| IPO Date | October 30, 2025 to November 3, 2025 |
|---|---|
| Face Value | ₹5 per share |
| Issue Price Band | ₹557 to ₹585 per share |
| Lot Size | 25 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 3,93,53,400 shares |
| Share Holding (Post-Issue) | 3,93,53,400 shares |
| Total Issue Size | 77,86,120 shares (aggregating up to ₹455.49 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 29 October 2025
IPO subscription opens for investorsDate: Sunday, 2 November 2025
Last date for IPO subscriptionDate: Monday, 3 November 2025
Expected date for share allotmentDate: Wednesday, 5 November 2025
Refunds initiated for unsuccessful applicationsDate: Wednesday, 5 November 2025
Shares credited to demat accountsDate: Thursday, 6 November 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Mon, Nov 3, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,625 |
| Retail (Max) | 13 | 325 | ₹1,90,125 |
| S-HNI (Min) | 14 | 350 | ₹2,04,750 |
| S-HNI (Max) | 68 | 1700 | ₹9,94,500 |
| B-HNI (Min) | 69 | 1725 | ₹10,09,125 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Offer | - |
| Retail Shares Offered | Not less than 35% of the Offer | - |
| NII Shares Offered | Not less than 15% of the Offer | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 20.25 | 469.77 | 586.61 |
| 30/03/2025 | - | 69.64 | 449.48 | 556.71 |
| 30/03/2024 | - | 57.23 | 387.41 | 485.56 |
| 30/03/2023 | - | 33.15 | 338.02 | 461.07 |
| KPI | Values |
|---|---|
| ROE | 16.64% |
| ROCE | 20.25% |
| Debt/Equity | -0.07 |
| RoNW | 15.49% |
| PAT Margin | 11.93% |
| EBITDA Margin | 17.96% |
| Price to Book Value | 5.12 |
| Market Capitalization | 2302.17 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 17.70 | 20.58 |
| - | 33.06 | 28.43 |
| 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) | 15,57,224 | 55,925 | 0.04 |
| 1(a) | foreign institutional investors (fiis) | - | - | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 2,425 | - |
| 1(c) | mutual funds | - | 350 | - |
| 1(d) | others | - | 53,150 | - |
| 2 | non institutional investors(niis) | 11,67,918 | 1,12,31,100 | 9.62 |
| 2.1 | non institutional investors(bid amount of more than ten lakh rupees) | 7,78,612 | 64,85,675 | 8.33 |
| 2.1(a) | corporates | - | 78,000 | - |
| 2.1(b) | individuals (other than riis) | - | 61,77,800 | - |
| 2.1(c) | others | - | 2,29,875 | - |
| 2.2 | non institutional investors(bid amount of more than two lakh rupees and upto 10 lakh rupees) | 3,89,306 | 47,45,425 | 12.19 |
| 2.2(a) | corporates | - | 21,875 | - |
| 2.2(b) | individuals (other than riis) | - | 45,26,950 | - |
| 2.2(c) | others | - | 1,96,600 | - |
| 3 | retail individual investors (riis) | 27,25,142 | 1,64,15,125 | 6.02 |
| 3(a) | cut off | - | 1,35,25,775 | - |
| 3(b) | price bids | - | 28,89,350 | - |
| 4 | employee reserved | - | - | - |
| 4(a) | employee (cut off) | - | - | - |
| 4(b) | employee (price) | - | - | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 54,50,284 | 2,77,02,150 | 5.08 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
01/11/2025
|
585.00 | Rs. 67 no-change | - | 1300/18200 | 652 (11.45) | Rs. 1675 | 1/11/2025, 4:02:00 pm |
|
31/10/2025
|
585.00 | Rs. 67 up | - | 1300/18200 | 652 (11.45) | Rs. 1675 | 31/10/2025, 11:34:00 pm |
|
30/10/2025
Open |
585.00 | Rs. 63 up | - | 1200/16800 | 648 (10.77) | Rs. 1575 | 30/10/2025, 11:37:00 pm |
|
29/10/2025
|
585.00 | Rs. 53 down | - | 1000/14000 | 638 (9.06) | Rs. 1325 | 29/10/2025, 11:37:00 pm |
|
28/10/2025
|
585.00 | Rs. 55 no-change | - | 1000/14000 | 640 (9.4) | Rs. 1375 | 28/10/2025, 11:36:00 pm |
|
27/10/2025
|
585.00 | Rs. 55 down | - | 1000/14000 | 640 (9.4) | Rs. 1375 | 27/10/2025, 11:33:00 pm |
|
26/10/2025
|
0 | Rs. 85 no-change | - | -- | 85 (0) | Rs. 0 | 26/10/2025, 11:33:00 pm |