Karbonsteel Engineering IPO GMP, Date, Price Band & Review

Karbonsteel Engineering IPO set to open on Sep 8, 2025 and closes on Sep 10, 2025 with the price band set at ₹151.00 to ₹159.00 per share and with face value of ₹10 per share. Karbonsteel Engineering IPO has an issue size of ₹59.30 crores through a mix of fresh issue of 0.30 crores shares aggregating to ₹48.33 crores and OFS of 0.07 crore shares aggregating to ₹10.97 crores.The lot size is 800 with category allocation of 5.04% for Market maker shares, 47.43% for QIB, 14.29% for NII and 33.25% for retail shares offered. As per the tentative listing dates, the basis of allotment will be made on Sep 11, 2025, refunds and credit to account on Sep 12, 2025 & listing on BSE SME on Sep 15, 2025.

Company Background

Karbonsteel Engineering Limited, registered in 2011 is a trusted engineering solutions provider specializing in the design, manufacturing and supply of high-quality fabricated products. With a strong focus on structural engineering and fabrication, the company serves a wide range of industries including steel plants, railway infrastructure, oil & gas and refineries. Karbonsteel supports the construction, expansion and modernization of large-scale industrial projects by delivering reliable and efficient engineering solutions.

Operations & Product Range

Karbonsteel Engineering Limited is a leading engineering solutions provider specializing in the design, fabrication and supply of high-quality steel structures. Operating two advanced manufacturing facilities in Umbergaon, Gujarat and Khopoli, Maharashtra, the company delivers over 3,500 MT of fabricated products monthly. Its diverse product range includes heavy structural components, precision-engineered plant structures, steel bridge elements, pre-engineered buildings (PEBs) and pipe fabrication services. The company has a total workforce of 349 employees across locations.

Facility & Production

Karbonsteel Engineering Limited operates two advanced steel-fabrication facilities, in Umbergaon, Gujarat and in Khopoli, Maharashtra. Equipped with advanced machinery including CNC plasma and oxy-fuel cutting, CNC drilling, robotic saw welding, FCAW and GMAW welding systems and rolling machines both units undertake a full spectrum of structural fabrication tasks Karbon Steel.

Brands & Market Presence

Karbonsteel Engineering Limited has grown its brand & market presence by aligning with high-profile infrastructure and industrial projects under the “Make in India” initiative. It has served major sectors such as steel, oil & gas, infrastructure and railways and has contributed to major projects like the Mumbai-Ahmedabad High-Speed Rail corridor, demonstrating its expertise in handling complex, large-scale fabrication assignments.

Revenue Channels

• Earns significantly from designing and manufacturing heavy structural components for industrial plants, refineries and infrastructure projects.
• Revenue is driven by the fabrication of large-scale steel bridge components, particularly for railway and highway infrastructure.
• The company earns through modular steel building solutions for warehouses, logistics hubs and industrial sheds.
• Income comes from high-tolerance, plant-specific components like process platforms, towers and equipment supports.
• Supplementary revenue is generated through precision-cut and welded pipe assemblies for the oil & gas, power and steel sectors.

Management & Shareholding

Promoters & shareholding

Karbonsteel Engineering IPO main promoters are Shrenik Kirit Shah, who serves as Managing Director and Mittal Shrenik Shah, the Whole-Time Director. All the current promoters hold 72.17% of the pre-IPO capital of the company together.

Board Members

The board of directors of Karbonsteel Engineering IPO has Shrenik Kirit Shah, Managing Director, Mittal Shrenik Shah, Whole-Time Director, Saurabh Bhansali, Non-Executive Director, Mihen Jyotindra Halani, Independent Director and Sunil Kathariya, Independent Director.