Cyril Amarchand Mangaldas: Advises Karamtara Engineering on ₹8,750 Million IPO

Home / Deal Beat CAM Advises Karamtara Engineering Limited On INR 8,750 million IPO X JM Financial Limited, ICICI Securities Limited and IIFL Capital Services Limited acted as book running lead managers. Cyril Amarchand Mangaldas advised Karamtara Engineering Limited (Company) on its initial public offering. Cyril Amarchand Mangaldas advised the issuer entity, Karamtara Engineering Limited (Company) on its initial public offering aggregating to INR 8,750.00 million (Offer). The Company is a backward integrated manufacturer of products for renewable energy and transmission lines sectors and the largest integrated manufacturer in terms of installed capacity in India for solar mounting structures and tracker components in Fiscal 2026. JM Financial Limited, ICICI Securities Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) acted as book running lead managers to the Offer. The team was led by Anshul Roy, Partner; with the support from Radhika Pandey, Principal Associate; Esha Gupta, Senior Associate; Arikta Shetty, Anomitra Debnath, Janhavi Deshmukh, Chinmay Jhumde, and Jahnavi Seethamraju, Associates. Yash Ashar, Senior Partner, provided strategic guidance.