| IPO Date | 22 to 24 Dec, 2025 |
|---|---|
| Face Value | ₹2 per share |
| Issue Price Band | - |
| Lot Size | 128 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 5,68,43,250 shares |
| Share Holding (Post-Issue) | 7,88,43,250 shares |
| Total Issue Size | 2,20,00,000 shares (agg. up to ₹251 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Monday, 22 December 2025
IPO subscription opens for investorsDate: Wednesday, 24 December 2025
Last date for IPO subscriptionDate: Friday, 26 December 2025
Expected date for share allotmentDate: Monday, 29 December 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 29 December 2025
Shares credited to demat accountsDate: Tuesday, 30 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 128 | ₹14,592 |
| Retail (Max) | 13 | 1664 | ₹1,89,696 |
| S-HNI (Min) | 14 | 1792 | ₹2,04,288 |
| S-HNI (Max) | 68 | 8704 | ₹9,92,256 |
| B-HNI (Min) | 69 | 8832 | ₹10,06,848 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 1,65,00,000 (75.00%) | - |
| − Anchor Investor Shares Offered | 87,73,120 (39.88%) | - |
| − QIB (Ex. Anchor) Shares Offered | 77,26,880 (35.12%) | - |
| NII (HNI) Shares Offered | 33,00,000 (15.00%) | - |
| − bNII > ₹10L | 22,00,000 (10.00%) | - |
| − sNII < ₹10L | 11,00,000 (5.00%) | - |
| Retail Shares Offered | 22,00,000 (10.00%) | - |
| Total Shares Offered | 2,20,00,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/06/2025 | 15.27 | 5.4 | 30.56 | 61.59 |
| 30/03/2025 | 40.4 | 9.5 | 25.71 | 55.34 |
| 30/03/2024 | 5.48 | 1.71 | 10.8 | 20.53 |
| 30/03/2023 | 0 | -0.01 | 0.37 | 3.87 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 1.85 | 2.74 |
| P/E (x) | 61.62 | 41.59 |
| Promoter Holding | 99.10% | 71.45% |
| Market Cap | ₹898.81 Cr. |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
29/12/2025
|
114.00 | Rs. 1.5 up | 5.21x | 100/1400 | 115.5 (1.32) | Rs. 192 | 29/12/2025, 11:28:00 pm |
|
28/12/2025
|
114.00 | Rs. 0 no-change | 5.21x | -- | 114 (0) | Rs. 0 | 28/12/2025, 11:28:00 pm |
|
27/12/2025
|
114.00 | Rs. 0 no-change | 5.21x | -- | 114 (0) | Rs. 0 | 27/12/2025, 11:31:00 pm |
|
26/12/2025
Allotment |
114.00 | Rs. 0 no-change | 5.21x | -- | 114 (0) | Rs. 0 | 26/12/2025, 11:34:00 pm |
|
25/12/2025
|
114.00 | Rs. 0 no-change | 5.21x | -- | 114 (0) | Rs. 0 | 25/12/2025, 11:32:00 pm |
|
24/12/2025
Close |
114.00 | Rs. 0 down | 5.21x | -- | 114 (0) | Rs. 0 | 24/12/2025, 11:33:00 pm |
|
23/12/2025
|
114.00 | Rs. 3.5 down | 2.72x | 300/4200 | 117.5 (3.07) | Rs. 448 | 23/12/2025, 11:29:00 pm |
|
22/12/2025
Open |
114.00 | Rs. 4 down | 1.54x | 400/5600 | 118 (3.51) | Rs. 512 | 22/12/2025, 11:37:00 pm |
|
21/12/2025
|
114.00 | Rs. 7 no-change | 700/9800 | 121 (6.14) | Rs. 896 | 21/12/2025, 11:31:00 pm | |
|
20/12/2025
|
114.00 | Rs. 7 no-change | 700/9800 | 121 (6.14) | Rs. 896 | 20/12/2025, 11:37:00 pm | |
|
19/12/2025
|
114.00 | Rs. 7 down | 700/9800 | 121 (6.14) | Rs. 896 | 19/12/2025, 11:33:00 pm | |
|
18/12/2025
|
114.00 | Rs. 10 up | 1000/14000 | 124 (8.77) | Rs. 1280 | 18/12/2025, 11:35:00 pm | |
|
17/12/2025
|
114.00 | Rs. 0 no-change | -- | 114 (0) | Rs. 0 | 17/12/2025, 11:37:00 pm | |
|
16/12/2025
|
114.00 | Rs. 0 no-change | -- | 114 (0) | Rs. 0 | 16/12/2025, 11:30:00 pm | |
|
15/12/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 15/12/2025, 8:20:00 am |