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HomeIPOCarver Roboweld

About Carver Roboweld

Carver Roboweld manufactures welding consumables comprising metal cored wires, welding rods and gauging electrodes. It also supplies welding spare parts and accessories and provides forging die regeneration and welding robot rental services. The company acquired Carver Engineering Private Limited on September 26, 2025; the subsidiary undertakes reconditioning and refurbishment of plant and machinery, heavy fabrication, machining and turnkey engineering assignments for industrial customers. The company operates its manufacturing facility at Bamanbore, Rajkot, and service units in Pune, Hosur and Ludhiana. In FY26, the Bamanbore unit contributed 41.1% of revenue from operations, while Pune, Hosur and Ludhiana contributed 19.3%, 29.7% and 9.8%, respectively. Its sales were domestic: Karnataka accounted for 48.8% of FY26 revenue, followed by Maharashtra at 19.3%, Tamil Nadu at 14.1% and Punjab at 8.6%. In FY26, products generated 77.4% of revenue from operations and services generated 22.5%. Metal cored wires were the largest category at 68.04%, followed by forging die and regeneration services at 13.4%, welding robot rentals at 9.1%, welding rods at 7.5%, gauging electrodes at 1.1% and welding spare parts at 0.7%. From FY24 to FY26, metal cored wires increased from 63.09% to 68.04% of revenue and robot rentals increased from 3.56% to 9.16%, while forging die and regeneration services declined from 18.73% to 13.42%. Aggregate installed production capacity increased from 500 tonnes in FY24 and FY25 to 650 tonnes in FY26. Total production was 338.55 tonnes, 394.86 tonnes and 513.03 tonnes, respectively, translating into utilisation of 67.7%, 78.9% and 78.9%. The FY26 capacity comprised 500 tonnes of welding wires and 150 tonnes of welding rods, with utilization of 89.8% and 42.5%, respectively. The company owns 12 welding robots deployed on rent; rental customers are required to use its metal-cored wires, linking rental revenue with consumable sales. The top ten customers contributed 80.7% of FY26 revenue, and repeat customers generated 98.9% of FY26 revenue. Raw materials are procured from domestic and international markets, with raw materials and welding robot accessories sourced from China, the United States and the Netherlands.

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Carver Roboweld

Carver Roboweld

Open Date

Oct 28, 2026

Close Date

Oct 30, 2026

listed

Min Investment

₹2,56,000

Lot Size

1600 Shares

Issue Size

₹28.29 Cr

Price Range

₹76 - ₹76

Listing Date

Nov 4, 2026

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RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹4(+5.00%)GMP
2.5%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Carver Roboweld IPO - Issue Objectives

₹11.99 crore will fund 27 welding robots for the rental business. ₹8.60 crore will be used to repay bank and financial institution borrowings. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

42.3%

Repayment of borrowings

30.4%

General corporate purposes

27.2%

1

Capital expenditure

₹11.99 crore will fund 27 welding robots for the rental business.

42.30%
2

Repayment of borrowings

₹8.60 crore will be used to repay bank and financial institution borrowings.

30.40%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

27.20%

IPO Subscription Status

QIB
26.33x
NII
40.74x
Individual
19.17x
Total
25.87x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Carver Roboweld

In Cr.

Contact Details

Carver Roboweld

Office no. 1403, Space Odyssey, Near KKV Hall, 150 Feet Ring Road, Mota Mava, Rajkot, Gujarat, 360005

9727797000
investor@carver.co.in
https://www.carverroboweld.com/

Carver Roboweld IPO - FAQs

Carver Roboweld IPO is a SME IPO. The issue is priced at 76-₹80. The minimum order quantity is 1600 Shares. The IPO opens on 28 Oct, and closes on 30 Oct. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-10-27
  • Bidding Starts2026-10-28
  • Bidding Ends2026-10-30
  • Allotment Finalisation2026-11-02
  • Release of Funds2026-11-02
  • Demat Transfer2026-11-03
  • Listing2026-11-04