Carraro India Ltd. IPO

Carraro India IPO is a book-built issue worth Rs 1,250.00 crores, entirely an offer for sale of 1.78 crore shares. The IPO opens for subscription on December 20, 2024, and closes on December 24, 2024. The allotment is expected to be finalized on December 26, 2024, with a tentative listing date of December 30, 2024, on BSE and NSE. The price band is set at Rs 668 to Rs 704 per share. Retail investors can apply for a minimum lot size of 21 shares, requiring an investment of Rs 14,784. sNII and bNII investments start at Rs 2,06,976 and Rs 10,05,312, respectively.

RHP
View
DRHP
View
Open Date

2024-12-20

Close Date

2024-12-24

Carraro India Ltd. IPO Details

Check out the issue details for Carraro India Ltd. IPO as disclosed in SEBI.

Price Band

₹ 668 - 704

Issue Size

1250 Cr.

Issue Type

Book Built

Open

2024-12-20

Close

2024-12-24

Listing Date

2024-12-30

Company Financials

You can get the following financial statements of Carraro India Ltd. as of now.

Carraro India IPO Details

The details about the Carraro India IPO are as follows:

  • The issue size of the IPO is 1250 Cr.
  • The price band for Carraro India IPO is Rs 668 to Rs 704.
  • The shares of Carraro India IPO will list on 30th December 2024.
  • The latest tentative GMP of Carraro India IPO is Rs 0.
  • The shares of Carraro India IPO are subscribed 0.23 Times.

 

Carraro India IPO Valuation

The approx valuation of Carraro India IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 704
Existing Shares (Qty) 5.68 Cr
Market Cap 3998.72 Cr
EPS (FY24) Rs 11
PE Ratio 64x
Industry PE 55.80x

 

Carraro India IPO Issue Size

Carraro India IPO issue size is 1250 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 1250 Cr

 

Carraro India IPO Market Lot

An individual can apply for a minimum of 1 lot of 21 shares and a maximum of 13 lots of 273 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 21 Rs 14,784
Maximum 13 273 Rs 1,92,192

 

Carraro India IPO Share Offer

The shares of Carraro India IPO are subscribed 0.23 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Carraro India IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 December 2024 Rs 0

Carraro India IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Carraro India IPO Dates

Find below the dates for Carraro India IPO

Schedule Date
Basis of Allotment 26 December 2024
Refunds 27 December 2024
Credit to Demat Account 27 December 2024
IPO Listing Date 30 December 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 992.74 1062.05 1481.56 1695.12 1770.45
Total Expenditure 937.67 1007.23 1424.84 1594.35 1642.28
Operating Profit 55.06 54.83 56.72 100.77 128.17
Other Income 9.98 3.38 21.98 19.84 17.18
Interest 18.18 18.66 15.89 19.51 22.23
Depreciation 31.91 33 34.31 37.72 41.4
Exceptional Items 0 0 0 0 0
Profit Before Tax 14.95 6.54 28.51 63.38 81.72
Provision for Tax 1.48 2.1 7.74 16.58 21.14
Net Profit 13.48 4.44 20.77 46.8 60.58
Adjusted EPS (Rs.) 0.24 0.08 0.37 0.82 1.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 56.85 56.85 56.85 56.85 56.85
Total Reserves 221.97 226.41 245.92 289.02 328.33
Borrowings 75.49 83.87 85.72 130.82 122.32
Other N/C liabilities 167.01 21.17 192.46 206 247.85
Current liabilities 491.39 493.19 571.56 541.32 503.97
Total Liabilities 1012.71 881.49 1152.51 1224.01 1259.32
Assets
Net Block 256.58 254.51 275.01 301.61 350.8
Capital WIP 0 3.32 10.12 9.06 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 182.39 36 199.36 201.26 247.83
Other N/C Assets 0.12 0.16 0.44 0.32 0.18
Current Assets 573.62 587.49 667.58 711.76 660.51
Total Assets 1012.71 881.49 1152.51 1224.01 1259.32
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 14.95 6.54 28.51 63.38 81.72
Adjustment 50.95 54.8 50.34 57.36 56.32
Changes in Assets & Liabilities 14.33 9.4 18.88 -29.68 -5.29
Tax Paid -12.11 -2.28 -8.85 -18.68 -26.03
Operating Cash Flow 68.13 68.46 88.87 72.38 106.73
Investing Cash Flow -46.7 -33.58 -58.92 -63.77 -83.63
Financing Cash Flow 47.72 -96.52 10.71 -12.42 -17.76
Net Cash Flow 69.16 -61.64 40.66 -3.81 5.34
X