IPO Details, Price, Market Lot
| IPO Details | |
| IPO Open Date | 16 September 2024 |
| IPO Close Date | 19 September 2024 |
| IPO Issue Size | 44,16,000 Shares (Aggregating up to ₹70.66 Cr) |
| Fresh Issue | 44,16,000 Shares (Aggregating up to ₹70.66 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not less than 50% of the offer |
| Listing At | NSE SME |
| IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹155 to ₹160 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 800 Shares |
| Minimum Lot Size | 1 Lot (800 Shares) |
| Minimum Amount (Cut-off price) | ₹1,28,000 |
| Maximum Lot Size | 1 Lot (800 Shares) |
| Maximum Amount (Cut-off price) | ₹1,28,000 |
| IPO Market Lot For HNI | |
| No. of Shares Per Lot | 800 Shares |
| Minimum Lot Size | 2 Lots (1600 Shares) |
| Minimum Amount (Cut-off price) | ₹2,56,000 |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) | |
| IPO Open Date | 16 September 2024 |
| IPO Close Date | 19 September 2024 |
| Basis of Allotment Date | 20 September 2024 |
| Initiation of Refunds | 23 September 2024 |
| Credit of Share to Demat Account | 23 September 2024 |
| IPO Listing Date | 24 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 | 9,864.20 | 13,268.52 | 1,305.21 | 2,534.21 | 2,545.23 |
| 31 March 2023 | 4,902.09 | 8,195.58 | 466 | 1,229 | 1,782.29 |
| 31 March 2022 | 3,312.17 | 6,555.49 | 212.31 | 763 | 862.87 |
| Period Ended | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 9,864.20 | 4,902.09 | 3,312.17 |
| Revenue | 13,268.52 | 8,195.58 | 6,555.49 |
| P A T | 1,305.21 | 466 | 212.31 |
| Net Worth | 2,534.21 | 1,229 | 763 |
| Borrowings | 2,545.23 | 1,782.29 | 862.87 |
| Amount in ₹ Lakh | |||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 98.50% |
| Post Issue Promotor Holding | 71.53% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
|
| IPO Registrar |
| Mas Services Limited |
| IPO Lead Manager |
| Horizon Management Private Limited |
