| IPO Date | 30 Jan to 3 Feb, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,49,60,000 shares |
| Share Holding (Post-Issue) | 1,93,68,000 shares |
| Total Issue Size | 54,00,000 shares (agg. up to ₹88 Cr) |
| Reserved for Market Maker | 2,73,600 shares (agg. up to ₹4 Cr)Svcm Securities Pvt.Ltd. |
| Net Offered to Public | 51,26,400 shares (agg. up to ₹84 Cr) |
| Offer for Sale | 9,92,000 shares of ₹10 (agg. up to ₹16 Cr) |
| Fresh Issue (ex Market Maker) | 41,34,400 shares (agg. up to ₹67 Cr) |
Date: Friday, 30 January 2026
IPO subscription opens for investorsDate: Tuesday, 3 February 2026
Last date for IPO subscriptionDate: Wednesday, 4 February 2026
Expected date for share allotmentDate: Thursday, 5 February 2026
Refunds initiated for unsuccessful applicationsDate: Thursday, 5 February 2026
Shares credited to demat accountsDate: Friday, 6 February 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1600 | ₹2,60,800 |
| Individual investors (Retail) (Max) | 2 | 1600 | ₹2,60,800 |
| S-HNI (Min) | 3 | 2400 | ₹3,91,200 |
| S-HNI (Max) | 7 | 5600 | ₹9,12,800 |
| B-HNI (Min) | 8 | 6400 | ₹10,43,200 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer | - |
| Retail Shares Offered | Not less than 35% of the Net Offer | - |
| NII Shares Offered | Not less than 15% of the Net Offer | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 159.93 | 8.59 | 51.12 | 79.74 |
| 30/03/2025 | 301.85 | 16.36 | 42.53 | 68.09 |
| 30/03/2024 | 233.35 | 12.67 | 26.17 | 53.45 |
| 30/03/2023 | 109.93 | 4.51 | 13.5 | 17.76 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 10.94 | 8.87 |
| P/E (x) | 14.9 | 18.38 |
| Promoter Holding | 100.00% | 72.12% |
| Market Cap | ₹315.70 Cr. |
| 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) | - | 15,96,000 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 15,34,400 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 61,600 | - |
| 2 | Non Institutional Investors | - | 22,20,800 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 13,69,600 | - |
| 2.1(a) | Corporates | - | 3,34,400 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 10,35,200 | - |
| 2.1(c) | Others | - | - | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 8,51,200 | - |
| 2.2(a) | Corporates | - | 9,600 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 8,41,600 | - |
| 2.2(c) | Others | - | - | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 38,54,400 | - |
| - | Total | - | 76,71,200 | - |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
29/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 29/1/2026, 10:32:00 pm |
|
28/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 28/1/2026, 11:35:00 pm |
|
27/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 27/1/2026, 11:32:00 pm |
|
26/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 26/1/2026, 11:37:00 pm |
|
25/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 25/1/2026, 11:31:00 pm |
|
24/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 24/1/2026, 11:31:00 pm |
|
23/01/2026
|
163.00 | Rs. 0 no-change | - | -- | 163 (0) | Rs. 0 | 23/1/2026, 11:33:00 pm |
|
22/01/2026
|
Rs. 0 no-change | - | -- | () | Rs. 0 | 22/1/2026, 1:10:00 pm |