Karbonsteel Engineering IPO Date, Review, Price, Details
Karbonsteel Engineering Limited will open its IPO on September 8, 2025, and the issue will close on September 10, 2025. The public offer is being launched as a Book Built Issue, through which the company aims to raise approximately ₹59.30 crores. This includes a fresh issue worth ₹48.33 crores along with an offer for sale of up to 6,90,000 equity shares, each having a face value of ₹10.
The price band for the IPO has been set at ₹151 to ₹159 per share. Of the total issue size, 50% is reserved for QIBs, 15% for HNIs, and 35% for retail investors. The proposed listing is on the BSE SME platform with a tentative listing date of September 15, 2025, while the basis of allotment is expected on September 11, 2025.
From a financial perspective, the company posted revenues of ₹273.91 crores in FY 2025, compared with ₹218.77 crores in FY 2024. Net profit also improved, rising to ₹14.16 crores in FY 2025 from ₹9.42 crores in FY 2024. Considering these growth trends, the IPO appears more favorable for long-term investors.

Karbonsteel Engineering IPO Market Lot Size
The Karbonsteel Engineering IPO minimum market lot is 1,600 shares with ₹2,54,400 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 2 | 1,600 | ₹2,54,400 |
Retail Maximum | 2 | 1,600 | ₹2,54,400 |
S-HNI Minimum | 3 | 2,400 | ₹3,81,600 |
S-HNI Maximum | 7 | 5,600 | ₹8,90,400 |
B-HNI Minimum | 8 | 6,400 | ₹10,17,600 |
Karbonsteel Engineering IPO Details
IPO Open Date: | September 8, 2025 |
IPO Close Date: | September 10, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹151 to ₹159 Per Share |
Issue Size: | Approx ₹59.30 Crores |
Fresh Issue: | Approx ₹48.33 Crores |
Offer for Sale: | Approx 6,90,000 Equity Shares |
Lot Size: | 800 Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Karbonsteel Engineering IPO Valuation – FY2025 (KPI)
Check Karbonsteel Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 27.19% |
ROCE: | 24.63% |
EBITDA Margin: | 13.41% |
PAT Margin: | 5.19% |
Debt to equity ratio: | 1.30 |
Earning Per Share (EPS): | ₹12.78 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 23.45% |
Net Asset Value (NAV): | ₹54.47 |
Karbonsteel Engineering IPO Company Financial Report
The company reported revenue of ₹273.91 crores in 2025 against ₹218.77 crores in 2024. The company reported profit of ₹14.16 crores in 2025 against profit of ₹9.42 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹155.89 | ₹149.08 | ₹5.11 | ₹143.76 |
2024 | ₹218.77 | ₹206.08 | ₹9.42 | ₹176.14 |
2025 | ₹273.91 | ₹254.80 | ₹14.16 | ₹232.76 |
Karbonsteel Engineering IPO Dates
The Karbonsteel Engineering IPO opens on September 8, 2025, and closes on September 10, 2025. The allotment of shares is scheduled for September 11, 2025, with the listing date fixed for September 15, 2025.
IPO Open Date: | September 8, 2025 |
IPO Close Date: | September 10, 2025 |
Basis of Allotment: | September 11, 2025 |
Refunds: | September 12, 2025 |
Credit to Demat Account: | September 12, 2025 |
IPO Listing Date: | September 15, 2025 |
Promoters of Karbonsteel Engineering IPO
The promoters of the company are Shrenik Kirit Shah and Mittal Shrenik Shah.
About Karbonsteel Engineering IPO
Incorporated in 2011, Karbonsteel Engineering Limited has established itself as a trusted provider of comprehensive engineering solutions. The company specializes in the design, fabrication, and supply of high-quality structures serving a wide range of industries. Its offerings include heavy steel fabricated structures, precision-engineered steel components, steel bridge structures, and pre-engineered buildings (PEBs).
The company operates two manufacturing facilities located in Gujarat and Maharashtra, with a combined annual production capacity of approximately 32,400 metric tons for heavy steel structures, PEBs, and bridge systems.
Within its PEB division, the product scope covers built-up structural members, steel columns, rafters, crane beams, purlins, pipe racks, staircases, handrails, checker plates, and roof gutters, customized as per project requirements.
Karbonsteel’s strengths lie in its ability to execute large-scale industrial and infrastructure projects, supported by a robust order book and a reputation for quality and reliability.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Atmastco Limited | 7.80 | 31.28 | 15.15% | 64.14 | 289.57 Cr. |
Goodluck India Limited | 50.66 | 19.32 | 12.63% | 461.17* | 3935.89 Cr. |
Objects of the IPO
- Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds
- Repayment of a portion of certain borrowings availed by the Company
- To meet the Working Capital requirements
- General Corporate Purpose
Merchant Bankers
- Seren Capital Pvt.Ltd.
Company Address
Karbonsteel Engineering Ltd.
B-8 Ratnadeep Cosmopolitan Chs Ltd,
140-141 S.V. Road, Nr. Shoppers Stop, Andheri (W),
Mumbai, 400058
Mumbai, Maharashtra, 400058
Phone: +91-22- 61872821
Email: [email protected]
Website: https://www.karbonsteel.com/
Karbonsteel Engineering IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
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