Karamtara Engineering raises Rs 262 crore from anchor investors ahead of IPO.
HDFC MF among top buyers Agencies Karamtara Engineering IPO Synopsis Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO.
The company allocated over one crore shares at the IPO's upper price band.
Domestic mutual funds and insurance companies participated in the anchor book.
Karamtara Engineering's IPO opens for subscription on September 9 and closes on September 11.
The company manufactures solar module mounting structures and transmission line towers.
By Akash Podishetti, ETMarkets.com XPeers IIFL Capital Services Share Price Choice International Share Price JM Financial Share Price Anand Rathi Share & Stock Brokers Share Price SMC Global Securities Share Price Sep 08, 2026, 10:33:00 PM IST Follow us Karamtara Engineering has raised Rs 262.50 crore from anchor investors ahead of its IPO, which opens for subscription on September 9.
The company allotted 1.03 crore shares to 15 anchor investors at Rs 254 per share, the upper end of the IPO price band.
The price includes a share premium of Rs 244 per share.ADVERTISEMENT The anchor book saw participation from domestic mutual funds, insurance companies, alternative investment funds and foreign institutional investors.Out of the total anchor allocation, 46,85,121 equity shares were allotted to five domestic mutual funds through six schemes.
Other investors in the anchor book included HDFC Life Insurance Company, SBI Life Insurance Company, Singularity Equity Fund I, Authum Investment and Infrastructure, Elm Park Fund, Societe Generale - ODI, Duro India Opportunities Fund Pte, Susquehanna Pacific Pty and Edelweiss Life Insurance Company.Karamtara Engineering IPO details Karamtara Engineering’s IPO will open for subscription on September 9 and close on September 11.
Its backward-integrated model gives it control over key parts of manufacturing and helps it serve customers across solar energy and transmission infrastructure markets.JM Financial, ICICI Securities and IIFL Capital Services are the book-running lead managers to the issue.
