
Carver Roboweld Limited IPO Details
BSE - SMEListed
SMEGMP TodayLive
₹2(+2.5%)
Est. Listing: ₹82
7-Day Trend
7 days ago: ₹1Latest: ₹2
Price Band₹76 - ₹80Lot: 1,600 Shares
Min Outlay₹1,21,600Retail Category
Closes On30 Oct 2026Bidding Deadline
Total Demand25.87xSubscription Book
Carver Roboweld Limited IPO DetailsCore Specs
IPO Bidding Dates | 28 Oct 2026 to 30 Oct 2026 |
Allotment Date | 02 Nov 2026 |
Listing Date | 04 Nov 2026 |
Issue Price Band | ₹76 - ₹80 |
Market Lot Size | 1,600 Shares |
Face Value | ₹10 per share |
Total Issue Size | 35,36,000 Shares (₹28.28 Cr) |
Fresh Issue | 35,36,000 Shares (₹28.28 Cr) |
Offer For Sale (OFS) | - |
Listing Exchange(s) | BSE |
Pre-Issue Shares | 95,66,805 |
Post-Issue Shares | 1,31,02,805 |
Market Maker Portion | 1,77,600 Shares |
Lot(s) Distribution
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,56,000 |
| sHNI (Min) | 3 | 4,800 | ₹3,84,000 |
| bHNI (Min) | 8 | 12,800 | ₹10,24,000 |
Company Financials (In Crores)
| Period Ended | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| Assets | 39.45 | 38.26 | 32.69 | 21.59 |
| Revenue | 7.71 | 27.12 | 24.97 | 21.67 |
| Net Worth | 17.62 | 16.13 | 4.56 | 3.11 |
| Borrowing | 12.27 | 15.65 | 22.32 | 13.39 |
| PAT | 1.49 | 3.48 | 1.45 | 1.01 |
| Reserves | 9.62 | 8.42 | 3.61 | 2.16 |
Key Performance Indicators (KPI)
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| ROCE (%) | 8.27 | 21.64 | 13.95 | 17.05 |
| RONW (%) | 8.48 | 21.57 | 31.80 | 32.52 |
| EPS (₹) | 1.56 | 3.78 | 1.69 | 1.18 |
| P/E Ratio | 17.54 | 21.98 | - | - |
About Carver Roboweld Limited
Carver Roboweld Limited, incorporated in August 2009, manufactures welding consumables such as metal cored wires, welding rods and gauging electrodes, while also supplying welding spare parts and accessories. The company has expanded into value-added engineering solutions for the forging industry, including forging die regeneration and welding robot rental services. Its primary manufacturing facility is located in Bamanbore, Rajkot, Gujarat, with additional service units in Pune, Hosur and Ludhiana, allowing it to serve customers across major industrial markets in India. As of July 11, 2026, the company had a combined installed production capacity of 650 tonnes per annum for metal cored wires and welding rods, with capacity growing at a compound annual growth rate (CAGR) of approximately 30% between Fiscal 2025 and Fiscal 2026. Through its subsidiary, Carver Engineering Private Limited, acquired in September 2025, the company also provides reconditioning and refurbishment services for plant and machinery across industries such as forging, casting, cement, steel, sugar, power, petroleum, automotive and fabrication. Its engineering capabilities include heavy-duty machining, structural fabrication, repair and refurbishment of hammers and components, and turnkey engineering projects. Carver Roboweld serves industrial customers across multiple Indian states through its welding consumables and engineering solutions. The company is ISO 9001:2015 certified and holds Sustaining Corporate Membership with the American Welding Society (AWS), demonstrating its focus on quality management and recognised welding standards. As of June 30, 2026, the company had 68 permanent employees and 75 contract workers.
Strengths & Growth Drivers
- Experienced Promoters & Management Team: The company’s promoters have nearly 16 years of experience in the welding industry, supported by a management team with technical, operational and business development expertise that has helped expand domestic operations.
- Strategically Located Manufacturing & Service Units: The company’s manufacturing facility in Bamanbore, Rajkot, is supported by service units in Pune, Ludhiana and Hosur, helping reduce transportation time and ensure timely deliveries.
- Wide Domestic Market Reach: The company serves customers across 14 states, including Karnataka, Maharashtra and Tamil Nadu, covering western, southern, northern and central India and supporting demand across different regions.
Risk Factors
- High Customer Concentration Risk: The top 10 customers contributed 86.73%, 80.78%, 84.77% and 73.34% of revenue for the period ended June 30, 2026, FY2026, FY2025 and FY2024, respectively. Losing major customers could negatively affect revenue and profitability.
