Karamtara Engineering IPO fully subscribed on day 1 as investors showed strong interest in the company’s ₹875 crore public issue.
The IPO opened for subscription on September 9 and will remain open until September 11, 2026.
The IPO has a price band of ₹241 to ₹254 per share.
The minimum application requires 59 shares, making the minimum investment ₹14,986 at the upper price band.
Karamtara Engineering IPO Fully Subscribed on Day 1
The issue received demand from different investor categories during the first day of bidding.
Subscription levels across retail investors, non-institutional investors and qualified institutional buyers are being closely watched as the issue progresses.
The ₹875 crore IPO includes a fresh issue of up to ₹675 crore and an offer for sale of up to ₹200 crore.
The company has fixed September 11 as the closing date for the public issue.
Ahead of the IPO, Karamtara Engineering had also raised ₹262.50 crore from anchor investors.
The company allotted 1.03 crore shares to 15 anchor investors at ₹254 per share.
Retail, NII and QIB Demand
Retail investors have a separate portion reserved in the IPO, while qualified institutional buyers and non-institutional investors have their respective quotas.
The category-wise subscription figures can change throughout the bidding period.
Investors therefore need to check the latest exchange data before making any decision based on subscription numbers.
The strong opening comes at a time when several mainboard IPOs have opened together, making September 9 an unusually busy day in India’s primary market.
Karamtara Engineering IPO Price and Lot Size
The IPO price band is ₹241 to ₹254 per equity share, while the lot size is 59 shares.
At the upper end of the price band, one lot costs ₹14,986.
The IPO is scheduled to close on September 11.
The basis of allotment is expected to be finalised on September 15, followed by share credit and refunds around September 16.
When Will Karamtara Engineering Shares List?
Karamtara Engineering shares are expected to be listed on both the BSE and NSE on September 17, 2026.
The company’s IPO subscription numbers indicate investor demand, but subscription levels alone do not guarantee listing gains or future stock performance.
Investors should consider the company’s financials, valuation and risks before applying.
