{"id":41090,"date":"2024-12-20T12:55:23","date_gmt":"2024-12-20T07:25:23","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=41090"},"modified":"2024-12-20T12:55:23","modified_gmt":"2024-12-20T07:25:23","slug":"carraro-india-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/carraro-india-ipo\/","title":{"rendered":"Carraro India IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41090\" class=\"elementor elementor-41090\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eda3cba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eda3cba\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6709e7d\" data-id=\"6709e7d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8ccd526 elementor-widget elementor-widget-text-editor\" data-id=\"8ccd526\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Carraro India IPO is a book-built issue of Rs 1,250.00 crores. The issue is entirely an offer for the sale of 1.78 crore shares.<\/span><\/p><p><span style=\"color: #000000;\">The IPO opens for subscription on December 20, 2024, and closes on December 24, 2024. The price band is set at \u20b9668 to \u20b9704 per share and the minimum lot size for an application is 21 shares.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a44dd4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a44dd4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-46c8eed\" data-id=\"46c8eed\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3f38cb8 elementor-widget elementor-widget-text-editor\" data-id=\"3f38cb8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong><b>Company Summary <\/b><\/strong><\/span><\/p><p><span style=\"color: #000000;\">Incorporated in 1997, Carraro India Ltd is engaging in manufacturing components ranging from the smallest gear to complete tractor manufacturing.<\/span><\/p><p><span style=\"color: #000000;\">The company designs manufactures, and sells transmission systems (axles, transmissions, and drives) primarily for agricultural and construction equipment for off-highway vehicles. It also offers a wide range of gear for various sectors, including automotive, trucks agricultural, and construction vehicles.<\/span><\/p><p><span style=\"color: #000000;\">The company owns and operates two manufacturing plants in Pune, Maharashtra, India. The driveline manufacturing plant occupies a plot area of approximately 84,000 square meters, while the gear manufacturing plant covers an area of approximately 78,000 square meters.<\/span><\/p><p>\u00a0<span style=\"color: #000000;\"><strong><b>Products:<\/b><\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong><b>Agricultural tractors:<\/b><\/strong>\u00a0They manufacture axles and transmission systems for agricultural tractors which include special requirements on technical specifications, use cases, and mechanical and structural design.<\/span><\/p><p><span style=\"color: #000000;\"><strong><b>Construction vehicles: <\/b><\/strong>They manufacture gears and transmission systems for backhoe loaders, compact wheel loaders, telehandlers, cranes, forklifts, aerial working platforms, etc.<\/span><\/p><p><span style=\"color: #000000;\"><strong><b>Others:<\/b><\/strong>\u00a0They manufacture a diverse range of products beyond their core offerings of axles and transmissions for agricultural and construction equipment, which include additional products such as gears, shafts, and ring gears for industrial and automotive vehicles.<\/span><\/p><p><span style=\"color: #000000;\">As of September 30, 2024, the company&#8217;s local quality and after-sales team consisted of 87 full-time employees and 53 contractual temporary employees.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2221ed8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2221ed8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a5e9c0b\" data-id=\"a5e9c0b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42bcfd9 elementor-widget elementor-widget-text-editor\" data-id=\"42bcfd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Competitive Strengths:<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Tier 1 suppliers of transmission systems and a key supplier of axles in India&#8217;s agricultural tractor and construction vehicle industries with competitive moats for mission-critical and complex driveline components.<\/span><\/li><li><span style=\"color: #000000;\">Customer-centric offering of customized solutions to a longstanding OEM customer base.<\/span><\/li><li><span style=\"color: #000000;\">Longstanding relationships with marquee local and international supplier base.<\/span><\/li><li><span style=\"color: #000000;\">Strong, in-house R&amp;D capabilities with proprietary IP rights to facilitate innovation of future-ready products.<\/span><\/li><li><span style=\"color: #000000;\">Technologically advanced manufacturing plants with large production capacities and in-house gear production capabilities.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc37dae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc37dae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2894de3\" data-id=\"2894de3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74b5932 elementor-widget elementor-widget-text-editor\" data-id=\"74b5932\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Financials<\/strong><\/span><\/p><table><tbody><tr><td width=\"113\"><span style=\"color: #000000;\"><strong>Period Ended<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong>30 Sep 2024<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong>31 Mar 2024<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong>31 Mar 2023<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong>31 Mar 2022<\/strong><\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\"><strong>Assets<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,093.41<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,072.89<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,072.39<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,012.44<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\"><strong>Revenue<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">922.74<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,806.55<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,733.3<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">1,520.05<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\"><strong>Profit After Tax<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">49.73<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">62.56<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">48.46<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">22.43<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\"><strong>Net Worth<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">419.44<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">369.82<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">337.38<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">292.49<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\"><strong>Total Borrowing<\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">195.78<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">212.55<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">188.33<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">178.14<\/span><\/td><\/tr><tr><td colspan=\"5\" width=\"568\"><p style=\"text-align: right;\"><span style=\"color: #000000;\">Amount in \u20b9 Crore<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c2a8721 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c2a8721\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47bfde7\" data-id=\"47bfde7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9dc7c0c elementor-widget elementor-widget-text-editor\" data-id=\"9dc7c0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Objectives of the IPO<br \/><\/strong><\/span><span style=\"color: #000000;\">The Company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer-related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8dba2c3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8dba2c3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ed49d8d\" data-id=\"ed49d8d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ec98a99 elementor-widget elementor-widget-text-editor\" data-id=\"ec98a99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Promoters of the company<br \/><\/strong>Tomaso Carraro, Enrico Carraro, Carraro S.p.A and Carraro International S.E are the company&#8217;s promoters.