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Carver Roboweld Limited

SMEupcomingNSE SME
28 Oct 2026 – 30 Oct 2026
—TO OPEN
Offer Price
₹76–80
Bid lot
1600
Min Application
₹2,56,000
Issue Size
₹28 Cr

Key dates

Open date
28 Oct 2026
in 2 days
Close date
30 Oct 2026
in 4 days
Basis of allotment
02 Nov 2026
in 7 days
Initiation of refunds
02 Nov 2026
in 7 days
Credit to demat
02 Nov 2026
in 7 days
Listing date
04 Nov 2026
in 9 days

Issue reservation

₹28 Cr
QIB 47.1%9.64%Retail 33.39%5.02%
QIB
16.7 L sh · ₹13.19 Cr
47.1%
HNI (10L+)
3.4 L sh · ₹2.70 Cr
9.64%
HNI (2-10L)
1.7 L sh · ₹1.36 Cr
4.84%
Retail
11.8 L sh · ₹9.35 Cr
33.39%
Market maker
1.8 L sh · ₹1.42 Cr
5.02%
Applications required for 1× subscription
Retail (≤₹2L)
369 forms
S-HNI (₹2–10L)
36 forms
B-HNI (>₹10L)
71 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Smart Horizon Capital Advisors Private Limited

Lot ladder — how much to bid

1 lot = 1600 shares
Individual · up to ₹2 L2+ lots
Min · 2 lots
3,200 sh · ₹2,56,000
Entry point
₹2,56,000 onward
sHNI · ₹2 L to ₹10 L3+ lots
Min · 3 lots
4,800 sh · ₹3,84,000
Entry point
₹3,84,000 onward
bHNI · Above ₹10 L8+ lots
Min · 8 lots
12,800 sh · ₹10,24,000
Entry point
₹10,24,000 onward

Issue details

Lead managersSmart Horizon Capital Advisors Private Limited
Fresh issue35,36,000 sh · ₹28 Cr
Face value₹10
Listing onNSE Emerge
RegistrarBigshare Services Pvt.Ltd.
Grey-market sentiment
No grey-market data yet.
Financials

Particulars

30-Jun-26

31-Mar-26

31-Mar-25

31-Mar-24

Total Assets

39.45

38.26

32.69

21.59

Total Income

7.71

27.12

24.97

21.67

PAT

1.49

3.48

1.45

1.01

Net Worth

17.62

16.13

4.56

3.11

Reserves & Surplus

9.62

8.42

3.61

2.16

Total Borrowings

12.27

15.65

22.32

13.39

Objects of the issue

  • Capital Expenditure: ₹11.99 crore for growth and expansion.

  • Debt Repayment: ₹8.60 crore for repayment/prepayment of borrowings and accrued interest.

  • General Corporate Purposes: To meet operational, working capital and strategic requirements.

About the company

Incorporated in August 2009, Carver Roboweld Limited manufactures welding consumables, including metal-cored wires, welding rods and gauging electrodes, and supplies welding spares and accessories. The Company also provides value-added engineering services, such as forging die regeneration and robotic welding solutions.

Its primary manufacturing facility is located in Bamanbore, Rajkot, Gujarat, with service units in Pune, Hosur and Ludhiana. As of July 2026, the Company had an installed production capacity of 650 tonnes per annum for metal-cored wires and welding rods.

Through its subsidiary, Carver Engineering Private Limited, acquired in September 2025, the Company offers machinery refurbishment, heavy-duty machining, structural fabrication, component repairs and turnkey engineering projects across multiple industries.

The Company serves industrial customers across India, holds ISO 9001:2015 certification and is a Sustaining Corporate Member of the American Welding Society (AWS). As of June 30, 2026, it employed 68 permanent employees and 75 contract workers.

Company strengths

  • Strategically located manufacturing and service facilities.

  • Strong presence across key domestic industrial markets.

  • Focus on quality standards and customer specifications.

  • Integrated manufacturing and engineering capabilities.

  • Experienced promoters and management team.

  • Robot rental model supporting recurring revenue and customer retention.

Promoters

Ranjit Chandrabhai BoseRajit Chandra BoseDeval Ranjitbhai Bose

Registered office & contact

Carver Roboweld Limited.

Address - Office no. 1403, Space Odyssey

Near KKV Hall, 150 Feet Ring Road

Mota Mava

Rajkot, Gujarat, 360005

📞 9727797000

✉️ investor@carver.co.in

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Carver Roboweld Limited IPO?

One lot of 1600 shares — ₹2,56,000 at the upper price band of ₹80.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-11-04 on NSE SME.

₹76–80
Bidding opens soon.