| IPO Date | October 15, 2025 to October 17, 2025 |
|---|---|
| Face Value | ₹5 per share |
| Issue Price Band | ₹1014 to ₹1065 per share |
| Lot Size | 14 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 3,38,12,415 shares |
| Share Holding (Post-Issue) | 3,61,59,832 shares |
| Total Issue Size | 42,34,740 shares (aggregating up to ₹451.00 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | 18,87,323 shares of ₹5 (aggregating up to ₹201.00 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 14 October 2025
IPO subscription opens for investorsDate: Thursday, 16 October 2025
Last date for IPO subscriptionDate: Sunday, 19 October 2025
Expected date for share allotmentDate: Wednesday, 22 October 2025
Refunds initiated for unsuccessful applicationsDate: Wednesday, 22 October 2025
Shares credited to demat accountsDate: Thursday, 23 October 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Oct 17, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹14,910 |
| Retail (Max) | 13 | 182 | ₹1,93,830 |
| S-HNI (Min) | 14 | 196 | ₹2,08,740 |
| S-HNI (Max) | 67 | 938 | ₹9,98,970 |
| B-HNI (Min) | 68 | 952 | ₹10,13,880 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 21,12,184 (49.88%) | NA |
| − Anchor Investor Shares Offered | 12,67,605 (29.93%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 8,44,579 (19.94%) | NA |
| NII (HNI) Shares Offered | 6,33,655 (14.96%) | NA |
| − bNII > ₹10L | 4,22,437 (9.98%) | 2,155 |
| − sNII < ₹10L | 2,11,218 (4.99%) | 1,077 |
| Retail Shares Offered | 14,78,529 (34.91%) | 1,05,609 |
| Employee Shares Offered | 10,373 (0.24%) | NA |
| Total Shares Offered | 42,34,741 (100.00%) |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | - | 24.38 | 577.03 | 1082.81 |
| 30/03/2025 | - | 133.3 | 553.69 | 1058.7 |
| 30/03/2024 | - | 100.32 | 421.93 | 757.12 |
| 30/03/2023 | - | 54.44 | 334.92 | 656 |
| KPI | Values |
|---|---|
| ROE | 19.42% |
| ROCE | 18.84% |
| Debt/Equity | 0.43 |
| RoNW | 22.11% |
| PAT Margin | 17.17% |
| EBITDA Margin | 27.43% |
| Price to Book Value | 6.50 |
| Market Capitalization | 3851.02 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 39.42 | 26.97 |
| - | 27.01 | 39.49 |
| 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) | 8,87,572 | 12,41,48,388 | 139.87 |
| 1(a) | foreign institutional investors (fiis) | - | 3,04,69,852 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 4,89,43,958 | - |
| 1(c) | mutual funds | - | 1,02,73,018 | - |
| 1(d) | others | - | 3,44,61,560 | - |
| 2 | non institutional investors(niis) | 6,65,681 | 11,18,84,290 | 168.07 |
| 2.1 | non institutional investors(bid amount of more than ten lakh rupees) | 4,43,788 | 8,52,34,128 | 192.06 |
| 2.1(a) | corporates | - | 7,30,254 | - |
| 2.1(b) | individuals (other than riis) | - | 8,04,51,546 | - |
| 2.1(c) | others | - | 40,52,328 | - |
| 2.2 | non institutional investors(bid amount of more than two lakh rupees and upto 10 lakh rupees) | 2,21,893 | 2,66,50,162 | 120.10 |
| 2.2(a) | corporates | - | 57,148 | - |
| 2.2(b) | individuals (other than riis) | - | 2,53,45,516 | - |
| 2.2(c) | others | - | 12,47,498 | - |
| 3 | retail individual investors (riis) | 15,53,255 | 3,76,83,548 | 24.26 |
| 3(a) | cut off | - | 3,07,20,718 | - |
| 3(b) | price bids | - | 69,62,830 | - |
| 4 | employee reserved | 10,952 | 2,67,694 | 24.44 |
| 4(a) | employee (cut off) | - | 2,09,846 | - |
| 4(b) | employee (price) | - | 57,848 | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 31,17,460 | 27,39,83,920 | 87.89 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
17/10/2025
Close |
1065.00 | Rs. 110 down | - | 1200/16800 | 1175 (10.33) | Rs. 1540 | 17/10/2025, 11:33:00 pm |
|
16/10/2025
|
1065.00 | Rs. 145 down | - | 1500/21000 | 1210 (13.62) | Rs. 2030 | 16/10/2025, 11:28:00 pm |
|
15/10/2025
Open |
1065.00 | Rs. 175.5 up | - | 1900/26600 | 1240.5 (16.48) | Rs. 2457 | 15/10/2025, 11:37:00 pm |
|
14/10/2025
|
1065.00 | Rs. 145 up | - | 1500/21000 | 1210 (13.62) | Rs. 2030 | 14/10/2025, 11:30:00 pm |
|
13/10/2025
|
1065.00 | Rs. 0 no-change | - | -- | 1065 (0) | Rs. 0 | 13/10/2025, 11:31:00 pm |
|
12/10/2025
|
1065.00 | Rs. 0 no-change | - | -- | 1065 (0) | Rs. 0 | 12/10/2025, 11:33:00 pm |
|
11/10/2025
|
1065.00 | Rs. 0 no-change | - | -- | 1065 (0) | Rs. 0 | 11/10/2025, 11:28:00 pm |
|
10/10/2025
|
1065.00 | Rs. 0 no-change | - | -- | 1065 (0) | Rs. 0 | 10/10/2025, 11:29:00 pm |