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bcb0ab7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bcb0ab7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-db2f611\" data-id=\"db2f611\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fda8942 elementor-widget elementor-widget-text-editor\" data-id=\"fda8942\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong><b>\u00a0<\/b><\/strong><strong><b>IPO details <\/b><\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>IPO Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">December 20, 2024 to December 24, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Monday, December 30, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Face Value<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b910 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Price Band<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b9668 to \u20b9704 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Lot Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">21 Shares<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Issue Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,77,55,680 shares (aggregating up to \u20b91,250.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Offer for Sale<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,77,55,680 shares of \u20b910 (aggregating up to \u20b91,250.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Type<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing At<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">BSE, NSE<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3dbc57e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3dbc57e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-779d84f\" data-id=\"779d84f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c0b4c1b elementor-widget elementor-widget-text-editor\" data-id=\"c0b4c1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Lot Allocation details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Application<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Lots<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Amount<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1<\/span><\/td><td><span style=\"color: #000000;\">21<\/span><\/td><td><span style=\"color: #000000;\">\u20b914,784<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">13<\/span><\/td><td><span style=\"color: #000000;\">273<\/span><\/td><td><span style=\"color: #000000;\">\u20b91,92,192<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">14<\/span><\/td><td><span style=\"color: #000000;\">294<\/span><\/td><td><span style=\"color: #000000;\">\u20b92,06,976<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">67<\/span><\/td><td><span style=\"color: #000000;\">1,407<\/span><\/td><td><span style=\"color: #000000;\">\u20b99,90,528<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>B-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">68<\/span><\/td><td><span style=\"color: #000000;\">1,428<\/span><\/td><td><span style=\"color: #000000;\">\u20b910,05,312<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0125707 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0125707\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6dd22f2\" data-id=\"6dd22f2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc79b18 elementor-widget elementor-widget-text-editor\" data-id=\"dc79b18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Allotment Schedule<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Basis of Allotment<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thursday, December 26, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Initiation of Refunds<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, December 27, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>The credit of Shares to Demat<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, December 27, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Monday, December 30, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Cut-off time for UPI mandate confirmation<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5 PM on December 24, 2024<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cbd8774 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cbd8774\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e5f9bd3\" data-id=\"e5f9bd3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33a00cd elementor-widget elementor-widget-text-editor\" data-id=\"33a00cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO Reservation<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Investor Category <\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares Offered<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>QIB Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not more than 50% of the Net Offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail shares offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 35% of the Net Offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Nii (HNI) shares offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 15% of the Net Offer<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c946a83 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c946a83\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-76d992b\" data-id=\"76d992b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc5ebc0 elementor-widget elementor-widget-text-editor\" data-id=\"dc5ebc0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To check allotment, <a href=\"https:\/\/linkintime.co.in\/Initial_Offer\/public-issues.html\" target=\"_blank\" rel=\"noopener\">click here<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b780726 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b780726\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8e6480\" data-id=\"e8e6480\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a72a870 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"a72a870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Carraro India IPO is a book-built issue of Rs 1,250.00 crores. The issue is entirely an offer for&hellip;","protected":false},"author":5,"featured_media":41101,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,23,55],"class_list":{"0":"post-41090","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-stock-market","10":"tag-upcoming-ipo","11":"cs-entry","12":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Carraro India IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/carraro-india-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carraro India IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Carraro India IPO is a book-built issue of Rs 1,250.00 crores. 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