Carraro India IPO

Listed Listed stocks

Carraro India IPO Details

  • Bidding Date

    20-Dec-2024 to
    24-Dec-2024

  • Issue Size

    ₹1250 Cr

  • Price Band

    ₹668 to ₹704

  • Allotment date

    26-Dec-2024

  • Listing date

    30-Dec-2024

  • Lot size

    21

  • No. of shares

    1,77,55,682

  • Fresh issue/OFS

    -- / ₹1250 Cr

About Carraro India Company

Established in 1997, Carraro India Ltd operates as a technology-driven integrated supplier, specializing in engineering products and solutions for OEM (Original Equipment Manufacturer) customers. It focuses on developing and manufacturing axles, transmission systems, gears, shafts, and ring gears primarily for off-highway vehicles in the agricultural tractor and construction vehicle industries. It supports the full value chain, including in-house product design and manufacturing capabilities. Additionally, the company has a robust research and development division that helps it develop customized products to meet the specific needs of its clients, making it more resilient to competition due to high customer switching costs. The company operates heavily in India but also has a strong export presence, particularly in the European Union, accounting for a significant share of exports.

Read our in-depth analysis of the Carraro India Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    2.2x

  • NIIs

    0.6x

  • Retail

    0.7x

  • Others

    --

  • Total

    1.1x

FAQs for Carraro India IPO.

The issue size of Carraro India is ₹1,250.00 Cr.

Carraro India falls into Machinery & Equipments industry.

The Carraro India IPO will be listed on both NSE and BSE.

The open and close dates for the Carraro India are 20-Dec-2024 & 24-Dec-2024.

The price band for the Carraro India ipo is ₹668 to ₹704

The listing date of Carraro India IPO is 30-Dec-2024.

The purpose of this IPO is to enable the existing shareholders to sell their stake.

Carraro India total subscription ratio is 1.1X.

Key financial of the Carraro India are:


Carraro India FY-24 FY-23 FY-22
Revenue (₹ Cr) 1788.97 1713.15 1497.54
EBIT (₹ Cr) 89.28 65.22 24.45
Proft after Tax (₹ Cr) 62.56 48.46 22.43
Debt (₹ Cr) 213.51 188.33 178.14
Net Worth (₹ Cr) 369.91 337.53 292.63
RoE (%) 16.91 14.36 7.66