Carver Roboweld IPO Details
Carver Roboweld IPO Summary
Carver Roboweld IPO opens for subscription on 28 Oct 2026 and closes on 30 Oct 2026.The IPO will be listed on BSE with the tentative listing date set for 04 Nov 2026.
Carver Roboweld IPO price band has been fixed at ₹76 – ₹80 per share. The face value is ₹10 per share with a lot size of 1600.
Carver Roboweld IPO total issue size comprises 35,36,000 shares (aggregating up to ₹28.29 Cr). This includes a fresh issue of 35,36,000 shares (aggregating up to ₹28.29 Cr). Pre-issue shareholding stands at 95,66,805, which will increase to 1,31,02,805 post-issue.
Carver Roboweld IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Carver Roboweld IPO Lot Size :Individual Minimum is 2 lots (3,200 shares) amounting to ₹2,56,000. Individual Maximum is 2 lots (3,200 shares) amounting to ₹2,56,000. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹3,84,000. SHNI Maximum is 7 lots (11,200 shares) amounting to ₹8,96,000. BHNI Minimum is 8 lots (12,800 shares) amounting to ₹10,24,000.
Carver Roboweld IPO Details
Carver Roboweld IPO Subscription
Carver Roboweld IPO Application Wise Breakup
Carver Roboweld IPO Dates
- 28 Oct 2026Opening dateOpen
- 30 Oct 2026Closing dateClose
- 02 Nov 2026Allotment Date Allotment
- 02 Nov 2026Initiation of RefundsRefund
- 02 Nov 2026Credit of SharesCredit
- 04 Nov 2026Listing dateListing
Carver Roboweld IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹2,56,000 |
| Individual Maximum | 2 | 3200 | ₹2,56,000 |
| SHNI Minimum | 3 | 4800 | ₹3,84,000 |
| SHNI Maximum | 7 | 11200 | ₹8,96,000 |
| BHNI Minimum | 8 | 12800 | ₹10,24,000 |
Carver Roboweld IPO Reservation
Promoter Holding
Documents
Carver Roboweld IPO Valuations
Carver Roboweld Financial Information
| Period Ended | 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 |
| Amount in ₹ Crore | ||||
About Carver Roboweld IPO
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.
Strength Of Carver Roboweld IPO
- Experienced Promoter and management team.
- Strategically located Manufacturing Facility and Service Units.
- Strategic Market Coverage across the domestic markets.
- Focus on consistently meeting customer specifications and quality standards.
- Robot Rental Model enables long-term customer engagement and generating stable, recurring revenue through service agreements.
Risk Of Carver Roboweld IPO
- We derived 86.73%, 80.78%, 84.77% and 73.34% of our revenue from our top ten customers for the period ended June 30, 2026 and for the Fiscals 2026, 2025 and 2024, respectively. The loss of any of these customers or reduction in business from such will have a material adverse effect on our business, financial condition, results of operations and cash flows.
- Our business involves the manufacturing of Welding Rods, Gouging Electrodes and Metal Cored Wire which is subject to raw material, process and quality controls, and any adverse occurrence could adversely affect our business, financial condition and results of operations.
- Our purchases are substantially concentrated among a limited number of manufacturers and suppliers, with our top ten suppliers accounting for 90.82%, 92.43%, 94.26% and 87.15% of our total purchases for the period ended June 30, 2026 and for the Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Any disruption in our relationships with such manufacturers and suppliers could materially and adversely affect our business, financial condition, results of operations and cash flows.
- Our entire revenue from operations is derived from customers operating in the forging industry. Any adverse developments in the forging industry or a reduction in demand from such customers may adversely affect our business, financial condition, cash flows and results of operations.
- Our manufacturing facility and Service units are geographically dispersed across specific regions in India, and any disruption to the operations of these facilities or adverse developments affecting such regions could materially and adversely affect our business, financial condition and results of operations.
- A substantial portion of our revenue from operations is geographically concentrated in Karnataka, Maharashtra and Tamil Nadu, which collectively contributed 85.08%, 82.33%, 86.20% and 80.33% of our revenue from operations for the Period ended June 30, 2026 and for the Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Any adverse developments affecting these geographies could materially and adversely affect our business, financial condition, results of operations and cash flows.
- Our operations are dependent on our manufacturing facility and service units, and any shutdown, slowdown or disruption at these facilities could adversely affect our business, results of operations, financial condition and cash flows.
- In case of our inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate our business it may have a material adverse effect on our business.
- There are certain discrepancies/errors/delay filings noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.
- The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of our Company.
Objectives Carver Roboweld IPO
1. Funding the capital expenditure requirements of the Company towards the purchase of Welding Robots
2. Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company from banks and financial institutions
3. General Corporate Purpose
Company Contact Details
Office no. 1403, Space Odyssey Near KKV Hall, 150 Feet Ring Road Mota Mava
Rajkot, Gujarat , 360005
Phone: 9727797000
Email: investor@carver.co.in
Website: https://www.carverroboweld.com/
Registrar Contact Details
Carver Roboweld FAQs
The Carver Roboweld IPO is a SME public issue comprising 3536000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹28.29 Cr. The issue price has been fixed at ₹80 per equity share, and the minimum application size is 1600 shares.
The IPO opens for subscription on 28 Oct 2026, and closes on 30 Oct 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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