Karbonsteel Engineering Ltd Share Price

History of Karbonsteel Engineering Ltd

Karbonsteel Engineering Limited was incorporated on April 21, 2011 under the name of 'Karbon Steelmart Private Limited', a private limited Company, with the Registrar of Companies, Maharashtra. Further, Company name was changed from Karbon Steelmart Private Limited' to 'Karbonsteel Engineering Private Limited' on March 2, 2022. Thereafter, the status was converted from private limited to public limited and the name was changed to 'Karbonsteel Engineering Limited' vide fresh Certificate of Incorporation dated June 24, 2024 issued by the RoC, Central Processing Centre. The Company is engaged in the business of structural engineering and fabrication, specializing in the design, manufacturing, and assembly of heavy and precision steel structures. It has delivered structural engineering and ... fabrication solutions in diverse sectors including steel plants, railway bridges, oil & gas plants, refineries, chemical plants and other industrial units. Their fabricated structures form an integral part of the construction, expansion or modernization of industrial and infrastructure projects, including industrial plants, high rise structures, railway bridges and other large-scale developments. Some of their esteemed customers include Arcelor Mittal Nippon Steel India Limited, Tata Projects Limited, John Cockerill India Limited, Ray Engineering Private Limited, JSW Severfield Structures Limited and Panametrics Engineering Private Limited. In the past, Company operated in both manufacturing and trading, with trading primarily involving steel products such as hot-rolled plates, mild steel plates, mild steel angles, mild steel rounds, and steel channels. It works 2 manufacturing facilities at Umbergaon, District Valsad, Gujarat, and Khopoli, District Raigad, Maharashtra into production of heavy and precision steel fabricated structures, PEBs and steel bridge structures, with a combined installed capacity of 32,400 MT per annum. Umbergaon facility commenced operations in 2017, while the Raigad facility has been operational since 2014. Both manufacturing facilities are ISO 9001:2015 certified for Quality Management Systems and ISO 14001:2015 certified for Environmental Management Systems. The Company has ramped up its allocation toward railway sector in FY 2025. It completed fabrication and supply of 10,000 MT of steel bridge structures work of Mumbai-Ahmedabad High-Speed Rail (MAHSR) project in FY 2025. The Company launched the IPO by issuing 37,29,600 equity shares of Rs 10 each and raising Rs 59.30 Crore funds, consisting a fresh issue of 30,39,600 equity shares aggregating to Rs 48.33 Cr and the offer for sale of 6,90,000 equity shares aggregating to Rs 10.97 Cr in September, 2025.