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Karamtara Engineering IPO Review

Karamtara Engineering IPO has been reviewed by 13 analysts, and the overall consensus is Strong Apply — carrying a score of 87. Out of the 13 analysts who have covered this IPO, 9 recommend subscribing while 4 advise caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹241-254 per share, with a minimum application size of 59 shares (minimum investment of approximately ₹14,986 at the upper band). Subscription ran from 09 Sep 2026 to 11 Sep 2026. The issue size is ₹875 crore, a mix of fresh issue and offer for sale. As of now, the grey market premium (GMP) for Karamtara Engineering IPO is quoting at ₹48 (18.90%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
87/ 100
Strong Apply 9 of 13 recommend subscribing
How analysts voted
Apply 9
May apply 1
Neutral 3
Not rated 2

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Karamtara Engineering is a backward-integrated manufacturer for the renewable energy and power transmission sectors, making solar structures, transmission line towers, fasteners and overhead transmission line hardware. FY26 income was ₹4,316.36 crore with profit rising from ₹139.33 crore to ₹228.75 crore. Both analysts covering it said subscribe.

Listing gains

The notes value the issue between about 32.4 and 35.7 times FY26 diluted earnings, against an industry peer average of 19.18 times. Analysts are explicit that this is a premium valuation, justified on market position and growth rather than on any discount, which points to a moderate listing.

Short-term strategy

Profit grew about 64 percent in FY26 with EBITDA reaching ₹498.11 crore. Assets rose sharply from ₹2,762.59 crore to ₹4,142.24 crore as capacity expanded. Analysts expect benefits from deleveraging to come through, so falling interest cost is the near-term item to watch.

Long-term strategy

The long-term case rests on rising investment in renewable energy, solar capacity and transmission infrastructure, with backward integration and a diversified product portfolio letting the company serve several parts of that build-out. The offsetting point analysts make themselves is that the premium multiple already assumes much of it.

How this is written: an AI-assisted summary of the 15 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Karamtara Engineering IPO?

The analyst consensus for Karamtara Engineering IPO tracked on this page is Strong Apply, with a score of 87/100. Out of 13 analysts who have reviewed this IPO, 9 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 87 mean for Karamtara Engineering IPO?

The score of 87 is an aggregate of all analyst ratings tracked for Karamtara Engineering IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

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% (₹66 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Karamtara Engineering IPO?

Karamtara Engineering IPO was priced at ₹241-254 per share. The minimum lot size is 59 shares, making the minimum investment approximately ₹14,986 at the upper end of the price band. Subscription ran from 09 Sep 2026 to 11 Sep 2026.

Explore Karamtara Engineering IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Karamtara Engineering IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
87 / 100
Listed at
₹320
Full IPO details