Carraro India
Mainboard₹14,784 / 21 Shares
Carraro India IPO Details
The Carraro India IPO price band is set between ₹668-704 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 20 Dec, 2024 and closes on 24 Dec, 2024. Investors can check the allotment status on 26 Dec, 2024, while the listing date is tentatively scheduled for 30 Dec, 2024.
The total issue size is OFS : 1,77,55,680 shares of ₹10, aggregating up to ₹1,250.00 Cr. Stay tuned for the latest Carraro India IPO review and GMP updates.
Carraro India IPO Review, Rating & Analysis
Carraro India IPO Review
NO REVIEWCarraro India IPO Rating
Carraro India IPO Highlights
IPO Date
Dec 20, 2024 - Dec 24, 2024
Listing Date
30 Dec, 2024
Face Value
₹10 Per Equity Share
Price Band
₹668-704 per equity share
Lot Size
21 Shares
Fresh Issue
Shares
Offer for Sale
1,77,55,680 shares of ₹10
Listing At
BSE, NSE
Carraro India IPO Lot Size
The minimum market lot for Carraro India IPO is 21 shares with an application amount of ₹14,784. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,784 |
| Retail (Max) | 13 | 273 | ₹1,92,192 |
| S-HNI (Min) | 14 | 294 | ₹2,06,976 |
| S-HNI (Max) | 67 | 1407 | ₹9,90,528 |
| B-HNI (Min) | 68 | 1428 | ₹10,05,312 |
Carraro India IPO Timeline
Issue Price
₹668-704 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Axis Bank LimitedBnp ParibasNuvama Wealth Management LimitedIssue Size
OFS : 1,77,55,680 shares of ₹10(aggregating up to ₹1,250.00 Cr)Carraro India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 24 | 1093.41 | 922.74 | 49.73 | 419.44 | - | 195.78 |
| 31 Mar 24 | 1072.89 | 1806.55 | 62.56 | 369.82 | - | 212.55 |
| 31 Mar 23 | 1072.39 | 1733.30 | 48.46 | 337.38 | - | 188.33 |
| 31 Mar 22 | 1012.44 | 1520.05 | 22.43 | 292.49 | - | 178.14 |
All values are in ₹ Cr.
Carraro India IPO Valuations
EPS Pre IPO
₹11.0/-EPS Post IPO
₹17.50/-PE Pre IPO
63.97PE Post IPO
40.24ROE
17.69%ROCE
19.35%Debt Equity
0.58RoNW
16.92%PAT Margin
3.50Price to Book Value
-Promoters & Share Holding
Promoter(s) Name
- Tomaso Carraro
- Enrico Carraro
- Carraro S.p.A
- Carraro International S.E
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 68.77% |
About Company
Incorporated in 1997, Carraro India Ltd is a leading manufacturer of transmission systems (axles, transmissions, and drives) and components for agricultural tractors and construction vehicles. The company also produces gears, shafts, and ring gears for industrial and automotive applications.
Carraro India operates two high-tech plants in Pune, Maharashtra—an 84,000 sq. m. driveline plant and a 78,000 sq. m. gear plant—utilizing machining, casting, assembly, and heat treatment.
Backed by a robust supply network consisting of 220 domestic and 58 international suppliers, the company is famous for precision manufacturing and expertise in the off-highway vehicle sector. As on September 30, 2024, Carraro India has 87 full-time employees and 53 contractual ones.
Carraro India IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 35,51,138 | 26,63,352 17,75,568 8,87,784 | 62,14,489 | N/A |
Day 1 -20-12-24 05:00 PM | 0.00 x | 0.06 0.04 x 0.10 x | 0.15 x | N/A x |
Day 2 -23-12-24 05:00 PM | 0.00 x | 0.20 0.14 x 0.32 x | 0.35 x | N/A x |
Day 3 -24-12-24 05:00 PM | 2.21 x | 0.60 0.42 x 0.96 x | 0.71 x | N/A x |
Retail:0.6x
BHNI:0.07x
SHNI:0.93x times
Company Contact Details
Carraro India
B2/ 2 MIDC,Ranjangaon, Pune 412 220 MaharashtraPhone: +91 2138 662666
Email: company_secretary@carraroindia.com
Website: https://www.carraroindia.com/
Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: carraro.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Carraro India IPO
When will Carraro India IPO open for subscription?
The Carraro India IPO opens on 20 Dec, 2024 and closes on 24 Dec, 2024.
What is the investors portion for Carraro India IPO?
The investors' portion for QIB is 2.21 x, NII is 0.42 x, and Retail is 0.71 x.
How to apply for Carraro India IPO?
You can apply for Carraro India IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Carraro India IPO?
The issue size of Carraro India IPO is approx ₹OFS : 1,77,55,680 shares of ₹10(aggregating up to ₹1,250.00 Cr) crores.
What is the price band of Carraro India IPO?
The price band for Carraro India IPO is ₹668 to ₹704 per equity share.
What is the lot size of Carraro India IPO?
The minimum bid (lot size) for Carraro India IPO is N/A shares with an investment of approx ₹14,784 .
What is the allotment date of Carraro India IPO?
The allotment date for Carraro India IPO is 26 Dec, 2024.
What is the listing date of Carraro India IPO?
The listing date for Carraro India IPO is expected to be 30 Dec, 2024.
What is the GMP of Carraro India IPO?
The latest Grey Market Premium (GMP) for Carraro India IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.