| IPO Date | October 29, 2025 to October 31, 2025 |
|---|---|
| Face Value | ₹1 per share |
| Issue Price Band | ₹695 to ₹730 per share |
| Lot Size | 20 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 13,69,89,230 shares |
| Share Holding (Post-Issue) | 13,69,89,230 shares |
| Total Issue Size | 2,28,43,004 shares (aggregating up to ₹1,667.54 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 28 October 2025
IPO subscription opens for investorsDate: Thursday, 30 October 2025
Last date for IPO subscriptionDate: Sunday, 2 November 2025
Expected date for share allotmentDate: Monday, 3 November 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 3 November 2025
Shares credited to demat accountsDate: Wednesday, 5 November 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Oct 31, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,600 |
| Retail (Max) | 13 | 260 | ₹1,89,800 |
| S-HNI (Min) | 14 | 280 | ₹2,04,400 |
| S-HNI (Max) | 68 | 1360 | ₹9,92,800 |
| B-HNI (Min) | 69 | 1380 | ₹10,07,400 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer | - |
| Retail Shares Offered | Not less than than 35% of the Net Offer | - |
| NII Shares Offered | Not less than than 15% of the Net Offer | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 78.92 | 1931.12 | 3158.2 |
| 30/03/2025 | - | 255.69 | 1853.47 | 3171.3 |
| 30/03/2024 | - | 226.33 | 2201.48 | 3375.19 |
| 30/03/2023 | - | 339.13 | 2237.69 | 3101.96 |
| KPI | Values |
|---|---|
| ROCE | 32.7% |
| RoNW | 13.8% |
| PAT Margin | 10.70% |
| EBITDA Margin | 16.60% |
| Price to Book Value | 5.40 |
| Market Capitalization | 10000.21 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 18.67 | 23.04 |
| - | 39.11 | 31.68 |
| 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) | 45,62,601 | 53,67,11,380 | 117.63 |
| 1(a) | foreign institutional investors (fiis) | - | 18,56,71,780 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 22,18,29,560 | - |
| 1(c) | mutual funds | - | 2,27,92,440 | - |
| 1(d) | others | - | 10,64,17,600 | - |
| 2 | non institutional investors(niis) | 34,21,951 | 18,62,20,760 | 54.42 |
| 2.1 | non institutional investors(bid amount of more than ten lakh rupees) | 22,81,301 | 14,92,17,480 | 65.41 |
| 2.1(a) | corporates | - | 13,97,900 | - |
| 2.1(b) | individuals (other than riis) | - | 14,03,13,420 | - |
| 2.1(c) | others | - | 75,06,160 | - |
| 2.2 | non institutional investors(bid amount of more than two lakh rupees and upto 10 lakh rupees) | 11,40,650 | 3,70,03,280 | 32.44 |
| 2.2(a) | corporates | - | 1,08,800 | - |
| 2.2(b) | individuals (other than riis) | - | 3,51,25,280 | - |
| 2.2(c) | others | - | 17,69,200 | - |
| 3 | retail individual investors (riis) | 79,84,552 | 5,62,76,360 | 7.05 |
| 3(a) | cut off | - | 4,59,75,440 | - |
| 3(b) | price bids | - | 1,03,00,920 | - |
| 4 | employee reserved | 30,000 | 4,53,840 | 15.13 |
| 4(a) | employee (cut off) | - | 3,72,320 | - |
| 4(b) | employee (price) | - | 81,520 | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 1,59,99,104 | 77,96,62,340 | 48.73 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
03/11/2025
Allotment |
730.00 | Rs. 75 down | - | 1100/15400 | 805 (10.27) | Rs. 1500 | 3/11/2025, 5:58:00 pm |
|
01/11/2025
|
730.00 | Rs. 95.5 up | - | 1500/21000 | 825.5 (13.08) | Rs. 1910 | 1/11/2025, 3:58:00 pm |
|
31/10/2025
Close |
730.00 | Rs. 95 up | - | 1400/19600 | 825 (13.01) | Rs. 1900 | 31/10/2025, 11:35:00 pm |
|
30/10/2025
|
730.00 | Rs. 70 up | - | 1100/15400 | 800 (9.59) | Rs. 1400 | 30/10/2025, 11:33:00 pm |
|
29/10/2025
Open |
730.00 | Rs. 68 down | - | 1000/14000 | 798 (9.32) | Rs. 1360 | 29/10/2025, 11:31:00 pm |
|
28/10/2025
|
730.00 | Rs. 77 down | - | 1200/16800 | 807 (10.55) | Rs. 1540 | 28/10/2025, 11:28:00 pm |
|
27/10/2025
|
730.00 | Rs. 106 down | - | 1600/22400 | 836 (14.52) | Rs. 2120 | 27/10/2025, 11:33:00 pm |
|
26/10/2025
|
730.00 | Rs. 114 down | - | 1700/23800 | 844 (15.62) | Rs. 2280 | 26/10/2025, 11:37:00 pm |
|
25/10/2025
|
730.00 | Rs. 132 down | - | 2000/28000 | 862 (18.08) | Rs. 2640 | 25/10/2025, 11:33:00 pm |
|
24/10/2025
|
730.00 | Rs. 145 no-change | - | 2200/30800 | 875 (19.86) | Rs. 2900 | 24/10/2025, 11:34:00 pm |