| IPO Date | December 5, 2025 to December 9, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹181 to ₹191 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 76,64,328 shares |
| Share Holding (Post-Issue) | 1,01,77,128 shares |
| Total Issue Size | 29,86,800 shares (aggregating up to ₹57.05 Cr) |
| Reserved for Market Maker | 1,49,400 shares (aggregating up to ₹2.85 Cr)Gretex Share Broking Pvt.Ltd. |
| Net Offered to Public | 28,37,400 shares (aggregating up to ₹54.19 Cr) |
| Offer for Sale | 4,74,000 shares of ₹10 (aggregating up to ₹9.05 Cr) |
| Fresh Issue (ex Market Maker) | 23,63,400 shares (aggregating up to ₹45.14 Cr) |
Date: Thursday, 4 December 2025
IPO subscription opens for investorsDate: Monday, 8 December 2025
Last date for IPO subscriptionDate: Tuesday, 9 December 2025
Expected date for share allotmentDate: Wednesday, 10 December 2025
Refunds initiated for unsuccessful applicationsDate: Wednesday, 10 December 2025
Shares credited to demat accountsDate: Thursday, 11 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Tue, Dec 9, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1200 | ₹2,29,200 |
| Individual investors (Retail) (Max) | 2 | 1200 | ₹2,29,200 |
| S-HNI (Min) | 3 | 1800 | ₹3,43,800 |
| S-HNI (Max) | 8 | 4800 | ₹9,16,800 |
| B-HNI (Min) | 9 | 5400 | ₹10,31,400 |
| 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 |
|---|---|---|---|---|
| Invalid Date | - | 1.38 | 40.4 | 59.4 |
| Invalid Date | - | 10.92 | 39.02 | 64.65 |
| KPI | Values |
|---|---|
| ROE | 34.75% |
| ROCE | 28.62% |
| Debt/Equity | 0.37 |
| RoNW | 34.75% |
| PAT Margin | 54.02% |
| EBITDA Margin | 66.85% |
| Price to Book Value | 3.75 |
| Market Capitalization | ₹194.38 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 14.24 | 5.42 |
| - | 13.41 | 35.22 |
| 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) | - | 8,84,400 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 3,27,600 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 5,56,800 | - |
| 2 | Non Institutional Investors | - | 16,30,800 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 14,76,000 | - |
| 2.1(a) | Corporates | - | 2,15,400 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 12,50,400 | - |
| 2.1(c) | Others | - | 10,200 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 1,54,800 | - |
| 2.2(a) | Corporates | - | - | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 1,51,200 | - |
| 2.2(c) | Others | - | 3,600 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 9,61,200 | - |
| - | Total | - | 34,76,400 | - |