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Carver Roboweld IPO

₹76.00 to ₹80.00Price band

Listed on 4 November 2026 at an issue price of ₹80.00.

Subscription and grey market figures refresh on a 30-minute cycle. Last synced 15 November 2026. Confirm current numbers on the exchange websites before you apply.

Issue size
₹28.29 Cr
Lot size
1,600 shares
Minimum investment
₹1,28,000.00
Face value
₹10.00
Fresh issue
₹26.87 Cr
Offer for sale
₹1.42 Cr
Exchanges
NSE and BSE
Bidding dates
28 October 2026 to 30 October 2026

Listed on the exchange

Carver Roboweld priced its issue at ₹80.00 and began trading on 4 November 2026.

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

    Issue dates

  1. Anchor investor biddingCompleted

    27 October 2026

    One day before the public window, for institutional anchors.

  2. Bidding opensCompleted

    28 October 2026

  3. Bidding closesCompleted

    30 October 2026

  4. Basis of allotmentCompleted

    2 November 2026

  5. Refunds initiatedCompleted

    2 November 2026

  6. Shares credited to DematCompleted

    3 November 2026

  7. Listing on the exchangeCompleted

    4 November 2026

Grey market premium

Grey market premium is the price traders quote among themselves for shares that have not listed yet. Below is the full day-by-day record we hold for this issue, not only the latest figure, because the movement across the bidding window says more than any single day does.

-1124622 Oct4 Nov
Grey market premium per share over 14 recorded days. Hover or use the arrow keys to read any day.
Grey market premium history for Carver Roboweld
DatePremium per share
2026-10-220
2026-10-230
2026-10-240
2026-10-250
2026-10-260
2026-10-270
2026-10-280
2026-10-290
2026-10-305
2026-10-315
2026-11-015
2026-11-025
2026-11-034
2026-11-044
Day by day, 14 records
DatePremium per shareImplied listing priceImplied gain
4 November 2026₹4.00₹84.005.00%
3 November 2026₹4.00₹84.005.00%
2 November 2026₹5.00₹85.006.25%
1 November 2026₹5.00₹85.006.25%
31 October 2026₹5.00₹85.006.25%
30 October 2026₹5.00₹85.006.25%
29 October 2026Not recorded₹80.000.00%
28 October 2026Not recorded₹80.000.00%
27 October 2026Not recorded₹80.000.00%
26 October 2026Not recorded₹80.000.00%
25 October 2026Not recorded₹80.000.00%
24 October 2026Not recorded₹80.000.00%
23 October 2026Not recorded₹80.000.00%
22 October 2026Not recordedNot recordedNot recorded

About Carver Roboweld

Carver Roboweld Ltd. makes welding consumables: metal cored wires, welding rods and gauging electrodes. It also sells welding spare parts and accessories. The company runs a manufacturing plant at Bamanbore, Rajkot, Gujarat, with service units in Pune, Hosur and Ludhiana. It earns revenue by selling consumables to industrial buyers across several Indian states and by providing engineering services to the forging industry, including forging die regeneration and welding robot rentals. A subsidiary, Carver Engineering Pvt. Ltd., acquired in September 2025, reconditions and refurbishes plant and machinery for forging, casting, cement, steel, sugar, power, petroleum, automotive and fabrication customers. Installed capacity for metal cored wires and welding rods stood at 650 tonnes per annum as of July 11, 2026. The company employs 68 permanent staff and 75 contract workers as of June 30, 2026.

Promoters

  • Ranjit Chandrabhai Bose
  • Rajit Chandra Bose
  • Deval Ranjitbhai Bose

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Metric (₹ crore)Mar 2024Mar 2025Mar 2026Jun 2026
Assets21.5932.6938.2639.45
Total Income21.6724.9727.127.71
Profit After Tax1.011.453.481.49
EBITDA4.124.928.362.84
NET Worth3.114.5616.1317.62
Reserves and Surplus2.163.618.429.62
Total Borrowing13.3922.3215.6512.27

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Jun 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

RatioValueWhat it measures
Earnings per share₹3.64Profit after tax divided by the number of shares.
P/E at the cap price21.98xIssue price divided by earnings per share. Lower is cheaper, but only against the same industry.
P/E after the issue17.54xThe same ratio recalculated on the larger post-issue share count.
Price to book4.34xIssue price against net assets per share.
Net asset value per share₹18.42What the company owns, less what it owes, per share.
Return on equity8.48%Profit earned on shareholders’ money.
Return on capital employed8.27%Profit earned on all the capital in the business, including debt.
Return on net worth8.48%The offer document’s own name for return on shareholders’ funds.
Debt to equity0.70xBorrowings against shareholders’ funds. Higher means more leverage.
Profit margin19.37%Profit after tax as a share of income.
Operating margin36.90%Operating profit as a share of income, before interest, tax and depreciation.
Market capitalisation₹104.82 CrValue of the company at the issue price.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

  • 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

    ₹8.60 Cr

  • Issue Expenses

    ₹4.32 Cr

  • General Corporate Purpose

    ₹3.37 Cr

Peer comparison

The offer document compares the issuer against listed companies in the same business, on earnings, book value and return on net worth. Carver Roboweld is the first row.

Peer comparison from the offer document. Carver Roboweld is the first row.
CompanyEPS (₹)P/ENAV per share (₹)RoNW
- Consolidated5.8—₹18.8029.67%
- Standalone3.78—₹16.8621.57%
Classic Electrodes (India)7.047.03₹52.9913.28%
Diffusion Engineers11.9834.52₹102.7311.61%
Royal Arc Electrodes9.0518.18₹73.2112.36%

Reproduced from the peer comparison in the offer document. A dash means the document does not state that figure for that company. It is absent, not zero. Ratios are reported on the basis named in the document, which is not always the same period for every company.

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Reservation by investor category
CategoryShare of issueAmount
Retail individual investors35.16%₹9.45 Cr
Qualified institutional buyers19.91%₹5.35 Cr
Non-institutional (bids above ₹10 lakh)10.15%₹2.73 Cr
Non-institutional (bids up to ₹10 lakh)5.10%₹1.37 Cr

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

One lot is 1,600 shares. The price band is ₹76.00 to ₹80.00, and the block is calculated at the top of it, ₹80.00. That comes to ₹1,28,000.00 held in your bank account until the allotment is finalised. If you are not allotted, the block is released and the money never leaves your account.

Bidding runs from 28 October 2026 to 30 October 2026. Applications can be revised or withdrawn while bidding is open. Once it closes, the registrar finalises the basis of allotment the next working day and shares are credited the day after.

The most recent recorded premium is ₹4.00 per share, against ₹5.00 when recording began on 30 October 2026. The movement across those days says more than either number on its own.

Retail applications run from 1 lot to 1 lots. The retail category caps an application at ₹2,00,000, so the upper limit is whichever comes first: the lot ceiling or the value ceiling.

We hold the issue price of ₹80.00 and the listing date of 4 November 2026, but our data source does not publish the listing-day open, close or gain, so we cannot state the listing price. The exchange page for this scrip carries the traded price.

Sources