- Raw Material Cost & Quality Risk: The company depends on a steady supply of quality raw materials to manufacture welding rods, gouging electrodes and metal cored wire. Raw material costs accounted for 91.45% of revenue for the period ended June 30, 2026, exposing profit margins to cost fluctuations.
- High Supplier Concentration Risk: The top 10 suppliers accounted for 90.82%, 92.43%, 94.26% and 87.15% of total purchases for the period ended June 30, 2026, FY2026, FY2025 and FY2024, respectively. Any disruption in these supplier relationships could affect business operations.
Company Promoters
- Ranjit Chandrabhai Bose
- Rajit Chandra Bose
- Deval Ranjitbhai Bose
Lead Manager(s)
Smart Horizon Capital Advisors Private Limited
Current GMP Today+₹2Live Unofficial Premium
Estimated Listing Price₹128002.00Cap Price (₹128000) + GMP (₹2)
Estimated Listing Gain+0.0%Expected ROI per Share
Carver Roboweld Limited Daily GMP Trend HistoryLive Daily Trend
| GMP Date | IPO Price | GMP (₹) | Est. Listing Price | Expected Gain (%) | Last Updated |
|---|---|---|---|---|---|
| 03 Nov 2026 | ₹80 | +₹2 | ₹82.00 | +2.5% | 07:33 AM |
| 30 Oct 2026 | ₹80 | +₹3 | ₹83.00 | +3.8% | 06:30 PM |
| 29 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 06:30 PM |
| 28 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 04:31 AM |
| 27 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 06:31 PM |
| 26 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 06:48 PM |
| 25 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 06:51 PM |
| 24 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 06:33 PM |
| 23 Oct 2026 | ₹80 | ₹0 | ₹80.00 | 0.0% | 06:37 PM |
| 22 Oct 2026 | ₹80 | ₹0 | ₹0.00 | 0.0% | 06:22 AM |
Subscription Details (No. of Shares)Live Demand Book
| Category | Shares Offered | Shares Applied | Subscription Demand |
|---|---|---|---|
| QIB | 6,68,800 | 1,76,09,600 | 0x |
| NIB | 5,12,000 | 2,08,59,200 | 0x |
| RETAIL | 11,80,800 | 2,26,36,800 | 0x |
| HNIs(10L +) | 3,40,800 | 1,63,23,200 | 0x |
| HNIs (2-10L) | 1,71,200 | 45,36,000 | 0x |
Day Wise Subscription Details
| Day | Date | QIB (x) | NII (x) | Retail (x) | Total (x) |
|---|---|---|---|---|---|
| Day 1 | - | 0x | 0x | 0x | 0x |
| Day 2 | - | 0x | 0x | 0x | 0x |
| Day 3 | - | 0x | 0x | 0x | 0x |
IPO Reservation Breakup
| Investor Category | Shares Offered | Allocation (%) |
|---|---|---|
| Anchor | 9,96,800 | 28.19% |
| QIB | 6,68,800 | 18.91% |
| HNI | 5,12,000 | 14.48% |
| RETAIL | 11,80,800 | 33.39% |
| Market Maker | 1,77,600 | 5.02% |
Official IPO Documents & Filings
Red Herring Prospectus (RHP)
Complete issue guidelines, risks, financials, and company profile.
Draft Red Herring (DRHP)
Initial draft submitted to SEBI before price discovery.
Carver Roboweld Limited IPO Review & FAQ
Everything you need to know about IPO GMP, Kostak, and listing expectations.
As of today, Carver Roboweld Limited IPO Grey Market Premium (GMP) is trading at ₹2 per share. With an issue cap price of ₹80, the expected listing price is ₹82 (+2.5% gain).
UPCOMING28 OCT
OPEN28 OCT
CLOSE30 OCT
LISTED04 NOV
Quick NavigationAuto-Synced
Issue Key Information
Allotment StatusPrice Band₹76 - ₹80
Issue Cap Price₹80
Market Lot Size1,600 Shares
Min Retail Outlay₹1,21,600
Total Issue Size₹28.28 Cr
Listing ExchangesBSE
RegistrarBigshare Services Private Limited
IPO Lot & Return Calculator
1 Lot(s)
Total Shares Applied:1600 shares
Required Investment (At Cap):₹1,28,000
Expected Listing Gain (@ GMP):+₹3,200
Estimated Portfolio Value:₹1,31,200