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News Details

( As on 23/10/2026 19:50)

Carver Roboweld announces launch of initial public offering

Carver Roboweld Ltd. has announced public offering of 3536000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 70.00 per share. The gross proceeds of the issue are expected to be Rs 2,828.80 lakhs.

The company's initial public offer (IPO) will open on 28 October 2026 and is expected to close on 30 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 76.00-80.00 per share.

The IPO includes a fresh Issue of 3536000 Equity Shares of the Company at an price of Rs 80.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Carver Roboweld Ltd. anticipates using the proceeds of the issue for .

Smart Horizon Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.