Carraro India IPO

About the company

Incorporated in 1997, Carraro India Limited is a technology-driven supplier of complex engineering products and solutions, primarily serving the agricultural and construction vehicle sectors. The company operates as part of the Carraro Group, a global leader in transmission systems. The company operates two advanced manufacturing plants in Pune that manufacture drivelines and gears. As of September 30, 2024, the company had a client base of 38 customers in India. Some of its clients include Mahindra and Mahindra, Escorts Kubota Limited, John Deere India Private Limited, and Action Construction Limited. The company has long-term relationships with its clients, with an average of more than 15 years with its top 10 clients.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   20 Dec 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   24 Dec 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   26 Dec 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   27 Dec 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   27 Dec 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   30 Dec 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.