| IPO Date | September 29, 2025 to October 1, 2025 |
|---|---|
| Face Value | ₹2 per share |
| Issue Price Band | ₹120 to ₹129 per share |
| Lot Size | 114 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 8,00,00,000 shares |
| Share Holding (Post-Issue) | 9,24,03,100 shares |
| Total Issue Size | 2,37,98,740 shares (aggregating up to ₹307.00 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | 1,13,95,640 shares of ₹2 (aggregating up to ₹147.00 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 28 September 2025
IPO subscription opens for investorsDate: Tuesday, 30 September 2025
Last date for IPO subscriptionDate: Thursday, 2 October 2025
Expected date for share allotmentDate: Sunday, 5 October 2025
Refunds initiated for unsuccessful applicationsDate: Sunday, 5 October 2025
Shares credited to demat accountsDate: Monday, 6 October 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Oct 1, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 114 | ₹14,706 |
| Retail (Max) | 13 | 1482 | ₹1,91,178 |
| S-HNI (Min) | 14 | 1596 | ₹2,05,884 |
| S-HNI (Max) | 67 | 7638 | ₹9,85,302 |
| B-HNI (Min) | 68 | 7752 | ₹10,00,008 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 71,39,622 (30.00%) | |
| NII (HNI) Shares Offered | 71,39,622 (30.00%) | |
| Retail Shares Offered | 95,19,496 (40.00%) | 83,504 |
| Total Shares Offered | 2,37,98,740 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/03/2025 | - | 56.14 | - | 156.1 |
| 30/03/2024 | - | 30.96 | - | 81.72 |
| 30/03/2023 | - | 22.44 | - | 72.08 |
| KPI | Values |
|---|---|
| ROE | 56.98% |
| ROCE | 72.58% |
| Debt/Equity | 0.22 |
| RoNW | 56.98% |
| PAT Margin | 5.97% |
| EBITDA Margin | 8.34% |
| Price to Book Value | 10.47 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 7.02 | 6.08 |
| P/E (x) | 18.38 | 21.23 |
| 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) | 28,13,652 | 52,48,104 | 1.87 |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 32,17,080 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 1,596 | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 20,29,428 | - |
| 2 | Non Institutional Investors | 74,18,690 | 1,47,09,762 | 1.98 |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 49,45,794 | 1,21,68,018 | 2.46 |
| 2.1(a) | Corporates | - | 6,35,892 | - |
| 2.1(b) | Individuals(Other than RIIs) | - | 1,10,51,502 | - |
| 2.1(c) | Others | - | 4,80,624 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 24,72,896 | 25,41,744 | 1.03 |
| 2.2(a) | Corporates | - | 36,708 | - |
| 2.2(b) | Individuals(Other than RIIs) | - | 24,52,368 | - |
| 2.2(c) | Others | - | 52,668 | - |
| 3 | Retail Individual Investors(RIIs) | 98,91,587 | 90,41,454 | 0.91 |
| 3(a) | Cut Off | - | 79,12,968 | - |
| 3(b) | Price bids | - | 11,28,486 | - |
| - | Total | 2,01,23,929 | 2,89,99,320 | 1.44 |