Karamtara Engineering IPO Allotment Status: Check Online via MUFG Intime, BSE & NSE

Karamtara Engineering IPO allotment is scheduled for Tuesday, 15 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: expected to be finalised on Tuesday, 15 September 2026.
• Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE/NSE.
• Listing date: tentatively set for Thursday, 17 September 2026 on both BSE and NSE.
• Price band and lot size: ₹241–₹254 per share, in lots of 59 shares.
• Issue structure: a ₹875 crore issue combining a ₹675 crore fresh issue and a ₹200 crore offer for sale by two promoters.
• Use of proceeds: the fresh-issue portion largely repays company borrowings; the OFS portion pays the two selling promoters, not the company.

Karamtara Engineering IPO: Key Details at a Glance

What Is the Karamtara Engineering IPO Timeline?

When Will Karamtara Engineering IPO Allotment Be Out?

Karamtara Engineering IPO bidding closes on Friday, 11 September 2026. The basis of allotment would normally be finalised the next working day under SEBI’s T+1 timeline, but since 12–13 September 2026 is a weekend and 14 September 2026 is a market holiday, the registrar is expected to finalise it on Tuesday, 15 September 2026 instead. Refunds for non-allottees (ASBA amounts unblock automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected the next day, Wednesday, 16 September 2026, with listing on BSE and NSE tentatively set for Thursday, 17 September 2026.

How to Check Karamtara Engineering IPO Allotment Status

Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)

MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
• Select “Karamtara Engineering Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “Karamtara Engineering Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “Karamtara Engineering Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Karamtara Engineering. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Karamtara Engineering IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Wednesday, 16 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same timeline.

What Will Karamtara Engineering Do With the IPO Proceeds?

Karamtara Engineering’s IPO combines a ₹675 crore fresh issue with a ₹200 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, around ₹600 crore is earmarked for prepaying or repaying obligations to lenders toward borrowings and acceptances, with the remainder for general corporate purposes. The ₹200 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes directly to the two selling shareholders, promoters Tanveer Singh and Rajiv Singh, who are each offering ₹100 crore worth of shares.

What Is Karamtara Engineering Limited?

Karamtara Engineering, headquartered in Andheri West, Mumbai, is one of the larger companies in this batch, with assets of over ₹4,100 crore and profit after tax that grew 64% between FY2025 and FY2026. It operates in the power generation supply chain, per its listing alongside renewable-energy peers, and is promoted by the Singh family, Tanveer Singh, Rajiv Singh, and Inderjeet Singh, along with two family trusts,  who together held nearly 95% of the company before the IPO. Two of the promoters, Tanveer Singh and Rajiv Singh, are partially cashing out through the IPO’s offer-for-sale component.

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