Karamtara Engineering Limited

• Debt Repayment: ₹600 crore to reduce debt and interest costs.

• General Corporate Purposes: Remaining funds for business and corporate requirements.

• OFS: ₹200 crore goes to selling shareholders; no proceeds go to the company.

Founded in 1996 and commencing operations in 1998, we initially manufactured transmission line towers. Over the years, we have diversified into the solar sector and plan to expand into the wind energy sector.

We are one of the leading manufacturers of solar mounting structures and tracker components in India, with an aggregate installed capacity of 567,000 MTPA as of September 30, 2024, including 374,700 MTPA of solar product capacity, equivalent to approximately 13.20 GW. We also had a capacity of 480,000 pieces, excluding galvanizing capacity.

Our wide product portfolio includes module mounting structures, tracker piles and piers, stamped tracker components, torque tubes, fasteners, tubular towers for wind energy, lattice towers for transmission lines, and OHTL hardware fittings and accessories. This enables us to offer end-to-end solutions across the solar, wind and transmission sectors.

Over nearly three decades, we have grown from one manufacturing unit to eight facilities across India and Italy. We plan to further expand our manufacturing presence in India and Saudi Arabia to cater to the growing demand for solar, wind and transmission infrastructure products.