Carver Roboweld
Price band ₹76–80 · Issue ₹28.29 Cr
Market attention score 34 (how ranked)
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Capital required
Approximate retail outlay for Carver Roboweld at the issue price band (lot × lots).
Est. capital
₹1,21,600 – ₹1,28,000
Lot size 1,600 · up to ₹80/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
28 Oct 2026
Closes
30 Oct 2026
Allotment
2 Nov 2026
Listing
4 Nov 2026
Lot size
1,600
Overview
Carver Roboweld IPO is a book build issue of ₹28.29 crores. The issue is entirely a fresh issue of 35.36 lakh shares of ₹28.29 crore.
Carver Roboweld IPO opens for subscription on Oct 28, 2026 and closes on Oct 30, 2026. The allotment for the Carver Roboweld IPO is expected to be finalized on Nov 2, 2026. Carver Roboweld IPO will list on the BSE SME with a tentative listing date fixed as Nov 4, 2026.
Carver Roboweld IPO is set issue price band at ₹76 to ₹80 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,56,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,84,000.
Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd.
Refer to Carver Roboweld IPO RHP for detailed Information.
Issue details
IPO Date
28 to 30 Oct, 2026
Listing Date
Wed, Nov 4, 2026
Face Value
₹10 per share
Price Band
₹76 to ₹80
Lot Size
1,600 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,56,000 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,56,000 |
| S-HNI (Min) | 3 | 4800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12800 | ₹10,24,000 |
Issue reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 16,65,600 | 49.60% | 47.10% |
| − Anchor Investor | 9,96,800 | 28.19% | |
| − QIB (Ex. Anchor) | 6,68,800 | 18.91% | |
| NII (HNI) | 5,12,000 | 15.25% | 14.48% |
| − bNII > ₹10L | 3,40,800 | 9.64% | |
| − sNII < ₹10L | 1,71,200 | 4.84% | |
| Retail | 11,80,800 | 35.16% | 33.39% |
| Firm Reservations | |||
| Market Maker | 1,77,600 | 5.02% | |
| Total | 35,36,000 | 100.00% | 100.00% |
About the company
Incorporated in August 2009, Carver Roboweld Limited is engaged in the manufacturing of welding consumables, including Metal Cored Wires, Welding Rods and Gauging Electrodes, along with the supply of welding spare parts and accessories. The Company has also expanded its offerings to provide value-added engineering solutions to the forging industry, including forging die regeneration and welding robot rental services.
The Company operates its primary manufacturing facility in Bamanbore, Rajkot, Gujarat, with additional service units in Pune, Hosur and Ludhiana, enabling it to serve customers across key industrial markets in India. As of July 11, 2026, the Company had an aggregate installed production capacity of 650 tonnes per annum for Metal Cored Wires and Welding Rods, reflecting a capacity CAGR of approximately 30% between Fiscal 2025 and Fiscal 2026.
Through its subsidiary, Carver Engineering Private Limited, acquired in September 2025, the Company also provides re-conditioning and refurbishment services for plant and machinery across industries such as forging, casting, cement, steel, sugar, power, petroleum, automotive and fabrication. Its engineering services include heavy-duty machining, structural fabrication, repair and refurbishment of hammers and components, and turnkey engineering projects.
The Company has a presence across several Indian states and caters to industrial customers through its welding consumables and engineering solutions. It is ISO 9001:2015 certified and is a Sustaining Corporate Member of the American Welding Society (AWS), reflecting its focus on quality management and adherence to international welding standards.
As of June 30, 2026, the Company had 68 permanent employees and 75 contract workers.
- Strategically located manufacturing facility and service units.
- Strategic market coverage across domestic industrial markets.
- Focus on meeting customer specifications and quality standards.
- Integrated manufacturing and value-added engineering service capabilities.
- Experienced promoter and management team with strong welding industry expertise.
- Robot rental model supporting long-term customer engagement and recurring revenue.
Financials
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 39.45 | 38.26 | 32.69 | 21.59 |
| Total Income | 7.71 | 27.12 | 24.97 | 21.67 |
| Profit After Tax | 1.49 | 3.48 | 1.45 | 1.01 |
| EBITDA | 2.84 | 8.36 | 4.92 | 4.12 |
| NET Worth | 17.62 | 16.13 | 4.56 | 3.11 |
| Reserves and Surplus | 9.62 | 8.42 | 3.61 | 2.16 |
| Total Borrowing | 12.27 | 15.65 | 22.32 | 13.39 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|
| ROE | 33.63% | 8.48% |
| ROCE | 21.64% | 8.27% |
| Debt/Equity | 0.97 | 0.70 |
| RoNW | 21.57% | 8.48% |
| PAT Margin | 12.87% | 19.37% |
| EBITDA Margin | 30.94% | 36.90% |
| NAV | 17.54 | 18.42 |
| P/B (x) | 4.34 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
3.64
P/E (x)
21.98
Market Cap at Offer Price
₹76.53 Cr.
Objects of the issue
- Funding the capital expenditure requirements of the Company towards the purchase of Welding Robots
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company from banks and financial institutions
- General Corporate Purpose
Intermediaries
Registrar
Bigshare Services Pvt.Ltd.
Lead manager(s)
Smart Horizon Capital Advisors Pvt.Ltd.
FAQs
How to apply in Carver Roboweld IPO through Zerodha?+
Zerodha customers can apply online in Carver Roboweld IPO using UPI as a payment gateway. Zerodha customers can apply in Carver Roboweld IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Carver Roboweld IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Carver Roboweld IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Carver Roboweld IPO will open?+
The Carver Roboweld IPO opens on Wed, Oct 28, 2026 and closes on Fri, Oct 30, 2026.
What is the lot size of Carver Roboweld IPO?+
Carver Roboweld IPO lot size is 1600 , and the minimum amount required for application is ₹2,56,000 , with 2 lots being the minimum application size .
How to apply for Carver Roboweld IPO?+
You can apply in Carver Roboweld IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Carver Roboweld IPO allotment?+
The finalization of Basis of Allotment for Carver Roboweld IPO will be done on Monday, November 2, 2026 , and the allotted shares will be credited to your demat account by Tue, Nov 3, 2026 . Check the Carver Roboweld IPO allotment status .
When is Carver Roboweld IPO listing date ?+
The Carver Roboweld IPO listing date is not yet announced. The tentative date of listing is Wed, Nov 4, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.