| IPO Date | 23 to 25 Feb, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 1,50,11,289 shares |
| Share Holding (Post-Issue) | 2,05,73,289 shares |
| Total Issue Size | 55,62,000 shares (agg. up to ₹26 Cr) |
| Reserved for Market Maker | 2,82,000 shares (agg. up to ₹1 Cr)Giriraj Stock Broking Pvt.Ltd. |
| Net Offered to Public | 52,80,000 shares (agg. up to ₹24 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Monday, 23 February 2026
IPO subscription opens for investorsDate: Wednesday, 25 February 2026
Last date for IPO subscriptionDate: Thursday, 26 February 2026
Expected date for share allotmentDate: Friday, 27 February 2026
Refunds initiated for unsuccessful applicationsDate: Friday, 27 February 2026
Shares credited to demat accountsDate: Monday, 2 March 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6000 | ₹2,76,000 |
| Individual investors (Retail) (Max) | 2 | 6000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 9000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 24000 | ₹11,04,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,82,000 (5.07%) | - |
| QIB Shares Offered | 26,40,000 (47.46%) | - |
| − Anchor Investor Shares Offered | 15,84,000 (28.48%) | - |
| − QIB (Ex. Anchor) Shares Offered | 10,56,000 (18.99%) | - |
| NII (HNI) Shares Offered | 7,92,000 (14.24%) | - |
| − bNII > ₹10L | 5,28,000 (9.49%) | - |
| − sNII < ₹10L | 2,64,000 (4.75%) | - |
| Retail Shares Offered | 18,48,000 (33.23%) | - |
| Total Shares Offered | 55,62,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 30/12/2025 | 45.29 | 2.91 | 24.45 | 41.02 |
| 30/03/2025 | 79.2 | 6.05 | 21.54 | 59.89 |
| 30/03/2024 | 48.6 | 1.61 | 6.04 | 26.46 |
| 30/03/2023 | 40.81 | 0.87 | 4.43 | 15.82 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 4.03 | 2.94 |
| P/E (x) | 11.41 | 15.63 |
| Promoter Holding | 84.94% | 61.98% |
| Market Cap | ₹94.64 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) | 10,56,000 | 16,15,83,000 | 153.01 |
| 1(a) | foreign institutional investors (fiis) | - | 2,22,57,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | 94,20,000 | - |
| 1(c) | mutual funds | - | 26,55,000 | - |
| 1(d) | others | - | 12,72,51,000 | - |
| 2 | non institutional investors | 10,74,000 | 48,02,52,000 | 447.16 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 5,28,000 | 37,49,94,000 | 710.22 |
| 2.1(a) | corporates | - | 50,91,000 | - |
| 2.1(b) | individuals | - | 36,67,89,000 | - |
| 2.1(c) | others | - | 31,14,000 | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 2,64,000 | 10,52,58,000 | 398.70 |
| 2.2(a) | corporates | - | 14,28,000 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 10,21,95,000 | - |
| 2.2(c) | others | - | 16,35,000 | - |
| 3 | individual investors (ind category bidding for 2 lots) | 18,48,000 | 67,93,02,000 | 367.59 |
| 3(a) | price bids | - | 67,93,02,000 | - |
| 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 | 39,78,000 | 1,32,11,37,000 | 332.11 |