| IPO Date | December 8, 2025 to December 10, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹1008 to ₹1062 per share |
| Lot Size | 14 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 6,11,60,088 shares |
| Share Holding (Post-Issue) | 6,11,60,088 shares |
| Total Issue Size | 61,71,101 shares (aggregating up to ₹655.37 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 7 December 2025
IPO subscription opens for investorsDate: Tuesday, 9 December 2025
Last date for IPO subscriptionDate: Wednesday, 10 December 2025
Expected date for share allotmentDate: Thursday, 11 December 2025
Refunds initiated for unsuccessful applicationsDate: Thursday, 11 December 2025
Shares credited to demat accountsDate: Sunday, 14 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Dec 10, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹14,868 |
| Retail (Max) | 13 | 182 | ₹1,93,284 |
| S-HNI (Min) | 14 | 196 | ₹2,08,152 |
| S-HNI (Max) | 67 | 938 | ₹9,96,156 |
| B-HNI (Min) | 68 | 952 | ₹10,11,024 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not less than 50% of the Net Offer | - |
| Retail Shares Offered | Not more than 35% of the Net Offer | - |
| NII Shares Offered | Not more than 15% of the Net Offer | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 46.2 | 607.02 | 1012.38 |
| 30/03/2025 | - | 149.43 | 606.34 | 929.86 |
| 30/03/2024 | - | 90.5 | 480.41 | 830.58 |
| 30/03/2023 | - | 84.93 | 408.52 | 595.02 |
| KPI | Values |
|---|---|
| ROE | 27.50% |
| ROCE | 41.32% |
| Debt/Equity | 0.10 |
| RoNW | 24.65% |
| PAT Margin | 12.49% |
| EBITDA Margin | 20.55% |
| Price to Book Value | 10.71 |
| Market Capitalization | ₹6,495.20 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 24.43 | 30.21 |
| - | 43.47 | 35.15 |
| 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) | 12,88,732 | 21,13,88,898 | 164.03 |
| 1(a) | foreign institutional investors (fiis) | - | 5,98,54,998 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 7,22,06,330 | - |
| 1(c) | mutual funds | - | 1,55,81,104 | - |
| 1(d) | others | - | 6,37,46,466 | - |
| 2 | non institutional investors (niis) | 9,66,549 | 5,84,65,204 | 60.49 |
| 2.1 | non institutional investors (bid amount of more than ten lakh rupees) | 6,44,366 | 4,27,70,350 | 66.38 |
| 2.1(a) | corporates | - | 4,63,414 | - |
| 2.1(b) | individuals (other than riis) | - | 3,99,61,558 | - |
| 2.1(c) | others | - | 23,45,378 | - |
| 2.2 | non institutional investors (bid amount of more than two lakh and upto ten lakh rupees) | 3,22,183 | 1,56,94,854 | 48.71 |
| 2.2(a) | corporates | - | 34,790 | - |
| 2.2(b) | individuals (other than riis) | - | 1,50,95,430 | - |
| 2.2(c) | others | - | 5,64,634 | - |
| 3 | retail individual investors (riis) | 22,55,281 | 2,25,02,830 | 9.98 |
| 3(a) | cut off | - | 1,87,85,354 | - |
| 3(b) | price bids | - | 37,17,476 | - |
| 4 | employee reserved | 61,320 | 2,18,750 | 3.57 |
| 4(a) | employee (cut off) | - | 1,34,428 | - |
| 4(b) | employee (price) | - | 84,322 | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 45,71,882 | 29,25,75,682 | 63.99 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
14/12/2025
|
1062.00 | Rs. 342.5 up | 144.54x | 3600/50400 | 1404.5 (32.25) | Rs. 4795 | 14/12/2025, 11:29:00 pm |
|
13/12/2025
|
1062.00 | Rs. 295 down | 144.54x | 3100/43400 | 1357 (27.78) | Rs. 4130 | 13/12/2025, 11:31:00 pm |
|
12/12/2025
|
1062.00 | Rs. 330 up | 144.54x | 3500/49000 | 1392 (31.07) | Rs. 4620 | 12/12/2025, 11:30:00 pm |
|
11/12/2025
Allotment |
1062.00 | Rs. 291 down | 144.54x | 3100/43400 | 1353 (27.4) | Rs. 4074 | 11/12/2025, 11:28:00 pm |
|
10/12/2025
Close |
1062.00 | Rs. 295 up | 144.54x | 3100/43400 | 1357 (27.78) | Rs. 4130 | 10/12/2025, 11:34:00 pm |
|
09/12/2025
|
1062.00 | Rs. 270 up | 9.96x | 2900/40600 | 1332 (25.42) | Rs. 3780 | 9/12/2025, 8:49:00 pm |
|
08/12/2025
Open |
1062.00 | Rs. 262 down | 0.67x | 2800/39200 | 1324 (24.67) | Rs. 3668 | 8/12/2025, 4:53:00 pm |
|
07/12/2025
|
1062.00 | Rs. 290 down | 3100/43400 | 1352 (27.31) | Rs. 4060 | 7/12/2025, 11:36:00 pm | |
|
06/12/2025
|
1062.00 | Rs. 305 down | 3200/44800 | 1367 (28.72) | Rs. 4270 | 6/12/2025, 11:30:00 pm | |
|
05/12/2025
|
1062.00 | Rs. 365 no-change | 3900/54600 | 1427 (34.37) | Rs. 5110 | 5/12/2025, 11:36:00 pm | |
|
04/12/2025
|
1062.00 | Rs. 365 up | 3900/54600 | 1427 (34.37) | Rs. 5110 | 4/12/2025, 11:36:00 pm | |
|
03/12/2025
|
1062.00 | Rs. 307 up | 3300/46200 | 1369 (28.91) | Rs. 4298 | 3/12/2025, 11:31:00 pm | |
|
02/12/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 2/12/2025, 5:30:00 pm |