Carver Roboweld IPO
Last GMP before listing: +₹5 (+6.2%). GMP is unofficial and may differ from the actual listing result.
Updated 04 Nov 2026. Information only, not a recommendation.
About Carver Roboweld
Carver Roboweld, based in Rajkot, Gujarat, makes welding consumables such as metal-cored wires and welding rods and provides engineering services to the forging industry, including die regeneration. It also rents out welding robots to customers. The company was incorporated in 2009 and its revenue depends heavily on forging-sector clients.
| Headquarters | Rajkot, Gujarat |
| Founded | 2009 |
| Key person | Ranjit Chandrabhai Bose, Managing Director |
| Website | http://www.carverroboweld.com |
Carver Roboweld financials
All figures in ₹ Cr. Restated standalone figures, revenue from operations, FY ends 31 March (cross-checked across Groww, StockGro, Angel One and MrMoneyFrugal). Consolidated figures exist only for FY26 (revenue about ₹32.7 Cr, PAT about ₹5.3 Cr per Angel One and Trendlyne), so the standalone series is used for a like-for-like trend.
| Year | Revenue | Profit after tax | Total assets |
|---|---|---|---|
| FY24 | 21.67 | 1.01 | 21.59 |
| FY25 | 24.86 | 1.45 | 32.69 |
| FY26 | 27.02 | 3.48 | 38.26 |
Key performance indicators
EPS, NAV and P/E are FY26 consolidated (basic EPS ₹5.80; NAV ₹18.80); P/E is ₹80 upper band divided by EPS ₹5.80. Standalone FY26 EPS is ₹3.78. Return ratios are left blank because sources use different bases (full-year versus three months to June 2026).
| Indicator | Value |
|---|---|
| EPS pre-IPO ₹ | 5.80 |
| NAV per share ₹ | 18.80 |
| P/E at upper band | 13.79 |
Objects of the Carver Roboweld IPO
| Purpose | Estimated amount |
|---|---|
| Capital expenditure on purchase of welding robots | ₹11.99 Cr |
| Repayment or prepayment of certain borrowings | ₹8.60 Cr |
| General corporate purposes | ₹7.70 Cr |
Strengths and risks
Points drawn from the offer document and news reports. They are facts to read, not advice.
Strengths
- Standalone revenue rose from ₹21.67 Cr in FY24 to ₹27.02 Cr in FY26, while standalone PAT grew from ₹1.01 Cr to ₹3.48 Cr.
- Runs a robot-rental line alongside consumables, so the same customer can buy consumables and robot services.
- Offers forging die regeneration and welding consumables to forging clients from a Rajkot base with service units in other states.
- Promoters are the Bose family, who have run the business since 2009.
Risks
- Revenue relies entirely on demand from the forging industry.
- The top ten clients account for over 80% of operating revenue.
- A few raw material suppliers account for a large share of purchases.
- The issue earmarks ₹8.60 Cr for debt repayment, which shows the business carries borrowings.
Lead managers and registrar
| Lead manager(s) | Smart Horizon Capital Advisors Private Limited |
| Registrar | Bigshare Services Private Limited |
Carver Roboweld IPO: frequently asked questions
What is the issue size of the Carver Roboweld IPO?
The Carver Roboweld IPO is a fresh issue of ₹28.29 Cr.
What are the open and close dates of the Carver Roboweld IPO?
Bidding opens on 28 Oct 2026 and closes on 30 Oct 2026.
What is the price band of the Carver Roboweld IPO?
The price band is ₹76 – ₹80 per share.
What is the lot size and minimum investment in the Carver Roboweld IPO?
One lot is 1,600 shares. Individual investors in an SME IPO must apply for at least 2 lots, so the minimum application is ₹2,56,000 (2 lots, 3,200 shares).
When is the Carver Roboweld IPO allotment date?
Allotment is expected on 02 Nov 2026. You can check it on the registrar’s website (Bigshare Services Pvt. Ltd.) or through your broker.
Where will the Carver Roboweld IPO list?
The shares are proposed to list on BSE SME, with a listing date of 04 Nov 2026.
What is the GMP of the Carver Roboweld IPO?
GMP is an unofficial grey market quote that changes every day. See the latest value, with the date, in the GMP section at the top of this page. It does not guarantee the listing price.
Sources: groww.in, zerodha.com, mrmoneyfrugal.com, www.angelone.in, www.stockgro.club, trendlyne.com.
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