Archive · 3 Sep 2025
Karbonsteel Engineering IPO Opens September 8 on BSE SME
Karbonsteel Engineering, a company that designs and builds steel structures, is planning to sell shares to the public to raise money.
They aim to get ₹59.30 crore by offering shares on the BSE SME exchange.
This money will be used to make their factory bigger, pay off some of their debt, and help with day-to-day operations.
The company makes steel structures for things like steel plants, bridges, and oil facilities.
The boss says this will make the company better at what they do and help them grow.
The lead manager is Seren Capital, and Maashitla Securities is the registrar.
Karbonsteel Engineering Limited plans an IPO on the BSE SME exchange.
The company aims to raise ₹59.30 crore through the issuance of equity shares.
The price band for the shares is set between ₹151 and ₹159.
Funds from the IPO will support facility expansion, debt reduction, and working capital.
The anchor portion opens on September 4, 2025 and the issue will close on September 10, 2025.
- Who
- Karbonsteel Engineering Limited
- What
- Plans to open its IPO to raise ₹59.30 crore.
- When
- Opens September 8, 2025; Anchor portion opens September 4, 2025.
- Where
- BSE SME platform.
- Why
- To fund capital expenditure, reduce debt, meet working capital needs and for general corporate purposes.
- Company
- Karbonsteel Engineering Limited
- IPO Amount
- ₹59.30 Crores (at upper price band)
- Exchange
- BSE SME
- Share Price
- ₹151 – ₹159
- Opening Date
- September 8, 2025
- Closing Date
- September 10, 2025
- Lead Manager
- Seren Capital Private Limited
- Registrar
- Maashitla Securities Private Limited