Carraro India IPO Date, Review, Price, Allotment Details
Aditya | January 27, 2025
Carraro India IPO opens on December 20, 2024, and closes on December 24, 2024. This is a Book Built Issue IPO. The company aims to raise ₹1,250.00 crores through the IPO, with an offer for sale of 1,77,55,680 equity shares. The price band is ₹668 to ₹704 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. The IPO is set to list on BSE & NSE on December 30, 2024. The allotment date for the IPO is December 26, 2024. Carraro India reported revenue of ₹1,806.55 crores in 2024, compared to ₹1,733.3 crores in 2023. The company reported a profit of ₹62.56 crores in 2024, up from ₹48.46 crores in 2023. As per the financials, the IPO investors should consider applying for long-term investment.
Carraro India IPO Details
Field
Value
ipo title
Carraro India IPO
status
Listed
gain percentage
7.53%
subscription
1.18x
price
704
gmp
--
est listing
704 (0%)
ipo size
₹ 1250.00 Cr
Carraro India IPO Dates
Field
Value
lot
21
open
20-Dec
close
24-Dec
boa dt
26-Dec
listing
30-Dec
Carraro India IPO Financial Report
Carraro India reported revenue of ₹1,806.55 crores in 2024, a slight increase from ₹1,733.3 crores in 2023. The company saw a profit rise from ₹48.46 crores in 2023 to ₹62.56 crores in 2024.
No Data Available
About Carraro India IPO
Carraro India Limited, founded in 1997, manufactures engineering products for original equipment manufacturers (OEM) in India and globally. The company produces axles, transmission systems, and gears for agricultural tractors and construction vehicles. Carraro India operates two manufacturing plants in Pune, Maharashtra, with a focus on driveline and gear manufacturing. The company supplies to 38 manufacturers in India, with a strong workforce of full-time and temporary employees.
