BSE List Price : ₹90.00

Subscription

Category	Times
QIBs	26.33x
HNIs	40.74x
Retail	19.17x
Total : 25.87x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	3,200	₹256,000
Retail Maximum	2	3,200	₹256,000
S - HNI Minimum	3	4,800	₹384,000
S - HNI Maximum	7	11,200	₹896,000
B - HNI Minimum	8	12,800	₹1,024,000

About the Company

Carver Roboweld Limited manufactures welding consumables and provides engineering services for the forging industry. Its manufacturing facility is located in Bamanbore Rajkot Gujarat. The company also operates service units in Pune Ludhiana and Hosur.

Business Model: The company earns revenue from manufacturing welding consumables supplying welding accessories and providing robotic welding automation and forging die services.

Products & Services

• Welding rods

• Metal-cored wires

• Gouging electrodes

• Welding spare parts and accessories

• Robotic welding systems

• Welding robot rental services

• Forging die manufacturing and regeneration

• Repair and maintenance services

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹21.67	₹20.26	₹1.01	₹21.59
2025	₹24.97	₹22.90	₹1.45	₹32.69
2026	₹27.12	₹22.33	₹3.48	₹38.26
June 2026	₹7.71	₹5.67	₹1.49	₹39.45

Company Promoter

Ranjit Chandrabhai Bose

Rajit Chandra Bose

Deval Ranjitbhai Bose

Know before investing

• • Strengths

  • Profit after tax rose from Rs 1.01 crore in FY2024 to Rs 1.45 crore in FY2025 and Rs 3.48 crore in FY2026, a 140% increase in the last year.

  • EBITDA grew from Rs 4.12 crore in FY2024 to Rs 8.36 crore in FY2026, with an EBITDA margin of 30.94% and PAT margin of 12.87%.

  • Return on equity of 33.63% and return on capital employed of 21.64%.

  • Net worth grew from Rs 3.11 crore on 31 March 2024 to Rs 16.13 crore on 31 March 2026.

  • Integrated business model combining welding consumables manufacturing with robotic welding automation and forging die services.

  • Manufacturing facility at Bamanbore, Rajkot with installed capacity of 650 tonnes per year for metal cored wires and welding rods.

  • The entire issue is fresh, so all proceeds go to the company for welding robots and debt repayment.

• • Risks

  • Industry concentration: Revenue depends on customers operating in the forging industry.

  • Customer concentration: The top ten customers reportedly contribute more than 80% of revenue.

  • Supplier dependence: Reliance on a limited number of raw material suppliers may affect production and margins.

  • Procurement risk: Delays in purchasing welding robots could affect planned capital expenditure.

  • Compliance risk: The company has disclosed past delays in certain statutory payments and filings.

Objects of the Issue & Utilisation of proceeds

• Procurement of Welding Robots - Rs 11.99 Cr

• Repayment or Prepayment of Existing Borrowings - Rs 8.60 Cr

• General Corporate Purposes

Company Address

Carver Roboweld Ltd.
Office no. 1403, Space Odyssey
Near KKV Hall, 150 Feet Ring Road
Mota Mava
Rajkot, Gujarat, 360005
Phone: +91 9727797000
Email: investor@carver.co.in
Website: https://www.carverroboweld.com/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html