| IPO Date | November 6, 2025 to November 10, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹140 to ₹142 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,40,01,480 shares |
| Share Holding (Post-Issue) | 1,90,49,480 shares |
| Total Issue Size | 50,48,000 shares (aggregating up to ₹71.68 Cr) |
| Reserved for Market Maker | 2,53,000 shares (aggregating up to ₹3.59 Cr)SKI Capital Services Ltd. |
| Net Offered to Public | 47,95,000 shares (aggregating up to ₹68.09 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 5 November 2025
IPO subscription opens for investorsDate: Sunday, 9 November 2025
Last date for IPO subscriptionDate: Monday, 10 November 2025
Expected date for share allotmentDate: Tuesday, 11 November 2025
Refunds initiated for unsuccessful applicationsDate: Tuesday, 11 November 2025
Shares credited to demat accountsDate: Wednesday, 12 November 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Mon, Nov 10, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,84,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8000 | ₹11,36,000 |
| 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 Isssue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/07/2025 | - | 3.33 | 39.31 | 76.12 |
| 30/03/2025 | - | 8.5 | 35.98 | 68.93 |
| 30/03/2024 | - | 5.66 | 11.79 | 44.97 |
| 30/03/2023 | - | 1.83 | 6.13 | 27.47 |
| KPI | Values |
|---|---|
| ROE | 23.61% |
| ROCE | 32.11% |
| Debt/Equity | 0.51 |
| RoNW | 23.61% |
| PAT Margin | 3.81% |
| EBITDA Margin | 6.57% |
| 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) | - | 41,46,000 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 5,40,000 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 1,06,000 | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 35,00,000 | - |
| 2 | Non Institutional Investors | - | 62,87,000 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 53,55,000 | - |
| 2.1(a) | Corporates | - | 4,57,000 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 48,34,000 | - |
| 2.1(c) | Others | - | 64,000 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 9,32,000 | - |
| 2.2(a) | Corporates | - | 36,000 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 8,78,000 | - |
| 2.2(c) | Others | - | 18,000 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 48,60,000 | - |
| - | Total | - | 1,52,93,000 | - |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
12/11/2025
|
142.00 | Rs. 11 up | 4.43x | 8400 | 153 (7.75) | Rs. 11000 | 12/11/2025, 11:36:00 pm |
|
11/11/2025
Allotment |
142.00 | Rs. 0 no-change | 4.43x | -- | 142 (0) | Rs. 0 | 11/11/2025, 11:35:00 pm |
|
10/11/2025
Close |
142.00 | Rs. 0 no-change | 4.43x | -- | 142 (0) | Rs. 0 | 10/11/2025, 11:34:00 pm |
|
09/11/2025
|
142.00 | Rs. 0 no-change | 1.21x | -- | 142 (0) | Rs. 0 | 9/11/2025, 11:37:00 pm |
|
08/11/2025
|
142.00 | Rs. 0 no-change | 1.21x | -- | 142 (0) | Rs. 0 | 8/11/2025, 11:30:00 pm |
|
07/11/2025
|
142.00 | Rs. 0 no-change | 1.21x | -- | 142 (0) | Rs. 0 | 7/11/2025, 11:31:00 pm |
|
06/11/2025
Open |
142.00 | Rs. 0 no-change | 0.48x | -- | 142 (0) | Rs. 0 | 6/11/2025, 11:32:00 pm |
|
05/11/2025
|
142.00 | Rs. 0 no-change | -- | 142 (0) | Rs. 0 | 5/11/2025, 11:35:00 pm | |
|
04/11/2025
|
142.00 | Rs. 0 no-change | -- | 142 (0) | Rs. 0 | 4/11/2025, 11:37:00 pm | |
|
03/11/2025
|
142.00 | Rs. 0 no-change | -- | 142 (0) | Rs. 0 | 3/11/2025, 11:31:00 pm | |
|
01/11/2025
|
142.00 | Rs. 0 no-change | -- | 142 (0) | Rs. 0 | 1/11/2025, 3:54:00 pm | |
|
31/10/2025
|
142.00 | Rs. 0 no-change | -- | 142 (0) | Rs. 0 | 31/10/2025, 11:33:00 pm | |
|
30/10/2025
|
142.00 | Rs. 0 no-change | -- | 142 (0) | Rs. 0 | 30/10/2025, 11:36:00 pm | |
|
29/10/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 29/10/2025, 12:10:00 pm |