Carver Roboweld IPO Subscribed 25.80 Times on Final Day

Authored By HDFC SKY | Published at: Oct 30, 2026 05:28 PM IST

Carver Roboweld IPO closed with an overall subscription of 25.80 times on October 30, 2026. Non-institutional investors led the demand at 40.39 times, followed by QIBs at 26.33 times and retail investors at 19.17 times.

Carver Roboweld IPO Subscribed 25.80 Times on Final Day

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Mumbai, October 30: The Carver Roboweld IPO closed with an overall subscription of 25.80 times on Friday, October 30, 2026, according to subscription data recorded at 5:04 PM on the final bidding day. The ₹28.29 crore book-built issue received bids for 6,09,28,000 shares against 23,61,600 shares offered to the public.

Carver Roboweld IPO Subscription Status

The non-institutional investor (NII) category led the subscription at 40.39 times, while the qualified institutional buyer (QIB) category, excluding anchor investors, was subscribed 26.33 times. The retail individual investor category received bids for 19.17 times its allocated shares.

Within the NII segment, applications above ₹10 lakh were subscribed 47.38 times, while applications below ₹10 lakh were subscribed 26.50 times.

Day-Wise Subscription Trend

Bidding Day	QIB (Ex-Anchor)	NII	Retail	Total
Day 1 – Oct 28	0.00x	0.69x	0.21x	0.25x
Day 2 – Oct 29	0.00x	2.31x	0.65x	0.83x
Day 3 – Oct 30	26.33x	40.39x	19.17x	25.80x

Carver Roboweld IPO Details

Carver Roboweld’s IPO was entirely a fresh issue of 35.36 lakh shares worth ₹28.29 crore. The price band was ₹76–₹80 per share, and the lot size was 1,600 shares, requiring a minimum retail investment of ₹2,56,000 at the upper price band.

The company raised ₹7.97 crore from anchor investors ahead of the public issue.

Key IPO Dates

IPO opening date: October 28, 2026

IPO closing date: October 30, 2026

Tentative allotment date: November 2, 2026

Refund initiation: November 2, 2026

Share credit: November 3, 2026

Tentative listing date: November 4, 2026, on the BSE SME platform

About Carver Roboweld Ltd.

Incorporated in August 2009, Carver Roboweld manufactures welding consumables, including metal-cored wires, welding rods and gauging electrodes. It also supplies welding spare parts and provides engineering solutions for industrial customers.

Conclusion

Carver Roboweld IPO ended its three-day bidding period with a 25.80-times subscription, supported by strong demand across all investor categories, particularly NIIs. The next key event for applicants is the expected allotment on November 2, 2026.

Source

https://www.bseindia.com/markets/publicIssues/DisplayIPOid=4909&type=IPO&idtype=1&status=L&IPONo=8063&startdt=28%2F10%2F2026

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