Karbonsteel Engineering Ltd IPO

LISTED

SME

NSE • Lot Size: 800 • Infrastructure Developers & Operators

Issue₹159

→

Listed₹185.1+16%

→

Now₹170+6.9%

↑6.9%

*Last updated on 11 Jan 2026

Price Band

₹151 - ₹159

Lot Size

800

Issue Size

₹59.3 Cr

GMP

N/A

Subscription

76.59x

Analyzing...

IPO Schedule

Open

9 Sept 2025

11 Sept 2025

Allotment

12 Sept 2025

Listing

16 Sept 2025

About Karbonsteel Engineering Ltd

Karbonsteel Engineering Ltd is an engineering company focused on providing comprehensive solutions in the steel industry. They specialize in manufacturing and supplying a range of steel products and related services.

Key Strengths

Strong Return on Equity (ROE) of 27.19% indicates efficient profitability and effective use of shareholder equity.
Relatively low Price-to-Earnings (P/E) ratio of 12.47 suggests the IPO is reasonably priced compared to earnings, potentially offering value to investors.
Focus on the steel industry, a sector crucial for infrastructure and manufacturing, positions the company in a market with consistent demand.
The SME segment allows for potentially higher growth rates compared to larger, more established companies.
Experience in providing 'comprehensive solutions' implies a diversified revenue stream and reduced reliance on single products or services.

Risk Factors

•SME IPOs are inherently riskier due to lower liquidity, higher volatility, and limited historical financial data compared to mainboard IPOs.
•The steel industry is cyclical and sensitive to economic fluctuations, potentially impacting revenue and profitability during downturns.
•Dependence on specific clients or projects could expose the company to concentration risk if a major client is lost or a project is delayed.

Valuation Analysis

Considering the ROE and P/E ratio, the IPO appears reasonably valued, however, investors should carefully assess the inherent risks associated with SME IPOs and the cyclical nature of the steel industry before investing.