352 sh
Hnis(10l +)0.45x
Steady / DevelopingOffered: 17,75,568 sh
Hnis (2-10l)1.01x
Fully Subscribed (Safe)Offered: 8,87,784 sh
Retail0.75x
Steady / DevelopingOffered: 62,14,489 sh
CategoryOfferedAppliedTimes
QIB35,51,13882,72,8242.33x
Nib26,63,35216,86,8250.63x
Hnis(10l +)17,75,5687,92,0990.45x
Hnis (2-10l)8,87,7848,94,7261.01x
Retail62,14,48946,59,1650.75x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB582.412502.33x
Retail328.01437.50.75x
Hnis 2+62.9962.51.01x
Hnis 10+55.761250.45x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
Retail2,95,9282,21,8650.75x
Hnis(10l +)6,0392,6940.45x
Hnis (2-10l)3,0203,0431.01x
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About CARRARO INDIA IPO Subscription Demand

Live subscription status and bidding analysis for CARRARO INDIA (CARRARO) IPO. The issue is subscribed 1.18x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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