check out the Carraro India IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Carraro India has started off strong. Stay tuned for the latest updates on the Carraro India IPO GMP.
Carraro India IPO is set to open on December 20, 2024. The Carraro India IPO is a Mainboard IPO. The Carraro India IPO Price band is fixed at ₹668 to ₹704 with a lot of 21 shares.
About Carraro India IPO
Founded in 1997, Carraro India Limited specializes in the development and supply of complex engineering products and solutions for original equipment manufacturers (OEMs). The company provides axles, transmission systems, and gears primarily for the agricultural tractor and construction vehicle industries in India. Additionally, Carraro India offers a wide range of gears for various sectors, including automotive, trucks, agriculture, and construction vehicles.
With nearly 27 years of experience in India, Carraro India has built strong relationships with both local and international suppliers. The company operates two manufacturing plants in Pune, Maharashtra: a driveline manufacturing plant and a gears manufacturing plant. The driveline plant occupies approximately 84,000 square meters, while the gears plant spans around 78,000 square meters. Carraro India currently supplies products to 38 manufacturers across India. As of September 30, 2024, the company employs 87 full-time staff members and 53 temporary workers.
Carraro India IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 30, 2024 | ₹- |
| December 29, 2024 | ₹- |
| December 28, 2024 | ₹- |
| December 27, 2024 | ₹- |
| December 26, 2024 | ₹- |
| December 25, 2024 | ₹- |
| December 24, 2024 | ₹- |
| December 23, 2024 | ₹- |
| December 22, 2024 | ₹- |
| December 21, 2024 | ₹- |
| December 20, 2024 | ₹- |
| December 19, 2024 | ₹- |
| December 18, 2024 | ₹- |
| December 17, 2024 | ₹- |
Carraro India IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Carraro India Limited |
| Industry | Automotive and Engineering |
| IPO Issue Type | Book Built Issue |
| Open Date | December 20, 2024 |
| Close Date | December 24, 2024 |
| Total Issue Size | Approx ₹1,250.00 Crores |
| Fresh Issue | Approx ₹[.] Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹668 to ₹704 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 21 Shares Per Lot |
| Offer for Sale | Approx 1,77,55,680 Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Carraro India IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 20, 2024 |
| IPO Close Date | December 24, 2024 |
| Basis of Allotment | December 26, 2024 |
| Refunds | December 27, 2024 |
| Credit to Demat Account | December 27, 2024 |
| IPO Listing Date | December 30, 2024 |
FAQs
What is the Current GMP for the Carraro India IPO?
The Carraro India IPO GMP is ₹- as of today.
What are the Expected Returns for Carraro India IPO?
The expected returns for Carraro India IPO are -%.
Disclaimer:
- The IPO Grey Market Premium (Carraro India IPO GMP) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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