| IPO Date | 22 to 27 Jan, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 28,60,268 shares |
| Share Holding (Post-Issue) | 38,92,268 shares |
| Total Issue Size | 10,32,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 52,000 shares (agg. up to ₹[.] Cr)Horizon Financial Consultants Pvt.Ltd. |
| Net Offered to Public | 9,80,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Thursday, 22 January 2026
IPO subscription opens for investorsDate: Tuesday, 27 January 2026
Last date for IPO subscriptionDate: Wednesday, 28 January 2026
Expected date for share allotmentDate: Thursday, 29 January 2026
Refunds initiated for unsuccessful applicationsDate: Thursday, 29 January 2026
Shares credited to demat accountsDate: Friday, 30 January 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 52,000 (5.04%) | - |
| QIB Shares Offered | 12,000 (1.16%) | - |
| NII (HNI) Shares Offered | 3,00,000 (29.07%) | - |
| − bNII > ₹10L | 1,80,000 (17.44%) | - |
| − sNII < ₹10L | 1,20,000 (11.63%) | - |
| Retail Shares Offered | 6,68,000 (64.73%) | - |
| Total Shares Offered | 10,32,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/11/2025 | 19.15 | 2.45 | 12.36 | 41.12 |
| 30/03/2025 | 23.18 | 2.42 | 9.91 | 29.6 |
| 30/03/2024 | 15.28 | 1.71 | 3.99 | 12.58 |
| 30/03/2023 | 12.63 | 0.61 | 2.01 | 7.27 |
| KPI | Values |
|---|---|
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 9.14 | |
| Promoter Holding | 87.29% |
| 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) | 12,000 | 40,000 | 3.33 |
| 1(a) | foreign institutional investors (fiis) | - | 40,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | - | - |
| 2 | non institutional investors | 3,52,000 | 28,43,000 | 8.08 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 1,80,000 | 22,42,000 | 12.46 |
| 2.1(a) | corporates | - | 68,000 | - |
| 2.1(b) | individuals | - | 21,39,000 | - |
| 2.1(c) | others | - | 35,000 | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 1,20,000 | 6,01,000 | 5.01 |
| 2.2(a) | corporates | - | 9,000 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 5,89,000 | - |
| 2.2(c) | others | - | 3,000 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 6,68,000 | 24,94,000 | 3.73 |
| 3(a) | price bids | - | 24,94,000 | - |
| 4 | eligible employees (emp) | - | - | - |
| 4(a) | price bids | - | - | - |
| 5 | eligible share holders (sha) | - | - | - |
| 5(a) | price bids | - | - | - |
| 6 | eligible policy holders (pol) | - | - | - |
| 6(a) | price bids | - | - | - |
| total | 10,32,000 | 53,77,000 | 5.21 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
21/01/2026
|
144.00 | Rs. 0 no-change | - | -- | 144 (0) | Rs. 0 | 21/1/2026, 10:35:00 pm |
|
20/01/2026
|
144.00 | Rs. 0 no-change | - | -- | 144 (0) | Rs. 0 | 20/1/2026, 11:36:00 pm |
|
19/01/2026
|
144.00 | Rs. 0 no-change | - | -- | 144 (0) | Rs. 0 | 19/1/2026, 11:32:00 pm |
|
18/01/2026
|
144.00 | Rs. 0 no-change | - | -- | 144 (0) | Rs. 0 | 18/1/2026, 11:31:00 pm |
|
17/01/2026
|
144.00 | Rs. 0 no-change | - | -- | 144 (0) | Rs. 0 | 17/1/2026, 11:32:00 pm |
|
16/01/2026
|
Rs. 0 no-change | - | -- | () | Rs. 0 | 16/1/2026, 3:30:00 pm |