| IPO Date | 24 to 26 Feb, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 32 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding (Pre-Issue) | 2,18,66,400 shares |
| Share Holding (Post-Issue) | 3,17,10,959 shares |
| Total Issue Size | 98,44,559 shares (agg. up to ₹380 Cr) |
| Reserved for Market Maker | - |
| Net Offered to Public | - |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Tuesday, 24 February 2026
IPO subscription opens for investorsDate: Thursday, 26 February 2026
Last date for IPO subscriptionDate: Friday, 27 February 2026
Expected date for share allotmentDate: Monday, 2 March 2026
Refunds initiated for unsuccessful applicationsDate: Monday, 2 March 2026
Shares credited to demat accountsDate: Wednesday, 4 March 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹12,352 |
| Retail (Max) | 16 | 512 | ₹1,97,632 |
| S-HNI (Min) | 17 | 544 | ₹2,09,984 |
| S-HNI (Max) | 80 | 2560 | ₹9,88,160 |
| B-HNI (Min) | 81 | 2592 | ₹10,00,512 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue | - |
| Retail Shares Offered | Not more than 10% of the Net Issue | - |
| NII Shares Offered | Not more than 15% of the Net Issue | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 157.12 | 20.13 | 120.31 | 352.7 |
| 30/03/2025 | 259.11 | 59.47 | 100.19 | 226.84 |
| 30/03/2024 | 196.24 | 42.41 | -28.5 | 158.33 |
| 30/03/2023 | 199.35 | 51.75 | -52.02 | 123.93 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 35.21 | |
| P/E (x) | 10.96 | |
| Promoter Holding | 87.45% | 60.31% |
| Market Cap | ₹1,224.04 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) | 31,09,793 | 32,42,304 | 1.04 |
| 1(a) | foreign institutional investors (fiis) | - | 10,36,224 | - |
| 1(b) | domestic financial institutions(banks/ financial institutions(fis)/ insurance companies) | - | - | - |
| 1(c) | mutual funds | - | 1,29,504 | - |
| 1(d) | others | - | 20,76,576 | - |
| 2 | non institutional investors(niis) | 15,51,555 | 23,88,224 | 1.54 |
| 2.1 | non institutional investors(bid amount of more than ten lakh rupees) | 10,34,370 | 16,77,888 | 1.62 |
| 2.1(a) | corporates | - | 98,368 | - |
| 2.1(b) | individuals (other than riis) | - | 13,58,016 | - |
| 2.1(c) | others | - | 2,21,504 | - |
| 2.2 | non institutional investors(bid amount of more than two lakh rupees and upto 10 lakh rupees) | 5,17,185 | 7,10,336 | 1.37 |
| 2.2(a) | corporates | - | 20,672 | - |
| 2.2(b) | individuals (other than riis) | - | 6,70,624 | - |
| 2.2(c) | others | - | 19,040 | - |
| 3 | retail individual investors (riis) | 10,34,370 | 13,30,400 | 1.29 |
| 3(a) | cut off | - | 11,23,488 | - |
| 3(b) | price bids | - | 2,06,912 | - |
| 4 | employee reserved | 10,517 | 70,848 | 6.74 |
| 4(a) | employee (cut off) | - | 61,760 | - |
| 4(b) | employee (price) | - | 9,088 | - |
| 5 | reservation portionshareholder | - | - | - |
| 5(a) | rps (cut off) | - | - | - |
| 5(b) | rps (price) | - | - | - |
| total | 57,06,235 | 70,31,776 | 1.23 |