Support

Karbonsteel Engineering Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Karbonsteel Engineering Ltd IPO

Registered Office: B-8 Ratnadeep Cosmopolitan Chs,140-141 S.V.Road Andheri West , Mumbai - 400058 , Maharashtra , India.
Phone : +91 22 6187 2821   Fax:
Email :  info@karbonsteel.com  
Website :  https://www.karbonsteel.com/
Initial public offer of upto 37,29,600 equity shares of face value of (Rs)10/- each (the "equity shares") of Karbonsteel Engineering Limited ("the company" or "KEL" or "the issuer") at an offer price of (Rs)159/- per equity share for cash, aggregating up to (Rs)59.30 crores ("public offer") comprising of a fresh issue of upto 30,39,600 equity shares aggregating to (Rs)48.33 crores (the "fresh issue") and an offer for sale of upto 6,90,000 equity shares by the promoter selling shareholders, Shrenik Kirit Shah and Mittal Shrenik Shah ("offer for sale") aggregating to (Rs)10.97 crores, (Hereinafter refferd as "promoter selling shareholders") out of which 1,88,000 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)159/- per equity share for cash, aggregating (Rs)2.99 crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. offer of 35,41,600 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)159/- per equity share for cash, aggregating (Rs)56.31 crores is herein after referred to as the "net offer". The public offer and net offer will constitute 26.37% and 25.04% respectively of the post-offer paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-25 11-Sep-25 (Rs)159.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 44.92
Seren Capital Pvt Ltd
Project Financed through Current Offer 59.30  
Post Issue Equity Share Capital 14.14  
Issue Price (Rs)159.00  
 
Projects
Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new shedsTo meet the working capital requirements
Repayment of a portion of certain borrowings availed by the companyGeneral corporate purpose
Promoted By
Shrenik Kirit Shah  
Mittal Shrenik Shah  
Smitaben Kirit Shah  
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd