CARVER ROBOWELD LIMITED

28 Oct 2026 - 30 Oct 2026 SME BSE

Min Investment

₹2,56,000.00

Price Band

₹76-₹80

Issue Size

₹20.31 Cr

Lot Size

1600 (per lot)

IPO Dates
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28 Oct 2026

Open Date

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30 Oct 2026

Close Date

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02 Nov 2026

Allotment Date

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04 Nov 2026

Listing Date

Know Before Investing

Strengths icon

  • Exclusive client base within the forging industry.
  • Three distributed service units ensure efficient robotic support.
  • Integrated model combining consumables and robot rentals.
  • Consistent historical revenue growth and profitability.
  • Dedicated Gujarat facility for consumable production.

Weaknesses icon

  • Revenues rely entirely on forging industry demand.
  • Top ten clients generate over 80% of revenue.
  • High reliance on a few suppliers for raw materials.
  • Potential cost overruns from delays in robot procurement.
  • History of delays in statutory dues and filings.

About Carver Roboweld Limited

Carver Roboweld is a manufacturer of welding consumables, specifically focusing on welding rods, metal-cored wires, and gouging electrodes, while also supplying various welding spare parts and accessories. The enterprise operates a dedicated manufacturing facility situated in Bamanbore, Rajkot, Gujarat, where it produces its core consumable products. Alongside manufacturing, the business manages three service units located in Pune, Ludhiana, and Hosur. These units support the deployment of its robotic welding systems, welding automation solutions, repair and maintenance services, and overall customer support activities. The entity also provides specialized forging die manufacturing and regeneration services, along with welding robot rental services that utilize specialized operating software. Notably, the business derives its entire revenue from operations exclusively from customers operating within the forging industry. By integrating consumable production with automated robotic deployment, the organization caters directly to the operational and maintenance requirements of its forging sector clientele.

IPO Objectives

1. Funding the capital expenditure requirements of our Company towards the purchase of Welding Robots.

2. Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by our Company from banks and financial institutions;

3. To meet General corporate purposes.

Company Promoters

Deval Ranjitbhai Bose

Rajit Chandra Bose

Ranjit Chandrabhai Bose

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 26.33
Non-Institutional Buyers 30.25
Retail Investors 19.17
Total 75.75
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