| IPO Date | 9 to 13 Jan, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 600 Shares |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 4,65,70,00,000 shares |
| Share Holding (Post-Issue) | 4,65,70,00,000 shares |
| Total Issue Size | 46,57,00,000 shares (agg. up to ₹1,071 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Friday, 9 January 2026
IPO subscription opens for investorsDate: Tuesday, 13 January 2026
Last date for IPO subscriptionDate: Wednesday, 14 January 2026
Expected date for share allotmentDate: Thursday, 15 January 2026
Refunds initiated for unsuccessful applicationsDate: Thursday, 15 January 2026
Shares credited to demat accountsDate: Friday, 16 January 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹13,800 |
| Retail (Max) | 14 | 8400 | ₹1,93,200 |
| S-HNI (Min) | 15 | 9000 | ₹2,07,000 |
| S-HNI (Max) | 72 | 43200 | ₹9,93,600 |
| B-HNI (Min) | 73 | 43800 | ₹10,07,400 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 19,79,22,500 (42.50%) | - |
| − Anchor Investor Shares Offered | 11,87,53,500 (25.50%) | - |
| − QIB (Ex. Anchor) Shares Offered | 7,91,69,000 (17.00%) | - |
| NII (HNI) Shares Offered | 5,93,76,750 (12.75%) | - |
| − bNII > ₹10L | 3,95,84,500 (8.50%) | - |
| − sNII < ₹10L | 1,97,92,250 (4.25%) | - |
| Retail Shares Offered | 13,85,45,750 (29.75%) | - |
| Employee Shares Offered | 2,32,85,000 (5.00%) | - |
| Shareholders Shares Offered | 4,65,70,000 (10.00%) | - |
| Total Shares Offered | 46,57,00,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 6311.51 | 123.88 | 5830.89 | 18711.13 |
| 30/03/2025 | 14401.63 | 1240.19 | 6551.23 | 17283.48 |
| 30/03/2024 | 14652.53 | 1564.46 | 5355.47 | 14727.73 |
| 30/03/2023 | 13018.57 | 664.78 | 3791.01 | 13312.86 |
| KPI | Values |
|---|---|
| - | - |
| - | - |
| 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) | 7,91,69,000 | 24,60,65,19,600 | 310.81 |
| 1(a) | foreign institutional investors (fiis) | - | 7,43,58,59,400 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | 10,09,91,44,800 | - |
| 1(c) | mutual funds | - | 1,07,32,60,200 | - |
| 1(d) | others | - | 5,99,82,55,200 | - |
| 2 | non institutional investors(niis) | 5,93,76,750 | 15,32,88,63,000 | 258.16 |
| 2.1 | non institutional investors(bid amount of more than ten lakh rupees) | 3,95,84,500 | 10,91,12,11,200 | 275.64 |
| 2.1(a) | corporates | - | 14,70,35,400 | - |
| 2.1(b) | individuals (other than riis) | - | 10,20,98,55,600 | - |
| 2.1(c) | others | - | 55,43,20,200 | - |
| 2.2 | non institutional investors(bid amount of more than two lakh rupees and upto 10 lakh rupees) | 1,97,92,250 | 4,41,76,51,800 | 223.20 |
| 2.2(a) | corporates | - | 1,24,50,600 | - |
| 2.2(b) | individuals (other than riis) | - | 4,26,65,20,800 | - |
| 2.2(c) | others | - | 13,86,80,400 | - |
| 3 | retail individual investors (riis) | 13,85,45,750 | 6,83,44,98,000 | 49.33 |
| 3(a) | cut off | - | 5,74,88,69,400 | - |
| 3(b) | price bids | - | 1,08,56,28,600 | - |
| 4 | employee reserved | 2,32,85,000 | 12,05,25,600 | 5.18 |
| 4(a) | employee (cut off) | - | 9,56,85,000 | - |
| 4(b) | employee (price) | - | 2,48,40,600 | - |
| 5 | reservation portionshareholder | 4,65,70,000 | 4,06,51,51,800 | 87.29 |
| 5(a) | rps (cut off) | - | 3,01,46,35,200 | - |
| 5(b) | rps (price) | - | 1,05,05,16,600 | - |
| total | 34,69,46,500 | 50,95,55,58,000 | 146.87 |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
13/01/2026
Close |
23.00 | Rs. 10.5 down | 146.84x | 4800/72000 | 33.5 (45.65) | Rs. 6300 | 13/1/2026, 5:02:00 pm |
|
12/01/2026
|
23.00 | Rs. 10.6 no-change | 33.89x | 4800/72000 | 33.6 (46.09) | Rs. 6360 | 12/1/2026, 11:28:00 pm |
|
11/01/2026
|
23.00 | Rs. 10.6 up | 8.18x | 4800/72000 | 33.6 (46.09) | Rs. 6360 | 11/1/2026, 11:32:00 pm |
|
10/01/2026
|
23.00 | Rs. 10.4 up | 8.18x | 4700/70500 | 33.4 (45.22) | Rs. 6240 | 10/1/2026, 11:28:00 pm |
|
09/01/2026
Open |
23.00 | Rs. 10 up | 8.18x | 4600/69000 | 33 (43.48) | Rs. 6000 | 9/1/2026, 11:33:00 pm |
|
08/01/2026
|
23.00 | Rs. 9.25 down | 4200/63000 | 32.25 (40.22) | Rs. 5550 | 8/1/2026, 11:31:00 pm | |
|
07/01/2026
|
23.00 | Rs. 11.4 down | 5200/78000 | 34.4 (49.57) | Rs. 6840 | 7/1/2026, 11:28:00 pm | |
|
06/01/2026
|
23.00 | Rs. 11.5 down | 5200/78000 | 34.5 (50) | Rs. 6900 | 6/1/2026, 11:31:00 pm | |
|
05/01/2026
|
23.00 | Rs. 13.5 down | 6200/93000 | 36.5 (58.7) | Rs. 8100 | 5/1/2026, 11:34:00 pm | |
|
04/01/2026
|
0 | Rs. 16.25 up | -- | 16.25 (0) | Rs. | 4/1/2026, 11:35:00 pm | |
|
03/01/2026
|
0 | Rs. 13 no-change | -- | 13 (0) | Rs. | 3/1/2026, 11:30:00 pm |