| IPO Date | December 3, 2025 to December 5, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹118 to ₹124 per share |
| Lot Size | 120 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 61,66,17,677 shares |
| Share Holding (Post-Issue) | 67,06,49,935 shares |
| Total Issue Size | 7,43,39,651 shares (aggregating up to ₹921.81 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | 2,03,07,393 shares of ₹10 (aggregating up to ₹251.81 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 2 December 2025
IPO subscription opens for investorsDate: Thursday, 4 December 2025
Last date for IPO subscriptionDate: Sunday, 7 December 2025
Expected date for share allotmentDate: Monday, 8 December 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 8 December 2025
Shares credited to demat accountsDate: Tuesday, 9 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Dec 5, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14,880 |
| Retail (Max) | 13 | 1560 | ₹1,93,440 |
| S-HNI (Min) | 14 | 1680 | ₹2,08,320 |
| S-HNI (Max) | 67 | 8040 | ₹9,96,960 |
| B-HNI (Min) | 68 | 8160 | ₹10,11,840 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer | - |
| Retail Shares Offered | Not more than 10% of the Net Offer | - |
| NII Shares Offered | Not more than 15% of the Net Offer | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| Invalid Date | - | -16.98 | 796.04 | 2134.35 |
| Invalid Date | - | -102.35 | 707.53 | 1859.84 |
| Invalid Date | - | -71.7 | 731.65 | 1863.5 |
| Invalid Date | - | -14.24 | 807.17 | 1822.98 |
| Invalid Date | - | -109.5 | 251.91 | 1321.69 |
| KPI | Values |
|---|---|
| ROE | -14.30 |
| ROCE | 0.87 |
| Debt/Equity | 0.99 |
| RoNW | -14.47 |
| PAT Margin | -11.07% |
| EBITDA Margin | 11.68% |
| Price to Book Value | 9.94 |
| Market Capitalization | ₹8,316.06 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | -1.66 | -0.51 |
| - | -74.71 | -244.92 |
| 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) | 2,26,10,608 | 2,73,41,34,360 | 120.92 |
| 1(a) | foreign institutional investors (fiis) | - | 95,13,15,840 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 1,13,54,03,280 | - |
| 1(c) | mutual funds | - | 20,81,38,920 | - |
| 1(d) | others | - | 43,92,76,320 | - |
| 2 | non institutional investors(niis) | 1,15,37,634 | 93,01,67,880 | 80.62 |
| 2.1 | non institutional investors(bid amount of more than ten lakh rupees) | 76,91,756 | 59,22,48,480 | 77.00 |
| 2.1(a) | corporates | - | 1,02,33,840 | - |
| 2.1(b) | individuals (other than riis) | - | 55,64,53,440 | - |
| 2.1(c) | others | - | 2,55,61,200 | - |
| 2.2 | non institutional investors(bid amount of more than two lakh rupees and upto 10 lakh rupees) | 38,45,878 | 33,79,19,400 | 87.87 |
| 2.2(a) | corporates | - | 11,96,880 | - |
| 2.2(b) | individuals (other than riis) | - | 32,26,37,040 | - |
| 2.2(c) | others | - | 1,40,85,480 | - |
| 3 | retail individual investors (riis) | 76,91,756 | 60,03,37,560 | 78.05 |
| 3(a) | cut off | - | 50,28,63,360 | - |
| 3(b) | price bids | - | 9,74,74,200 | - |
| 4 | employee reserved | 1,86,915 | 67,00,920 | 35.85 |
| 4(a) | employee (cut off) | - | 57,02,520 | - |
| 4(b) | employee (price) | - | 9,98,400 | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 4,20,26,913 | 4,27,13,40,720 | 101.63 |