Carraro India IPO GMP Live, Open Date, Price, Allotment Status

Carraro India IPO open date is on 20 December to 24 December 2024. This new IPO is a book-built issue of Rs 1250 crore. This upcoming IPO is entirely an offer-for-sale of 1.78 crore equity shares. There is no fresh issue available.

Carraro India IPO price band is Rs 668 to Rs 704 per share. Carraro India IPO GMP live is 101 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online. 

Carraro India IPO lot size is 21 shares. The IPO allotment status live is to be finalised on Tuesday, December 26, 2024. The minimum investment for the retail investors for 1 lot is expected to be Rs 14,784. The registrar for the Carraro India IPO is Link Intime India Limited. The listing date is 30 December 2024. 

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Carraro India IPO GMP Live

Carraro India IPO GMP live is Rs 101 per share. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Carraro India IPO GMP might rise in the coming days.

Carraro India IPO Price Band

Carraro India IPO price band is Rs 668 to Rs 704 per share. The minimum amount of investment for the retail category is expected to be around Rs 14,784 for small NII minimum investment is to be around Rs 2,06,976. The minimum investment for the Big NII is to be around Rs 10,05,312. 

Carraro India IPO Open Date, Close Date

Carraro India IPO open date is Thursday, 20 December 2024 and closing date is Monday, 24 December 2024. The initiation of the refund date is 27 December 2024, and the credit of shares will be on 27 December 2024.

Carraro India IPO Allotment Status Live

Carraro India IPO allotment status live will be finalised on Tuesday, 26 December 2024. The listing will be on the BSE and NSE platforms on Monday, 30 December, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Carraro India IPO Listing Date

Carraro India IPO's listing date will be on Monday, 30 December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Carraro India IPO: Listing Date, Lot Size, Price Band

Carraro India Limited: About the Company

Carraro India Limited was incorporated in 1997, manufactures machine components ranging from smallest gear to Tractor manufacturing. 

Carraro India Limited designs, manufactures and sells transmission systems primarily for agricultural and construction equipment for off-highway vehicles. The company also offers a wide range of gears for various sectors, including automotive, trucks, agricultural, and construction vehicles.

Carraro India Limited owns and operates two manufacturing plants in Pune, Maharashtra, India.  The company’s drive line plant has technologies including casting, machining, assembly, prototyping, testing and painting. The gears plant features machining and heat treatment technologies such as carburizing, induction, hardening, and nitriding.

Carraro India IPO Objectives

The funds raised from Carraro India IPO will be used for the repayment of the past borrowings and for payment of interest. Also, the funds will be utilized in the investment in the subsidiary. The remaining money will be used for general corporate purposes. 

Carraro India IPO: Key Dates, Allotment, Listing Date

Carraro India IPO Subscription Status Live

Carraro India IPO subscription status will be available after the IPO opens on 20 December 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Carraro India IPO Lot Size Details

Carraro India IPO lot size is 21 shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,784 and the maximum is 13 lots, amounting to be around Rs 1,92,192 . For small HNI, the minimum lot size is 14, amounting to be around Rs 2,06,976.

Carraro India IPO Promoter Holdings

Carraro India IPO promoters are Tomaso Carraro, Enrico Carraro, Carraro S.p.A and Carraro International S.E. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline to 68.77%.

Carraro India Limited Company Financials

Carraro India Limited posted revenue of Rs 922.74 crore and net profit of Rs 49.73 crore for the period ending on 30 Sep 2024. The company’s revenue increased by 4% and PAT increased by 29% between the FY ending on 31 March 2024 and 31 March 2023. 

Carraro India IPO Registrar

Carraro India IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Carraro India IPO Lead Managers

Carraro India IPO lead managers are Axis Bank Limited, BNP Paribas and Nuvama Wealth Management Limited.

How to apply to Carraro India IPO

Interested investors can apply to the Carraro India IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Carraro India IPO Review

Carraro India IPO may get a positive response from the general public. The company is involved in the manufacturing of machine components. So, investors interested in the manufacturing sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Carraro India IPO GMP live will also rise. 

Carraro India IPO FAQ

1. What are the details of the Carraro India IPO?

Carraro India IPO is a book-built issue of Rs 1250 crore. This upcoming IPO is entirely an offer-for-sale of 1.78 crore equity shares. There is no fresh issue available.

2. When will the Carraro India IPO open and close?

Carraro India IPO open date is Thursday, 19 December 2024 and closing date is Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.

3. What is Carraro India IPO GMP Today?

Carraro India IPO GMP today is Rs 101 per share. The IPO GMP live indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Carraro India IPO GMP might rise in the coming days.

4. What are the details of Carraro India IPO Subscription Status Live?

Carraro India IPO subscription status live will be available after the IPO opens on 20 December 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status Live ?

Carraro India IPO allotment status live will be finalised on Tuesday, 26 December 2024. The listing will be on the BSE and NSE platforms on Monday, 30 December, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Carraro India IPO?

Carraro India IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Axis Bank Limited, BNP Paribas and Nuvama Wealth Management Limited.

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