Carraro India
Listed
Listed
IPO Timeline
Issue open date
20 Dec 2024Issue close date
24 Dec 2024UPI mandate deadline
24 Dec 2024Allotment finalization
26 Dec 2024Refund initiation
27 Dec 2024Share credit
27 Dec 2024Listing date
30 Dec 2024Mandate end date
8 Jan 2025Lock-in end date for anchor investors (50%)
25 Jan 2025Lock-in end date for anchor investors (remaining)
26 Mar 2025Key Dates
Open
20 Dec 2024Close
24 Dec 2024Listing
30 Dec 2024Quick Stats
Issue Size:1250cr
Lot Size:21 shares
About the Company
Incorporated in 1997, Carraro India is a technology-driven integrated supplier specializing in developing complex engineering products and solutions for original equipment manufacturers (OEMs). The company is an independent Tier-1 solution provider, producing axles, transmission systems, and gears for agricultural tractors and construction vehicles in India. It operates manufacturing facilities in Pune, with expertise spanning design, prototyping, and testing.
Strengths
No strengths provided as of now. Please check back later.
Risks
- Heavy reliance on top customers for revenue generation.
- Dependency on the Carraro Group for key business operations.
- High exposure to seasonal fluctuations in tractor demand.
- Competitive risks from both domestic and global OEM suppliers.
- Challenges in maintaining and expanding its OEM customer base.
- Risk of disruptions at manufacturing plants in Pune, India.
- Significant exposure to foreign currency exchange rate fluctuations.
- Vulnerability to market risks, including raw material price changes.
- Potential liabilities from hazardous materials and industrial operations.
Carraro India IPO – Frequently Asked Questions
- The price band for the Carraro India IPO is set at ₹668 to ₹704 per share.
- The Carraro India IPO opens on December 20, 2024 and closes on December 24, 2024.
- The tentative listing date for the Carraro India IPO is December 30, 2024.
- You can apply for the Carraro India IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Carraro India, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Carraro India IPO is 21 shares. Investors must apply for at least one lot (i.e., 21 shares).