Carver Roboweld Ltd. IPO Details
Carver Roboweld was incorporated on August 04, 2009. The company manufactures welding consumables such as metal cored wires, welding rods and gauging electrodes for various industrial applications. It also provides welding spare parts and accessories, forging die regeneration and welding robot rental services, serving as a solution provider to the forging industry
| Bidding Dates |
|---|
| 28 Oct 2026 - 30 Oct 2026 |
| Subscription |
|---|
| 24.06x Oversubscribed |
| Check Allotment Status |
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| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹243,200 | 2 | 2 | 1600 | 3.5 M | ₹76 - ₹80 | 65.77 % | ₹268.7 M - ₹282.9 M | RHP DOC |
Carver Roboweld IPO SUBSCRIPTION STATUS
30 Oct '26Carver Roboweld IPO overall subscription rate was 24.06 times the total available shares
Carver Roboweld IPO retail subscription rate was 19.17 times in the retail segment
Carver Roboweld IPO non-institutional investor subscription rate was 30.25 times in the non-institutional investor category
Carver Roboweld IPO Qualified Institutional Bidder subscription rate was 26.33 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
30 Oct 2026 (Day 3) | 19.17x | 30.25x | 26.33x |
29 Oct 2026 (Day 2) | 0.65x | 1.97x | 0x |
28 Oct 2026 (Day 1) | 0.21x | 0.52x | - |
Carver Roboweld FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY27 | 8.1 | 1.2 | 3.5 | 3.0 | 35.3% |
| FY26 | 32.7 | 5.3 | -3.2 | -17.9 | 35.9% |
Carver Roboweld IPO SUBSCRIPTION STATUS DETAILS
Carver Roboweld has 3.5 M shares on offer
Carver Roboweld IPO offer price is in the range ₹76 - ₹80
Carver Roboweld IPO minimum Investment is ₹243200
Carver Roboweld IPO issue size is ₹ 268.7 M - ₹ 282.9 M
Carver Roboweld has a minimum lot size of 1600 Shares per application
Carver Roboweld NUMBER OF SHARES ON OFFER
Carver Roboweld IPO IMPORTANT DATES
| Issue Open Date | 28 Oct 2026 |
| Issue close Date | 30 Oct 2026 |
| Allotment Date | 02 Nov 2026 |
| Refund Date | 02 Nov 2026 |
| Demat Account Credit Date | 03 Nov 2026 |
| Listing Date | 04 Nov 2026 |
| Listing on Exchange(s) | BSE |
| Carver Roboweld Allotment Status | Exchange/ Registrar |
Carver Roboweld IPO subscription opens on 28 Oct 2026, and closes on 30 Oct 2026
IPO allotment for Carver Roboweld is expected to be finalized on Monday, 02 Nov 2026
IPO listing for Carver Roboweld will be on BSE on Wednesday, 04 Nov 2026
Carver Roboweld Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carver Roboweld Ltd. | 80 | 104.8 | 14.3 | 3.2 | 29.7 | 9.3 | 32.8 | 5.3 | 5.6 | ||||
| Esab India Ltd. | 5258.5 | 8094.4 | 36.5 | 1.3 | 5.1 | 48.1 | 29.6 | 1514.2 | 9.6 | 206.7 | 17.8 | 144.1 | 29.1 |
| Bonfiglioli Transmissions Ltd. | 625.2 | 6135.1 | 9.4 | 5.1 | 1218.7 | 17.6 | 65.3 | 220.7 | |||||
| Shivalik Bimetal Controls Ltd. | 1013.5 | 5838.2 | 55 | 1.9 | 9.5 | 19.9 | 15.1 | 583.1 | 11.9 | 95.9 | 24.4 | 18.4 | 29.3 |
| Ador Welding Ltd. | 1330.9 | 2316.1 | 20.1 | 0.2 | 1.8 | 14.8 | 9.8 | 1158.2 | 1.5 | 82 | 36.5 | 66.3 | 111.6 |
| Diffusion Engineers Ltd. | 396.3 | 1483.2 | 27.1 | 0.8 | 3.4 | 12.4 | 9.8 | 421.6 | 22.4 | 50.3 | 40.1 | 14.6 | 33.9 |
Carver Roboweld annual results: revenue, profit, P&L, and margins as of undefined – 11 year history
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Carver Roboweld INFORMATION ON IPO ISSUE
About Carver Roboweld
Carver Roboweld was incorporated on August 04, 2009. The company manufactures welding consumables such as metal cored wires, welding rods and gauging electrodes for various industrial applications. It also provides welding spare parts and accessories, forging die regeneration and welding robot rental services, serving as a solution provider to the forging industry
Object of the Issue
- Funding the capital expenditure requirements of the company towards the purchase of welding robots
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company from banks and financial institutions
- To meet general corporate purposes
Carver Roboweld - PROMOTERS
| Name |
|---|
| Ranjit Chandrabhai Bose |
| Rajit Chandra Bose |
| Deval Ranjit Bose |
Carver Roboweld - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Ranjit Chandrabhai Bose | Chairman & Managing Director |
| Rajit Chandra Bose | Whole-Time Director |
| Deval Ranjitbhai Bose | Executive Director |
| Solanki Dharmesh R | Non- Executive Independent Director |
| Usha M Chandrapal | Non- Executive Independent Director |
| Swati Dhaval Mirani | Non- Executive Independent Director |
Carver Roboweld Book Running Lead Manager
Smart Horizon Capital Advisors Private Limited
director@shcapl.com
Carver Roboweld Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Carver Roboweld Strengths
Customer retention advantage
The company owns 12 welding robots that are provided to customers on a rental basis, generating stable and recurring revenue. Customers leasing these robots are required to use the company’s welding consumables, creating long-term demand, customer retention and predictable revenue throughout the lease period
Quality standards
The company focuses on meeting customer specifications and quality standards through continuous product reviews and timely corrective measures. Consistently delivering high-quality products helps strengthen customer trust, maintain long-term relationships and secure repeat orders
Carver Roboweld Risks
Inventory management risks
The company’s manufacturing operations depend on effective management of raw material and finished goods inventory to ensure uninterrupted production and timely deliveries. Poor inventory management, overstocking, delays, damage or wastage could increase operating costs, disrupt production and adversely affect its revenue and financial condition
Limited product portfolio
The company has a limited product portfolio and relies heavily on a narrow range of welding products, exposing it to changes in market demand, customer preferences and technology. Failure to successfully diversify its offerings or gain market acceptance for new products could restrict growth and adversely affect profitability and competitiveness
Cybersecurity risk
The company’s robot rental services depend on the reliable performance of specialised operating software, and software failures, cybersecurity issues or compatibility problems could cause robot downtime and disrupt customer operations. Such issues could lead to penalties, additional costs, termination of rental agreements, lower rental revenue and loss of customer confidence, although no software-related issues have occurred in the past three years
IPO FAQs
The promoters of the company are Ranjit Chandrabhai Bose, Rajit Chandra Bose and Deval Ranjit Bose.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 76.0 - 80.0.
The IPO application opens on Oct 28, 2026 and closes on Oct 30, 2026.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 243,200.0, the maximum value for this IPO is Rs 256,000.0.
This IPO will be allotted on Nov 02, 2026.
The refund will be credited to your account on Nov 02, 2026.
The allotted shares will be credited to your demat on Nov 03, 2026.
Carver Roboweld Ltd.’s shares will list on the stock exchanges on Nov 04, 2026.