Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO. The company allocated over one crore shares at the IPO's upper price band. Domestic mutual funds and insurance companies participated in the anchor book. Karamtara Engineering's IPO opens for subscription on September 9 and closes on September 11. The company manufactures solar module mounting structures and transmission line towers.

Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO. The company allocated over one crore shares at the IPO's upper price band. Domestic…

Karamtara Engineering plans a ₹875 crore IPO to repay debt and fund expansion. The company has shown healthy financial growth over recent years. However, it faces risks from…