IPO Details, Price, Market Lot

IPO Details
IPO Open Date 13 September 2024
IPO Close Date 18 September 2024
IPO Issue Size 6,024,000 Shares (Aggregating up to ₹65.06 Cr)
Fresh Issue 5,524,000 Shares (Aggregating up to ₹59.66 Cr)
Offer for Sale 500,000 Shares of ₹10 (Aggregating up to ₹5.40 Cr)
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At NSE SME
IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹102 to ₹108 Per Share
Employee Discount
IPO Issue Type Book Built Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 1200 Shares
Minimum Lot Size 1 Lot (1200 Shares)
Minimum Amount (Cut-off price) ₹1,29,600
Maximum Lot Size 1 Lot (1200 Shares)
Maximum Amount (Cut-off price) ₹1,29,600
IPO Market Lot For HNI
No. of Shares Per Lot 1200 Shares
Minimum Lot Size 2 Lots (2400 Shares)
Minimum Amount (Cut-off price) ₹2,59,200

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 13 September 2024
IPO Close Date 18 September 2024
Basis of Allotment Date 19 September 2024
Initiation of Refunds 20 September 2024
Credit of Share to Demat Account 20 September 2024
IPO Listing Date 23 September 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 March 2024 7,721.58 15,363.76 1,181.89 3,221.32 2,309.55
31 March 2023 5,407.72 18,061.76 855.7 2,028.26 1,775.49
31 March 2022 3,924.64 15,319.4 519.1 1,207.59 989.82
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 7,721.58 5,407.72 3,924.64
Revenue 15,363.76 18,061.76 15,319.40
P A T 1,181.89 855.70 519.10
Net Worth 3,221.32 2,028.26 1,207.59
Borrowings 2,309.55 1,775.49 989.82
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 87.17
Post Issue Promotor Holding  

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Link Intime India Private Ltd
IPO Lead Manager
Unistone Capital Pvt Ltd

Objective of the Issue