Carraro India Limited IPO
Carraro India Limited was a mainboard IPO in the Auto Components & Equipments sector, offered at ₹668–₹704 per share to raise ₹375 crore. The issue was subscribed 1.12× overall (QIBs 2.21×, NIIs 0.6×, retail 0.71×). It listed on 30 Dec 2024 at ₹651 and closed its first day at ₹636, a listing loss of -9.6% versus the ₹704 issue price. It now trades around ₹479 (-32.0% versus the issue price).
Frequently asked questions
- How many times was the Carraro India Limited IPO subscribed?
- The Carraro India Limited IPO was subscribed 1.12× overall — 2.21× in the QIB category, 0.6× among non-institutional investors, 0.71× in retail.
- What were the Carraro India Limited IPO listing gains?
- Carraro India Limited listed on 30 Dec 2024 at ₹651, closing its first day at ₹636 — a listing loss of -9.6% versus the ₹704 issue price.
- What were the retail allotment odds for the Carraro India Limited IPO?
- Retail was subscribed 0.71×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 26 Dec 2024.
- What was the price band and lot size of the Carraro India Limited IPO?
- The price band was ₹668–₹704 per share, with a minimum lot of 21 shares (₹14,784 at the upper band).
- Who were the registrar and lead manager for the Carraro India Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.