| IPO Date | Mon, Dec 22, 2025 to Wed, Dec 24, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,48,72,000 shares |
| Share Holding (Post-Issue) | 2,03,70,000 shares |
| Total Issue Size | 54,98,000 shares (aggregating up to ₹38.49 Cr) |
| Reserved for Market Maker | 2,80,000 shares (aggregating up to ₹1.96 Cr)Holani Consultants Pvt.Ltd. |
| Net Offered to Public | 52,18,000 shares (aggregating up to ₹36.53 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 21 December 2025
IPO subscription opens for investorsDate: Tuesday, 23 December 2025
Last date for IPO subscriptionDate: Thursday, 25 December 2025
Expected date for share allotmentDate: Sunday, 28 December 2025
Refunds initiated for unsuccessful applicationsDate: Sunday, 28 December 2025
Shares credited to demat accountsDate: Monday, 29 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Dec 24, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,80,000 (5.09%) | - |
| QIB Shares Offered | 26,04,000 (47.36%) | - |
| − Anchor Investor Shares Offered | 15,60,000 (28.37%) | - |
| − QIB (Ex. Anchor) Shares Offered | 10,44,000 (18.99%) | - |
| NII (HNI) Shares Offered | 7,86,000 (14.30%) | - |
| − bNII > ₹10L | 5,24,000 (9.53%) | - |
| − sNII < ₹10L | 2,62,000 (4.77%) | - |
| Retail Shares Offered | 18,28,000 (33.25%) | - |
| Total Shares Offered | 54,98,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | - | 4.2 | 27.81 | 88.79 |
| 30/03/2025 | - | 8.04 | 23.61 | 82.47 |
| 30/03/2024 | - | 6.3 | 15.56 | 52.84 |
| 30/03/2023 | - | 2.92 | 9.26 | 27.51 |
| KPI | Values |
|---|---|
| ROE | 41.06% |
| ROCE | 39.00% |
| Debt/Equity | 2.00 |
| RoNW | 34.07% |
| PAT Margin | 6.45% |
| EBITDA Margin | 11.65% |
| Price to Book Value | 4.41 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 5.41 | 4.12 |
| P/E (x) | 12.95 | 16.97 |
| Promoter Holding | 98.11% |