Karamtara Engineering IPO

Karamtara Engineering IPO Set To Hit Dalal Street On September 9, Company Eyes ₹875 Crore Through Public Issue

Karamtara Engineering IPO: Check opening dates, GMP, price band and other details

Karamtara Engineering Ltd has fixed the price band for its Rs 875 crore IPO at Rs 241-254 per equity share, with the issue set to open for subscription on Wednesday, September 9. The IPO will close on Friday, September 11. The allotment is expected to be finalised on September 15, while refunds and credit of shares to demat accounts are likely on September 16. The stock is expected to list on BSE and NSE on September 17.The lot size has been fixed at 59 shares. At the upper end of the price band, the minimum retail application size works out to Rs 14,986. The company’s market cap at the upper