Carbonsteel Engineering IPO Day 1: GMP, Subscription Status, Price Tire, Other Details of BSE SME IPO

Carbon Steel Engineering IPO: The Initial Public Offer (IPO) of the Structural Engineering and Manufacturing Company Carbon Steel Engineering was opened for public subscription on Tuesday, September 9 for public subscription. The SME scholarship is a combination of a new issue of 30.39.600 shares and offer for sale of 6.90,000 shares. Promoters Shrenik Kirit Shah and Mittal Shrenik Shah are the sold shareholders who download 4,14,000 and 2,76,000 shares in the edition respectively. The Gray Market seems to be positive about the issue, as the latest Gray Market Premium (GMP) indicates that the stock can be listed at a decent 12 percent premium. Carbon Steel Engineering IPO subscription status Tuesday at 10:30 am The issue saw an overall subscription of 0.30 times, with the retail section booked 0.06 times, and the segment reserved for NIIs to 1.27 times. The part of Qib has not seen any entry so far. Carbonsteel Engineering IPO details 1. Carbonsteel Engineering IPO GMP: According to market sources, the latest Gray Market Premium (GMP) of Carbon Steel Engineering Shares £ 19. The latest GMP indicates that the stock can be listed at a 12 percent premium. 2. Carbon Steel Engineering IPO Date: The SME IPO was opened for subscription on Tuesday, September 9 and ends on Thursday 11 September. 3. Carbon Steel Engineering IPO Price: The price tire of the public edition was fitted to £ 151 to £ 159 per share. 4. Carbon Steel Engineering IPO size: The company plans to raise £ 48.33 crore from the new shares issue, which it will use to finance capital expenditure to expand the existing UMBERGAON facility through the construction of new barns, the repayment of a portion of certain loans, working capital requirements and general requirements. The company will not receive any returns from the ords of the sales shareholders. 5. Carbon stalk Engineering IPO -Lot size: Small investors can bid for a minimum and maximum of 1,600 shares. 6. Carbon Steel Engineering IPO discussion: Most of the edition is reserved for QIBs as they were offered 17.68,800 shares (47.43 percent of the net edition). Retail investors come next. About 12,40,000 shares, or 33.25 percent of the net expense, are reserved for retail investors. The company reserved 5.32,800 shares (14.29 percent of the net edition) for NIIS. The remaining 5 percent is reserved for the market maker. 7. Carbon Steel Engineering IPO Devotion Date: The IPO closes on Thursday 11 September. Thus, the company is expected to finalize the share award on Friday, September 12. Successful bidders can expect shares of the company in their demola accounts on the next working day on Monday, September 15, on the same day. 8. Carbon Steel Engineering IPO Book Manager and Registrar: According to the Red Herring Prospectus (RHP) of the edition, Seren Capital Private Limited is the general manager of the book running through the book, and Maashitla Securities Private Limited is the Registrar. 9. Carbon Steel Engineering IPO list: According to Sebi’s T+3 line of IPO listing, the IPO is proposed to list on the BSE on Tuesday, September 16. Carbon stalk engineering: According to the RHP, the company is a structural engineering and manufacturing business that is mainly involved in the design, manufacturing and composing of structural and precision steel structures. The income from operations and profits has had a sustained increase over the past three financial years. According to the RHP, the company’s revenue from operations in FY23 was £ 155.6 crore, which rose in FY25 to £ 218.34 crore in FY24 and £ 273.05. The profit in FY23 was £ 5.11 crore, which rose to £ 9.42 crore in FY24 and £ 14.16 in FY25. Read all IPO-related news here read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.