| IPO Date | 25 to 27 Feb, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,54,08,000 shares |
| Share Holding (Post-Issue) | 2,09,33,000 shares |
| Total Issue Size | 55,25,000 shares (agg. up to ₹80 Cr) |
| Reserved for Market Maker | 2,80,000 shares (agg. up to ₹4 Cr)Giriraj Stock Broking Pvt.Ltd. |
| Net Offered to Public | 52,45,000 shares (agg. up to ₹76 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 25 February 2026
IPO subscription opens for investorsDate: Friday, 27 February 2026
Last date for IPO subscriptionDate: Monday, 2 March 2026
Expected date for share allotmentDate: Wednesday, 4 March 2026
Refunds initiated for unsuccessful applicationsDate: Wednesday, 4 March 2026
Shares credited to demat accountsDate: Thursday, 5 March 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,90,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,90,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,35,000 |
| S-HNI (Max) | 6 | 6000 | ₹8,70,000 |
| B-HNI (Min) | 7 | 7000 | ₹10,15,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue | - |
| Retail Shares Offered | Not less than 35% of the Net Issue | - |
| NII Shares Offered | Not less than 15% of the Net Issue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/12/2025 | 91.42 | 9.21 | 31.22 | 82.86 |
| 30/03/2025 | 154.4 | 11.93 | 22.25 | 115.1 |
| 30/03/2024 | 113.06 | 2.51 | 9.95 | 90.78 |
| 30/03/2023 | 0.47 | -2.6 | 7.2 | 52.18 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 7.74 | 5.86 |
| P/E (x) | 18.72 | 24.73 |
| Promoter Holding | 80.19% | |
| Market Cap | ₹303.53 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) | - | 86,95,000 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | 39,36,000 | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 47,59,000 | - |
| 2 | Non Institutional Investors | - | 42,52,000 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 37,26,000 | - |
| 2.1(a) | Corporates | - | 11,04,000 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 26,15,000 | - |
| 2.1(c) | Others | - | 7,000 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 5,26,000 | - |
| 2.2(a) | Corporates | - | 16,000 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 4,86,000 | - |
| 2.2(c) | Others | - | 24,000 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 29,58,000 | - |
| - | Total | - | 1,59,05,000 | - |