Carraro India Limited IPO GMP

Carraro India is a technology driven integrated supplier that develops complex engineering products and solutions for their original equipment manufacturer (“OEM”) customers. They are an independent tier 1 solution provider of axles, transmission systems and gears for the agricultural tractor and construction vehicle industries in India. They support the full value chain of services as a solution provider for axles, transmission systems, gears and other related components with in-house product design manufacturing capabilities.

Carraro India, an Book Built Issue amounting to ₹1,250.00 Crores, consisting entirely an Offer for Sale of 177.55 Lakh Shares. The subscription period for the Carraro India IPO opens on December 20, 2024, and closes on December 24, 2024. The allotment is expected to be finalized on or about Thursday, December 26, 2024, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Monday, December 30, 2024.

The Share price band of Carraro India IPO is set at ₹668 to ₹704 per equity share. The Market Capitalisation of the Carraro India Limited at IPO price of ₹704 per equity share will be ₹4,002.34 Crores. The lot size of the IPO is 21 shares. Retail investors are required to invest a minimum of ₹ 14,784, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (294 shares), amounting to ₹ 2,06,976.

Axis Capital Limited, BNP Paribas and Nuvama Wealth Management Limited are the book-running lead manager while Link Intime India Private Limited is the registrar for the Issue. 

Carraro India Limited IPO GMP Today
The Grey Market Premium of Carraro India Limited IPO is expected to be ₹76 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Carraro India Limited Day Wise IPO GMP Trend 

Carraro India Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 24 December 2024, the Carraro India IPO live subscription status shows that the IPO subscribed 1.12 times on its Final day of subscription period. Check the Carraro India IPO Live Subscription Status Today at BSE.

Carraro India IPO Anchor Investors Report
Carraro India has raised ₹375 Crores from Anchor Investors at a price of ₹704 per shares in consultation of the Book Running Lead Managers. The company allocate 53,26,703 equity shares to the Anchor Investors. Check Full List of Carraro India Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Carraro India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Carraro India IPO allotment date is 26 December, 2024, Thursday. Carraro India IPO Allotment will be out on 26th December 2024 and will be live on Registrar Website from the allotment date. Check Carraro India IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Carraro India Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Carraro India Limited IPO
Carraro India will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder. For details of Equity Shares offered by the Promoter Selling Shareholder 

Refer to Carraro India Limited RHP for more details about the Company.