| IPO Date | October 9, 2025 to October 13, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹253 to ₹266 per share |
| Lot Size | 56 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 19,94,17,428 shares |
| Share Holding (Post-Issue) | 19,94,17,428 shares |
| Total Issue Size | 4,98,54,357 shares (aggregating up to ₹1,326.13 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 8 October 2025
IPO subscription opens for investorsDate: Sunday, 12 October 2025
Last date for IPO subscriptionDate: Monday, 13 October 2025
Expected date for share allotmentDate: Tuesday, 14 October 2025
Refunds initiated for unsuccessful applicationsDate: Tuesday, 14 October 2025
Shares credited to demat accountsDate: Wednesday, 15 October 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Mon, Oct 13, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 56 | ₹14,896 |
| Retail (Max) | 13 | 728 | ₹1,93,648 |
| S-HNI (Min) | 14 | 784 | ₹2,08,544 |
| S-HNI (Max) | 67 | 3752 | ₹9,98,032 |
| B-HNI (Min) | 68 | 3808 | ₹10,12,928 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 2,84,07,124 (53.26%) | NA |
| − Anchor Investor Shares Offered | 1,49,56,306 (28.04%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,34,50,818 (25.22%) | NA |
| NII (HNI) Shares Offered | 74,78,154 (14.02%) | NA |
| − bNII > ₹10L | 49,85,436 (9.35%) | 6,358 |
| − sNII < ₹10L | 24,92,718 (4.67%) | 3,179 |
| Retail Shares Offered | 1,74,49,025 (32.72%) | 3,11,589 |
| Total Shares Offered | 5,33,34,303 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 60.98 | 660.6 | 735.1 |
| 30/03/2025 | - | 190.7 | 600.06 | 674.03 |
| 30/03/2024 | - | 151 | 454.49 | 516.81 |
| 30/03/2023 | - | 79 | 328.55 | 377.97 |
| KPI | Values |
|---|---|
| RoNW | 36.17% |
| PAT Margin | 0.18% |
| EBITDA Margin | 0.26% |
| Price to Book Value | 8.84 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 9.56 | 12.23 |
| - | 27.82 | 21.75 |
| 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) | 99,70,872 | 15,48,38,880 | 15.53 |
| 1(a) | foreign institutional investors (fiis) | - | 10,96,66,872 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 86,92,264 | - |
| 1(c) | mutual funds | - | 3,60,65,120 | - |
| 1(d) | others | - | 4,14,624 | - |
| 2 | non institutional investors (niis) | 74,78,154 | 1,31,06,408 | 1.75 |
| 2.1 | non institutional investors (bid amount of more than ten lakh rupees) | 49,85,436 | 80,96,144 | 1.62 |
| 2.1(a) | corporates | - | 5,54,176 | - |
| 2.1(b) | individuals (other than riis) | - | 73,58,904 | - |
| 2.1(c) | others | - | 1,83,064 | - |
| 2.2 | non institutional investors (bid amount of more than two lakh and upto ten lakh rupees) | 24,92,718 | 50,10,264 | 2.01 |
| 2.2(a) | corporates | - | 76,440 | - |
| 2.2(b) | individuals (other than riis) | - | 48,86,672 | - |
| 2.2(c) | others | - | 47,152 | - |
| 3 | retail individual investors (riis) | 1,74,49,025 | 1,51,29,072 | 0.87 |
| 3(a) | cut off | - | 1,21,41,136 | - |
| 3(b) | price bids | - | 29,87,936 | - |
| 4 | employee reserved | - | - | - |
| 4(a) | employee (cut off) | - | - | - |
| 4(b) | employee (price) | - | - | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 3,48,98,051 | 18,30,74,360 | 5.25 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
16/10/2025
Listing |
266.00 | Rs. 20 down | 9.74x | 900/12600 | 286 (7.52) | Rs. 1120 | 16/10/2025, 9:36:00 am |
|
15/10/2025
|
266.00 | Rs. 22 up | 9.74x | 900/12600 | 288 (8.27) | Rs. 1232 | 15/10/2025, 11:34:00 pm |
|
14/10/2025
Allotment |
266.00 | Rs. 11 down | 9.74x | 500/7000 | 277 (4.14) | Rs. 616 | 14/10/2025, 11:34:00 pm |
|
13/10/2025
Close |
266.00 | Rs. 13 up | 9.74x | 600/8400 | 279 (4.89) | Rs. 728 | 13/10/2025, 11:37:00 pm |
|
12/10/2025
|
266.00 | Rs. 8 down | 0.44x | 300/4200 | 274 (3.01) | Rs. 448 | 12/10/2025, 11:37:00 pm |
|
11/10/2025
|
266.00 | Rs. 18 down | 0.44x | 800/11200 | 284 (6.77) | Rs. 1008 | 11/10/2025, 11:34:00 pm |
|
10/10/2025
|
266.00 | Rs. 20 down | 0.44x | 900/12600 | 286 (7.52) | Rs. 1120 | 10/10/2025, 11:31:00 pm |
|
09/10/2025
Open |
266.00 | Rs. 21 down | 0.21x | 900/12600 | 287 (7.89) | Rs. 1176 | 9/10/2025, 11:28:00 pm |
|
08/10/2025
|
266.00 | Rs. 35 no-change | 1500/21000 | 301 (13.16) | Rs. 1960 | 8/10/2025, 11:33:00 pm | |
|
07/10/2025
|
266.00 | Rs. 35 up | 1500/21000 | 301 (13.16) | Rs. 1960 | 7/10/2025, 11:33:00 pm | |
|
06/10/2025
|
266.00 | Rs. 0 no-change | -- | 266 (0) | Rs. 0 | 6/10/2025, 11:37:00 pm | |
|
05/10/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 5/10/2025, 6:45:00 am |