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Objective of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Capital Expenditure.
  2. General corporate purposes.

IPO Details, Price, Market Lot

IPO Details
IPO Open Date 12 November 2024
IPO Close Date 14 November 2024
IPO Issue Size 3,606,000 Shares (Aggregating up to ₹16.23 Cr)
Fresh Issue 3,606,000 Shares (Aggregating up to ₹16.23 Cr)
Offer for Sale NIL
Retail Portion 50%
Other’s Portion 50%
Listing At BSE SME
IPO Price
Face Value ₹10 per share
IPO Price Band ₹45 per share
Employee Discount
IPO Issue Type Fixed Price Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 3,000 Shares
Minimum Lot Size 1 Lot (3,000 Shares)
Minimum Amount (Cut-off price) ₹1,35,000
Maximum Lot Size 1 Lot (3,000 Shares)
Maximum Amount (Cut-off price) ₹1,35,000
IPO Market Lot For HNI
No. of Shares Per Lot 3,000 Shares
Minimum Lot Size 2 Lots (6,000 Shares)
Minimum Amount (Cut-off price) ₹2,70,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 12 November 2024
IPO Close Date 14 November 2024
Basis of Allotment Date 18 November 2024
Initiation of Refunds 19 November 2024
Credit of Share to Demat Account 19 November 2024
IPO Listing Date 20 November 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
30 June 2024 4,492.01 453.44 80.97 2,080.88 1,862.75
31 March 2024 4,552.12 2,344.42 385.80 1,999.90 2,041.21
31 March 2023 4,715.71 3,483.18 704.09 1,614.10 2,652.30
31 March 2022 5,267.09 1,848.78 86.62 910.00 3,434.12
Period Ended 30 June 2024 31 March 2024 31 March 2023 31 March 2022
Assets 4,492.01 4,552.12 4,715.71 5,267.09
Revenue 453.44 2,344.42 3,483.18 1,848.78
P A T 80.97 385.80 704.09 86.62
Net Worth 2,080.88 1,999.90 1,614.10 910.00
Borrowings 1,862.75 2,041.21 2,652.30 3,434.12
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 100.00
Post Issue Promotor Holding 73.50%

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Kfin Technologies Limited
IPO Lead Manager
Jawa Capital Services Private Limited