| IPO Date | October 27, 2025 to October 29, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹116 to ₹122 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 63,44,449 shares |
| Share Holding (Post-Issue) | 86,91,649 shares |
| Total Issue Size | 23,47,200 shares (aggregating up to ₹28.64 Cr) |
| Reserved for Market Maker | 1,20,000 shares (aggregating up to ₹1.46 Cr) |
| Net Offered to Public | 22,27,200 shares (aggregating up to ₹27.17 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 26 October 2025
IPO subscription opens for investorsDate: Tuesday, 28 October 2025
Last date for IPO subscriptionDate: Wednesday, 29 October 2025
Expected date for share allotmentDate: Thursday, 30 October 2025
Refunds initiated for unsuccessful applicationsDate: Thursday, 30 October 2025
Shares credited to demat accountsDate: Sunday, 2 November 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Oct 29, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,44,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,44,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,66,000 |
| S-HNI (Max) | 8 | 8000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 9000 | ₹10,98,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue | - |
| Retail Shares Offered | Not less than 35% of the Net Issue | - |
| NII Shares Offered | Not less than 15% of the Net Issue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/01/2025 | - | 3.73 | 12.97 | 59.45 |
| 30/03/2024 | - | 3.16 | 8.02 | 47.52 |
| 30/03/2023 | - | 1.09 | 4.86 | 21.86 |
| 30/03/2022 | - | 0.96 | 3.77 | 21.36 |
| KPI | Values |
|---|---|
| ROE | 56.77% |
| ROCE | 27.23% |
| RoNW | 56.77% |
| PAT Margin | 6.43% |
| EBITDA Margin | 15.13% |
| Price to Book Value | 4.47 |
| Market Capitalization | 106.04 |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 4.99 | 5.15 |
| - | 24.47 | 23.68 |
| 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) | - | 2,27,19,000 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 1,07,86,000 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 10,000 | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 1,19,23,000 | - |
| 2 | Non Institutional Investors | - | 4,66,01,000 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 3,85,20,000 | - |
| 2.1(a) | Corporates | - | 14,50,000 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 3,62,53,000 | - |
| 2.1(c) | Others | - | 8,17,000 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 80,81,000 | - |
| 2.2(a) | Corporates | - | 1,29,000 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 78,95,000 | - |
| 2.2(c) | Others | - | 57,000 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 4,04,04,000 | - |
| - | Total | - | 10,97,24,000 | - |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
29/10/2025
Close |
122.00 | Rs. 9 up | - | 6800 | 131 (7.38) | Rs. 9000 | 29/10/2025, 11:33:00 pm |
|
28/10/2025
|
122.00 | Rs. 7 up | - | 5300 | 129 (5.74) | Rs. 7000 | 28/10/2025, 11:33:00 pm |
|
27/10/2025
Open |
122.00 | Rs. 5 up | - | 3800 | 127 (4.1) | Rs. 5000 | 27/10/2025, 11:37:00 pm |
|
26/10/2025
|
122.00 | Rs. 4 no-change | - | 3000 | 126 (3.28) | Rs. 4000 | 26/10/2025, 11:36:00 pm |
|
25/10/2025
|
122.00 | Rs. 4 no-change | - | 3000 | 126 (3.28) | Rs. 4000 | 25/10/2025, 11:32:00 pm |
|
24/10/2025
|
122.00 | Rs. 4 up | - | 3000 | 126 (3.28) | Rs. 4000 | 24/10/2025, 11:34:00 pm |
|
23/10/2025
|
122.00 | Rs. 0 no-change | - | -- | 122 (0) | Rs. 0 | 23/10/2025, 11:31:00 pm |
|
22/10/2025
|
122.00 | Rs. 0 no-change | - | -- | 122 (0) | Rs. 0 | 22/10/2025, 11:36:00 pm |
|
21/10/2025
|
122.00 | Rs. 0 no-change | - | -- | (0) | Rs. 0 | 21/10/2025, 5:55:00 am |
|
20/10/2025
|
122.00 | Rs. 0 no-change | - | -- | (0) | Rs. 0 | 20/10/2025, 5:55:00 am |
|
19/10/2025
|
122.00 | Rs. 0 no-change | - | -- | (0) | Rs. 0 | 19/10/2025, 5:55:00 am |
|
18/10/2025
|
122.00 | Rs. 0 no-change | - | -- | (0) | Rs. 0 | 18/10/2025, 5:55:00 am |
|
17/10/2025
|
122.00 | Rs. 0 no-change | - | -- | () | Rs. 0 | 17/10/2025, 9:04:00 am |