Carraro India IPO: Price Band, Key Dates, Issue Details and More

The Indian stock market is buzzing with excitement as Carraro India Limited gears up for its initial public offering (IPO). With the price band set between ₹668 and ₹704 per equity share, this IPO is catching the attention of seasoned investors and first-time market entrants alike. Scheduled for subscription between December 20 and December 24, the Carraro India IPO promises to be one of the year's most sought-after opportunities.

In this comprehensive guide, we’ll delve into the key details, dates, and everything investors need to know about the Carraro India IPO. From the allotment process to expected listing benefits, let’s unravel the opportunities this IPO brings to the table.

Carraro India IPO: Price Band and Key Details

The Carraro India IPO has set its price band between ₹668 and ₹704 per equity share, making it an attractive proposition for retail and institutional investors. The face value of each share stands at Re 1, while the minimum bid lot size is yet to be confirmed.

What Makes the Carraro India IPO Stand Out?

Carraro India Limited has established itself as a key player in the automotive and transmission systems market. Its robust growth trajectory and innovative solutions make it an appealing investment option.

Anchor Investor Allocation Details

Anchor investors play a critical role in IPO success. For Carraro India, the allocation to anchor investors is set for December 19, 2024, a day before the subscription opens to the public. This step will provide the IPO with a strong foundational base.

Carraro India IPO: Subscription Timeline

When Can Investors Subscribe?

The subscription for the Carraro India IPO opens on Friday, December 20, 2024, and closes on Tuesday, December 24, 2024. Investors have a tight window to make their decisions and secure their stake in this promising opportunity.

Allotment and Refund Details

Once the subscription period ends, the basis of allotment will be finalized, likely by December 27, 2024. Refunds for unsuccessful bids are expected to be processed by December 28, with shares credited to the demat accounts of successful bidders by December 30.

Carraro India IPO: Market Listing Expectations

The much-anticipated listing of Carraro India Limited on major stock exchanges, such as the NSE and BSE, is scheduled for January 2, 2025. The listing is expected to generate significant market buzz, given the company's impressive track record.

Company Overview: Why Carraro India Limited Matters

Core Business Areas

Carraro India Limited specializes in producing advanced transmission systems for agricultural and construction machinery. The company’s commitment to innovation and excellence positions it as a market leader.

Recent Financial Performance

The company's financials reflect strong revenue growth and a steady increase in profitability. Over the last fiscal year, Carraro India achieved an impressive net profit margin, underscoring its operational efficiency.

Carraro India IPO: Why Should You Consider Investing?

Solid Market Position

Carraro India’s established brand name and diversified client base are key strengths. Its foothold in the global market for transmission systems adds to its appeal.

Growth Potential

With the increasing demand for high-quality transmission systems, Carraro India is poised for sustained growth. The proceeds from the IPO are expected to fund expansion and research, further enhancing its competitive edge.

Carraro India IPO: Price Band Set at ₹668-704 Per Share; Check Key Dates, Issue Details, More

The Carraro India IPO price band of ₹668-704 per share has garnered widespread attention, reflecting investor confidence in the company’s growth prospects. With the subscription window opening on December 20, this IPO offers an exciting opportunity to participate in the growth journey of a market leader.

Key Dates for Carraro India IPO

FAQs About Carraro India IPO

1. What is the Carraro India IPO price band?

The price band is set between ₹668 and ₹704 per equity share.

2. When does the Carraro India IPO open for subscription?

The subscription period starts on December 20, 2024, and ends on December 24, 2024.

3. How can I apply for the Carraro India IPO?

You can apply through your broker or online trading platforms such as Zerodha, Groww, and Upstox.

4. What is the face value of Carraro India shares?

The face value of each share is Re 1.

5. When will the shares be listed?

The shares are expected to be listed on January 2, 2025.

6. Is Carraro India a good investment?

Given its strong market presence and growth potential, Carraro India presents a promising investment opportunity.

Conclusion

The Carraro India IPO offers a unique opportunity to invest in a company with a proven track record and significant growth potential. With a price band of ₹668-704 and a subscription period set for December 20-24, this IPO could be a game-changer for investors. Keep an eye on key dates and make your move wisely to capitalize on this promising investment.