| IPO Date | December 2, 2025 to December 4, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹93 to ₹98 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,25,31,953 shares |
| Share Holding (Post-Issue) | 1,71,20,753 shares |
| Total Issue Size | 45,88,800 shares (aggregating up to ₹44.97 Cr) |
| Reserved for Market Maker | 2,32,800 shares (aggregating up to ₹2.28 Cr)Rikhav Securities Ltd. |
| Net Offered to Public | 43,56,000 shares (aggregating up to ₹42.69 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Monday, 1 December 2025
IPO subscription opens for investorsDate: Wednesday, 3 December 2025
Last date for IPO subscriptionDate: Thursday, 4 December 2025
Expected date for share allotmentDate: Sunday, 7 December 2025
Refunds initiated for unsuccessful applicationsDate: Sunday, 7 December 2025
Shares credited to demat accountsDate: Monday, 8 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Thu, Dec 4, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3600 | ₹3,52,800 |
| S-HNI (Max) | 8 | 9600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10800 | ₹10,58,400 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue | - |
| Retail Shares Offered | Not less than 35% of the Net Issue | - |
| NII Shares Offered | Not less than 15% of the Net Issue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| Invalid Date | - | 5.48 | 32.24 | 96.49 |
| Invalid Date | - | 7.75 | 19.75 | 78.89 |
| Invalid Date | - | 1.8 | 12 | 64.06 |
| Invalid Date | - | 1.07 | 8.05 | 50.6 |
| KPI | Values |
|---|---|
| ROE | 48.82% |
| ROCE | 41.67% |
| Debt/Equity | 1.80 |
| RoNW | 48.82% |
| PAT Margin | 9.00% |
| EBITDA Margin | 15.58% |
| Price to Book Value | 5.80 |
| Market Capitalization | ₹167.78 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 6.18 | 6.41 |
| - | 15.85 | 15.3 |
| 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) | - | 1,91,42,400 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 74,89,200 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 1,16,53,200 | - |
| 2 | Non Institutional Investors | - | 1,40,88,000 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 1,14,93,600 | - |
| 2.1(a) | Corporates | - | 8,67,600 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 1,04,41,200 | - |
| 2.1(c) | Others | - | 1,84,800 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 25,94,400 | - |
| 2.2(a) | Corporates | - | 36,000 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 25,30,800 | - |
| 2.2(c) | Others | - | 27,600 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 1,43,76,000 | - |
| - | Total | - | 4,76,06,400 | - |