BSE List Price : ₹320.00

NSE List Price : ₹320.00

subscription

Category	Times
QIBs	168.19x
HNIs	51.17x
Retail	13.98x
Total : 66.01x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	59	₹14,986
Retail Maximum	13	767	₹194,818
S-HNI Minimum	14	826	₹209,804
S-HNI Maximum	66	3,894	₹989,076
B-HNI Minimum	67	3,953	₹1,004,062

About the Company

Karamtara Engineering is a backward-integrated manufacturer with established expertise in providing solutions for the renewable energy and transmission line industries. Its product portfolio includes solar mounting structures, such as fixed-tilt systems and trackers, solar energy fasteners, and transmission line products serving diverse sectors including solar, wind, transmission, automotive, and telecommunications.

According to the report, during Fiscal 2024 and the six months ended September 30, 2024, the company was among the largest manufacturers of solar mounting structures and tracker components based on installed capacity. The company has a strong global presence, with its products exported to more than 50 countries across North America, Europe, Asia, Africa, Australia, and Latin America.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹2427.12	₹2289.68	₹102.65	₹1844.56
2025	₹3165.36	₹2977.08	₹139.33	₹2762.59
2026	₹4316.36	₹4005.14	₹228.75	₹4142.24

Company Promoter

Tanveer SIngh

Rajiv Singh

Inderjeet Singh

Inderjeet Tanveer Singh Trust

Inderjeet Rajiv Singh Trust

Know before investing

• • Strengths

  Market Leadership in Solar Structures: The company is India’s largest integrated manufacturer of solar mounting structures and tracker components based on installed capacity. Its diversified product portfolio caters to solar, transmission, wind power, and industrial applications, allowing it to provide end-to-end solutions for renewable energy projects.

  Strong Global Customer Relationships: The company has established long-term relationships with global OEMs, EPCs, and IPPs, contributing to strong customer retention. Its status as an approved and trusted supplier to leading solar energy companies further strengthens its market position and provides greater revenue visibility.

• • Risks

  Dependence on Short-Term Customer Orders: The company generally does not have long-term purchase commitments from most of its customers and primarily relies on purchase orders and short-term, non-exclusive supply arrangements. Any difficulty in securing a consistent flow of new orders could negatively impact revenue visibility, cash flows, and financial performance.

  Regulatory and Environmental Compliance Risks: The company is subject to stringent environmental, health, and safety regulations. Failure to comply with existing or future regulatory requirements, permit conditions, or pollution control standards could result in penalties, enforcement actions, or higher compliance expenses, which may adversely affect its operations and profitability.

Objects of the Issue & Utilisation of proceeds

Funding prepayment, repayment and/ or payment obligations to lenders towards borrowings and Acceptances, in part or full.

General corporate purposes.

Company  Address

Karamtara Engineering Ltd.
705, Morya Landmark II,
New Link Road,
Andheri (West),
Mumbai, Maharashtra, 400053
Phone: +91 22 4071 0000
Email: investors@karamtara.com
Website: https://karamtara.com/

IPO Registrar

MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: karamtara.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html