| IPO Date | 28 to 30 Jan, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 1,60,00,000 shares |
| Share Holding (Post-Issue) | 2,04,00,000 shares |
| Total Issue Size | 54,00,000 shares (agg. up to ₹66 Cr) |
| Reserved for Market Maker | 2,98,000 shares (agg. up to ₹4 Cr)Evermore Share Broking Private Limited |
| Net Offered to Public | 51,02,000 shares (agg. up to ₹63 Cr) |
| Offer for Sale | 10,00,000 shares of ₹10 (agg. up to ₹12 Cr) |
| Fresh Issue (ex Market Maker) | 41,02,000 shares (agg. up to ₹50 Cr) |
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 | 2000 | ₹2,46,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,46,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,69,000 |
| S-HNI (Max) | 8 | 8000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 9000 | ₹11,07,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,98,000 (5.52%) | - |
| QIB Shares Offered | 25,42,000 (47.07%) | - |
| − Anchor Investor Shares Offered | 15,25,000 (28.24%) | - |
| − QIB (Ex. Anchor) Shares Offered | 10,17,000 (18.83%) | - |
| NII (HNI) Shares Offered | 7,74,000 (14.33%) | - |
| − bNII > ₹10L | 5,16,000 (9.56%) | - |
| − sNII < ₹10L | 2,58,000 (4.78%) | - |
| Retail Shares Offered | 17,86,000 (33.07%) | - |
| Total Shares Offered | 54,00,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 49.07 | 10.5 | 36.15 | 87.67 |
| 30/03/2025 | 71.62 | 13.01 | 25.65 | 73.59 |
| 30/03/2024 | 48.34 | 6.55 | 12.64 | 48.19 |
| 30/03/2023 | 29.71 | 3.65 | 6.09 | 33.54 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 8.13 | 10.29 |
| P/E (x) | 15.12 | 11.95 |
| Promoter Holding | 100% | 73.53% |
| Market Cap | ₹250.92 Cr. |
| 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) | 10,17,000 | 11,99,79,000 | 117.97 |
| 1(a) | foreign institutional investors (fiis) | - | 2,65,10,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | 74,56,000 | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | 8,60,13,000 | - |
| 2 | non institutional investors | 10,72,000 | 23,88,68,000 | 222.82 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 5,16,000 | 19,68,19,000 | 381.43 |
| 2.1(a) | corporates | - | 22,37,000 | - |
| 2.1(b) | individuals | - | 19,21,65,000 | - |
| 2.1(c) | others | - | 24,17,000 | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 2,58,000 | 4,20,49,000 | 162.98 |
| 2.2(a) | corporates | - | 1,98,000 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 4,13,61,000 | - |
| 2.2(c) | others | - | 4,90,000 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 17,86,000 | 23,78,20,000 | 133.16 |
| 3(a) | price bids | - | 23,78,20,000 | - |
| 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 | 38,75,000 | 59,66,67,000 | 153.98 |