MUMBAI / NEW DELHI, SEPTEMBER 15, 2026 — The basis of allotment for the ₹875-crore initial public offering (IPO) of Karamtara Engineering Limited has been officially finalized today, Tuesday, September 15, 2026, following robust institutional and non-institutional subscription during the public bidding window.
The issue, which closed for public subscription on Friday, September 11, 2026, witnessed strong demand across investor categories. Successful applicants will see equity shares credited to their demat accounts by Wednesday, September 16, while unallotted applicants will receive their application refunds or ASBA unfreeze on the same day. The equity shares are tentatively scheduled to make their Dalal Street debut on Thursday, September 17, 2026, on both the BSE and NSE.
Karamtara Engineering IPO: Official Timeline & Milestones
| Key Event / Milestone | Verified Calendar Date |
|---|---|
| IPO Bidding Opened | Wednesday, September 9, 2026 |
| IPO Bidding Closed | Friday, September 11, 2026 |
| Basis of Allotment Finalization | Tuesday, September 15, 2026 |
| Refunds & ASBA Unblock Initiation | Wednesday, September 16, 2026 |
| Credit of Equity Shares to Demat | Wednesday, September 16, 2026 |
| Tentative Listing Date on BSE & NSE | Thursday, September 17, 2026 |
Key Issue Parameters & Capital Structure
| Parameter | Verified Detail |
|---|---|
| Price Band | ₹241 to ₹254 per equity share |
| Bid Lot Size | 59 Equity Shares |
| Minimum Retail Application | ₹14,986 (1 Lot) |
| Total Issue Size | ₹875.00 Crore |
| Fresh Issue Component | ₹675.00 Crore |
| Offer for Sale (OFS) | ₹200.00 Crore |
| Official Registrar | MUFG Intime India Pvt. Ltd. (Link Intime) |
| Listing Exchanges | BSE and NSE |
How to Check Karamtara Engineering IPO Allotment Status Online
Applicants can verify their allotment status through two primary authenticated channels:
Method 1: Official Registrar (Link Intime India)
- Navigate to the official portal of MUFG Intime India (Link Intime) at
linkintime.co.in/initial_offer/public-issues.html. - Under the ‘Company Selection’ dropdown, choose Karamtara Engineering Limited.
- Select your preferred identification mode: PAN Number, Application Number, or DP Client ID.
- Enter the captcha security code and click Submit to retrieve your allotted share count and refund details.
Method 2: BSE Official Portal
- Visit the BSE Allotment page at
bseindia.com/investors/appli_check.aspx. - Select Equity as the Issue Type.
- Select Karamtara Engineering Limited from the dropdown menu.
- Input your Application Number and permanent PAN number, then click Search.
Business Overview & Strategic Positioning
Karamtara Engineering is an established Indian infrastructure player engaged in the design, manufacturing, and supply of transmission towers, structural steel profiles, hardware fittings, fasteners, and solar module mounting structures (MMS). Operating modern manufacturing facilities across Maharashtra and Gujarat, the company serves leading domestic power transmission utilities as well as international EPC contractors across Europe, the Americas, and Africa.