IPO Details, Price, Market Lot

IPO Details
IPO Open Date 17 September 2024
IPO Close Date 20 September 2024
IPO Issue Size 5,482,000 shares
(aggregating up to ₹32.34 Cr)
Fresh Issue 4,802,000 shares
(aggregating up to ₹28.33 Cr)
Offer for Sale 680,000 shares of ₹10
(aggregating up to ₹4.01 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 ₹57 to ₹59 Per Share
Employee Discount
IPO Issue Type Book Built Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 2000 Shares
Minimum Lot Size 1 Lot (2000 Shares)
Minimum Amount (Cut-off price) ₹1,18,000
Maximum Lot Size 1 Lot (2000 Shares)
Maximum Amount (Cut-off price) ₹1,18,000
IPO Market Lot For HNI
No. of Shares Per Lot 2000 Shares
Minimum Lot Size 2 Lots (4000 Shares)
Minimum Amount (Cut-off price) ₹2,36,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 17 September 2024
IPO Close Date 20 September 2024
Basis of Allotment Date 23 September 2024
Initiation of Refunds 24 September 2024
Credit of Share to Demat Account 24 September 2024
IPO Listing Date 25 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 8,179.18 11,363.62 725.36 2,291.49 2,492.82
31 March 2023 7,223.87 11,224.1 275.84 1,566.14 2,027.65
31 March 2022 5,450.48 9,243.16 313.44 1,970.49 1,176.93
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 8,179.18 7,223.87 5,450.48
Revenue 11,363.62  11,224.1 9,243.16
P A T 725.36 275.84 313.44
Net Worth 2,291.49 1,566.14 1,970.49
Borrowings 2,492.82  2,027.65 1,176.93
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 100%
Post Issue Promotor Holding 72.15%

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Purva Sharegistry India Pvt Ltd
IPO Lead Manager
Swaraj shares and securities private limited