- Summary
- Carver Roboweld’s IPO opening date is 28 October 2026 and closing date is 30 October 2026. The price range for the IPO is ₹76- ₹80, and the offer size is estimated at ₹28.29 crore. The entire IPO is a fresh issue of 35.36 lakh equity shares.
- The firm specializes in producing welding consumables, such as welding rods and metal-cored wires, and offers robotic welding engineering services. The lot size is 1,600 shares. The minimum application by retail investors is ₹2,56,000 for 3,200 shares, and the maximum is also ₹2,56,000 for 3,200 shares.
- Under S-HNI category minimum 3 lots containing 4,800 shares amounting ₹3,84,000, and maximum 7 lots containing 11,200 shares amounting ₹8,96,000.
Carver Roboweld IPO is a book-built SME IPO valued at ₹28.29 crore, including a fresh issuance of 35.36 lakh equity shares. IPO will run from 28 October 2026 to 30 October 2026. The pricing range for the IPO will be ₹76- ₹80, with a lot size of 1,600 equity shares.
Allotment is expected on 2 November 2026, and the listing date will be 4 November 2026.
The lot size is 1,600 shares. The minimum application by retail investors is ₹2,56,000 for 3,200 shares
Under S-HNI category minimum 3 lots containing 4,800 shares amounting ₹3,84,000, and maximum 7 lots containing 11,200 shares amounting ₹8,96,000, and under B-HNI category minimum 8 lots containing 12,800 shares amounting ₹10,24,000.
Carver Roboweld IPO Key Details
Here is a quick look at the important details of the Carver Roboweld IPO:
| IPO Open Date | 28 October, 2026 |
| Close Date | 30 October, 2026 |
| Face value | ₹10 per share |
| Price Band | ₹76 to ₹80 |
| Issue price | – |
| IPO Lot Size | 1,600 shares |
| Offer for sale | – |
| Fresh issue | 33,58,400 shares (~₹27 cr) |
| Issue Type | Bookbuilding IPO |
| Listing at | BSE SME |
| Total Issue Size (₹ Crore) | 35,36,000 shares (₹28.29 cr) |
| Minimum Investment | ₹2,56,000 (3,200 shares) |
Carver Roboweld IPO Timeline
The key dates for the Carver Roboweld IPO are given below:
| Bidding Opens | 28 October, 2026 |
| Bidding Closes | 30 October, 2026 |
| Allotment Planned For | 2 November, 2026 |
| Refunds Start On | 3 November, 2026 |
| Share Credit to Demat | 3 November, 2026 |
| Listing Scheduled | 4 November, 2026 |
| Cut-off for UPI mandate | 30 October, 2026 5:00 PM |
Carver Roboweld Key Performance Indicators (KPIs)
Carver Roboweld IPO KPIs are presented in the following table:
| KPIs | FY 2026 | FY 2025 | FY 2024 |
| ROE (%) | 33.63% | 37.82% | 38.83% |
| ROCE (%) | 21.64% | 13.95% | 17.05% |
| Debt-Equity (times) | 0.97 | 4.89 | 4.30 |
| RoNW (%) | 21.57% | 31.80% | 32.52% |
| PAT Margin (%) | 12.87% | 5.84% | 4.67% |
| EBITDA Margin (%) (Adjusted) | 30.94% | 19.78% | 19.02% |
| Price Book Value | – | – |
Carver Roboweld IPO Financials
Here is an overview of the company’s financial figures:
| Period | FY 2026 | FY 2025 | FY 2024 |
| Total Assets | 3,826.18 | 3,269.31 | 2,159.11 |
| Revenue from operations | 2,702.20 | 2,485.98 | 2,167.29 |
| Profit After Tax | 347.87 | 145.13 | 101.20 |
(Amount in ₹ lakhs)
Carver Roboweld IPO Subscription Status
Subscription Details Not Yet Available
Subscription information will be displayed once the bidding process starts.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Carver Roboweld IPO Grey Market Premium
The listing date for the Carver Roboweld IPO is expected on 4, November 2026, with a price range of ₹76-₹80 per equity share. Grey market premiums (GMPs) can fluctuate frequently because they are unofficial.
| Date | GMP | Estimated Listing Price | Estimated Listing Gain | Trend | Last Updated |
| 27-10-2026 | ₹0 | 0% | ₹80 | Neutral | 26-10-2026 10:50 |
Note: GMP represents sentiment in the unofficial market and should not be considered an indication of assured listing returns.
Carver Roboweld IPO Reservation
The share allocation for each investor category is outlined below:
| Investor Category | Reservation |
| Market Maker | 1,77,600 |
| QIB | 16,65,600 |
| NIIs | 5,12,000 |
| Retail Investors | 11,80,800 |
| Total Shares | 35,36,000 |
Carver Roboweld IPO Lot Size
The applicable lot sizes for different investor categories are as follows:
| Application Type | Lots | Shares | Amount |
| Individual Investor – Minimum | 2 | 3,200 | ₹2,56,000 |
| Individual Investor – Maximum | 2 | 3,200 | ₹2,56,000 |
| S-HNI Minimum | 3 | 4,800 | ₹3,84,000 |
| S-HNI Maximum | 7 | 11,200 | ₹8,96,000 |
| B-HNI Minimum | 8 | 12,800 | ₹10,24,000 |
Carver Roboweld IPO Anchor Investors
The allotment status of the Carver Roboweld IPO is currently not yet available. As a result, information related to anchor bidding, share allocation, investment value, and lock-in periods will be added once it is disclosed.
