| IPO Date | September 18, 2025 to September 22, 2025 |
|---|---|
| Face Value | ₹2 per share |
| Issue Price Band | ₹284 to ₹299 per share |
| Lot Size | 50 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 5,35,39,880 shares |
| Share Holding (Post-Issue) | 5,35,39,880 shares |
| Total Issue Size | 1,87,38,958 shares (aggregating up to ₹560.29 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 17 September 2025
IPO subscription opens for investorsDate: Sunday, 21 September 2025
Last date for IPO subscriptionDate: Monday, 22 September 2025
Expected date for share allotmentDate: Tuesday, 23 September 2025
Refunds initiated for unsuccessful applicationsDate: Tuesday, 23 September 2025
Shares credited to demat accountsDate: Wednesday, 24 September 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Mon, Sep 22, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,950 |
| Retail (Max) | 13 | 650 | ₹1,94,350 |
| S-HNI (Min) | 14 | 700 | ₹2,09,300 |
| S-HNI (Max) | 66 | 3300 | ₹9,86,700 |
| B-HNI (Min) | 67 | 3350 | ₹10,01,650 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 93,69,478 (50.00%) | NA |
| − Anchor Investor Shares Offered | 56,21,686 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 37,47,792 (20.00%) | NA |
| NII (HNI) Shares Offered | 28,10,844 (15.00%) | NA |
| − bNII > ₹10L | 18,73,896 (10.00%) | 2,676 |
| − sNII < ₹10L | 9,36,948 (5.00%) | 1,338 |
| Retail Shares Offered | 65,58,636 (35.00%) | 1,31,172 |
| Total Shares Offered | 1,87,38,958 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/03/2025 | - | 85.3 | 414.79 | 1162.67 |
| 30/03/2024 | - | 70.57 | 322.61 | 1004.25 |
| 30/03/2023 | - | 59.92 | 251.61 | 1080.19 |
| KPI | Values |
|---|---|
| ROE | 21.13% |
| ROCE | 28.98% |
| RoNW | 22.02% |
| PAT Margin | 8.87% |
| Price to Book Value | 4.96 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 15.93 | 15.93 |
| - | 18.77 | 18.77 |
| Sr. no/th> | Category | No. of. shares. offered / reserved | No. of Shares Bid for | No. of. times. of. total. meant. for. the. Category |
|---|---|---|---|---|
| 1 | Qualified Institutional Buyers(QIBs) | - | - | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | - | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | - | - |
| 2 | Non Institutional Investors | - | - | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | - | - |
| 2.1(a) | Corporates | - | - | - |
| 2.1(b) | Individuals(Other than RIIs) | - | - | - |
| 2.1(c) | Others | - | - | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | - | - |
| 2.2(a) | Corporates | - | - | - |
| 2.2(b) | Individuals(Other than RIIs) | - | - | - |
| 2.2(c) | Others | - | - | - |
| 3 | Retail Individual Investors(RIIs) | - | - | - |
| 3(a) | Cut Off | - | - | - |
| 3(b) | Price bids | - | - | - |
| 4 | Employees | - | - | - |
| 4(a) | Cut Off | - | - | - |
| 4(b) | Price Bids | - | - | - |
| 5 | Shareholders | - | - | - |
| 5(a) | Cut Off | - | - | - |
| 5(b) | Price Bids | - | - | - |
| - | Total | - | - | - |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
25/09/2025
Listing |
299.00 | Rs. 0 no-change | 1.82x | -- | 299 (0) | Rs. 0 | 25/9/2025, 9:29:00 am |
|
24/09/2025
|
299.00 | Rs. 0 no-change | 1.82x | -- | 299 (0) | Rs. 0 | 24/9/2025, 11:28:00 pm |
|
23/09/2025
Allotment |
299.00 | Rs. 0 no-change | 1.82x | -- | 299 (0) | Rs. 0 | 23/9/2025, 11:30:00 pm |
|
22/09/2025
Close |
299.00 | Rs. 0 down | 1.82x | -- | 299 (0) | Rs. 0 | 22/9/2025, 11:29:00 pm |
|
21/09/2025
|
299.00 | Rs. 3 no-change | 0.89x | 100/1400 | 302 (1) | Rs. 150 | 21/9/2025, 11:31:00 pm |
|
20/09/2025
|
299.00 | Rs. 3 down | 0.89x | 100/1400 | 302 (1) | Rs. 150 | 20/9/2025, 11:33:00 pm |
|
19/09/2025
|
299.00 | Rs. 8 down | 0.89x | 300/4200 | 307 (2.68) | Rs. 400 | 19/9/2025, 11:30:00 pm |
|
18/09/2025
Open |
299.00 | Rs. 15 no-change | 0.28x | 600/8400 | 314 (5.02) | Rs. 750 | 18/9/2025, 11:29:00 pm |
|
17/09/2025
|
299.00 | Rs. 15 down | 600/8400 | 314 (5.02) | Rs. 750 | 17/9/2025, 11:34:00 pm | |
|
16/09/2025
|
299.00 | Rs. 20 up | 800/11200 | 319 (6.69) | Rs. 1000 | 16/9/2025, 11:32:00 pm | |
|
15/09/2025
|
299.00 | Rs. 0 no-change | -- | 299 (0) | Rs. 0 | 15/9/2025, 11:34:00 pm |