| IPO Date | Wed, Dec 17, 2025 to Fri, Dec 19, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,36,43,783 shares |
| Share Holding (Post-Issue) | 1,73,13,383 shares |
| Total Issue Size | 45,79,200 shares (aggregating up to ₹42.59 Cr) |
| Reserved for Market Maker | 2,38,800 shares (aggregating up to ₹2.22 Cr)Giriraj Stock Broking Pvt.Ltd. |
| Net Offered to Public | 43,40,400 shares (aggregating up to ₹40.37 Cr) |
| Offer for Sale | 9,09,600 shares of ₹10 (aggregating up to ₹8.46 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 16 December 2025
IPO subscription opens for investorsDate: Thursday, 18 December 2025
Last date for IPO subscriptionDate: Sunday, 21 December 2025
Expected date for share allotmentDate: Monday, 22 December 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 22 December 2025
Shares credited to demat accountsDate: Tuesday, 23 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Dec 19, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,23,200 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,23,200 |
| S-HNI (Min) | 3 | 3600 | ₹3,34,800 |
| S-HNI (Max) | 8 | 9600 | ₹8,92,800 |
| B-HNI (Min) | 9 | 10800 | ₹10,04,400 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,38,800 (5.21%) | - |
| QIB Shares Offered | 46,800 (1.02%) | - |
| NII (HNI) Shares Offered | 21,45,600 (46.86%) | - |
| − bNII > ₹10L | 14,29,200 (31.21%) | - |
| − sNII < ₹10L | 7,16,400 (15.64%) | - |
| Retail Shares Offered | 21,48,000 (46.91%) | - |
| Total Shares Offered | 45,79,200 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | - | 5.76 | 33.61 | 42.11 |
| 30/03/2025 | - | 7.48 | 27.85 | 35.14 |
| 30/03/2024 | - | 3.45 | 20.38 | 26.46 |
| 30/03/2023 | - | 2.64 | 16.92 | 21.52 |
| KPI | Values |
|---|---|
| ROE | 31.00% |
| ROCE | 35.63% |
| Debt/Equity | 0.03 |
| RoNW | 31.00% |
| PAT Margin | 15.66% |
| EBITDA Margin | 21.68% |
| Price to Book Value | 4.56 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 5.48 | 6.65 |
| P/E (x) | 16.97 | 13.98 |
| Promoter Holding | 99.99% | 73.55% |