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15 Days Price Change

Karbonsteel Engineer IPO

Closing In

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Profile
Issue Size 42.43 Cr
Profile
Price Range 151  to  159 per share
Profile
Min Investment ₹159
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are a structural engineering and fabrication company engaged primarily in the design, fabrication and assemblyof heavy and precision steel structures, customized to meet clients’ requirements across various industrial andinfrastructure segments. We have delivered structural engineering and fabrication solutions in diverse sectorsincluding steel plants, railway bridges, oil & gas plants, refineries, chemical plants and other industrial units. Ourfabricated structures form an integral part of the construction, expansion or modernization of industrial andinfrastructure projects, including industrial plants, high rise buildings, railway bridges and other large-scaledevelopments. Read More

Basic Info

Face Value 10 per share

Price 151  to  159 per share

P/E (x) 12.4

Sales( Cr.) 273

PAT( Cr.) 14

EPS 12.8

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Shrenik Kirit Shah Mittal Shrenik Shah

Pre Issue Share Holding 72.17%

Post Issue Share Holding 51.78%

Listing Details:

Listing Price: 185.1

Listing Gain: 14.1%

Current Price: 120

Gain On Issue: 120 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 09, 2025
Closing Date Sep 11, 2025
Allotment Sep 12, 2025
Refund Sep 15, 2025
Delivery of Shares Sep 15, 2025
Listing Date Sep 16, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 254,400
Retail (Max) -- -- --
S-HNI (Min) 1 1600 254,400
S-HNI (Max) 3 4800 763,200
B-HNI (Min) 4 6400 1,017,600

Objective of the Issue

1. Funding of capital expenditure towards expansion of existing Umbergaon facility through construction of new sheds 2. Repayment of a portion of certain borrowings availed by our Company 3. Utilization towards working capital requirements 4. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 708000 86098400 121.6x
NII 720800 46003200 63.8x
Retail 1240000 58102400 46.9x
EMP 0 0 0x
Total 2668800 190204000 71.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Karbonsteel Engineer Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 89 156 218 273
Other Income 0 0 0 1
Total Income 89 156 219 274
Total Expenditure 80 139 192 235
Operating Profit 10 17 27 39
Interest 5 9 12 16
Depreciation 2 2 2 3
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 3 7 13 19
Provision for Tax 1 2 3 5
Profit After Tax 2 5 9 14
Adjustments 0 0 0 0
Profit After Adjustments 2 5 9 14
Adjusted Earnings Per Share 1.9 5.1 8.8 12.8

Karbonsteel Engineer Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 24 29 44 60
Minority's Interest 0 0 0 0
Borrowings 15 22 19 16
Other Non-Current Liabilities 0 1 1 1
Total Current Liabilities 59 93 112 156
Total Liabilities 98 144 176 233
Fixed Assets 16 18 27 36
Other Non-Current Assets 1 2 8 6
Total Current Assets 81 123 141 191
Total Assets 98 144 176 233

Karbonsteel Engineer Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 5 13 9
Cash Flow from Operating Activities 14 13 6 5
Cash Flow from Investing Activities -2 -5 -16 -9
Cash Flow from Financing Activities -8 -0 6 6
Net Cash Inflow / Outflow 4 8 -4 1
Closing Cash & Cash Equivalent 5 13 9 11

Karbonsteel Engineer Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.9 5.11 8.75 12.75
CEPS(Rs) 3.5 6.86 10.94 15.54
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 23.65 28.76 40.67 54.38
Core EBITDA Margin(%) 9.15 9.99 10.37 12.09
EBIT Margin(%) 7.92 9.14 9.62 11.37
Pre Tax Margin(%) 2.64 4.01 4.92 6.13
PAT Margin (%) 1.89 3 3.65 4.54
Cash Profit Margin (%) 3.47 4.03 4.56 5.53
ROA(%) 1.94 4.23 5.89 6.93
ROE(%) 8.04 19.51 25.99 27.19
ROCE(%) 12.39 21.95 27.47 29.24
Receivable days 92.73 50.77 48.44 62.79
Inventory Days 177.5 141.11 115.25 112.44
Payable days 178.86 158.73 150.68 147.22
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.46 0.26 0.26 0.29
EV/Core EBITDA(x) 4.25 2.32 2.05 2.05
Net Sales Growth(%) 0 75.14 40.34 25.06
EBIT Growth(%) 0 94.83 59.83 42.73
PAT Growth(%) 0 168.92 84.55 50.23
EPS Growth(%) 0 168.92 71.23 45.73
Debt/Equity(x) 1.72 1.69 1.37 1.3
Current Ratio(x) 1.37 1.33 1.26 1.23
Quick Ratio(x) 0.54 0.44 0.54 0.51
Interest Cover(x) 1.5 1.78 2.04 2.17
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 25% 45% 0% 0%
Operating Profit CAGR 44% 57% 0% 0%
PAT CAGR 56% 91% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 27% 24% 20% 20%
ROCE Average 29% 26% 23% 23%

Company Contact Information

Karbonsteel Engineering Ltd.

Jankhana Vasanji Gala

+91-22-61872821

info@karbonsteel.com

B-8; Ratnadeep Cosmopolitan Chs Ltd 140-141 S. V. Road, Nr. Shoppers Stop Andheri (W)

IPO Lead Manager(s)

Karbonsteel Engineering Ltd.

Seren Capital Pvt Ltd.

Registrar Info

Karbonsteel Engineering Ltd.

Maashitla Securities Pvt Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi – 110034

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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