| IPO Date | October 7, 2025 to October 9, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹1080 to ₹1140 per share |
| Lot Size | 13 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 67,87,72,392 shares |
| Share Holding (Post-Issue) | 67,87,72,392 shares |
| Total Issue Size | 10,18,15,859 shares (aggregating up to ₹11,607.01 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Monday, 6 October 2025
IPO subscription opens for investorsDate: Wednesday, 8 October 2025
Last date for IPO subscriptionDate: Thursday, 9 October 2025
Expected date for share allotmentDate: Sunday, 12 October 2025
Refunds initiated for unsuccessful applicationsDate: Sunday, 12 October 2025
Shares credited to demat accountsDate: Monday, 13 October 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Thu, Oct 9, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 13 | ₹14,820 |
| Retail (Max) | 13 | 169 | ₹1,92,660 |
| S-HNI (Min) | 14 | 182 | ₹2,07,480 |
| S-HNI (Max) | 67 | 871 | ₹9,92,940 |
| B-HNI (Min) | 68 | 884 | ₹10,07,760 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 2,03,21,026 | NA |
| − QIB (Ex. Anchor) Shares Offered | 2,03,21,026 | NA |
| NII (HNI) Shares Offered | 1,52,40,770 (21.37%) | NA |
| − bNII > ₹10L | 1,01,60,513 (14.24%) | 55,826 |
| − sNII < ₹10L | 50,80,257 (7.12%) | 27,913 |
| Retail Shares Offered | 3,55,61,796 (49.85%) | 27,35,522 |
| Employee Shares Offered | 2,10,728 (0.30%) | NA |
| Total Shares Offered | 7,13,34,320 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 513.26 | 6447.85 | 11516.44 |
| 30/03/2025 | - | 2203.35 | 5933.75 | 11517.15 |
| 30/03/2024 | - | 1511.07 | 3735.82 | 8498.44 |
| 30/03/2023 | - | 1344.93 | 4319.82 | 8992.12 |
| KPI | Values |
|---|---|
| ROCE | 42.91% |
| RoNW | 37.13% |
| PAT Margin | 8.95% |
| EBITDA Margin | 12.76% |
| Price to Book Value | 13.04 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 32.46 | 30.25 |
| - | 35.12 | 37.69 |
| 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) | 2,03,21,026 | 1,90,11,33,897 | 93.56 |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 90,73,78,745 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 71,85,23,143 | - |
| 1(c) | Mutual funds | - | 17,09,45,450 | - |
| 1(d) | Others | - | 10,42,86,559 | - |
| 2 | Non Institutional Investors | 1,52,40,770 | 22,84,77,639 | 14.99 |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 1,01,60,514 | 16,59,83,844 | 16.34 |
| 2.1(a) | Corporates | - | 49,97,213 | - |
| 2.1(b) | Individuals(Other than RIIs) | - | 14,66,11,478 | - |
| 2.1(c) | Others | - | 1,43,75,153 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 50,80,256 | 6,24,93,795 | 12.30 |
| 2.2(a) | Corporates | - | 1,62,071 | - |
| 2.2(b) | Individuals(Other than RIIs) | - | 5,90,70,323 | - |
| 2.2(c) | Others | - | 32,61,401 | - |
| 3 | Retail Individual Investors(RIIs) | 3,55,61,796 | 8,67,66,407 | 2.44 |
| 3(a) | Cut Off | - | 7,43,85,194 | - |
| 3(b) | Price bids | - | 1,23,81,213 | - |
| 4 | Employees | 2,10,728 | 13,01,313 | 6.18 |
| 4(a) | Cut Off | - | 10,72,890 | - |
| 4(b) | Price Bids | - | 2,28,423 | - |
| - | Total | 7,13,34,320 | 2,21,76,79,256 | 31.09 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
14/10/2025
Listing |
1140.00 | Rs. 460 up | - | 4500/63000 | 1600 (40.35) | Rs. 5980 | 14/10/2025, 9:36:00 am |
|
13/10/2025
|
1140.00 | Rs. 430 up | - | 4200/58800 | 1570 (37.72) | Rs. 5590 | 13/10/2025, 11:29:00 pm |
|
12/10/2025
|
1140.00 | Rs. 370 down | - | 3700/51800 | 1510 (32.46) | Rs. 4810 | 12/10/2025, 11:29:00 pm |
|
11/10/2025
|
1140.00 | Rs. 391 down | - | 3900/54600 | 1531 (34.3) | Rs. 5083 | 11/10/2025, 11:35:00 pm |
|
10/10/2025
Allotment |
1140.00 | Rs. 395 up | - | 3900/54600 | 1535 (34.65) | Rs. 5135 | 10/10/2025, 11:28:00 pm |
|
09/10/2025
Close |
1140.00 | Rs. 380 up | - | 3800/53200 | 1520 (33.33) | Rs. 4940 | 9/10/2025, 11:29:00 pm |
|
08/10/2025
|
1140.00 | Rs. 300 up | - | 3000/42000 | 1440 (26.32) | Rs. 3900 | 8/10/2025, 11:31:00 pm |
|
07/10/2025
Open |
1140.00 | Rs. 298 down | - | 2900/40600 | 1438 (26.14) | Rs. 3874 | 7/10/2025, 11:33:00 pm |
|
06/10/2025
|
1140.00 | Rs. 318 up | - | 3100/43400 | 1458 (27.89) | Rs. 4134 | 6/10/2025, 11:28:00 pm |
|
05/10/2025
|
1140.00 | Rs. 250 up | - | 2500/35000 | 1390 (21.93) | Rs. 3250 | 5/10/2025, 11:35:00 pm |
|
04/10/2025
|
1140.00 | Rs. 228 up | - | 2300/32200 | 1368 (20) | Rs. 2964 | 4/10/2025, 11:37:00 pm |
|
03/10/2025
|
1140.00 | Rs. 175 up | - | 1700/23800 | 1315 (15.35) | Rs. 2275 | 3/10/2025, 11:33:00 pm |
|
02/10/2025
|
1140.00 | Rs. 146 up | - | 1400/19600 | 1286 (12.81) | Rs. 1898 | 2/10/2025, 11:30:00 pm |
|
01/10/2025
|
1140.00 | Rs. 145 no-change | - | 1400/19600 | 1285 (12.72) | Rs. 1885 | 1/10/2025, 11:33:00 pm |