| IPO Date | 26 Feb to 2 Mar, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,40,85,680 shares |
| Share Holding (Post-Issue) | 1,86,16,880 shares |
| Total Issue Size | 50,40,000 shares (agg. up to ₹36 Cr) |
| Reserved for Market Maker | 2,52,800 shares (agg. up to ₹2 Cr)Nikunj Stock Brokers Ltd. |
| Net Offered to Public | 47,87,200 shares (agg. up to ₹34 Cr) |
| Offer for Sale | 5,08,800 shares of ₹10 (agg. up to ₹4 Cr) |
| Fresh Issue (ex Market Maker) | 42,78,400 shares (agg. up to ₹31 Cr) |
Date: Thursday, 26 February 2026
IPO subscription opens for investorsDate: Monday, 2 March 2026
Last date for IPO subscriptionDate: Wednesday, 4 March 2026
Expected date for share allotmentDate: Thursday, 5 March 2026
Refunds initiated for unsuccessful applicationsDate: Thursday, 5 March 2026
Shares credited to demat accountsDate: Friday, 6 March 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,30,400 |
| S-HNI (Min) | 3 | 4800 | ₹3,45,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,21,600 |
| B-HNI (Min) | 9 | 14400 | ₹10,36,800 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,52,800 (5.02%) | - |
| QIB Shares Offered | 23,90,400 | - |
| − QIB (Ex. Anchor) Shares Offered | - | - |
| NII (HNI) Shares Offered | 7,20,000 (14.29%) | - |
| Retail Shares Offered | 16,76,800 (33.27%) | - |
| Total Shares Offered | 50,40,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/12/2025 | 49.61 | 4.01 | 23.53 | 58.83 |
| 30/03/2025 | 61.95 | 8.41 | 14.88 | 48.7 |
| 30/03/2024 | 41.77 | 4.39 | 6.47 | 29.45 |
| KPI | Values |
|---|---|
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 5.97 | 2.87 |
| P/E (x) | 12.06 | 25.07 |
| Promoter Holding | 95.49% | 69.52% |
| Market Cap | ₹134.04 Cr. |