| IPO Date | December 1, 2025 to December 3, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹125 to ₹132 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,75,62,112 shares |
| Share Holding (Post-Issue) | 2,40,47,112 shares |
| Total Issue Size | 64,85,000 shares (aggregating up to ₹85.60 Cr) |
| Reserved for Market Maker | 3,25,000 shares (aggregating up to ₹4.29 Cr) |
| Net Offered to Public | 61,60,000 shares (aggregating up to ₹81.31 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 30 November 2025
IPO subscription opens for investorsDate: Tuesday, 2 December 2025
Last date for IPO subscriptionDate: -
Expected date for share allotmentDate: Thursday, 4 December 2025
Refunds initiated for unsuccessful applicationsDate: Thursday, 4 December 2025
Shares credited to demat accountsDate: Sunday, 7 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Dec 3, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,64,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,64,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,96,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,56,000 |
| 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 Issue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/12/2024 | - | 11.75 | 101.45 | 215.5 |
| 30/03/2024 | - | 11.74 | 89.7 | 164.37 |
| 30/03/2023 | - | 6.97 | 77.97 | 147.24 |
| 30/03/2022 | - | 4.73 | 71 | 128.4 |
| KPI | Values |
|---|---|
| ROE | 14% |
| ROCE | 18.93% |
| Debt/Equity | 0.51 |
| RoNW | 14% |
| PAT Margin | 4.21% |
| EBITDA Margin | 7.40% |
| Market Capitalization | ₹317.42 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 6.68 | 6.51 |
| - | 19.75 | 20.27 |
| 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) | - | 1,22,91,000 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 9,25,000 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 76,000 | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 1,12,90,000 | - |
| 2 | Non Institutional Investors | - | 1,18,84,000 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 93,55,000 | - |
| 2.1(a) | Corporates | - | 5,57,000 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 83,42,000 | - |
| 2.1(c) | Others | - | 4,56,000 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 25,29,000 | - |
| 2.2(a) | Corporates | - | 71,000 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 24,37,000 | - |
| 2.2(c) | Others | - | 21,000 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 1,42,32,000 | - |
| - | Total | - | 3,84,07,000 | - |