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Objective of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Capital Expenditure.
- 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 |
