| IPO Date | 14 to 19 Jan, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 1,22,20,000 shares |
| Share Holding (Post-Issue) | 1,68,70,000 shares |
| Total Issue Size | 46,50,000 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker | 2,34,000 shares (agg. up to ₹1 Cr)NNM Securities Pvt.Ltd. |
| Net Offered to Public | 44,16,000 shares (agg. up to ₹25 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Wednesday, 14 January 2026
IPO subscription opens for investorsDate: Monday, 19 January 2026
Last date for IPO subscriptionDate: Tuesday, 20 January 2026
Expected date for share allotmentDate: Wednesday, 21 January 2026
Refunds initiated for unsuccessful applicationsDate: Wednesday, 21 January 2026
Shares credited to demat accountsDate: Thursday, 22 January 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,28,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,28,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,42,000 |
| S-HNI (Max) | 8 | 16000 | ₹9,12,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,26,000 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,34,000 (5.03%) | - |
| QIB Shares Offered | 46,000 (0.99%) | - |
| NII (HNI) Shares Offered | 21,90,000 (47.10%) | - |
| − bNII > ₹10L | 14,60,000 (31.40%) | - |
| − sNII < ₹10L | 7,30,000 (15.70%) | - |
| Retail Shares Offered | 21,80,000 (46.88%) | - |
| Total Shares Offered | 46,50,000 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 19.69 | 2.9 | 21.34 | 32.1 |
| 30/03/2025 | 36.56 | 3.97 | 18.43 | 27.37 |
| 30/03/2024 | 33.1 | 2.62 | 14.46 | 23.61 |
| 30/03/2023 | 28.97 | 2.26 | 3.49 | 15.51 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 3.25 | 3.44 |
| P/E (x) | 17.53 | 16.55 |
| Promoter Holding | 96.80% | |
| Market Cap | ₹96.16 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) | - | - | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | - | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | - | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | - | - |
| 2 | Non Institutional Investors | - | 38,000 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 18,000 | - |
| 2.1(a) | Corporates | - | - | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 18,000 | - |
| 2.1(c) | Others | - | - | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 20,000 | - |
| 2.2(a) | Corporates | - | - | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 20,000 | - |
| 2.2(c) | Others | - | - | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 1,76,000 | - |
| - | Total | - | 2,14,000 | - |
| gmp date | ipo price | gmp | Subscription | sub2 sauda rate | estimated listing price | estimated profit | last updated |
|---|---|---|---|---|---|---|---|
|
13/01/2026
|
57.00 | Rs. 4 up | - | 6100 | 61 (7.02) | Rs. 8000 | 13/1/2026, 10:35:00 pm |
|
12/01/2026
|
57.00 | Rs. 2 up | - | 3000 | 59 (3.51) | Rs. 4000 | 12/1/2026, 11:30:00 pm |
|
11/01/2026
|
57.00 | Rs. 1 no-change | - | 1500 | 58 (1.75) | Rs. 2000 | 11/1/2026, 11:37:00 pm |
|
10/01/2026
|
57.00 | Rs. 1 no-change | - | 1500 | 58 (1.75) | Rs. 2000 | 10/1/2026, 11:35:00 pm |
|
09/01/2026
|
57.00 | Rs. 1 no-change | - | 1500 | 58 (1.75) | Rs. 2000 | 9/1/2026, 11:33:00 pm |