Carver Roboweld IPO Prospectus
For more information on the Carver Roboweld IPO, check the links below:
About Carver Roboweld IPO
Incorporation: 2009
Managing Director: Ranjit Chandrabhai Bose
Carver Roboweld Limited is an India-based engineering and manufacturing firm which deals in the production of welding materials and welding automation equipment. The products offered by Carver include metal core wires, welding electrodes, gouging electrodes, and welding accessories. The company offers robotic welding machines, robotic welding machine rental services, forging die manufacture and regeneration and engineering services.
These services assist their industrial customers in improving their welding performance, manufacturing efficiency, and prolonging the life of their machinery. Carver employs a vertical business strategy that involves manufacturing and engineering services. Carver seeks to raise money through its IPO to buy welding robots, pay off loans, and meet its corporate needs.
| Issue Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Smart Horizon Capital Advisors Pvt. Ltd. |
Carver Roboweld IPO Objectives
Funds received from the IPO will be directed towards the following purposes:
| Particulars | Amount (in ₹ lakhs) |
| Funding the capital expenditure requirement of the company towards the purchase of welding robots | 1,199.40 |
| Repayment or prepayment in full or part of certain outstanding borrowings availed by the company from banks and financial institutions | 860 |
| General corporate purposes |
Strengths of Carver Roboweld IPO
Carver Roboweld Limited has a few strengths to consider when deciding whether to go for an IPO. These include the company’s increasing profitability, manufacturing capabilities, engineering services, and plans to invest in welding robots.
- Consistent Growth in Revenue and Profitability: The income statement shows that for fiscal year 2026, Carver Roboweld revenue from operations is ₹2,702.20 lakhs, up from ₹2,485.98 in fiscal year 2025. This is a growth of about 8.7%.
- Expansion through Investments in Welding Robots: The Carver Roboweld would invest approximately ₹1,199.40 lakhs from the IPO proceeds in acquiring welding robots. This provides a good opportunity to expand their capabilities in automation.
- Installed Capacity for the Production of Goods and Quality Control: The firm has achieved its installed capacity for producing metal core wires and welding rods at 650 tonnes per annum as of July 2026. The company’s installed capacity increased by about 30% from FY2025 to FY2026.
Risks of Carver Roboweld IPO
Before investing in the Carver Roboweld IPO, it would be prudent to consider the following company risks: customer concentration, raw material costs, supplier dependence, and operational issues that could affect the business’s profitability and expansion potential.
- High Customer Concentration Risk: Carver Roboweld’s revenue contribution from top 10 customers was 80.78% as at FY2026, up from 73.34% in FY2024. The high customer concentration ratio implies that losing a major client or a major order could affect the company’s revenue.
- High Dependence on Raw Materials: According to Carver Roboweld’s IPO risk disclosures, raw materials accounted for 91.45% of revenue through June 2026. The firm relies on raw materials used to manufacture welding rods, gouging electrodes, and metal-cored wires. There are concerns about rising raw material prices and their effect on the company’s profit margin when it is unable to pass them through to customers.
- High Reliance on a Few Suppliers: The company’s total percentage of purchases from the top 10 suppliers in FY2026 was 92.43%, up from 87.15% in FY2024. This means that there is high reliance on a few suppliers. Any disruption in supplies, late delivery, or changes to the pricing structure can affect the manufacturing process and may result in increased costs.
Carver Roboweld IPO Review
Carver Roboweld specialise in the manufacturing of welding consumables and providing robotic welding and engineering solutions. Welding rods, metal-cored wire, gouging electrodes, robotic welding, and forging die regeneration are among the services provided by Carver Roboweld.
The IPO size is estimated at about ₹28.29 crore through a new issuance of 35.36 lakh equity shares. The price band is fixed at ₹76-₹80 per share, with a lot size of 1,600 shares. The proceeds from the issue will be used to purchase welding robots, repay certain debts, and fund other general corporate purposes.
For fiscal year 2026, Carver Roboweld reported revenue of ₹2,702.20 lakhs and net profit of ₹347.87 lakhs. The company is engaged in providing industrial welding and forging-related services, and its clients have a need for welding materials, equipment, automation, and engineering knowledge.
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Carver Roboweld IPO FAQs
Carver Roboweld specialise in the manufacturing of welding consumables and providing robotic welding and engineering solutions. The offer starts on 28, October, 2026 and ends on 30, October, 2026.
Investors can apply for the IPO through their stockbroker or through any approved online IPO portal. Investors usually have the option to apply for the IPO through the ASBA route via banks.
Investors are required to evaluate the company themselves by considering the merits and demerits of the company’s financials, borrowings, customers, suppliers, and the purpose for raising funds via the IPO.
There is no guaranteed return from an IPO. Post-listing stock price may vary depending on market conditions, demand, performance, and trading activity. GMP is also unscheduled and can be revised even prior to listing.
Carver Roboweld IPO is set to open on October 28, 2026. The closing date of the IPO is October 30, 2026, as per the available IPO schedule.
The number of shares in each lot is 1,600. The price band is ₹76-₹80, and the listing is on the BSE SME platform.
The allotment date is set for November 2, 2026. The next step will be the refund and allotment of shares in accordance with the final allotment.
The shares will be listed on November 4, 2026. The listing will be done on the BSE and SME platforms as per the IPO schedule.
