Karamtara Engineering IPO GMP History
Karamtara Engineering IPO has been listed on September 17, 2026 at a listing price of ₹320, against the issue price of ₹254 — a gain of ₹66 (+25.98%). The GMP peaked at ₹75 on 9 September 2026 and reached a low of ₹40 on 4 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Karamtara Engineering IPO raised ₹875 Cr. through its IPO at a price band of ₹241 to ₹254 per share, with a lot size of 59 shares. The IPO was open for subscription from 09 Sep 2026 to 11 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 17 Sep, 6:31 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 17 Sep 2026 | ₹ 48 | — | 18.90% | — | — |
| 16 Sep 2026 | ₹ 48 | ▼ | 18.90% | — | — |
| 15 Sep 2026 | ₹ 57 | ▼ | 22.44% | — | — |
| 14 Sep 2026 | ₹ 71 | — | 27.95% | — | — |
| 13 Sep 2026 | ₹ 71 | ▲ | 27.95% | — | — |
| 12 Sep 2026 | ₹ 69 | ▲ | 27.17% | — | — |
| 11 Sep 2026 | ₹ 67 | ▼ | 26.38% | — | — |
| 10 Sep 2026 | ₹ 69 | ▼ | 27.17% | — | — |
| 09 Sep 2026 | ₹ 75 | ▲ | 29.53% | — | — |
| 08 Sep 2026 | ₹ 68 | ▲ | 26.77% | — | — |
| 07 Sep 2026 | ₹ 58 | ▲ | 22.83% | — | — |
| 06 Sep 2026 | ₹ 55 | — | 21.65% | — | — |
| 05 Sep 2026 | ₹ 55 | ▲ | 21.65% | — | — |
| 04 Sep 2026 | ₹ 40 | — | 15.75% | — | — |
Karamtara Engineering IPO dates
Key dates from opening to listing. Today is 20 October.
- Open 09 Sep 2026
- Close 11 Sep 2026
- Allotment 15 Sep 2026
- Refund/credit 16 Sep 2026
- Listing 17 Sep 2026
Karamtara Engineering IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹254 |
|---|---|
| GMP-based estimate (pre-listing) | ₹302 (+18.9%) |
| Listing gain / loss | +₹66 per share |
| Listing date | 17 Sep, 2026 |
| Actual listing price | ₹320 (+25.98%) |
Is Karamtara Engineering IPO GMP reliable?
Grey market premium for Karamtara Engineering IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Karamtara Engineering IPO full review for a fundamentals-based assessment before making any grey market trades.
Karamtara Engineering IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Karamtara Engineering IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Karamtara Engineering IPO
Karamtara Engineering Limited was started in 1996. It manufactures products used in renewable energy and in power transmission lines, and positions itself as a one stop shop for these needs.
Its main products are solar mounting structures, both fixed tilt structures and tracker components, fasteners such as bolts and nuts for the solar, wind, transmission, automobile and telecom industries, and hardware fittings for overhead transmission lines. It also makes lattice towers for transmission lines with capability up to 1,200 kV, and had supplied more than 0.5 million tonnes of towers globally as on 30 September 2024. It is now entering the wind energy sector by setting up a plant for tubular towers used in wind turbines.
The company has put a lot into backward integration. It runs its own galvanizing facilities, which it says are the largest in India's solar energy sector at 258,000 tonnes a year, along with rolling mill furnaces. Doing this in house helps it control cost and delivery time rather than depending on outside job workers. As on 31 March 2026 it exported to more than 50 countries across North America, Europe, Asia, Africa, Australia and Latin America. It served 48 solar customers in FY2024, 73 in FY2025 and 65 in FY2026.
Frequently asked
What is the GMP of Karamtara Engineering IPO?
The current Grey Market Premium (GMP) of Karamtara Engineering IPO is ₹ 48.
What is the Kostak Price of Karamtara Engineering IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Karamtara Engineering IPO is not available.
What is the Subject to Sauda Price of Karamtara Engineering IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Karamtara Engineering IPO?
Karamtara Engineering IPO listed on September 17, 2026 at ₹320, against the issue price of ₹254 — a gain of +25.98%.
How did the GMP of Karamtara Engineering IPO trend before listing?
The GMP of Karamtara Engineering IPO was stable in its final days before listing. The GMP peaked at ₹75 on 9 September 2026. View the day-wise table above for the complete GMP history.
Explore Karamtara Engineering IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
