The public can now subscribe for the agricultural and construction equipment producer Carraro India’s IPO. The public offering includes a full sale of up to 1,77,55,680 equity shares of the firm, valued at about Rs 1,250 crore, with promoter Carraro International S.E.
Subscriptions for the Carraro India IPO, a Mainline IPO of ₹1250.00 Cr, will be accepted from December 20 to December 24, 2024. The offer for sale in the IPO is ₹1250.00 Cr. The price range is set at 668.00–704.000 per share, with a face value of Rs 10. You can apply for a minimum lot of 21 shares, valued at Rs 14784, in the Carraro India Mainline IPO.
Carraro India IPO Details
| IPO Open Date | December 20, 2024 |
| IPO Close Date | December 24, 2024 |
| Listing Date | Monday, December 30, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹668 to ₹704 per share |
| Lot Size | 21 Shares |
| Total Issue Size | 1,77,55,680 shares
(aggregating up to ₹1,250.00 Cr) |
| Offer for Sale | 1,77,55,680 shares of ₹10
(aggregating up to ₹1,250.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Carraro India Financial Analysis
The fiscal year that ended on March 31, 2024, saw a 29% increase in profit after tax (PAT) and a 4% increase in revenue for Carraro India Limited.
| FY 2024 | |
| Assets | 1,093.41 |
| Revenue | 922.74 |
| Profit After Tax | 49.73 |
| Net Worth | 419.4 |
| ROE | 17.69% |
| ROCE | 19.35% |
| Debt/Equity | 0.58 |
| RoNW | 16.92% |
| PAT Margin | 3.50 |
About the Company- Carraro India
Carraro India Limited is a technologically advanced provider that specializes in gears, axles, and transmission systems for the Indian construction and agricultural tractor industries. With in-house design and manufacturing skills, the company, which was founded in 1997, services the full value chain and serves original equipment manufacturers (OEMs).
It has established a solid network of domestic and foreign clients and suppliers during its 27 years in India. Axles and transmission systems for vehicles such as backhoe loaders, cranes, and compactors are among the mission-critical goods that the company delivers as an independent Tier II solution provider and are essential to its clients’ final solutions.
