| IPO Date | Wed, Dec 17, 2025 to Fri, Dec 19, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 1,05,43,491 shares |
| Share Holding (Post-Issue) | 1,44,42,691 shares |
| Total Issue Size | 38,99,200 shares (aggregating up to ₹30.41 Cr) |
| Reserved for Market Maker | 1,95,200 shares (aggregating up to ₹1.52 Cr)Mansi Share & Stock Broking Pvt.Ltd. |
| Net Offered to Public | 37,04,000 shares (aggregating up to ₹28.89 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 16 December 2025
IPO subscription opens for investorsDate: Thursday, 18 December 2025
Last date for IPO subscriptionDate: Sunday, 21 December 2025
Expected date for share allotmentDate: Monday, 22 December 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 22 December 2025
Shares credited to demat accountsDate: Tuesday, 23 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Dec 19, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,49,600 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,49,600 |
| S-HNI (Min) | 3 | 4800 | ₹3,74,400 |
| S-HNI (Max) | 8 | 12800 | ₹9,98,400 |
| B-HNI (Min) | 9 | 14400 | ₹11,23,200 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 1,95,200 (5.01%) | - |
| QIB Shares Offered | 18,49,600 (47.44%) | - |
| − Anchor Investor Shares Offered | 11,10,400 (28.48%) | - |
| − QIB (Ex. Anchor) Shares Offered | 7,39,200 (18.96%) | - |
| NII (HNI) Shares Offered | 5,56,800 (14.28%) | - |
| − bNII > ₹10L | 3,71,200 (9.52%) | - |
| − sNII < ₹10L | 1,85,600 (4.76%) | - |
| Retail Shares Offered | 12,97,600 (33.28%) | - |
| Total Shares Offered | 38,99,200 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | - | 4.54 | 21.93 | 46.51 |
| 30/03/2025 | - | 6.82 | 17.39 | 35.22 |
| 30/03/2024 | - | 2.63 | 8.57 | 23.56 |
| 30/03/2023 | - | 3.83 | 5.94 | 18.07 |
| KPI | Values |
|---|---|
| ROE | 53% |
| ROCE | 53% |
| Debt/Equity | 0.07 |
| RoNW | 39.19% |
| PAT Margin | 3.58% |
| EBITDA Margin | 4.93% |
| Price to Book Value | 4.73 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 6.46 | 6.29 |
| P/E (x) | 12.07 | 12.4 |
| Promoter Holding | 82.00% |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
21/12/2025
|
78.00 | Rs. 0 no-change | 13.64x | -- | 78 (0) | Rs. 0 | 21/12/2025, 11:28:00 pm |
|
20/12/2025
|
78.00 | Rs. 0 no-change | 13.64x | -- | 78 (0) | Rs. 0 | 20/12/2025, 11:34:00 pm |
|
19/12/2025
Close |
78.00 | Rs. 0 no-change | 13.64x | -- | 78 (0) | Rs. 0 | 19/12/2025, 11:35:00 pm |
|
18/12/2025
|
78.00 | Rs. 0 no-change | 2.07x | -- | 78 (0) | Rs. 0 | 18/12/2025, 11:33:00 pm |
|
17/12/2025
Open |
78.00 | Rs. 0 no-change | 1.37x | -- | 78 (0) | Rs. 0 | 17/12/2025, 11:35:00 pm |
|
16/12/2025
|
78.00 | Rs. 0 no-change | -- | 78 (0) | Rs. 0 | 16/12/2025, 11:36:00 pm | |
|
15/12/2025
|
78.00 | Rs. 0 no-change | -- | 78 (0) | Rs. 0 | 15/12/2025, 11:30:00 pm | |
|
14/12/2025
|
78.00 | Rs. 0 no-change | -- | 78 (0) | Rs. 0 | 14/12/2025, 11:35:00 pm | |
|
13/12/2025
|
78.00 | Rs. 0 no-change | -- | 78 (0) | Rs. 0 | 13/12/2025, 11:33:00 pm | |
|
12/12/2025
|
78.00 | Rs. 0 no-change | -- | 78 (0) | Rs. 0 | 12/12/2025, 11:28:00 pm |