Registered Office:
705 Morya Landmark II,New Link Road Andheri (W),
Mumbai
-
400053,
Maharashtra, India.
Phone : 91-22-4071 0000
Fax : NA
Initial public offer of 34,448,817 equity shares of face value of (Rs) 10 each ("Equity Shares") of Karamtara Engineering Limited ("Company") for cash at a price of (Rs) 254 per equity share (Including a Share Premium of (Rs) 244 per Equity Share) ("Offer Price") aggregating to (Rs) 875.00 Crores comprising a fresh issue of 26,574,803 equity shares of face value of (Rs) 10 each aggregating to (Rs) 675.00 Crores by the company ("Fresh Issue") and an offer for sale of 7,874,014 equity shares of face value of (Rs) 10 each aggregating to (Rs) 200.00 Crores ("Offered Shares") by the selling shareholders (as Defined Below), consisting of 3,937,007 equity shares of face value of (Rs) 10 each aggregating to (Rs) 100.00 Crores by Tanveer Singh and 3,937,007 equity shares of face value of (Rs) 10 each aggregating to (Rs) 100.00 Crores by Rajiv Singh (Collectively the "Promoter Selling Shareholders" / "Selling Shareholders", and such Equity Shares Offered by the Promoter Selling Shareholders, the "Offered Shares") ("Offer For Sale", and together with the fresh issue, the "Offer").
The company, in consultation with the brlms, may consider pre-ipo placement, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by its company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. the pre-ipo placement, if undertaken, shall not exceed 20 % of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if Undertaken).
Price Band: (Rs) 254 per equity share bearing face value of (Rs) 10 each.
The floor price is 25.40 times of the face value of the equity shares.
Bids can be made for a minimum of 59 equity shares of face value of (Rs) 10 each and in multiples of 59 equity shares of face value of (Rs) 10 each thereafter.
Opens On
Closes On
Application
Allotment
09-Sep-26
11-Sep-26
254.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
59
Further Multiples of :
59
(Rs.Cr)
Lead Managers to the Issue
Project Cost
628.39
ICICI Securities Ltd.
Project Financed through Current Offer
875.00
Post Issue Equity Share Capital
321.82