| IPO Date | 12 to 16 Feb, 2026 |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding (Pre-Issue) | 62,31,568 shares |
| Share Holding (Post-Issue) | 85,36,768 shares |
| Total Issue Size | 23,05,200 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker | 1,16,400 shares (agg. up to ₹1 Cr)Nikunj Stock Brokers Ltd. |
| Net Offered to Public | 21,88,800 shares (agg. up to ₹26 Cr) |
| Offer for Sale | - |
| Fresh Issue (ex Market Maker) | - |
Date: Thursday, 12 February 2026
IPO subscription opens for investorsDate: Monday, 16 February 2026
Last date for IPO subscriptionDate: Tuesday, 17 February 2026
Expected date for share allotmentDate: Wednesday, 18 February 2026
Refunds initiated for unsuccessful applicationsDate: Wednesday, 18 February 2026
Shares credited to demat accountsDate: Thursday, 19 February 2026
Expected listing date on stock exchangeUPI Mandate Confirmation Cut-off: -
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,80,800 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,80,800 |
| S-HNI (Min) | 3 | 3600 | ₹4,21,200 |
| S-HNI (Max) | 7 | 8400 | ₹9,82,800 |
| B-HNI (Min) | 8 | 9600 | ₹11,23,200 |
| Category | Shares Offered | Max Allottees |
|---|---|---|
| Market Maker Shares Offered | 1,16,400 (5.05%) | - |
| QIB Shares Offered | 10,87,200 (47.16%) | - |
| − Anchor Investor Shares Offered | 6,51,600 (28.27%) | - |
| − QIB (Ex. Anchor) Shares Offered | 4,35,600 (18.90%) | - |
| NII (HNI) Shares Offered | 3,31,200 (14.37%) | - |
| − bNII > ₹10L | 2,19,600 (9.53%) | - |
| − sNII < ₹10L | 1,11,600 (4.84%) | - |
| Retail Shares Offered | 7,70,400 (33.42%) | - |
| Total Shares Offered | 23,05,200 (100.00%) | - |
| Period | Revenue | Profit After Tax | Net Worth | Assets |
|---|---|---|---|---|
| 29/09/2025 | 48.71 | 3.14 | 18.51 | 62.68 |
| 30/03/2025 | 85.63 | 6.29 | 15.37 | 53.94 |
| 30/03/2024 | 60.83 | 3.14 | 8.45 | 48.37 |
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | - |
| PAT Margin | - |
| EBITDA Margin | - |
| Price to Book Value | - |
| type | pre_ipo | post_ipo |
|---|---|---|
| EPS Rs | 10.09 | 7.35 |
| P/E (x) | 11.6 | 15.91 |
| Promoter Holding | 79.71% | 58.19% |
| Market Cap | ₹99.88 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) | - | 12,73,200 | - |
| 1(a) | Foreign Institutional Investors(FIIs) | - | - | - |
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 9,600 | - |
| 1(c) | Mutual funds | - | - | - |
| 1(d) | Others | - | 12,63,600 | - |
| 2 | Non Institutional Investors | - | 1,36,94,400 | - |
| 2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | - | 1,12,47,600 | - |
| 2.1(a) | Corporates | - | 4,22,400 | - |
| 2.1(b) | Individuals(IND category bidding for more than 2 Lots) | - | 1,06,90,800 | - |
| 2.1(c) | Others | - | 1,34,400 | - |
| 2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | - | 24,46,800 | - |
| 2.2(a) | Corporates | - | 32,400 | - |
| 2.2(b) | Individuals(IND category bidding for more than 2 Lots) | - | 22,99,200 | - |
| 2.2(c) | Others | - | 1,15,200 | - |
| 3 | Individual Investors (IND category bidding for 2 Lots) | - | 1,27,20,000 | - |
| - | Total | - | 2,76,87,600 | - |