
Carver Roboweld
UPCOMINGIPO Date: 28 Oct - 30 Oct 2026
Listing Date: 4 Nov 2026
Price Range
₹76 to ₹80
Issue Size
28 Cr
Min Investment
₹1,21,600
Min Application
1600 Shares
Schedule of Carver Roboweld
Issue open date
28 Oct 2026
Issue close date
30 Oct 2026
UPI mandate deadline
30 Oct 2026 (5 PM)
Allotment finalization
2 Nov 2026
Share credit
3 Nov 2026
Listing date
4 Nov 2026
Mandate end date
14 Nov 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 28 Cr |
| Fresh Issue | 35.36 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 2 Nov 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 26 Oct 2026Latest | ₹80 | ₹0 | ₹80(0%) |
| 25 Oct 2026 | ₹80 | ₹0 | ₹80(0%) |
Performance Carver Roboweld
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹76 to ₹80 | .... | .... | .... |
About Carver Roboweld
Carver Roboweld Limited is a Gujarat-based industrial engineering company established in the welding consumables and automation industry. Its core products include welding rods, metal-cored wires, and gouging electrodes, supported by welding spare parts and accessories. The company also provides robotic welding systems, welding robot rentals, forging die manufacturing and regeneration, and industrial repair and maintenance services. It operates a manufacturing facility in Bamanbore, Rajkot, Gujarat, and service units in Pune, Ludhiana, and Hosur. Its integrated business model combines consumable manufacturing with automation and specialised engineering services, primarily serving customers in the forging industry.
| Founded in | 2009 |
| Managing director | Ranjit Chandrabhai Bose |
| Parent organization |
Financial Overview
Strengths
4- 1
Integrated Business Model. Combines welding consumables, robotic welding solutions, robot rentals, and forging die regeneration, allowing it to address multiple industrial requirements through one business.
- 2
Specialised Industry Expertise. Focuses on the forging industry, with products and services designed to support tooling maintenance, welding operations, equipment efficiency, and production continuity.
- 3
Multi-Location Service Network. Its service units in Pune, Ludhiana, and Hosur support robotic welding deployment, technical assistance, and maintenance for customers in important industrial centres.
- 4
Automation-Led Growth Potential. Expansion of its robotic welding capabilities could help customers improve production efficiency and create additional business opportunities. The company plans to allocate approximately ₹11.99 crore of its proposed IPO proceeds towards purchasing welding robots.
Risks
4- 1
High Customer Concentration. The top 10 customers contributed approximately 80.78% of revenue in FY2026. Losing major customers or receiving fewer orders from them could materially affect revenue and profitability.
- 2
High Supplier Concentration. The top 10 suppliers accounted for approximately 92.43% of total purchases in FY2026, creating exposure to supply disruptions, price changes, and unfavourable purchasing terms.
- 3
Dependence on the Forging Industry. The company derives its operating revenue exclusively from customers in the forging industry, making its performance vulnerable to reduced industrial demand, lower production activity, and slower capital expenditure.
- 4
Raw Material and Execution Risks. Raw materials accounted for approximately 58.91% of revenue in FY2026. Increases in metal prices, quality-control issues, or delays in procuring and installing welding robots could put pressure on margins and disrupt operations.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |