| IPO Date | September 23, 2025 to September 25, 2025 |
|---|---|
| Face Value | ₹5 per share |
| Issue Price Band | ₹333 to ₹351 per share |
| Lot Size | 42 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 7,41,37,042 shares |
| Share Holding (Post-Issue) | 8,66,72,654 shares |
| Total Issue Size | 1,39,60,113 shares (aggregating up to ₹490.00 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | 14,24,501 shares of ₹5 (aggregating up to ₹50.00 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Monday, 22 September 2025
IPO subscription opens for investorsDate: Wednesday, 24 September 2025
Last date for IPO subscriptionDate: Thursday, 25 September 2025
Expected date for share allotmentDate: Sunday, 28 September 2025
Refunds initiated for unsuccessful applicationsDate: Sunday, 28 September 2025
Shares credited to demat accountsDate: Monday, 29 September 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Thu, Sep 25, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 42 | ₹14,742 |
| Retail (Max) | 13 | 546 | ₹1,91,646 |
| S-HNI (Min) | 14 | 588 | ₹2,06,388 |
| S-HNI (Max) | 67 | 2814 | ₹9,87,714 |
| B-HNI (Min) | 68 | 2856 | ₹10,02,456 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 1,04,70,085 (75.00%) | |
| NII (HNI) Shares Offered | 20,94,017 (15.00%) | |
| Retail Shares Offered | 13,96,011 (10.00%) | 33,238 |
| Total Shares Offered | 1,39,60,113 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/03/2025 | - | 77.05 | - | 598.02 |
| 30/03/2024 | - | 51.69 | - | 155.02 |
| 30/03/2023 | - | 14.84 | - | 120.43 |
| KPI | Values |
|---|---|
| ROE | 40.27% |
| ROCE | 54.53% |
| Debt/Equity | 0.37 |
| RoNW | 40.27% |
| PAT Margin | 14.14% |
| EBITDA Margin | 19.60% |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 10.39 | 8.89 |
| P/E (x) | 33.77 | 39.48 |
| 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) | 44,14,414 | 11,63,70,282 | 26.36 |
| 1(a) | foreign institutional investors (fiis) | - | 3,55,82,736 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 4,94,01,534 | - |
| 1(c) | mutual funds | - | 7,12,236 | - |
| 1(d) | others | - | 3,06,73,776 | - |
| 2 | non institutional investors (niis) | 22,07,207 | 6,48,89,748 | 29.40 |
| 2.1 | non institutional investors (bid amount of more than ten lakh rupees) | 14,71,472 | 3,92,11,704 | 26.65 |
| 2.1(a) | corporates | - | 3,97,068 | - |
| 2.1(b) | individuals (other than riis) | - | 3,70,91,334 | - |
| 2.1(c) | others | - | 17,23,302 | - |
| 2.2 | non institutional investors (bid amount of more than two lakh and upto ten lakh rupees) | 7,35,735 | 2,56,78,044 | 34.90 |
| 2.2(a) | corporates | - | 93,702 | - |
| 2.2(b) | individuals (other than riis) | - | 2,49,68,244 | - |
| 2.2(c) | others | - | 6,16,098 | - |
| 3 | retail individual investors (riis) | 14,71,471 | 3,84,21,852 | 26.11 |
| 3(a) | cut off | - | 3,12,37,752 | - |
| 3(b) | price bids | - | 71,84,100 | - |
| 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 | 80,93,092 | 21,96,81,882 | 27.14 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
30/09/2025
Listing |
351.00 | Rs. 40 no-change | 68.49x | 1300/18200 | 391 (11.4) | Rs. 1680 | 30/9/2025, 9:33:00 am |
|
29/09/2025
|
351.00 | Rs. 40 down | 68.49x | 1300/18200 | 391 (11.4) | Rs. 1680 | 29/9/2025, 11:29:00 pm |
|
28/09/2025
|
351.00 | Rs. 43 no-change | 68.49x | 1400/19600 | 394 (12.25) | Rs. 1806 | 28/9/2025, 11:28:00 pm |
|
27/09/2025
|
351.00 | Rs. 43 up | 68.49x | 1400/19600 | 394 (12.25) | Rs. 1806 | 27/9/2025, 11:29:00 pm |
|
26/09/2025
Allotment |
351.00 | Rs. 40 down | 68.49x | 1300/18200 | 391 (11.4) | Rs. 1680 | 26/9/2025, 11:32:00 pm |
|
25/09/2025
Close |
351.00 | Rs. 52 down | 68.49x | 1700/23800 | 403 (14.81) | Rs. 2184 | 25/9/2025, 11:36:00 pm |
|
24/09/2025
|
351.00 | Rs. 56 down | 4.21x | 1800/25200 | 407 (15.95) | Rs. 2352 | 24/9/2025, 11:33:00 pm |
|
23/09/2025
Open |
351.00 | Rs. 65 no-change | 1.29x | 2100/29400 | 416 (18.52) | Rs. 2730 | 23/9/2025, 11:36:00 pm |
|
22/09/2025
|
351.00 | Rs. 65 down | 2100/29400 | 416 (18.52) | Rs. 2730 | 22/9/2025, 11:32:00 pm | |
|
21/09/2025
|
351.00 | Rs. 68 up | 2200/30800 | 419 (19.37) | Rs. 2856 | 21/9/2025, 11:31:00 pm | |
|
20/09/2025
|
351.00 | Rs. 56 up | 1800/25200 | 407 (15.95) | Rs. 2352 | 20/9/2025, 11:37:00 pm | |
|
19/09/2025
|
351.00 | Rs. 33 up | 1100/15400 | 384 (9.4) | Rs. 1386 | 19/9/2025, 11:29:00 pm | |
|
18/09/2025
|
351.00 | Rs. 0 no-change | -- | 351 (0) | Rs. 0 | 18/9/2025, 11:37:00 pm |