Carver Roboweld IPO
Grey Market Premium (GMP)
Last updated: 22 Oct 2026, 11:10 am IST
GMP is an unofficial figure from grey market dealers and is not a guarantee of listing price.
Subscription Status
Subscription data appears once bidding opens.
IPO Details
- Open Date
- 28 Oct 2026
- Close Date
- 30 Oct 2026
- Listing Date
- 4 Nov 2026
- Face Value
- ₹10
- Fresh Issue
- ₹0 Cr
- OFS
- ₹0 Cr
- Listing On
- BSE
- Registrar
- —
The fresh issue is money for the company; the OFS goes to selling shareholders. Fresh issue vs offer for sale, explained
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 9,96,800 | 29.68% |
| QIB (ex-anchor) | 6,68,800 | 19.91% |
| NII | 5,12,000 | 15.25% |
| — sNII (< ₹10L) | 1,71,200 | 5.1% |
| — bNII (> ₹10L) | 3,40,800 | 10.15% |
| Retail | 11,80,800 | 35.16% |
| Total | 33,58,400 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 21.67 | 1.01 | 4.12 | 3.11 | 21.59 | 13.39 | — |
| FY 2025 | 24.97 | 1.45 | 4.92 | 4.56 | 32.69 | 22.32 | — |
| FY 2026 | 27.12 | 3.48 | 8.36 | 16.13 | 38.26 | 15.65 | — |
| Jun 2026 (interim) | 7.71 | 1.49 | 2.84 | 17.62 | 39.45 | 12.27 | 3.64 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March. Interim periods cover part of a year and are not comparable to the full-year rows.
KPIs & Valuation
- RoNW
- 8.48%
- RoE
- 8.48%
- RoCE
- 8.27%
- Debt / Equity
- 0.7
- EPS (pre-issue)
- ₹3.64
- EPS (post-issue)
- ₹2.65
- EBITDA Margin
- 36.9%
- PAT Margin
- 19.37%
- NAV / share
- ₹18.42
As of 30 Jun 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Funding the capital expenditure requirements of the Company towards the purchase of Welding Robots | ₹11.99 Cr |
| Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company from banks and financial institutions | ₹8.6 Cr |
| General Corporate Purpose | Not disclosed |
Net-proceeds utilisation as disclosed in the offer document.
Promoters & Shareholding
Promoters: <p>Ranjit Chandrabhai Bose, Rajit Chandra Bose, Deval Ranjitbhai Bose</p>
- Holding (pre-issue)
- 90.07%
- Holding (post-issue)
- 0%
- Dilution
- 90.07%
Peer Comparison
| Company | EPS (₹) | NAV (₹) | P/E | RoNW | Statements |
|---|---|---|---|---|---|
| - Consolidated | 5.8 | 18.8 | — | 29.67% | Consolidated |
| - Standalone | 3.78 | 16.86 | — | 21.57% | Standalone |
| Classic Electrodes (India) | 7.04 | 52.99 | 7.03x | 13.28% | — |
| Diffusion Engineers | 11.98 | 102.73 | 34.52x | 11.61% | — |
| Royal Arc Electrodes | 9.05 | 73.21 | 18.18x | 12.36% | — |
Peer group as disclosed in the offer document, figures as of 31 Mar 2026. The issuer’s P/E is computed at the upper price band.
Lead Managers (BRLMs)
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About the Carver Roboweld IPO
The Carver Roboweld SME IPO opens for subscription on 28 Oct 2026 and closes on 30 Oct 2026, offered at a price band yet to be finalised, and is set to list on BSE.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward funding the capital expenditure requirements of the company towards the purchase of welding robots (₹11.99 crore), alongside repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company from banks and financial institutions (₹8.6 crore). In all, 3 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Carver Roboweld reported revenue of ₹7.71 crore and a net profit of ₹1.49 crore. Revenue declined from ₹21.67 crore in FY2024 to ₹7.71 crore in FY2026 (-64.0%). Net worth stood at ₹17.62 crore at the end of FY2026.
Peer comparison
The offer document names listed peers including Classic Electrodes (India) and Diffusion Engineers, with a median peer P/E of about 18.2×.
Promoters
The promoters of the company are <p>Ranjit Chandrabhai Bose, Rajit Chandra Bose, Deval Ranjitbhai Bose</p>. Promoter holding stands at 90.07% before the issue and comes down to 0% after listing.
Grey market premium (GMP)
In the unofficial grey market, Carver Roboweld shares are quoted at a premium of ₹0. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
What to weigh
When evaluating the Carver Roboweld IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
Carver Roboweld — Contact Details
- Registered office
- Office no. 1403, Space Odyssey, Near KKV Hall, 150 Feet Ring Road, Mota Mava, Rajkot, Gujarat, 360005
- Phone
- 9727797000
- Website
- www.carverroboweld.com/
- Registrar (IPO queries)
- ipo@bigshareonline.com
Frequently asked questions
- What is the Carver Roboweld IPO GMP today?
- The latest grey market premium for the Carver Roboweld IPO is ₹0. GMP is an unofficial figure and not a guarantee of the listing price.
- When does the Carver Roboweld IPO open and close?
- The Carver Roboweld IPO opens on 28 Oct 2026 and closes on 30 Oct 2026.
- When is the Carver Roboweld IPO allotment and listing date?
- Allotment is expected on 2 Nov 2026. The shares are scheduled to list on 4 Nov 2026 on BSE.
- What is the reservation split in the Carver Roboweld IPO?
- Of the total shares offered, retail investors get 35.16%, QIBs 19.91% (plus 29.68% anchor), non-institutional investors 15.25%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Carver Roboweld and what is their holding?
- The promoters are <p>Ranjit Chandrabhai Bose, Rajit Chandra Bose, Deval Ranjitbhai Bose</p>. Promoter holding is 90.07% before the issue and 0% after listing.
- What are the objects of the Carver Roboweld IPO?
- The net proceeds go primarily toward funding the capital expenditure requirements of the company towards the purchase of welding robots, among 3 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Carver Roboweld IPO?
- The book-running lead manager is Smart Horizon Capital Advisors Pvt.Ltd..
- Is Carver Roboweld a Mainboard or SME IPO?
- Carver Roboweld is an SME IPO, listing on BSE (SME platform).