| IPO Date | September 23, 2025 to September 25, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹65 to ₹70 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 50,00,000 shares |
| Share Holding (Post-Issue) | 68,60,000 shares |
| Total Issue Size | 18,60,000 shares (aggregating up to ₹13.02 Cr) |
| Reserved for Market Maker | 94,000 shares (aggregating up to ₹0.6580 Cr)Market-Hub Stock Broking Pvt.Ltd. |
| Net Offered to Public | 17,66,000 shares (aggregating up to ₹12.36 Cr) |
| Offer for Sale | - |
| 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 |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 94,000 (5.05%) | - |
| QIB Shares Offered | 8,80,000 (47.31%) | - |
| − Anchor Investor Shares Offered | 5,28,000 (28.39%) | - |
| − QIB (Ex. Anchor) Shares Offered | 3,52,000 (18.92%) | - |
| NII (HNI) Shares Offered | 2,66,000 (14.30%) | - |
| − bNII > ₹10L | 1,78,000 (9.57%) | - |
| − sNII < ₹10L | 88,000 (4.73%) | - |
| Retail Shares Offered | 6,20,000 (33.33%) | - |
| Total Shares Offered | 18,60,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/03/2025 | - | 3.1 | 6.97 | 21.92 |
| 30/03/2024 | - | 0.8 | 1.77 | 10.03 |
| 30/03/2023 | - | 0.19 | 0.97 | 6.22 |
| KPI | Values |
|---|---|
| ROE | 44.50% |
| ROCE | 45.66% |
| Debt/Equity | 1.49 |
| RoNW | 44.50% |
| EBITDA Margin | 19.31% |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 6.20 | 4.52 |
| - | 11.29 | 15.49 |
| 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) | 3,52,000 | 4,36,000 | 1.24 |
| 1(a) | foreign institutional investors (fiis) | - | 4,30,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | 6,000 | - |
| 2 | non institutional investors | 3,60,000 | 77,42,000 | 21.51 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 1,78,000 | 55,48,000 | 31.17 |
| 2.1(a) | corporates | - | 3,54,000 | - |
| 2.1(b) | individuals | - | 51,78,000 | - |
| 2.1(c) | others | - | 16,000 | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 88,000 | 21,94,000 | 24.93 |
| 2.2(a) | corporates | - | 36,000 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 21,10,000 | - |
| 2.2(c) | others | - | 48,000 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 6,20,000 | 1,95,20,000 | 31.48 |
| 3(a) | price bids | - | 1,95,20,000 | - |
| 4 | eligible employees (emp) | - | - | - |
| 4(a) | price bids | - | - | - |
| 5 | eligible share holders (sha) | - | - | - |
| 5(a) | price bids | - | - | - |
| 6 | eligible policy holders (pol) | - | - | - |
| 6(a) | price bids | - | - | - |
| total | 13,32,000 | 2,76,98,000 | 20.79 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
30/09/2025
Listing |
70.00 | Rs. 4 no-change | 22.27x | 6100 | 74 (5.71) | Rs. 8000 | 30/9/2025, 9:37:00 am |
|
29/09/2025
|
70.00 | Rs. 4 no-change | 22.27x | 6100 | 74 (5.71) | Rs. 8000 | 29/9/2025, 11:31:00 pm |
|
28/09/2025
|
70.00 | Rs. 4 no-change | 22.27x | 6100 | 74 (5.71) | Rs. 8000 | 28/9/2025, 11:29:00 pm |
|
27/09/2025
|
70.00 | Rs. 4 no-change | 22.27x | 6100 | 74 (5.71) | Rs. 8000 | 27/9/2025, 11:29:00 pm |
|
26/09/2025
Allotment |
70.00 | Rs. 4 no-change | 22.27x | 6100 | 74 (5.71) | Rs. 8000 | 26/9/2025, 11:28:00 pm |
|
25/09/2025
Close |
70.00 | Rs. 4 down | 22.27x | 6100 | 74 (5.71) | Rs. 8000 | 25/9/2025, 11:33:00 pm |
|
24/09/2025
|
70.00 | Rs. 8 up | 4.29x | 12200 | 78 (11.43) | Rs. 16000 | 24/9/2025, 11:34:00 pm |
|
23/09/2025
Open |
70.00 | Rs. 7 no-change | 1.92x | 10600 | 77 (10) | Rs. 14000 | 23/9/2025, 11:36:00 pm |
|
22/09/2025
|
70.00 | Rs. 7 no-change | 10600 | 77 (10) | Rs. 14000 | 22/9/2025, 11:35:00 pm | |
|
21/09/2025
|
70.00 | Rs. 7 no-change | 10600 | 77 (10) | Rs. 14000 | 21/9/2025, 11:35:00 pm | |
|
20/09/2025
|
70.00 | Rs. 7 no-change | 10600 | 77 (10) | Rs. 14000 | 20/9/2025, 11:36:00 pm | |
|
19/09/2025
|
70.00 | Rs. 7 up | 10600 | 77 (10) | Rs. 14000 | 19/9/2025, 11:32:00 pm | |
|
18/09/2025
|
70.00 | Rs. 0 no-change | -- | 70 (0) | Rs. 0 | 18/9/2025, 11:29:00 pm | |
|
17/09/2025
|
70.00 | Rs. 0 no-change | -- | 70 (0) | Rs. 0 | 17/9/2025, 11:37:00 pm | |
|
16/09/2025
|
70.00 | Rs. 0 no-change | -- | () | Rs. 0 | 16/9/2025, 9:20:00 am |