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Listing
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Issue Size
[.] shares (agg. up to ₹1,750 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 2,191.44 | 1,844.56 | 1,536.90 | 1,544.05 |
| Total Income | 1,414.31 | 2,427.12 | 1,601.07 | 1,246.68 |
| Profit After Tax | 58.99 | 102.65 | 42.36 | 12.65 |
| NET Worth | 588.46 | 552.92 | 450.20 | 408.85 |
| Reserves and Surplus | 582.77 | 547.14 | 444.49 | 402.13 |
| Total Borrowing | 538.53 | 508.51 | 327.36 | 427.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd. | Mainboard | ₹3,079.88 Cr | ₹1053 | 634.34 | ₹867.50 | -17.62% | ₹1,456.90 (+1.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full | 1,050.00 |
| 2 | General corporate purposes | |
| Total | 1,050.00 |
About Karamtara Engineering IPO
Incorporated in 1996, Karamtara Engineering Limited is engaged in the business of manufacturing Products for renewable energy and transmission lines. The company offers a diverse product portfolio, serving as a one-stop shop for solar structures (fixed-tilt and trackers), fasteners for solar energy and transmission sectors, and overhead transmission line hardware fittings. The company is entering the wind energy sector by setting up a manufacturing facility for tubular towers for wind turbines, with operations expected to begin in the first quarter of Fiscal 2026. As of September 30, 2024, the company has a global presence, exporting to over 50 countries across North America, Europe, Asia, Africa, Australia, and Latin America, with a broad geographical footprint and delivery model. The company focuses on backward integration with in-house galvanizing facilities, the largest in India's solar energy sector (258,000 MTPA), and rolling mill furnaces, providing competitive advantages in the supply chain, time efficiency, and cost. In Fiscal 2022-2024 and the six months ended September 30, 2024, the company served 24-51 customers, mainly OEMs, EPCs, and IPPs, including repeat business fr
Contact Details
Karamtara Engineering Ltd. Address705, Morya Landmark II,New Link Road,Andheri (West),Mumbai, Maharashtra, 400053+91 22 4071 0000investors@karamtara.comVisit Website