| IPO Date | October 6, 2025 to October 8, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹310 to ₹326 per share |
| Lot Size | 46 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 4,03,48,69,037 shares |
| Share Holding (Post-Issue) | 4,24,48,69,037 shares |
| Total Issue Size | 47,58,24,280 shares (aggregating up to ₹15,511.87 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | 26,58,24,280 shares of ₹10 (aggregating up to ₹8,665.87 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 5 October 2025
IPO subscription opens for investorsDate: Tuesday, 7 October 2025
Last date for IPO subscriptionDate: Wednesday, 8 October 2025
Expected date for share allotmentDate: Thursday, 9 October 2025
Refunds initiated for unsuccessful applicationsDate: Thursday, 9 October 2025
Shares credited to demat accountsDate: Sunday, 12 October 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Oct 8, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,996 |
| Retail (Max) | 13 | 598 | ₹1,94,948 |
| S-HNI (Min) | 14 | 644 | ₹2,09,944 |
| S-HNI (Max) | 66 | 3036 | ₹9,89,736 |
| B-HNI (Min) | 67 | 3082 | ₹10,04,732 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 23,73,12,140 (49.87%) | NA |
| − Anchor Investor Shares Offered | 14,23,87,284 (29.92%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 9,49,24,856 (19.95%) | NA |
| NII (HNI) Shares Offered | 7,11,93,642 (14.96%) | NA |
| − bNII > ₹10L | 4,74,62,428 (9.97%) | 73,699 |
| − sNII < ₹10L | 2,37,31,214 (4.99%) | 36,849 |
| Retail Shares Offered | 16,61,18,498 (34.91%) | 36,11,271 |
| Employee Shares Offered | 12,00,000 (0.25%) | NA |
| Total Shares Offered | 47,58,24,280 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 1040.93 | 32761.73 | 252254.28 |
| 30/03/2025 | - | 3655.02 | 32587.82 | 248465.01 |
| 30/03/2024 | - | 3326.96 | 23540.19 | 176693.98 |
| 30/03/2023 | - | 2945.77 | 17959.06 | 135626.1 |
| KPI | Values |
|---|---|
| ROE | 12.6% |
| Debt/Equity | 6.60 |
| RoNW | 11.2% |
| Price to Book Value | 4.10 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 9.06 | 9.81 |
| - | 35.99 | 33.24 |
| 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) | 9,49,24,856 | 17,96,41,178 | 1.89 |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 10,08,89,914 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 90,07,582 | - |
| 1(c) | Mutual funds | - | 4,28,22,320 | - |
| 1(d) | Others | - | 2,69,21,362 | - |
| 2 | Non Institutional Investors | 7,11,93,642 | 10,41,01,404 | 1.46 |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 4,74,62,428 | 6,87,48,104 | 1.45 |
| 2.1(a) | Corporates | - | 39,46,938 | - |
| 2.1(b) | Individuals(Other than RIIs) | - | 5,74,93,560 | - |
| 2.1(c) | Others | - | 73,07,606 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 2,37,31,214 | 3,53,53,300 | 1.49 |
| 2.2(a) | Corporates | - | 4,26,098 | - |
| 2.2(b) | Individuals(Other than RIIs) | - | 3,31,57,720 | - |
| 2.2(c) | Others | - | 17,69,482 | - |
| 3 | Retail Individual Investors(RIIs) | 16,61,18,498 | 12,38,49,204 | 0.75 |
| 3(a) | Cut Off | - | 10,74,19,706 | - |
| 3(b) | Price bids | - | 1,64,29,498 | - |
| 4 | Employees | 12,00,000 | 27,34,746 | 2.28 |
| 4(a) | Cut Off | - | 23,11,224 | - |
| 4(b) | Price Bids | - | 4,23,522 | - |
| - | Total | 33,34,36,996 | 41,03,26,532 | 1.23 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
13/10/2025
Listing |
326.00 | Rs. 0 no-change | 1.96x | -- | 326 (0) | Rs. 0 | 13/10/2025, 8:53:00 am |
|
12/10/2025
|
326.00 | Rs. 0 no-change | 1.96x | -- | 326 (0) | Rs. 0 | 12/10/2025, 11:34:00 pm |
|
11/10/2025
|
326.00 | Rs. 0 down | 1.96x | -- | 326 (0) | Rs. 0 | 11/10/2025, 11:35:00 pm |
|
10/10/2025
|
326.00 | Rs. 5 down | 1.96x | 200/2800 | 331 (1.53) | Rs. 230 | 10/10/2025, 11:28:00 pm |
|
09/10/2025
Allotment |
326.00 | Rs. 6.5 up | 1.96x | 200/2800 | 332.5 (1.99) | Rs. 299 | 9/10/2025, 11:32:00 pm |
|
08/10/2025
Close |
326.00 | Rs. 3.5 down | 1.96x | 100/1400 | 329.5 (1.07) | Rs. 161 | 8/10/2025, 11:36:00 pm |
|
07/10/2025
|
326.00 | Rs. 6 down | 0.75x | 200/2800 | 332 (1.84) | Rs. 276 | 7/10/2025, 11:36:00 pm |
|
06/10/2025
Open |
326.00 | Rs. 12.5 up | 0.39x | 400/5600 | 338.5 (3.83) | Rs. 575 | 6/10/2025, 11:35:00 pm |
|
05/10/2025
|
326.00 | Rs. 7.5 down | 300/4200 | 333.5 (2.3) | Rs. 345 | 5/10/2025, 11:36:00 pm | |
|
04/10/2025
|
326.00 | Rs. 9 down | 300/4200 | 335 (2.76) | Rs. 414 | 4/10/2025, 11:30:00 pm | |
|
03/10/2025
|
326.00 | Rs. 13 down | 500/7000 | 339 (3.99) | Rs. 598 | 3/10/2025, 11:35:00 pm | |
|
02/10/2025
|
326.00 | Rs. 20 down | 700/9800 | 346 (6.13) | Rs. 920 | 2/10/2025, 11:36:00 pm | |
|
01/10/2025
|
326.00 | Rs. 22 no-change | 800/11200 | 348 (6.75) | Rs. 1012 | 1/10/2025, 11:28:00 pm | |
|
30/09/2025
|
326.00 | Rs. 22 down | 800/11200 | 348 (6.75) | Rs. 1012 | 30/9/2025, 11:35:00 pm | |
|
29/09/2025
|
326.00 | Rs. 27 down | 900/12600 | 353 (8.28) | Rs. 1242 | 29/9/2025, 11:31:00 pm | |
|
28/09/2025
|
0 | Rs. 28 up | -- | 28 (0) | Rs. 0 | 28/9/2025, 11:36:00 pm | |
|
27/09/2025
|
0 | Rs. 20 down | -- | 20 (0) | Rs. 0 | 27/9/2025, 11:34:00 pm | |
|
26/09/2025
|
0 | Rs. 30 no-change | -- | 30 (0) | Rs. 0 | 26/9/2025, 11:34:00 pm |