| IPO Date | 26 March 2026 to 7 April 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 90,03,149 shares |
| Share Holding (Post-Issue) | 1,22,43,149 shares |
| Total Issue Size | 32,40,000 shares (agg. up to ₹32 Cr) |
| Reserved for Market Maker | 1,68,000 shares (agg. up to ₹2 Cr)Shreni Shares Ltd. |
| Net Offered to Public | 30,72,000 shares (agg. up to ₹30 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | 30,72,000 shares (agg. up to ₹30 Cr) |
Date: Friday, 27 March 2026
IPO subscription opens for investorsDate: Wednesday, 8 April 2026
Last date for IPO subscriptionDate: Thursday, 9 April 2026
Expected date for share allotmentDate: Friday, 10 April 2026
Refunds initiated for unsuccessful applicationsDate: Friday, 10 April 2026
Shares credited to demat accountsDate: Monday, 13 April 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3600 | ₹3,52,800 |
| S-HNI (Max) | 8 | 9600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10800 | ₹10,58,400 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 15,12,000 | - |
| − Anchor Investor Shares Offered | 8,88,000 | - |
| − QIB (Ex. Anchor) Shares Offered | 6,24,000 | - |
| NII (HNI) Shares Offered | 4,68,000 | - |
| − bNII > ₹10L | 3,12,000 | - |
| − sNII < ₹10L | 1,56,000 | - |
| Retail Shares Offered | 10,92,000 | - |
| Firm Reservations | - | |
| Market Maker Shares Offered | 1,68,000 | - |
| Total Shares Offered | 32,40,000 | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 14.49 | 4.55 | 13.57 | 20.08 |
| 30/03/2025 | 20.06 | 4.22 | 9.03 | 16.94 |
| 30/03/2024 | 5.38 | 0.84 | 1.31 | 3.19 |
| 30/03/2023 | 2.95 | 0.39 | 0.47 | 1.51 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS (₹) | 4.69 | 7.43 |
| P/E (x) | 20.91 | 13.19 |
| Promoter Holding | 68% | |
| Market Cap | ₹119.98 Cr. |
| 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) | 624000 | - | 0.00 |
| 1(a) | Foreign Institutional Investors (FIIs) | - | - | - |
| 1(b) | Domestic Financial Institutions (Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual Funds | - | - | - |
| 1(d) | Others | - | - | - |
| 2 | Non Institutional Investors | 636000 | 3,03,600 | 0.48 |
| 2.1 | Non-Institutional Investors (Bid amount of more than Ten Lakh Rupees) | 312000 | 2,65,200 | 0.85 |
| 2.1(a) | Corporates | - | - | - |
| 2.1(b) | Individuals | - | 2,65,200 | - |
| 2.1(c) | Others | - | - | - |
| 2.2 | Non-Institutional Investors (Bid amount upto Ten Lakh Rupees) | 156000 | 38,400 | 0.25 |
| 2.2(a) | Corporates | - | - | - |
| 2.2(b) | Individuals (IND category bidding for more than 2 Lots ) | - | 28,800 | - |
| 2.2(c) | Others | - | 9,600 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | 1092000 | 1,65,600 | 0.15 |
| 3(a) | Price bids | - | 1,65,600 | - |
| 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 | 2352000 | 4,69,200 | 0.20 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
31/03/2026
|
98.00 | Rs. 0 no-change | 0.14x | -- | 98 (0) | Rs. 0 | 31/3/2026, 5:02:00 pm |
|
30/03/2026
|
98.00 | Rs. 0 no-change | 0.14x | -- | 98 (0) | Rs. 0 | 30/3/2026, 11:29:00 pm |
|
29/03/2026
|
98.00 | Rs. 0 no-change | 0.11x | -- | 98 (0) | Rs. 0 | 29/3/2026, 11:28:00 pm |
|
28/03/2026
|
98.00 | Rs. 0 no-change | 0.11x | -- | 98 (0) | Rs. 0 | 28/3/2026, 11:34:00 pm |
|
27/03/2026
Open |
98.00 | Rs. 0 no-change | 0.11x | -- | 98 (0) | Rs. 0 | 27/3/2026, 11:33:00 pm |
|
26/03/2026
|
98.00 | Rs. 0 no-change | -- | 98 (0) | Rs. 0 | 26/3/2026, 11:32:00 pm | |
|
25/03/2026
|
98.00 | Rs. 0 no-change | -- | 98 (0) | Rs. 0 | 25/3/2026, 11:30:00 pm | |
|
24/03/2026
|
98.00 | Rs. 0 no-change | -- | 98 (0) | Rs. 0 | 24/3/2026, 11:33:00 pm | |
|
23/03/2026
|
98.00 | Rs. 0 no-change | -- | 98 (0) | Rs. 0 | 23/3/2026, 11:32:00 pm | |
|
22/03/2026
|
Rs. 0 no-change | -- | (0) | Rs. | 22/3/2026, 5:55:00 am | ||
|
21/03/2026
|
Rs. 0 no-change | -- | (0) | Rs. | 21/3/2026, 5:55:00 am | ||
|
20/03/2026
|
Rs. 0 no-change | -- | (NaN) | Rs. | 20/3/2026, 11:00:00 am |