Karamtara Engineering Shares Rally 26% in Debut Trade

Authored By PTI | Last Modified: Sep 17, 2026 12:38 PM IST

Open Free Demat Account

New Delhi: Shares of Karamtara Engineering, a manufacturer of engineering steel products for renewable energy and power transmission sectors, on Thursday listed with a premium of 26 per cent against the issue price of Rs 254.

The company’s stock made its market debut at Rs 320, registering a jump of 25.98 per cent from the issue price, on both the BSE and NSE.

It commanded a market valuation of Rs 11,326.55 crore.

Karamtara Engineering’s Rs 875-crore IPO got subscribed 62.63 times on the last day of share sale on Friday.

The IPO had a fresh issue of Rs 675 crore and an OFS of shares worth up to Rs 200 crore. The price band was fixed at Rs 241-254 per share.

Karamtara Engineering had collected Rs 262.50 crore from anchor investors.

Karamtara Engineering manufactures transmission line towers, solar structures and tracker components, wind energy structures, structural steel profiles and fasteners for domestic and overseas markets.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)

Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

Markets