Carver Roboweld IPO
Carver Roboweld IPO is an upcoming SME book-built public issue scheduled to open on October 28, 2026, and close on October 30, 2026. The company manufactures welding consumables and provides engineering services, including robotic welding solutions, forgi
Carver Roboweld IPO Details
Carver Roboweld IPO bidding is scheduled to start on October 28, 2026, and end on October 30, 2026. The basis of allotment is expected on November 2, 2026, while the shares are scheduled to list on BSE SME on November 4, 2026. The price band, lot size and minimum investment details are awaited.
Carver Roboweld IPO Timeline (Tentative)
Carver Roboweld IPO is scheduled to open for subscription on October 28, 2026, and close on October 30, 2026. The basis of allotment is expected to be finalised on November 2, 2026. Refund initiation and Demat credit are expected to follow, with the shares scheduled to list on BSE SME on November 4, 2026. These dates are tentative and may be revised through official announcements.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Wed, Oct 28, 2026 |
| IPO Close Date | Fri, Oct 30, 2026 |
| Basis of Allotment | Mon, Nov 2, 2026 |
| Initiation of Refunds | Mon, Nov 2, 2026 |
| Credit of Shares to Demat | Tue, Nov 3, 2026 |
| Listing Date | Wed, Nov 4, 2026 |
Carver Roboweld IPO Lot Size
The Carver Roboweld IPO lot size and price band have not yet been confirmed in the available information. Consequently, the minimum application amount, maximum retail application and HNI application limits cannot be calculated reliably. These details should be updated after the company announces the final price band and lot size.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,56,000 |
| Retail (Max) | 2 | 3,200 | ₹2,56,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11,200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,24,000 |
Carver Roboweld IPO Reservation
Carver Roboweld IPO proposes to issue 35,36,000 equity shares, including a separately reserved market-maker portion. Available offer information identifies 9,96,800 shares for anchor investors, 6,68,800 shares for qualified institutional buyers, 5,12,000 shares for non-institutional investors and 11,80,800 shares for retail investors. The final reservation details and applicable issue price will need to be confirmed from the final offer document.
Carver Roboweld IPO Subscription
Carver Roboweld IPO subscription figures are not yet available because the bidding period is scheduled to begin on October 28, 2026. Category-wise demand from qualified institutional buyers, non-institutional investors and retail investors will become available during the subscription period. The final subscription multiple will be determined after bidding closes on October 30, 2026.
| Category | Subscription (times) |
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| QIB | |
| NII | |
| RII | |
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About Carver Roboweld
Carver Roboweld Limited is an Indian engineering company established in 2009. It operates in the welding consumables and industrial engineering segments, manufacturing products used in welding, metal fabrication, equipment maintenance and industrial production. Its product range includes metal-cored wires, welding rods and gouging electrodes designed for a variety of industrial applications.
The company has expanded beyond consumable manufacturing to offer engineering services for industrial customers. These services include forging die manufacturing and regeneration, CNC machining, VMC machining and robotic welding solutions. It also offers welding robot rental services, allowing customers to access automated welding capabilities without necessarily purchasing the equipment outright.
Carver Roboweld serves applications across automotive manufacturing, heavy engineering, fabrication and other industrial sectors. Its metal-cored wires are designed for manual and robotic welding, while its electrodes and welding rods support joining, repair, metal removal and maintenance work. The company's engineering services complement its consumables business by addressing customers' tooling, machining and welding automation requirements.
The company has manufacturing operations in Gujarat and additional works locations in Tamil Nadu, Maharashtra and Punjab. Its infrastructure includes production facilities, welding and testing capabilities, and a research and development function for application-oriented products and services. Its business performance depends on industrial demand, manufacturing activity, customer relationships, raw material costs and its ability to compete on quality, delivery and pricing.
Strengths
- Established operating history in welding consumables and industrial engineering since 2009.
- Diversified offerings across metal-cored wires, welding rods, gouging electrodes and welding-related products.
- Additional engineering services, including forging die regeneration, CNC machining and robotic welding.
- Exposure to industrial applications such as automotive manufacturing, fabrication and heavy engineering.
- Opportunities to serve customers seeking welding automation and integrated manufacturing support.
- Existing manufacturing infrastructure and application-focused technical capabilities.
Risks to Consider
- The company operates in a competitive industrial market where pricing, product quality and delivery timelines can affect profitability.
- Demand for welding consumables and engineering services may fluctuate with industrial activity and capital expenditure.
- Changes in the prices or availability of raw materials can affect production costs and operating margins.
- The business must maintain product quality and technical performance to retain customers and compete effectively.
- Expansion in robotic welding and engineering services may require investment, technical expertise and continued customer adoption.
- Investors should examine the risk factors, customer concentration, indebtedness and working-capital requirements disclosed in the final offer document before making an investment decision.
