| IPO Date | September 24, 2025 to September 26, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Lot Size | 151 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 6,33,15,000 shares |
| Share Holding (Post-Issue) | 8,67,15,000 shares |
| Total Issue Size | 2,34,00,000 shares (aggregating up to ₹231.66 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 23 September 2025
IPO subscription opens for investorsDate: Thursday, 25 September 2025
Last date for IPO subscriptionDate: Sunday, 28 September 2025
Expected date for share allotmentDate: Sunday, 28 September 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 29 September 2025
Shares credited to demat accountsDate: Tuesday, 30 September 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Sep 26, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 151 | ₹14,949 |
| Retail (Max) | 13 | 1963 | ₹1,94,337 |
| S-HNI (Min) | 14 | 2114 | ₹2,09,286 |
| S-HNI (Max) | 66 | 9966 | ₹9,86,634 |
| B-HNI (Min) | 67 | 10117 | ₹10,01,583 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 2,34,000 (1.00%) | |
| NII (HNI) Shares Offered | 56,16,000 (24.00%) | |
| Retail Shares Offered | 1,75,50,000 (75.00%) | 1,16,225 |
| Total Shares Offered | 2,34,00,000 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/03/2025 | - | 32.82 | - | 676.09 |
| 30/03/2024 | - | 29.94 | - | 646.15 |
| 30/03/2023 | - | 32.66 | - | 481.79 |
| KPI | Values |
|---|---|
| ROE | 15.62% |
| ROCE | 12.80% |
| Debt/Equity | 2.04 |
| RoNW | 16.54% |
| PAT Margin | 1.59% |
| EBITDA Margin | 4.24% |
| Price to Book Value | 2.98 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 5.18 | 3.79 |
| P/E (x) | 19.1 | 26.15 |
| 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) | 2,34,000 | 2,67,270 | 1.14 |
| 1(a) | foreign institutional investors (fiis) | - | 2,52,472 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | 14,798 | - |
| 2 | non institutional investors (niis) | 56,16,000 | 25,14,452 | 0.45 |
| 2.1 | non institutional investors (bid amount of more than ten lakh rupees) | 37,44,000 | 8,19,175 | 0.22 |
| 2.1(a) | corporates | - | 30,351 | - |
| 2.1(b) | individuals (other than riis) | - | 7,38,239 | - |
| 2.1(c) | others | - | 50,585 | - |
| 2.2 | non institutional investors (bid amount of more than two lakh and upto ten lakh rupees) | 18,72,000 | 16,95,277 | 0.91 |
| 2.2(a) | corporates | - | 17,516 | - |
| 2.2(b) | individuals (other than riis) | - | 16,11,623 | - |
| 2.2(c) | others | - | 66,138 | - |
| 3 | retail individual investors (riis) | 1,75,50,000 | 68,05,872 | 0.39 |
| 3(a) | cut off | - | 46,49,743 | - |
| 3(b) | price bids | - | 21,56,129 | - |
| 4 | employee reserved | - | - | - |
| 4(a) | employee (cut off) | - | - | - |
| 4(b) | employee (price) | - | - | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 2,34,00,000 | 95,87,594 | 0.41 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
01/10/2025
Listing |
99.00 | Rs. 0 no-change | 1.5x | -- | 99 (0) | Rs. 0 | 1/10/2025, 9:36:00 am |
|
30/09/2025
|
99.00 | Rs. 0 no-change | 1.5x | -- | 99 (0) | Rs. 0 | 30/9/2025, 11:28:00 pm |
|
29/09/2025
Allotment |
99.00 | Rs. 0 no-change | 1.5x | -- | 99 (0) | Rs. 0 | 29/9/2025, 11:31:00 pm |
|
28/09/2025
|
99.00 | Rs. 0 down | 1.5x | -- | 99 (0) | Rs. 0 | 28/9/2025, 11:32:00 pm |
|
27/09/2025
|
99.00 | Rs. 2 no-change | 1.5x | 200/2800 | 101 (2.02) | Rs. 302 | 27/9/2025, 11:36:00 pm |
|
26/09/2025
Close |
99.00 | Rs. 2 down | 1.5x | 200/2800 | 101 (2.02) | Rs. 302 | 26/9/2025, 11:36:00 pm |
|
25/09/2025
|
99.00 | Rs. 8 up | 0.22x | 900/12600 | 107 (8.08) | Rs. 1208 | 25/9/2025, 11:32:00 pm |
|
24/09/2025
Open |
99.00 | Rs. 4 up | 0.11x | 500/7000 | 103 (4.04) | Rs. 604 | 24/9/2025, 11:33:00 pm |
|
23/09/2025
|
99.00 | Rs. 0 no-change | -- | 99 (0) | Rs. 0 | 23/9/2025, 11:28:00 pm | |
|
22/09/2025
|
99.00 | Rs. 0 no-change | -- | 99 (0) | Rs. 0 | 22/9/2025, 11:32:00 pm | |
|
21/09/2025
|
Rs. 0 no-change | -- | (0) | Rs. 0 | 21/9/2025, 5:55:00 am | ||
|
20/09/2025
|
Rs. 0 no-change | -- | (0) | Rs. 0 | 20/9/2025, 5:55:00 am | ||
|
19/09/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 19/9/2025, 7:35:00 pm |