Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Akash Podishetti

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 price band is estimated at Rs 8,174.3 crore. The company is having a decent GMP of around 15% over the issue price.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.