| IPO Date | December 8, 2025 to December 10, 2025 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹131 to ₹138 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding (Pre-Issue) | 54,50,000 shares |
| Share Holding (Post-Issue) | 70,50,000 shares |
| Total Issue Size | 20,00,000 shares (aggregating up to ₹27.60 Cr) |
| Reserved for Market Maker | 1,00,000 shares (aggregating up to ₹1.38 Cr) |
| Net Offered to Public | 19,00,000 shares (aggregating up to ₹26.22 Cr) |
| Offer for Sale | 4,00,000 shares of ₹10 (aggregating up to ₹5.52 Cr) |
| Fresh Issue (ex Market Maker) | 15,00,000 shares (aggregating up to ₹20.70 Cr) |
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 | 2000 | ₹2,76,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 8000 | ₹11,04,000 |
| 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 | - | 3.27 | 17.42 | 28.92 |
| Invalid Date | - | 3.09 | 5.75 | 12.98 |
| Invalid Date | - | 1.5 | 2.76 | 7.65 |
| Invalid Date | - | 0.18 | 1.26 | 5.19 |
| KPI | Values |
|---|---|
| ROE | 72.57% |
| ROCE | 52.43% |
| Debt/Equity | 0.37 |
| RoNW | 72.57% |
| PAT Margin | 6.76% |
| EBITDA Margin | 10.12% |
| 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) | 3,72,000 | 5,93,000 | 1.59 |
| 1(a) | foreign institutional investors (fiis) | - | 2,18,000 | - |
| 1(b) | domestic financial institutions (banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | - | - |
| 1(d) | others | - | 3,75,000 | - |
| 2 | non institutional investors | 4,00,000 | 14,84,000 | 3.71 |
| 2.1 | non-institutional investors (bid amount of more than ten lakh rupees) | 1,98,000 | 11,91,000 | 6.02 |
| 2.1(a) | corporates | - | 10,000 | - |
| 2.1(b) | individuals | - | 7,18,000 | - |
| 2.1(c) | others | - | 4,63,000 | - |
| 2.2 | non-institutional investors (bid amount upto ten lakh rupees) | 1,02,000 | 2,93,000 | 2.87 |
| 2.2(a) | corporates | - | 33,000 | - |
| 2.2(b) | individuals (ind category bidding for more than 2 lots ) | - | 2,60,000 | - |
| 2.2(c) | others | - | - | - |
| 3 | individual investors (ind category bidding for 2 lots) | 6,70,000 | 15,96,000 | 2.38 |
| 3(a) | price bids | - | 15,96,000 | - |
| 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 | 14,42,000 | 36,73,000 | 2.55 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
14/12/2025
|
138.00 | Rs. 0 no-change | 2.66x | -- | 138 (0) | Rs. 0 | 14/12/2025, 11:31:00 pm |
|
13/12/2025
|
138.00 | Rs. 0 no-change | 2.66x | -- | 138 (0) | Rs. 0 | 13/12/2025, 11:32:00 pm |
|
12/12/2025
|
138.00 | Rs. 0 no-change | 2.66x | -- | 138 (0) | Rs. 0 | 12/12/2025, 11:35:00 pm |
|
11/12/2025
Allotment |
138.00 | Rs. 0 no-change | 2.66x | -- | 138 (0) | Rs. 0 | 11/12/2025, 11:34:00 pm |
|
10/12/2025
Close |
138.00 | Rs. 0 no-change | 2.66x | -- | 138 (0) | Rs. 0 | 10/12/2025, 11:33:00 pm |
|
09/12/2025
|
138.00 | Rs. 0 no-change | 0.54x | -- | 138 (0) | Rs. 0 | 9/12/2025, 8:51:00 pm |
|
08/12/2025
Open |
138.00 | Rs. 0 no-change | 0.35x | -- | 138 (0) | Rs. 0 | 8/12/2025, 4:54:00 pm |
|
07/12/2025
|
138.00 | Rs. 0 no-change | -- | 138 (0) | Rs. 0 | 7/12/2025, 11:30:00 pm | |
|
06/12/2025
|
138.00 | Rs. 0 no-change | -- | 138 (0) | Rs. 0 | 6/12/2025, 11:33:00 pm | |
|
05/12/2025
|
138.00 | Rs. 0 no-change | -- | 138 (0) | Rs. 0 | 5/12/2025, 11:32:00 pm | |
|
04/12/2025
|
138.00 | Rs. 0 no-change | -- | (0) | Rs. 0 | 4/12/2025, 5:55:00 am | |
|
03/12/2025
|
138.00 | Rs. 0 no-change | -- | () | Rs. 0 | 3/12/2025, 7:50:00 am |