Karamtara Engineering IPO
Karamtara Engineering IPO is a mainboard IPO raising ₹875 Cr at ₹241 – ₹254 a share. The smallest application you can make is 59 shares, costing ₹14,986 at the top of the band. Bidding has closed; the shares list on 17 Sept 2026. So far it has been subscribed 63× in total.
62.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 72,61,410 | 1,15,88,19,885 | 160× |
| Foreign Institutional Investors | no separate quota | 44,16,44,559 | n/a |
| Domestic Financial Institutions | no separate quota | 59,31,09,654 | n/a |
| Mutual funds | no separate quota | 5,43,11,034 | n/a |
| Others | no separate quota | 6,97,54,638 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 54,46,058 | 26,43,90,092 | 49× |
| Non Institutional Investors | 36,30,706 | 18,54,52,635 | 51× |
| Corporates | no separate quota | 31,13,961 | n/a |
| Individuals | no separate quota | 17,50,95,126 | n/a |
| Others | no separate quota | 72,43,548 | n/a |
| Non Institutional Investors | 18,15,352 | 7,89,37,457 | 43× |
| Corporates | no separate quota | 3,70,992 | n/a |
| Individuals | no separate quota | 7,59,75,126 | n/a |
| Others | no separate quota | 25,91,339 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,27,07,469 | 16,85,41,111 | 13× |
| Cut Off | no separate quota | 14,78,67,216 | n/a |
| Price bids | no separate quota | 2,06,73,895 | n/a |
| Total | 2,54,14,937 | 1,59,17,51,088 | 63× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 11 Sept, 05:15 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 9% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.