Carraro India Limited

LISTED

Mainboard IPO · IPO Guide

Issue Price
₹668 – ₹704
Listed On
30 Dec 2024
Listing Price
₹651 (-7.53%)
Current Price LIVE
₹651 (-7.53%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 21 ₹14,784
Retail (Max) 13 273 ₹1,92,192
S-HNI (Min) 14 294 ₹2,06,976
S-HNI (Max) 67 1,407 ₹9,90,528
B-HNI (Min) 68 1,428 ₹10,05,312
Retail: ≤ ₹2L  •  S-HNI: ₹2L–₹10L  •  B-HNI: > ₹10L Cap Price: ₹704/sh

As per financials, Carraro India Limited has shown steady growth, RoNW is 44.98% and P/E is 82.59, 63.97, 45.81 and 40.24 respectively as per FY23, FY24, TTM and annualised FY25 earnings, so issue looks fully priced. Company is an independent tier 1 solution provider of axles, transmission systems and gears for the agricultural tractor and construction vehicle industries in India, which is very competitive business segment. So, we give NEUTRAL rating for this IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

2 Comments
  • A
    avi 23 Dec 2024, 20:42
    any suggestions
  • C
    C.N..Savadia. 20 Dec 2024, 17:26
    Share Live.Subscription

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