| IPO Date | December 1, 2025 to December 3, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹123 to ₹130 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 50,05,000 shares |
| Share Holding (Post-Issue) | 68,59,000 shares |
| Total Issue Size | 18,54,000 shares (aggregating up to ₹24.10 Cr) |
| Reserved for Market Maker | 94,000 shares (aggregating up to ₹1.22 Cr)SS Corporate Securities Ltd. |
| Net Offered to Public | 17,60,000 shares (aggregating up to ₹22.88 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 30 November 2025
IPO subscription opens for investorsDate: Tuesday, 2 December 2025
Last date for IPO subscriptionDate: Wednesday, 3 December 2025
Expected date for share allotmentDate: Thursday, 4 December 2025
Refunds initiated for unsuccessful applicationsDate: Thursday, 4 December 2025
Shares credited to demat accountsDate: Sunday, 7 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Dec 3, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,60,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,60,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,90,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,40,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 94,000 (5.07%) | - |
| QIB Shares Offered | 8,76,000 (47.25%) | - |
| − Anchor Investor Shares Offered | 5,25,000 (28.32%) | - |
| − QIB (Ex. Anchor) Shares Offered | 3,51,000 (18.93%) | - |
| NII (HNI) Shares Offered | 2,64,000 (14.24%) | - |
| − bNII > ₹10L | 1,74,000 (9.39%) | - |
| − sNII < ₹10L | 90,000 (4.85%) | - |
| Retail Shares Offered | 6,20,000 (33.44%) | - |
| Total Shares Offered | 18,54,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | - | 3.2 | 13.55 | 15.68 |
| 30/03/2025 | - | 5.26 | 10.35 | 11.63 |
| 30/03/2024 | - | 5.02 | 5.1 | 8.03 |
| 30/03/2023 | - | 0.41 | 0.07 | 1.74 |
| KPI | Values |
|---|---|
| ROE | 68.04% |
| ROCE | 68.32% |
| RoNW | 50.77% |
| PAT Margin | 21.01% |
| EBITDA Margin | 27.30% |
| Price to Book Value | 6.29 |
| Market Capitalization | ₹89.17 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 10.50 | 9.32 |
| - | 12.38 | 13.95 |
| 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) | 3,51,000 | 5,47,25,000 | 155.91 |
| 1(a) | foreign institutional investors (fiis) | - | 1,63,06,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | 37,63,000 | - |
| 1(c) | mutual funds | - | 12,23,000 | - |
| 1(d) | others | - | 3,34,33,000 | - |
| 2 | non institutional investors | 3,58,000 | 19,86,64,000 | 554.93 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 1,74,000 | 15,31,69,000 | 880.28 |
| 2.1(a) | corporates | - | 25,36,000 | - |
| 2.1(b) | individuals | - | 14,90,94,000 | - |
| 2.1(c) | others | - | 15,39,000 | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 90,000 | 4,54,95,000 | 505.50 |
| 2.2(a) | corporates | - | 6,51,000 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 4,42,52,000 | - |
| 2.2(c) | others | - | 5,92,000 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 6,20,000 | 28,71,38,000 | 463.13 |
| 3(a) | price bids | - | 28,71,38,000 | - |
| 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 | 13,29,000 | 54,05,27,000 | 406.72 |