Carver Roboweld Financials (₹ Cr)
Carver Roboweld reported total income of ₹21.67 crore in FY2024, ₹24.97 crore in FY2025 and ₹27.12 crore in FY2026. Profit after tax increased from ₹1.01 crore in FY2024 to ₹1.45 crore in FY2025 and ₹3.48 crore in FY2026. For the quarter ended June 2026, the company reported total income of ₹7.71 crore and profit after tax of ₹1.49 crore. Total assets increased to ₹38.26 crore in FY2026 from ₹32.69 crore in FY2025.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | 21.67 | 1.01 | 21.59 | 3.11 |
| FY2025 | 24.97 | 1.45 | 32.69 | 4.56 |
| FY2026 | 27.12 | 3.48 | 38.26 | 16.13 |
| Quarter ended June 2026 | 7.71 | 1.49 | 39.45 | 17.62 |
KPIs & Valuation
Carver Roboweld reported earnings per share of ₹3.78 for FY2026 and ₹1.56 for the quarter ended June 2026 in the available IPO data. The reported return on net worth was 21.57% for FY2026 and 8.48% for the June 2026 quarter. Return on capital employed was 21.64% for FY2026 and 8.27% for the June 2026 quarter. Since the final IPO price band is awaited, the pre-IPO and post-IPO P/E ratios cannot yet be calculated reliably.
Objects of the Issue
Carver Roboweld proposes to raise funds through a fresh issue of equity shares. Available offer information indicates that the company intends to use a significant portion of the proceeds to purchase welding robots, repay or prepay certain borrowings and meet general corporate requirements. The final allocation of funds should be checked against the company's offer document. The company proposes to utilise the IPO proceeds for:
- Purchase of welding robots.
- Repayment and/or prepayment, in full or part, of certain borrowings.
- General corporate purposes.
- The exact amounts allocated to each object should be added after confirmation from the final offer document.
Promoters, Lead Managers & Registrar
Carver Roboweld Limited's IPO is managed by Smart Horizon Capital Advisors Private Limited as the Book Running Lead Manager. Bigshare Services Private Limited is identified as the registrar responsible for IPO application and allotment-related services. Investors should use the registrar's official website to check allotment status once the basis of allotment is finalised.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Bigshare Services Private Limited |
|---|---|
| Phone | 8657578989 / 8069219065 / 8069219060 |
| ipo@bigshareonline.com | |
| Website | https://www.bigshareonline.com/ |
Carver Roboweld IPO Review
Carver Roboweld operates in the industrial welding and engineering segment, with a business that combines the manufacture of welding consumables with value-added services such as robotic welding, forging die regeneration and precision machining. This combination gives the company exposure to both recurring consumable requirements and specialised engineering work. Its established operating history and broad product offering are relevant factors when evaluating its business profile.
The company's reported financial figures show an increase in total income from ₹24.97 crore in FY2025 to ₹27.12 crore in FY2026. Profit after tax rose from ₹1.45 crore to ₹3.48 crore over the same period. These figures indicate improved reported profitability, although investors should also assess cash flows, borrowings, margins and the sustainability of earnings before drawing conclusions.
A potential positive is the company's involvement in robotic welding and related engineering solutions, alongside its existing welding consumables business. However, competition, raw material costs, industrial demand, working-capital requirements and the company's ability to execute its expansion plans remain important considerations.
The IPO price band and final issue valuation have not yet been confirmed in the available information. A meaningful valuation assessment therefore cannot be completed at this stage. Investors should review the final issue price, post-issue share capital, earnings per share, price-to-earnings ratio and the risk factors before deciding whether to subscribe.
How to Apply
Carver Roboweld IPO applications can generally be submitted through a supported stockbroker or bank using the ASBA facility, or through UPI where permitted for the relevant investor category. Investors should confirm the final price band, lot size, bidding limits and application dates before applying.
Through UPI
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Log in to your stockbroker's app or website.
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Open the IPO section.
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Select Carver Roboweld IPO when applications become available.
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Enter the number of lots you want to apply for, within the applicable category limits.
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Select your bid price. Choose the cut-off option if available and appropriate for your application category.
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Enter your valid UPI ID.
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Submit the IPO application.
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Open your UPI application when the mandate request arrives.
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Approve the mandate using your UPI PIN before the deadline.
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The application amount will be blocked in your bank account. If shares are allotted, the amount required will be debited; otherwise, the blocked amount will be released according to the applicable process.
Prospectus & Documents
Investors should refer to Carver Roboweld's Draft Red Herring Prospectus (DRHP), Red Herring Prospectus (RHP) and final prospectus for detailed information about the company's business, financial performance, risk factors, IPO structure, promoters and utilisation of proceeds. The final prospectus and related offer documents should be checked when published to verify the final issue terms.
Last updated Oct 23, 2026.