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Carraro India IPO
0.68xsubscribed

Carraro India IPO

Automobiles-Tractors
listed
₹14,028Min. investment

Carraro India IPO Details

SectorAutomobiles-Tractors
Price range₹668 – ₹704
IPO type
Regular
Lot size21 shares
Issue size₹1,250Cr
Red Herring Prospectus
Read
Market cap
₹4,002.3CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹1,788.96CrLower than sector avg
Growth rate3Y CAGR
9.30%Higher than sector avg

Carraro India IPO Subscription Status

Date
QIB
NII
Retail
Total
24-Dec-24
1.67 times (X)
0.27 times (X)
0.29 times (X)
0.68 times (X)

As on 24-Dec-24, 4:30 PM

Carraro India IPO Timeline

  1. Pre-apply
    19 Dec 2024
  2. Bid start
    20 Dec 2024
  3. Bid end
    24 Dec 2024
  4. Allotment
    26 Dec 2024
  5. Release of funds
    27 Dec 2024
  6. Demat transfer
    27 Dec 2024
  7. Listing
    30 Dec 2024

About Carraro India

Incorporated in 1997, Carraro India Limited is a technology-driven supplier of complex engineering products and solutions, primarily serving the agricultural and construction vehicle sectors. The company operates as part of the Carraro Group, a global leader in transmission systems. The company operates two advanced manufacturing plants in Pune that manufacture drivelines and gears. As of September 30, 2024, the company had a client base of 38 customers in India. Some of its clients include Mahindra and Mahindra, Escorts Kubota Limited, John Deere India Private Limited, and Action Construction Limited. The company has long-term relationships with its clients, with an average of more than 15 years with its top 10 clients.

Carraro India IPO Analysis

IPO REVIEW

Carraro India IPO | Analysis Video

Should you apply?

Watch our analysts break down the Carraro India IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Carraro India IPO

Offer for sale
The selling shareholders will receive offer proceeds after expenses, with benefits from listing.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹1,788.96Cr9.30%₹62.56Cr₹4,002.3Cr64.000.57
This sector (avg.)₹2,416.98Cr0.04%₹258.35Cr₹14,310.26Cr33.420.11
₹10,243.88Cr---₹1,124.06Cr₹37,197.25Cr29.830.01
₹994.55Cr---₹92.97Cr₹4,774.16Cr50.460
₹387.19Cr0.12%₹23.55Cr₹863.39Cr29.570.33

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Carraro India IPO Contact Details

Company NameCarraro India

How to apply for Carraro India IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Carraro India IPO FAQs