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Karbonsteel Engineering SME IPO Subscription Status

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Karbonsteel Engineering SME IPO closed on 11 September 2025 with an overall subscription of 76.59x based on shares applied. QIB demand came in at 121.61x, NII at 86.34x, and retail at 46.86x.

Allotment will be finalised on 12 September 2025. The stock is scheduled to list on NSE and BSE on 16 September 2025.

Issue Price

Rs 159.00

GMP Today

Rs 25.00 (+15.72%)

Overall Subscription

76.59x

Issue Size

₹56.31 Cr

Allotment Date

12 Sept 2025

Listing Date

16 Sept 2025

Karbonsteel Engineering SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 159.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 11.26 CrRs 1,368.96 Cr121.61x
FII-Rs 347.19 Cr-
DFI-Rs 55.24 Cr-
Mutual Funds---
Other-Rs 966.53 Cr-
NIIRs 8.47 CrRs 731.45 Cr86.34x
bNII (above Rs 10L)Rs 5.65 CrRs 582.35 Cr103.11x
Corporate-Rs 15.53 Cr-
Individual-Rs 560.76 Cr-
Other-Rs 6.05 Cr-
sNII (Rs 2L to Rs 10L)Rs 2.82 CrRs 149.10 Cr52.80x
Corporate-Rs 1.86 Cr-
Individual-Rs 145.57 Cr-
Other-Rs 1.68 Cr-
INDRs 19.72 CrRs 923.83 Cr46.86x
Fixed price-Rs 923.83 Cr-
TotalRs 39.44 CrRs 3,024.24 Cr76.67x

Karbonsteel Engineering SME IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB885660.07x
FII-19-
DFI-2-
Mutual Funds---
Other-45-
NII2229,14341.18x
bNII (above Rs 10L)1485,38936.41x
Corporate-122-
Individual-5,210-
Other-57-
sNII (Rs 2L to Rs 10L)743,75450.73x
Corporate-48-
Individual-3,662-
Other-44-
IND77536,31446.86x
Fixed price-36,314-
Total1,88245,52324.19x

What Do These Subscription Numbers Mean?

A subscription of 76.59x by shares means the IPO received bids for 77 times the shares reserved. Allotment odds depend on application count in each category, not share volume.

Here is what each category number tells you:

QIB at 121.61x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 121.61x, it reflects serious institutional conviction.

NII at 41.18x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 36.41x and sNII at 50.73x by applications. Share subscription was 86.34x. Allotment uses application count, not share volume.

At 46.86x subscription by applications, approximately 1 in 47 retail applicants can expect an allotment (~2% per application). Retail allotment is done by lottery when oversubscribed.

Karbonsteel Engineering SME IPO Allotment Chances

Allotment odds below use application subscription (number of bids received), not share or amount subscribed.

Retail (IND)

  • Application subscription: 46.86x.
  • Allotment odds: about 1 in 47 (~2% chance per application).
  • Method: Lottery. If allotted, you receive at least one lot.
  • One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.

SHNI (Rs 2 lakh to Rs 10 lakh)

  • Application subscription: 50.73x.
  • Allotment odds: about 1 in 51 for a minimum-lot application (~2% of the applied lot on average).
  • Method: Proportional. Shares allotted are based on your bid size, not a lottery.
  • Share subscription was 52.80x. Allotment uses application count, not share volume.

BHNI (above Rs 10 lakh)

  • Application subscription: 36.41x.
  • Allotment odds: about 1 in 36 for a minimum-lot application (~3% of the applied lot on average).
  • Method: Proportional. Shares allotted are based on your bid size, not a lottery.
  • Share subscription was 103.11x. Allotment uses application count, not share volume.

Check the Karbonsteel Engineering SME IPO Allotment Status page from 12 September 2025 for your allotment result.

Karbonsteel Engineering SME IPO GMP After Subscription

GMP for Karbonsteel Engineering SME stands at Rs 25.00 today, giving an estimated listing price of Rs 184.00 per share.

A subscription of 76.59x combined with a GMP of 15.72% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Karbonsteel Engineering SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Karbonsteel Engineering SME IPO Day-wise Subscription

DayQIBNIIRetailOverall
Day 1 - 9 Sept 20250.28x2.42x0.69x0.94x
Day 2 - 10 Sept 20254.11x4.82x2.47x3.45x
Day 3 - 11 Sept 2025121.61x85.98x46.76x76.54x

Karbonsteel Engineering SME IPO Key Dates

EventDate
IPO Open Date9 September 2025
IPO Close Date11 September 2025
Allotment Date12 September 2025
Refund Initiation13 September 2025
Share Credit to Demat13 September 2025
Listing Date16 September 2025
Minimum InvestmentRs 2,54,400.00
Lot Size800 shares

About Karbonsteel Engineering SME

No company information available

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors

High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.

IND - Individual Investors

Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.

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Karbonsteel Engineering SME IPO Subscription FAQs

What is Karbonsteel Engineering SME IPO subscription status today?

Karbonsteel Engineering SME IPO subscription closed on 11 September 2025 with overall subscription of 76.59x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 121.61x, NII 41.18x, IND 46.86x.

What is the overall subscription of Karbonsteel Engineering SME IPO?

Karbonsteel Engineering SME IPO is subscribed 76.59x overall by shares at close on 11 September 2025. QIB 121.61x, NII 41.18x, and IND 46.86x.

What is Karbonsteel Engineering SME IPO QIB subscription?

Karbonsteel Engineering SME IPO QIB (Qualified Institutional Buyers) subscription is 121.61x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Karbonsteel Engineering SME IPO IND subscription?

Karbonsteel Engineering SME IPO IND subscription is 46.86x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.

What is Karbonsteel Engineering SME IPO NII subscription?

Karbonsteel Engineering SME IPO NII (Non-Institutional Investors) subscription is 41.18x by applications. NII covers bids above Rs 2 lakh.

What are allotment chances in Karbonsteel Engineering SME IPO for retail?

At 46.86x subscription by applications, approximately 1 in 47 retail applicants can expect an allotment (~2% per application). Allotment is done by lottery.

When is Karbonsteel Engineering SME IPO allotment date?

Karbonsteel Engineering SME IPO allotment date is 12 September 2025. Check Karbonsteel Engineering SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Karbonsteel Engineering SME IPO subscription close?

Karbonsteel Engineering SME IPO subscription closed on 11 September 2025. No new applications are accepted after the close.

What is Karbonsteel Engineering SME IPO GMP today?

Karbonsteel Engineering SME IPO GMP is ₹25 today (+15.72% over issue price ₹159). See live GMP on the Karbonsteel Engineering SME IPO GMP Today page.

What is Karbonsteel Engineering SME IPO issue price and lot size?

Karbonsteel Engineering SME IPO issue price is ₹159 per share. Lot size is 800 shares. Minimum investment is ₹2,54,400 per lot (minimum 2 lots for SME). Issue size: ₹56.31 Cr.

When is Karbonsteel Engineering SME IPO listing date?

Karbonsteel Engineering SME IPO listing date is 16 September 2025 on NSE and BSE. Allotment is on 12 September 2025.

How does subscription affect Karbonsteel Engineering SME IPO allotment?

Allotment odds in Karbonsteel Engineering SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 41.18x by applications means roughly 1 in 41 for minimum-lot bids; bNII at 36.41x (~1 in 36). At 76.59x overall, competition is very high.

For allotment results from 12 September 2025, visit the Karbonsteel Engineering SME IPO Allotment Status page. For listing day updates on 16 September 2025, download the IPOwiz App.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Subscription data verified before publish.