| IPO Date | December 10, 2025 to December 12, 2025 |
|---|---|
| Face Value | ₹2 per share |
| Issue Price Band | ₹438 to ₹460 per share |
| Lot Size | 32 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 9,26,50,799 shares |
| Share Holding (Post-Issue) | 10,03,33,516 shares |
| Total Issue Size | 1,89,35,819 shares (aggregating up to ₹871.05 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | 1,12,53,102 shares of ₹2 (aggregating up to ₹517.64 Cr) |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 9 December 2025
IPO subscription opens for investorsDate: Thursday, 11 December 2025
Last date for IPO subscriptionDate: Sunday, 14 December 2025
Expected date for share allotmentDate: Monday, 15 December 2025
Refunds initiated for unsuccessful applicationsDate: Monday, 15 December 2025
Shares credited to demat accountsDate: Tuesday, 16 December 2025
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: 5 PM on Fri, Dec 12, 2025
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹14,720 |
| Retail (Max) | 13 | 416 | ₹1,91,360 |
| S-HNI (Min) | 14 | 448 | ₹2,06,080 |
| S-HNI (Max) | 67 | 2144 | ₹9,86,240 |
| B-HNI (Min) | 68 | 2176 | ₹10,00,960 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer | - |
| Retail Shares Offered | Not less than 35% of the Net Offer | - |
| NII Shares Offered | Not less than 15% of the Net Offer | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| Invalid Date | - | 14.23 | 716.06 | 1193.68 |
| Invalid Date | - | 67.1 | 594.21 | 996.46 |
| Invalid Date | - | 35.13 | 423.55 | 806.02 |
| Invalid Date | - | -11.79 | 384.73 | 666.23 |
| KPI | Values |
|---|---|
| ROE | 13.45% |
| ROCE | 18.67% |
| RoNW | 13.19% |
| PAT Margin | 8.88% |
| EBITDA Margin | 22.05% |
| Price to Book Value | 7.72 |
| Market Capitalization | ₹4,615.34 Cr. |
| type | pre_ipo | post_ipo |
|---|---|---|
| - | 7.24 | 2.84 |
| - | 63.52 | 162.19 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
16/12/2025
|
460.00 | Rs. 37 no-change | 14.08x | 900/12600 | 497 (8.04) | Rs. 1184 | 16/12/2025, 11:36:00 pm |
|
15/12/2025
Allotment |
460.00 | Rs. 37 up | 14.08x | 900/12600 | 497 (8.04) | Rs. 1184 | 15/12/2025, 11:32:00 pm |
|
14/12/2025
|
460.00 | Rs. 34.5 up | 14.08x | 800/11200 | 494.5 (7.5) | Rs. 1104 | 14/12/2025, 11:33:00 pm |
|
13/12/2025
|
460.00 | Rs. 33 no-change | 14.08x | 800/11200 | 493 (7.17) | Rs. 1056 | 13/12/2025, 11:30:00 pm |
|
12/12/2025
Close |
460.00 | Rs. 33 up | 14.08x | 800/11200 | 493 (7.17) | Rs. 1056 | 12/12/2025, 11:36:00 pm |
|
11/12/2025
|
460.00 | Rs. 11.5 down | 0.37x | 300/4200 | 471.5 (2.5) | Rs. 368 | 11/12/2025, 11:31:00 pm |
|
10/12/2025
Open |
460.00 | Rs. 20 up | 0.13x | 500/7000 | 480 (4.35) | Rs. 640 | 10/12/2025, 11:28:00 pm |
|
09/12/2025
|
460.00 | Rs. 0 no-change | -- | 460 (0) | Rs. 0 | 9/12/2025, 8:53:00 pm | |
|
08/12/2025
|
460.00 | Rs. 0 no-change | -- | 460 (0) | Rs. 0 | 8/12/2025, 5:01:00 pm | |
|
07/12/2025
|
460.00 | Rs. 0 no-change | -- | 460 (0) | Rs. 0 | 7/12/2025, 11:29:00 pm | |
|
06/12/2025
|
460.00 | Rs. 0 no-change | -- | 460 (0) | Rs. 0 | 6/12/2025, 11:28:00 pm | |
|
05/12/2025
|
460.00 | Rs. 0 no-change | -- | 460 (0) | Rs. 0 | 5/12/2025, 11:30:00 pm | |
|
04/12/2025
|
460.00 | Rs. 0 no-change | -- | 460 (0) | Rs. 0 | 4/12/2025, 11:31:00 pm | |
|
03/12/2025
|
Rs. 0 no-change | -- | () | Rs. 0 | 3/12/2025, 7:50:00 am |