Carver Roboweld Ltd.
CARVERSME
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Overview
Carver Roboweld Limited (CRL) manufactures welding consumables such as metal cored wires, welding rods and gouging electrodes, and complements product sales with value-added engineering services focused on the forging ecosystem, including forging die regeneration and welding robot rental. Carver Roboweld Limited also supplies welding spares and accessories, operates a main manufacturing facility in Bamanbore (Rajkot, Gujarat) with service units in Pune, Hosur and Ludhiana, and serves customers across multiple Indian states with a business mix that includes recurring revenue from robot rentals tied to consumables supply.
- Opening Date
Oct 28, 2026
- Closing Date
Oct 30, 2026
- Listing Date
Nov 04, 2026
- IPO Type
SME
- IPO Status
Upcoming
- Issue Size
28.29 Cr
- Fresh Issue
28.29 Cr
- Offer for Sale
0 Cr
- Price Band
₹76 - ₹80
- Lot Size
1600
IPO Timeline
Financials
Use of IPO funds
Key Performance Indicator
- P/E Ratio
21.98
- EPS
3.64
- ROE
8.48%
- ROCE
8.27%
- RONW
8.48%
- Debt to Equity Ratio
0.7
- PAT Margin
19.37%
- EBITDA Margin
36.9%
- P/B
4.34
Bull vs Bear
Bull case
- •
Robot rentals can lock in customers, since lessees must buy the company’s consumables, creating repeat demand and steadier cash flow.
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A multi-location setup can cut service time and delivery delays, helping retain industrial clients where downtime is expensive.
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Capacity expansion in metal cored wire can support larger orders without depending on outsourcing, improving reliability for long-term customers.
Bear case
- •
Customer concentration is extreme; losing one large client could quickly cut revenue and cash inflows, hurting stability for long-term shareholders.
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Raw material costs are a big swing factor; when materials rise faster than selling prices, margins can shrink even if sales grow.
- •
Supplier concentration is high; disruption or price hikes from a few vendors can halt production or raise costs, affecting deliveries and profits.
Subscription Rate
Subscription data will be available once the IPO opens.
