Objective of the Issue

IPO Details, Price, Market Lot

IPO Details
IPO Open Date 20 September 2024
IPO Close Date 24 September 2024
IPO Issue Size 4,960,000 Shares (Aggregating up to ₹64.98 Cr)
Fresh Issue 4,960,000 Shares (Aggregating up to ₹64.98 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 more than 50% of the offer
Listing At NSE SME
IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹124 to ₹131 Per Share
Employee Discount
IPO Issue Type Book Built Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 1000 Shares
Minimum Lot Size 1 Lot (1000 Shares)
Minimum Amount (Cut-off price) ₹1,31,000
Maximum Lot Size 1 Lot (1000 Shares)
Maximum Amount (Cut-off price) ₹1,31,000
IPO Market Lot For HNI
No. of Shares Per Lot 1000 Shares
Minimum Lot Size 2 Lots (2000 Shares)
Minimum Amount (Cut-off price) ₹2,62,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 20 September 2024
IPO Close Date 24 September 2024
Basis of Allotment Date 25 September 2024
Initiation of Refunds 26 September 2024
Credit of Share to Demat Account 26 September 2024
IPO Listing Date 27 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 12,225.54 16,328.48 759.76 4,179.98 4,354.72
31 March 2023 8,835.65 13,568.86 430.17 3,420.22 2,051.31
31 March 2022 7,759.56 12,873.65 1,011.06 2,990.04 1,844.13
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 12,225.54  8,835.65  7,759.56
Revenue 16,328.48 13,568.86 12,873.65
P A T 759.76 430.17 1,011.06
Net Worth 4,179.98  3,420.22 2,990.04
Borrowings 4,354.72 2,051.31 1,844.13
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 88.82%
Post Issue Promotor Holding  

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Kfin Technologies Limited
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd