Karamtara Engineering IPO Day 2 Subscription Status: Issue Subscribed3.80 Times

Authored By HDFC SKY | Published at: Sep 10, 2026 07:06 PM IST

Karamtara Engineering IPO Day 2 subscription reached 3.80x overall, with NII bids at 6.49x, Retail at 3.46x and QIB at 2.40x as of September 10, 2026.

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Mumbai, September 10: The Karamtara Engineering IPO continued to attract bids on the second day of the issue. The ₹875 crore IPO, which comprises a fresh issue of ₹675 crore and an offer for sale of ₹200 crore, opened for subscription on September 9 and will close on September 11, 2026. The price band has been fixed at ₹241 to ₹254 per share.

Karamtara Engineering IPO Day 2 Subscription Status

The Karamtara Engineering IPO was subscribed 3.80 times overall by 5:09:10 PM on September 10, 2026, based on the shares offered across investor categories.

The Non-Institutional Investors (NII) segment recorded the highest subscription at 6.49 times. The Retail category was subscribed 3.46 times, while Qualified Institutional Buyers (QIBs), excluding the anchor portion, subscribed 2.40 times.

Investor Category	Subscription
QIB	2.40x
NII/HNI	6.49x
Retail	3.46x
Total	3.80x

Category-wise Karamtara Engineering IPO Subscription Status

The NII segment saw strong bidding on Day 2, with both sub-categories recording subscription levels above the overall issue figure. The small NII segment, covering applications below ₹10 lakh, was subscribed 7.58 times, while the big NII segment, covering applications above ₹10 lakh, was subscribed 5.95 times.

Category	Day 2 Subscription
QIB, excluding anchor	2.40x
NII	6.49x
bNII, above ₹10 lakh	5.95x
sNII, below ₹10 lakh	7.58x
Retail	3.46x
Total	3.80x

Karamtara Engineering Day-Wise Subscription Summary

Subscription picked up across investor categories on the second day. The IPO had ended Day 1 with an overall subscription of 1.34 times. By 5:09:10 PM on September 10, the overall figure had risen to 3.80 times.

IPO Day	QIB	NII	Retail	Total
Day 1, September 9	1.26x	1.90x	1.13x	1.34x
Day 2, September 10	2.40x	6.49x	3.46x	3.80x

Karamtara Engineering IPO Timeline

IPO Event	Date
Issue Open Date	September 9 2026
Issue Close Date	September 11 2026
Basis of Allotment Date	September 15 2026
Initiation of Refunds	September 16 2026
Credit of Shares	September 16 2026
Listing Date	September 17 2026

Brief Overview Of The IPO

Karamtara Engineering is raising ₹875 crore through the IPO. The issue includes a fresh issue of shares worth ₹675 crore and an offer for sale worth ₹200 crore.

The price band is set at ₹241 to ₹254 per share, with the minimum lot size fixed at 59 shares. For retail investors, the minimum application at the upper end of the price band amounts to ₹14,986.

The company manufactures products used in renewable energy and power transmission applications. Its product portfolio includes solar module mounting structures, solar tracker components, lattice towers, fasteners, structural steel profiles and overhead transmission line hardware. The company has also commenced production of wind turbine towers.

JM Financial Ltd. is the lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the registrar. The IPO is scheduled to close on September 11 2026, with the shares proposed to list on September 17 2026.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=KARAMTARA&series=EQ&type=Active

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