Karamtara Engineering IPO Listing: Shares List At Over 25% Premium
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Karamtara Engineering shares listed at a premium of over 25% on the domestic stock exchanges. The issue was oversubscribed by 66.01 times overall and 13.98 times in the retail category.
Shares of Karamtara Engineering began trading on the domestic stock exchanges on a positive note. They listed at a premium of over 25%. The stock opened at ₹320 apiece on the Bombay Stock Exchange (BSE), a premium of 25.98%. On the National Stock Exchange (NSE), it opened at ₹320 apiece, translating into a premium of 25.98%. The issue price was ₹254 per share.
Karamtara Engineering IPO And Subscription Details
The ₹875-crore Karamtara Engineering initial public offering (IPO) opened for subscription on 9 September 2026 and closed on 11 September. The mainboard IPO received a good response from investors, with the overall subscription reaching 66.01 times.
The qualified institutional buyer (QIB) quota received the maximum subscription, with the reserved portion getting subscribed by over 168.9 times. The non-institutional investor (NII) category was subscribed by 51.17 times, whereas the retail portion was subscribed by 13.98 times (as per the exchange data).
The IPO comprised a fresh issue of 2.66 crore equity shares worth ₹675 crore and an offer for sale (OFS) of 78.74 lakh shares worth ₹200 crore.
About Karamtara Engineering
Karamtara Engineering Limited is engaged in the manufacturing of products used in the renewable energy and power transmission sectors. The company’s product portfolio comprises solar mounting structures, fixed-tilt structures, tracker components, fasteners and overhead transmission line hardware fittings. The company has recently set up a manufacturing facility to make tubular towers used in the wind energy segment.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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