| IPO Date | December 8, 2025 to December 10, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 61,71,589 shares |
| Share Holding (Post-Issue) | 86,39,989 shares |
| Total Issue Size | 24,68,400 shares (aggregating up to ₹24.68 Cr) |
| Reserved for Market Maker | 1,23,600 shares (aggregating up to ₹1.24 Cr)Aftertrade Broking Pvt.Ltd. |
| Net Offered to Public | 23,44,800 shares (aggregating up to ₹23.45 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Sunday, 7 December 2025
IPO subscription opens for investorsDate: Tuesday, 9 December 2025
Last date for IPO subscriptionDate: Wednesday, 10 December 2025
Expected date for share allotmentDate: Thursday, 11 December 2025
Refunds initiated for unsuccessful applicationsDate: Thursday, 11 December 2025
Shares credited to demat accountsDate: Sunday, 14 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Wed, Dec 10, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,40,000 |
| S-HNI (Min) | 3 | 3600 | ₹3,60,000 |
| S-HNI (Max) | 8 | 9600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10800 | ₹10,80,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 1,23,600 (5.01%) | - |
| QIB Shares Offered | 25,200 (1.02%) | - |
| NII (HNI) Shares Offered | 11,55,600 (46.82%) | - |
| Retail Shares Offered | 11,64,000 (47.16%) | - |
| Total Shares Offered | 24,68,400 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| Invalid Date | - | 2 | 12.36 | 36.63 |
| Invalid Date | - | 4.14 | 10.36 | 32.34 |
| Invalid Date | - | 2.02 | 3.21 | 19.15 |
| Invalid Date | - | 0.21 | 1.17 | 17.01 |
| KPI | Values |
|---|---|
| ROE | 62.87% |
| ROCE | 58.40% |
| Debt/Equity | 1.04 |
| RoNW | 39.94% |
| PAT Margin | 16.53% |
| EBITDA Margin | 27.68% |
| Price to Book Value | 6.08 |
| Market Capitalization | ₹86.40 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 6.71 | 6.95 |
| - | 14.91 | 14.4 |
| 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) | 25,200 | 55,200 | 2.19 |
| 1(a) | foreign institutional investors (fiis) | - | 55,200 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | - | - |
| 2 | non institutional investors | 12,79,200 | 23,38,800 | 1.83 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 7,70,400 | 13,47,600 | 1.75 |
| 2.1(a) | corporates | - | 1,34,400 | - |
| 2.1(b) | individuals | - | 12,13,200 | - |
| 2.1(c) | others | - | - | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 3,85,200 | 9,91,200 | 2.57 |
| 2.2(a) | corporates | - | 3,600 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 9,78,000 | - |
| 2.2(c) | others | - | 9,600 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 11,64,000 | 92,49,600 | 7.95 |
| 3(a) | price bids | - | 92,49,600 | - |
| 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 | 24,68,400 | 1,16,43,600 | 4.72 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
14/12/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 14/12/2025, 11:34:00 pm |
|
13/12/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 13/12/2025, 11:37:00 pm |
|
12/12/2025
|
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 12/12/2025, 11:30:00 pm |
|
11/12/2025
Allotment |
100.00 | Rs. 0 no-change | - | -- | 100 (0) | Rs. 0 | 11/12/2025, 11:33:00 pm |
|
10/12/2025
Close |
100.00 | Rs. 0 down | - | -- | 100 (0) | Rs. 0 | 10/12/2025, 11:33:00 pm |
|
09/12/2025
|
100.00 | Rs. 24 up | - | 21900 | 124 (24) | Rs. 28800 | 9/12/2025, 8:51:00 pm |