Markets / IPO / Karamtara Engineering

Karamtara Engineering IPO

Updated 17:43

Mainboard IPO on NSE and BSE · Heavy Electrical Equipment

Status

Listed

Price band

₹241–254

Lot size

59 shares · ₹14,986

Subscribed

62.63×

How it listed

Issue price

₹254

Listing price (open)

₹320.00 +25.98%

First-day close

₹352.00 +38.58%

Price now

₹375.70 +47.91%

Listing day	17 Sept 2026
Open / high / low / close	₹320.00 / ₹352.00 / ₹320.00 / ₹352.00
Shares traded on NSE	2,74,33,507
Market value at the listing-day close	₹10,289 cr

Closing prices since listing: 26 Oct ₹351.75, 27 Oct ₹347.15, 28 Oct ₹342.45, 29 Oct ₹349.25, 30 Oct ₹374.90, 2 Nov ₹374.60, 3 Nov ₹369.65, 4 Nov ₹383.00, 5 Nov ₹379.35, 6 Nov ₹378.70.

Karamtara Engineering share price, live chart and technicals →

Key dates

Bidding opens	9 Sept 2026
Bidding closes	11 Sept 2026
Allotment	15 Sept 2026
Refunds and shares in demat	16 Sept 2026
Listing	17 Sept 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	1,03,34,644	28.91%	–
Institutions (QIB)	72,61,410	20.31%	–
HNI / NII	54,46,058	15.23%	–
HNI, above ₹10 lakh	36,30,706	10.16%	918
HNI, ₹2–10 lakh	18,15,352	5.08%	2,197
Retail	1,27,07,469	35.55%	2,15,380

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	59	₹14,986
Retail (maximum)	13	767	₹1,94,818
Small HNI (minimum)	14	826	₹2,09,804
Small HNI (maximum)	66	3,894	₹9,89,076
Big HNI (minimum)	67	3,953	₹10,04,062

At ₹254 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 13

Retail allotments available

2,15,380 × one lot

Retail portion subscribed

13.26×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	72,61,410	1,15,88,19,885	159.59×
HNI / NII	54,46,058	26,43,90,092	48.55×
HNI, above ₹10 lakh	36,30,706	18,54,52,635	51.08×
HNI, ₹2–10 lakh	18,15,352	7,89,37,457	43.48×
Retail	1,27,07,469	16,85,41,288	13.26×
Total	2,54,14,937	1,59,17,51,265	62.63×

NSE and BSE bids together, as of 11 Sept 2026 19:00.

Demand at each price

Top price ₹254	14,445.92 lakh shares	90.7%
Cut-off final price, whatever it is; mostly retail	1,481.13 lakh shares	9.3%
Lower prices ₹241–253	3.23 lakh shares	0.0%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	8 Sept 2026
Anchor shares	1,03,34,644
Raised from anchors	₹262.50 cr
Lock-in ends for the first 50% (30 days)	14 Oct 2026
Lock-in ends for the remaining 50% (90 days)	13 Dec 2026 (in 37 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹7,424 cr	₹10,982 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Heavy Electrical Equipment

Company	Listed	Subscribed	On listing	Since IPO
Kanohar Electricals	16 Sept	90.59×	+8.47%	+57.02%
Anawil Wire and Engineering SME	10 Aug	–	+22.09%	+36.11%
Powerica	2 Apr	1.45×	-7.34%	+18.89%
Avana Electrosystems SME	20 Jan	–	+31.36%	+141.10%
Atlanta Electricals	29 Sept	70.63×	+13.66%	+93.91%
Quality Power Electrical Equipments	24 Feb	1.29×	+1.18%	+220.82%
Transrail Lighting	27 Dec	80.80×	+36.57%	+1.93%

IPO details

Price band	₹241–254
Final issue price	₹254
Lot size	59 shares
Minimum investment	₹14,986 (1 lot)
Market	NSE mainboard
Issue type	Book Building
Face value	₹10 per Equity Share
Industry	Heavy Electrical Equipment
Issue size	₹875.00 crore (about 3.44 crore shares) · Fresh issue + offer for sale: fresh ₹675.00 cr, offer for sale ₹200.00 cr
ISIN	INE590T01012
Registrar	MUFG Intime India Private Limited Helpline: +91 810 811 4949, karamtara.ipo@in.mpms.mufg.com
Lead managers	JM Financial Limited, ICICI Securities Limited and IIFL Capital Services Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 15 Sept 2026. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Karamtara Engineering IPO price band and lot size?

The price band is ₹241–254 per share, and one lot is 59 shares (₹14,986 at the upper price).

When is the Karamtara Engineering IPO allotment date?

Allotment was finalised on 15 Sept 2026, the next working day after bidding closed on 11 Sept 2026.

How many times was the Karamtara Engineering IPO subscribed?

In total 62.63 times, on NSE and BSE together; retail 13.26 times.

What is the Karamtara Engineering IPO listing date?

It listed on 17 Sept 2026 on NSE and BSE.

What is the chance of getting Karamtara Engineering IPO shares?

At least 1 in 13 retail applicants got the minimum lot: 2,15,380 retail allotments with the retail portion subscribed 13.26 times. Winners are picked by lottery.

When does the Karamtara Engineering anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 14 Oct 2026 and the 90-day lock-in on the rest ends on 13 Dec 2026; they can sell from the next trading day.

What was the Karamtara Engineering listing gain?

It opened at ₹320.00 against an issue price of ₹254, a gain of 25.98%. It is now up 47.91% from the issue price.