| IPO Date | 28 to 30 Jan, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 94,40,000 shares |
| Share Holding (Post-Issue) | 1,34,40,000 shares |
| Total Issue Size | 40,00,000 shares (agg. up to ₹29 Cr) |
| Reserved for Market Maker | 2,00,000 shares (agg. up to ₹1 Cr)Sunflower Broking Pvt.Ltd. |
| Net Offered to Public | 38,00,000 shares (agg. up to ₹28 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 28 January 2026
IPO subscription opens for investorsDate: Friday, 30 January 2026
Last date for IPO subscriptionDate: Monday, 2 February 2026
Expected date for share allotmentDate: Tuesday, 3 February 2026
Refunds initiated for unsuccessful applicationsDate: Tuesday, 3 February 2026
Shares credited to demat accountsDate: Wednesday, 4 February 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,33,600 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,33,600 |
| HNI (Min) | 3 | 4800 | ₹3,50,400 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,00,000 (5.00%) | - |
| NII (HNI) Shares Offered | 18,99,200 (47.48%) | - |
| Retail Shares Offered | 19,00,800 (47.52%) | - |
| Total Shares Offered | 40,00,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/08/2025 | 29.25 | 2.15 | 18.72 | 60.47 |
| 30/03/2025 | 60.13 | 3.04 | 16.57 | 50.5 |
| 30/03/2024 | 59.54 | 1.52 | 13.53 | 41.09 |
| 30/03/2023 | 59.68 | 1.76 | 6.01 | 37.11 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 3.22 | 3.84 |
| P/E (x) | 22.66 | 19.03 |
| Promoter Holding | 99.99% | 70.24% |
| Market Cap | ₹98.11 Cr. |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
27/01/2026
|
73.00 | Rs. 0 no-change | - | -- | 73 (0) | Rs. 0 | 27/1/2026, 10:34:00 pm |
|
26/01/2026
|
73.00 | Rs. 0 no-change | - | -- | 73 (0) | Rs. 0 | 26/1/2026, 11:31:00 pm |
|
25/01/2026
|
73.00 | Rs. 0 no-change | - | -- | 73 (0) | Rs. 0 | 25/1/2026, 11:31:00 pm |
|
24/01/2026
|
73.00 | Rs. 0 no-change | - | -- | 73 (0) | Rs. 0 | 24/1/2026, 11:29:00 pm |
|
23/01/2026
|
73.00 | Rs. 0 no-change | - | -- | 73 (0) | Rs. 0 | 23/1/2026, 11:33:00 pm |
|
22/01/2026
|
73.00 | Rs. 0 no-change | - | -- | 73 (0) | Rs. 0 | 22/1/2026, 11:30:00 pm |