New Delhi, Sept. 12 -- Karbonsteel Engineering IPO share allotment: With the subscription window for the initial public offering (IPO) of Karbonsteel Engineering closing with a strong subscription of nearly 77 times, the focus of investors who bid for the SME IPO has now shifted to the company's share allotment, which is expected to be finalised on Friday, September 12.

The SME IPO was open from Tuesday, September 9, to Thursday, September 11.

Karbonsteel Engineering IPO allotment date is expected to be today, Friday, September 12. Successful bidders can expect the company's shares credited to their demat accounts on Monday, September 15, the next business day. Shares of the company will list on the BSE SME on Tuesday, September 16.

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