Carraro India IPO Description – Carraro India is a technology-driven, integrated supplier specializing in developing advanced engineering products and solutions for original equipment manufacturer (OEM) customers. The company operates as an independent Tier II solution provider, offering axles, transmission systems, gears, and other related components for India’s agricultural tractor and construction vehicle industries. With in-house product design and manufacturing capabilities, Carraro India delivers tailored, high-quality solutions to meet industry needs.
The company offers a diverse product range featuring axles and transmission systems across various horsepower (HP) categories for off-highway vehicles in the agricultural and construction sectors. Additionally, it produces gears, shafts, and ring gears for industrial and automotive applications. As of 31 March 2024, Carraro India supplies products to 38 manufacturers in India. The company has established a network of 189 suppliers across 8 Indian states and 68 international suppliers, with its top 10 suppliers maintaining an average partnership of 15 years.
Promoters of Carraro India – Tomaso Carraro, Enrico Carraro, Carraro S.P.A., and Carraro International S.E.
Carraro India IPO Details
| Carraro India IPO Dates | December 2024 |
| Carraro India Issue Price | Coming soon |
| Fresh issue | NIL |
| Offer For Sale | INR 1,811.65 crore |
| Total IPO size | INR 1,811.65 crore |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Carraro India Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 1,481.56 | 1,695.12 | 1,770.45 |
| Expenses | 1,475.03 | 1,651.58 | 1,705.91 |
| Net income | 20.77 | 46.80 | 60.58 |
| Margin (%) | 1.40 | 2.76 | 3.42 |
Carraro India Offer News
Carraro India Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2024 (Post-Issue)* | |
| EPS | 3.65 | 8.23 | 10.66 | 10.66 |
| PE Ratio | – | – | – | – |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 6.86 | 13.53 | 15.73 |
| NAV | 53.26 | 60.84 | 67.75 |
| ROCE (%) | 9.30 | 15.62 | 18.32 |
| EBITDA (%) | 5.23 | 7.03 | 8.13 |
| Debt/Equity | 0.59 | 0.54 | 0.55 |
Carraro India IPO GMP Today (Daily Trend)
Carraro India IPO Subscription – Live Updates
Coming soon
Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Carraro India – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Carraro India | – | 10.66 | 15.73 | 67.75 | 1,770.45 |
| Escorts Kubota | 43.21 | 96.64 | 11.43 | 830.45 | 8,849.62 |
| Schaeffler India | 74.22 | 57.5 | 18.71 | 307.44 | 7,250.91 |
| Sona BLW Precision | 76.93 | 8.83 | 18.49 | 47.75 | 3,184.77 |
Carraro India IPO Allotment Status
Carraro India IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Carraro India IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Carraro India IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Carraro India IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Ajcon Global –
Arihant Capital –
Axis Capital –
Ashika Research –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elara Capital –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
Hensex Securities –
HDFC Securities –
ICICIdirect –
IDBI Capital –
Investmentz –
Indsec Securities –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Mehta Equities –
Nirmal Bang –
Reliance Securities –
Sushil Finance –
Samco Securities –
SBI Securities –
SMC Global –
SMIFS –
Systematix Research –
Swastika Investmart –
Ventura Securities –
Carraro India Offer Lead Manager
AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in
Carraro India Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 8108114949
Email: [email protected]
Website: www.linkintime.co.in
CARRARO INDIA LIMITED
B2/2 MIDC, Ranjangaon,
Pune 412 220, Maharashtra, India
Phone: +91 2138 662666
Email: [email protected]
Website: www.carraroindia.com
Carraro India IPO FAQs
How many shares in Carraro India IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Carraro India Public Offer?
The best way to apply for Carraro India public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Carraro India IPO GMP today?
Carraro India IPO GMP today is INR NA per share.
What is Carraro India’s kostak rate today?
Carraro India kostak rate today is INR NA per application.
What is Carraro India Subject to Sauda rate today?
Carraro India Subject to Sauda rate today is INR NA per application.
