| IPO Date | September 17, 2025 to September 19, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 3,46,31,210 shares |
| Share Holding (Post-Issue) | 4,96,31,210 shares |
| Total Issue Size | 1,50,00,000 shares (aggregating up to ₹148.50 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 16 September 2025
IPO subscription opens for investorsDate: Thursday, 18 September 2025
Last date for IPO subscriptionDate: Sunday, 21 September 2025
Expected date for share allotmentDate: Monday, 22 September 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 22 September 2025
Shares credited to demat accountsDate: Tuesday, 23 September 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Sep 19, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1950 | ₹1,93,050 |
| S-HNI (Min) | 14 | 2100 | ₹2,07,900 |
| S-HNI (Max) | 67 | 10050 | ₹9,94,950 |
| B-HNI (Min) | 68 | 10200 | ₹10,09,800 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 18,00,000 | |
| NII (HNI) Shares Offered | 30,00,000 (24.39%) | |
| Retail Shares Offered | 75,00,000 (60.98%) | 50,000 |
| Total Shares Offered | 1,23,00,000 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 8.58 | - | 449.35 |
| 30/03/2025 | - | 15.42 | - | 412.06 |
| 30/03/2024 | - | 13.47 | - | 284.23 |
| 30/03/2023 | - | 4.2 | - | 227.28 |
| KPI | Values |
|---|---|
| ROCE | 12.79% |
| Debt/Equity | 3.77 |
| RoNW | 20.14% |
| PAT Margin | 1.91% |
| EBITDA Margin | 5.91% |
| Price to Book Value | 7.43 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 4.45 | 6.91 |
| P/E (x) | 22.24 | 14.32 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
24/09/2025
Listing |
99.00 | Rs. 11 no-change | 102.24x | 1300/18200 | 110 (11.11) | Rs. 1650 | 24/9/2025, 9:33:00 am |
|
23/09/2025
|
99.00 | Rs. 11 up | 102.24x | 1300/18200 | 110 (11.11) | Rs. 1650 | 23/9/2025, 11:30:00 pm |
|
22/09/2025
Allotment |
99.00 | Rs. 10 down | 102.24x | 1100/15400 | 109 (10.1) | Rs. 1500 | 22/9/2025, 11:28:00 pm |
|
21/09/2025
|
99.00 | Rs. 13 no-change | 102.24x | 1500/21000 | 112 (13.13) | Rs. 1950 | 21/9/2025, 11:29:00 pm |
|
20/09/2025
|
99.00 | Rs. 13 up | 102.24x | 1500/21000 | 112 (13.13) | Rs. 1950 | 20/9/2025, 11:35:00 pm |
|
19/09/2025
Close |
99.00 | Rs. 12 down | 102.24x | 1400/19600 | 111 (12.12) | Rs. 1800 | 19/9/2025, 11:32:00 pm |
|
18/09/2025
|
99.00 | Rs. 17 down | 21.76x | 1900/26600 | 116 (17.17) | Rs. 2550 | 18/9/2025, 11:36:00 pm |
|
17/09/2025
Open |
99.00 | Rs. 22 down | 8.4x | 2500/35000 | 121 (22.22) | Rs. 3300 | 17/9/2025, 11:32:00 pm |
|
16/09/2025
|
99.00 | Rs. 23 no-change | 2600/36400 | 122 (23.23) | Rs. 3450 | 16/9/2025, 11:37:00 pm | |
|
15/09/2025
|
99.00 | Rs. 23 up | 2600/36400 | 122 (23.23) | Rs. 3450 | 15/9/2025, 11:32:00 pm | |
|
14/09/2025
|
99.00 | Rs. 20 up | 2300/32200 | 119 (20.2) | Rs. 3000 | 14/9/2025, 11:37:00 pm | |
|
13/09/2025
|
99.00 | Rs. 18 up | 2100/29400 | 117 (18.18) | Rs. 2700 | 13/9/2025, 11:31:00 pm | |
|
12/09/2025
|
99.00 | Rs. 10 up | 1100/15400 | 109 (10.1) | Rs. 1500 | 12/9/2025, 11:31:00 pm | |
|
11/09/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 11/9/2025, 12:47:00 pm |