Karbonsteel Engineering IPO

About the company

Karbonsteel Engineering is a structural engineering and fabrication company engaged in designing, fabricating, and assembling heavy and precision steel structures for industrial plants, infrastructure, and railways. In FY25, heavy steel fabricated structures contributed 68.85% of overall revenue, precision structures 27%, and steel bridge structures 3.34%. The company operates two facilities, with capacity utilisation at 95.23% in Umbergaon and 67.46% in Khopoli. The total order book of the company rose from ₹64.8 crore in FY23 to ₹198.9 crore in FY25, growing at a CAGR of over 45%. Some of the key clients of the company include Arcelor Mittal Nippon Steel India, Tata Projects, John Cockerill India, and JSW Severfield Structures.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   09 Sept 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   11 Sept 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   12 Sept 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   15 Sept 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   15 Sept 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   16 Sept 2025

   Shares list on NSE / BSE

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