| IPO Date | September 24, 2025 to September 26, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 61,71,589 shares |
| Share Holding (Post-Issue) | 86,39,989 shares |
| Total Issue Size | 24,68,400 shares (aggregating up to ₹24.68 Cr) |
| Reserved for Market Maker | 1,23,600 shares (aggregating up to ₹1.24 Cr)Aftertrade Broking Pvt.Ltd. |
| Net Offered to Public | 23,44,800 shares (aggregating up to ₹23.45 Cr) |
| 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: Monday, 29 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 |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3600 | ₹3,60,000 |
| S-HNI (Max) | 8 | 9600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10800 | ₹10,80,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue | - |
| Retail Shares Offered | Not less than 35% of the Net Issue | - |
| NII Shares Offered | Not less than 15% of the Net Issue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/07/2025 | - | 2 | - | 36.63 |
| 30/03/2025 | - | 4.14 | - | 32.34 |
| 30/03/2024 | - | 2.02 | - | 19.15 |
| 30/03/2023 | - | 0.21 | - | 17.01 |
| KPI | Values |
|---|---|
| ROE | 62.87% |
| ROCE | 58.40% |
| Debt/Equity | 1.04 |
| RoNW | 39.94% |
| PAT Margin | 16.53% |
| EBITDA Margin | 27.68% |
| Price to Book Value | 17.42 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 6.71 | 6.95 |
| P/E (x) | 14.91 | 14.4 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
16/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 16/10/2025, 5:55:00 am |
|
15/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 15/10/2025, 5:55:00 am |
|
14/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 14/10/2025, 5:55:00 am |
|
13/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 13/10/2025, 5:55:00 am |
|
12/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 12/10/2025, 5:55:00 am |
|
11/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 11/10/2025, 5:55:00 am |
|
10/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 10/10/2025, 5:55:00 am |
|
09/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 9/10/2025, 5:55:00 am |
|
08/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 8/10/2025, 5:55:00 am |
|
07/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 7/10/2025, 5:55:00 am |
|
06/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 6/10/2025, 5:55:00 am |
|
05/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 5/10/2025, 5:55:00 am |
|
04/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 4/10/2025, 5:55:00 am |
|
03/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 3/10/2025, 5:55:00 am |
|
02/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 2/10/2025, 5:55:00 am |
|
01/10/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 1/10/2025, 5:55:00 am |
|
30/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 30/9/2025, 5:55:00 am |
|
29/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 29/9/2025, 5:55:00 am |
|
28/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 28/9/2025, 5:55:00 am |
|
27/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 27/9/2025, 5:55:00 am |
|
26/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 26/9/2025, 5:55:00 am |
|
25/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 25/9/2025, 5:55:00 am |
|
24/09/2025
|
100.00 | Rs. 1 no-change | - | 900 | 101 (1) | Rs. 1200 | 24/9/2025, 5:55:00 am |
|
23/09/2025
|
100.00 | Rs. 1 up | - | 900 | 101 (1) | Rs. 1200 | 23/9/2025, 9:28:00 pm |
|
22/09/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 22/9/2025, 11:36:00 pm |
|
21/09/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 21/9/2025, 11:35:00 pm |
|
20/09/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 20/9/2025, 11:35:00 pm |
|
19/09/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 19/9/2025, 11:37:00 pm |