Carver Roboweld IPO
Open Date
28 Oct 2026
Close Date
30 Oct 2026
Open Date
28 Oct 2026
Close Date
30 Oct 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed
IPO Open Now.

Founded In
2009
Director
Deval Ranjitbhai Bose
Financials of Carver Roboweld IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 21.67 | 24.86 | 27.02 |
| Other Income | 0.00 | 0.11 | 0.09 |
Total Income | 21.67 | 24.97 | 27.12 |
Total Expenses | 20.26 | 22.90 | 22.33 |
| Profit Before Tax | 1.41 | 2.07 | 4.79 |
Total Profit | 1.01 | 1.45 | 3.48 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to utilize a portion of the Net Proceeds towards funding capital expenditure requirements for the purchase of welding robots (ABB1520 and ABB2600 models integrated with EWM Phoenix XQ R 500 puls welding power sources) to expand its robot rental fleet from 12 to 39 units, enabling deployment at existing and prospective customer locations. | 12 |
| The company intends to utilize a portion of the Net Proceeds towards full or partial repayment/prepayment of outstanding borrowings availed from various banks and financial institutions, in order to reduce indebtedness, improve the debt-equity ratio, and lower finance costs. | 9 |
| The company proposes to deploy the balance Net Proceeds towards general corporate purposes including acquisition of fixed assets, funding growth opportunities, strategic initiatives, brand building, administration, marketing, repairs and maintenance, and other ordinary course business expenses, subject to applicable regulatory limits. | - |

- Experienced Promoter and Management Team: The company is led by promoters Ranjit Chandrabhai Bose, Rajit Chandra Bose, and Deval Ranjitbhai Bose, with collective experience of nearly 16 years in the welding industry, enabling the company to scale domestic operations and anticipate market trends.
- Strategically Located Manufacturing Facility and Service Units: The company's manufacturing facility is located in Bamanbore, Rajkot, Gujarat, complemented by three service units in Pune, Ludhiana, and Hosur, contributing revenues of ₹771.04 lakhs, ₹2,702.20 lakhs, ₹2,485.97 lakhs, and ₹2,167.29 lakhs for the respective periods.
- Strategic Market Coverage Across Domestic Markets: The company's customer base spans 14+ states including Karnataka (53.33% of revenue for period ended June 30, 2026), Maharashtra, Tamil Nadu, Punjab, and others, covering western, southern, northern, and central regions of India.
- Focus on Consistently Meeting Customer Specifications and Quality Standards: The company is ISO 9001:2015 certified and is a Sustaining Corporate Member of the American Welding Society (AWS), with continuous product review processes ensuring quality compliance, customer trust, and repeat orders.
- Robot Rental Model Enabling Long-Term Customer Engagement and Recurring Revenue: The company owns 12 welding robots deployed on a rental basis, creating a captive customer model where lessees are required to use the company's metal-cored wires, generating stable and predictable recurring revenue over long-term lease tenures.

