1.Company Information

Carraro India Limited is a technology-driven company that designs, develops, manufactures and supplies engineered transmission systems and axles to original equipment manufacturers (OEMs) of agricultural tractors and construction equipment in India. The company is a tier 1 supplier, meaning they directly supply products to OEMs. Carraro India's key customers are large Indian OEMs, as well as international OEMs with Indian subsidiaries. Carraro India is a subsidiary of the Carraro Group, an Italian multinational group. The Carraro Group provides Carraro India with access to technology, research and development (R&D) and other resources. In turn, Carraro India has adapted the Carraro Group's technology to the Indian market. Carraro India's primary business objective is to enhance its position as a leading tier 1 supplier of driveline components and systems in the agricultural tractor and construction equipment industries in India. Carraro India plans to achieve this goal through:
- Expanding its product portfolio
- Strengthening relationships with OEMs
- Expanding its manufacturing capacity
- Investing in R&D

Strenghts :-

1. Carraro India is a leading Tier 1 supplier of transmission systems and a key supplier of axles in the Indian agricultural tractor and construction vehicle industries. This strong market position provides a competitive advantage for the company, particularly for mission-critical and complex driveline components.
2. The company boasts longstanding relationships with a marquee local and international supplier base. This robust network, built over 27 years of operation, ensures a stable and reliable source of raw materials and components, contributing to the company's operational efficiency and resilience.
3. Carraro India benefits from its technologically advanced manufacturing plants, which possess large production capacities and in-house gear production capabilities. This vertical integration allows for greater control over production processes and reduces reliance on external suppliers, leading to enhanced quality control and cost optimisation.
4. The company maintains long-term relationships with its top 10 customers, many of whom have partnered with Carraro India for at least 15 years. This demonstrates the company's ability to foster strong and enduring customer relationships, built on trust, reliability, and consistent product quality.
5. Carraro India leverages a highly skilled and experienced management team with an average tenure of over 11.3 years. This stability in leadership, coupled with the team's expertise in diverse areas including business, manufacturing, supply chain, and financial management, is crucial for the company's strategic direction and continued success.

2. Objects of the Issue

The Company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.

3.Carraro India Limited Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: carraro.ipo@linkintime.co.in

Website:  https://linkintime.co.in