| IPO Date | 23 to 26 Dec, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 1,00,00,000 shares |
| Share Holding (Post-Issue) | 1,36,89,000 shares |
| Total Issue Size | 36,89,000 shares (agg. up to ₹48 Cr) |
| Reserved for Market Maker | 1,85,000 shares (agg. up to ₹2 Cr)Spread X Securities Pvt.Ltd. |
| Net Offered to Public | 35,04,000 shares (agg. up to ₹46 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: -
IPO subscription opens for investorsDate: -
Last date for IPO subscriptionDate: -
Expected date for share allotmentDate: -
Refunds initiated for unsuccessful applicationsDate: -
Shares credited to demat accountsDate: -
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,60,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,60,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,90,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,40,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 1,85,000 (5.01%) | - |
| QIB Shares Offered | 17,50,000 (47.44%) | - |
| − Anchor Investor Shares Offered | 10,50,000 (28.46%) | - |
| − QIB (Ex. Anchor) Shares Offered | 7,00,000 (18.98%) | - |
| NII (HNI) Shares Offered | 5,26,000 (14.26%) | - |
| Retail Shares Offered | 12,28,000 (33.29%) | - |
| Total Shares Offered | 36,89,000 (100.00%) | - |
| KPI | Values |
|---|---|
| ROE | 74.75% |
| ROCE | 30.98% |
| Debt/Equity | 3.74 |
| RoNW | 54.45% |
| PAT Margin | 13.84% |
| EBITDA Margin | 18.31% |
| Price to Book Value | 11.27 |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 13.79 | 3.16 |
| P/E (x) | 9.43 | 41.16 |
| Promoter Holding | 100.00% |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
23/12/2025
Open |
130.00 | Rs. 15 no-change | - | 11400 | 145 (11.54) | Rs. 15000 | 23/12/2025, 7:31:00 am |
|
22/12/2025
|
130.00 | Rs. 15 down | - | 11400 | 145 (11.54) | Rs. 15000 | 22/12/2025, 11:34:00 pm |
|
21/12/2025
|
130.00 | Rs. 18 no-change | - | 13700 | 148 (13.85) | Rs. 18000 | 21/12/2025, 11:34:00 pm |
|
20/12/2025
|
130.00 | Rs. 18 no-change | - | 13700 | 148 (13.85) | Rs. 18000 | 20/12/2025, 11:32:00 pm |
|
19/12/2025
|
130.00 | Rs. 18 up | - | 13700 | 148 (13.85) | Rs. 18000 | 19/12/2025, 11:35:00 pm |
|
18/12/2025
|
130.00 | Rs. 0 no-change | - | -- | 130 (0) | Rs. 0 | 18/12/2025, 11:36:00 pm |