| IPO Date | November 28, 2025 to December 2, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹120 to ₹126 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 67,50,000 shares |
| Share Holding (Post-Issue) | 92,46,000 shares |
| Total Issue Size | 24,96,000 shares (aggregating up to ₹31.45 Cr) |
| Reserved for Market Maker | 1,28,000 shares (aggregating up to ₹1.61 Cr)Shreni Shares Ltd. |
| Net Offered to Public | 23,68,000 shares (aggregating up to ₹29.84 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Thursday, 27 November 2025
IPO subscription opens for investorsDate: Monday, 1 December 2025
Last date for IPO subscriptionDate: Tuesday, 2 December 2025
Expected date for share allotmentDate: Wednesday, 3 December 2025
Refunds initiated for unsuccessful applicationsDate: Wednesday, 3 December 2025
Shares credited to demat accountsDate: Thursday, 4 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Tue, Dec 2, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 7000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,08,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 1,28,000 (5.13%) | - |
| QIB Shares Offered | 11,14,000 (44.63%) | - |
| − Anchor Investor Shares Offered | 6,34,000 (25.40%) | - |
| − QIB (Ex. Anchor) Shares Offered | 4,80,000 (19.23%) | - |
| NII (HNI) Shares Offered | 3,78,000 (15.14%) | - |
| Retail Shares Offered | 8,76,000 (35.10%) | - |
| Total Shares Offered | 24,96,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/12/2024 | - | 6.57 | 14.75 | 75.8 |
| 30/03/2024 | - | 5.44 | 8.18 | 33.48 |
| 30/03/2023 | - | 0.66 | 2.75 | 26.99 |
| 30/03/2022 | - | 0.29 | 2.09 | 28.32 |
| KPI | Values |
|---|---|
| ROE | 99.50% |
| ROCE | 42.43% |
| Debt/Equity | 1.35 |
| RoNW | 66.45% |
| PAT Margin | 6.05% |
| 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) | 4,80,000 | 56,87,000 | 11.85 |
| 1(a) | foreign institutional investors (fiis) | - | 9,51,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | 47,36,000 | - |
| 2 | non institutional investors | 5,06,000 | 30,33,000 | 5.99 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 2,52,000 | 23,63,000 | 9.38 |
| 2.1(a) | corporates | - | 2,00,000 | - |
| 2.1(b) | individuals | - | 21,63,000 | - |
| 2.1(c) | others | - | - | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 1,26,000 | 6,70,000 | 5.32 |
| 2.2(a) | corporates | - | - | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 6,58,000 | - |
| 2.2(c) | others | - | 12,000 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 8,76,000 | 33,30,000 | 3.80 |
| 3(a) | price bids | - | 33,30,000 | - |
| 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 | 18,62,000 | 1,20,50,000 | 6.47 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
04/12/2025
|
126.00 | Rs. 0 no-change | 6.88x | -- | 126 (0) | Rs. 0 | 4/12/2025, 11:34:00 pm |
|
03/12/2025
Allotment |
126.00 | Rs. 0 no-change | 6.88x | -- | 126 (0) | Rs. 0 | 3/12/2025, 11:31:00 pm |
|
02/12/2025
Close |
126.00 | Rs. 0 no-change | 6.88x | -- | 126 (0) | Rs. 0 | 2/12/2025, 11:31:00 pm |
|
01/12/2025
|
126.00 | Rs. 0 no-change | 1.35x | -- | 126 (0) | Rs. 0 | 1/12/2025, 11:34:00 pm |
|
30/11/2025
|
126.00 | Rs. 0 no-change | 0.65x | -- | 126 (0) | Rs. 0 | 30/11/2025, 11:36:00 pm |
|
29/11/2025
|
126.00 | Rs. 0 no-change | 0.65x | -- | 126 (0) | Rs. 0 | 29/11/2025, 11:33:00 pm |
|
28/11/2025
Open |
126.00 | Rs. 0 no-change | 0.65x | -- | 126 (0) | Rs. 0 | 28/11/2025, 11:28:00 pm |
|
27/11/2025
|
126.00 | Rs. 0 no-change | -- | 126 (0) | Rs. 0 | 27/11/2025, 11:28:00 pm | |
|
26/11/2025
|
126.00 | Rs. 0 no-change | -- | 126 (0) | Rs. 0 | 26/11/2025, 11:29:00 pm | |
|
25/11/2025
|
126.00 | Rs. 0 no-change | -- | 126 (0) | Rs. 0 | 25/11/2025, 11:31:00 pm | |
|
24/11/2025
|
126.00 | Rs. 0 no-change | -- | 126 (0) | Rs. 0 | 24/11/2025, 11:35:00 pm |