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The capital markets are poised for the arrival of Carver Roboweld Limited's's Initial Public Offering, targeting a total fundraise of 35,36,000 Shares. This comprises 33,58,400 Shares in new capital generation.
Investors can consider participating in this offering within the stipulated price range of TBD, with each application lot consisting of TBD. The IPO represents a milestone event in the company's corporate journey.
The subscription period commences on Oct 28, 2026 and will remain open until Oct 30, 2026. The basis of allotment will be announced on Nov 02, 2026, with trading expected to initiate on Nov 04, 2026 across the BSE platform.
Carver Roboweld Limited, incorporated in August 2009, manufactures welding consumables such as metal cored wires, welding rods and gauging electrodes, while also supplying welding spare parts and accessories. The company has expanded into value-added engineering solutions for the forging industry, including forging die regeneration and welding robot rental services. Its primary manufacturing facility is located in Bamanbore, Rajkot, Gujarat, with additional service units in Pune, Hosur and Ludhiana, allowing it to serve customers across major industrial markets in India. As of July 11, 2026, the company had a combined installed production capacity of 650 tonnes per annum for metal cored wires and welding rods, with capacity growing at a compound annual growth rate (CAGR) of approximately 30% between Fiscal 2025 and Fiscal 2026. Through its subsidiary, Carver Engineering Private Limited, acquired in September 2025, the company also provides reconditioning and refurbishment services for plant and machinery across industries such as forging, casting, cement, steel, sugar, power, petroleum, automotive and fabrication. Its engineering capabilities include heavy-duty machining, structural fabrication, repair and refurbishment of hammers and components, and turnkey engineering projects. Carver Roboweld serves industrial customers across multiple Indian states through its welding consumables and engineering solutions. The company is ISO 9001:2015 certified and holds Sustaining Corporate Membership with the American Welding Society (AWS), demonstrating its focus on quality management and recognised welding standards. As of June 30, 2026, the company had 68 permanent employees and 75 contract workers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Diversified Industrial Solutions: The company manufactures welding consumables, including metal-cored wires, welding rods and gouging electrodes, while also providing engineering services and welding robot rentals.
- Expanding Manufacturing Capacity: Its production capacity for metal-cored wires and welding rods reached 650 tonnes per annum in FY2026, supporting its ability to serve growing industrial demand.
- Presence Across Multiple Industries: Its welding and engineering solutions cater to sectors such as automotive, steel, cement, forging and fabrication, creating opportunities across different industrial segments.
- Dependence on Industrial Demand: The company's performance depends on investment and production activity across industrial sectors, where economic slowdowns may reduce demand.
- High Capital Investment Requirements: Purchasing welding robots and expanding manufacturing capabilities require substantial investment, which may affect cash flow and financial flexibility.
- Competition and Execution Risks: Competition from established manufacturers and potential delays or quality issues in engineering projects could affect customer relationships and profitability.
- Ranjit Chandrabhai Bose
- Rajit Chandra Bose
- Deval Ranjitbhai Bose
Carver Roboweld Limited
Bigshare Services Private Limited

