Objective of the Issue

IPO Details, Price, Market Lot

IPO Details
IPO Open Date 30 July 2024
IPO Close Date 1 August 2024
IPO Issue Size 27,345,162 shares (aggregating up to ₹1,856.74 Cr)
Fresh Issue 10,014,727 shares (aggregating up to ₹680.00 Cr)
Offer for Sale 17,330,435 shares (aggregating up to ₹1,176.74 Cr)
Retail Portion 10% of net offer
NII Portion 15% of net offer
QIB Portion 75% of net offer
Listing At NSE, BSE
IPO Price
Face Value ₹2 per share
IPO Price Band ₹646 to ₹679 per share
Employee Discount ₹64 per share
IPO Issue Type Book Built Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 22 shares
Minimum Lot Size 1 lot (22 shares)
Minimum Amount (Cut-off price) ₹14,938
Maximum Lot Size 13 lots (286 shares)
Maximum Amount (Cut-off price) ₹1,94,194
IPO Market Lot For S-HNI
No. of Shares Per Lot 22 shares
Minimum Lot Size 14 lots (308 shares)
Minimum Amount (Cut-off price) ₹2,09,132
Maximum Lot Size 66 lots (1,452 shares)
Maximum Amount (Cut-off price) ₹9,85,908
IPO Market Lot For B-HNI
No. of Shares Per Lot  22 shares
Minimum Lot Size 67 lots (1,474 shares)
Minimum Amount (Cut-off price) ₹10,00,846

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 31 July 2024
IPO Close Date 1 August 2024
Basis of Allotment Date 2 August 2024
Initiation of Refunds 5 August 2024
Credit of Share to Demat Account 5 August 2024
IPO Listing Date 6 August 2024

Financial Report

Period Ended

Assets

(₹ in Crore)

Revenue

(₹ in Crore)

P A T

(₹ in Crore)

Net Worth

(₹ in Crore)

Borrowings

(₹ in Crore)

 31 March 2024 3,516.37 4,212.21 0.79 709.50 491.56
31 March 2023 3,266.53 3,700.93 97.82 717.19 536.97
31 March 2022 3,069.05 3,694.52 -250.87 621.98 357.95
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 3,516.37 3,266.53 3,069.05
Revenue 4,212.21 3,700.93 3,694.52
P A T 0.79 97.82 -250.87
Net Worth 709.50 717.19 621.98
Borrowings 491.56 536.97 357.95
Amount in ₹ Crore

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 84.94%
Post Issue Promotor Holding  

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Link Intime India Private Limited
IPO Lead Manager

ICICI Securities Limited

Axis Capital Limited

Citigroup Global Markets India Private Limited

Ambit Private Limited