IPO Details, Price, Market Lot

IPO Details
IPO Open Date 12 September 2024
IPO Close Date 17 September 2024
IPO Issue Size 15,30,000 Shares (Aggregating up to ₹6.12 Cr)
Fresh Issue 9,70,000 Shares (Aggregating up to ₹3.88 Cr)
Offer for Sale 5,60,000 shares of ₹10 (Aggregating up to ₹2.24 Cr)
Retail Portion 50%
NII Portion 50%
Listing At BSE SME
IPO Price
Face Value ₹10 Per Share
IPO Price ₹40 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 (3000 Shaes)
Minimum Amount (Cut-off price) ₹1,20,000
Maximum Lot Size 1 Lot (3,000 Shaes)
Maximum Amount (Cut-off price) ₹1,20,000
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) ₹2,40,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 12 September 2024
IPO Close Date 17 September 2024
Basis of Allotment Date 18 September 2024
Initiation of Refunds 19 September 2024
Credit of Share to Demat Account 19 September 2024
IPO Listing Date 20 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 660.04 306.95 183.17 656.22  
31 March 2023 501.57 203.45 138.6 476.85 2.65
31 March 2022  363.2 188.19 123.91 338.25 4.1
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 660.04 501.57 363.2
Revenue 306.95 203.45 188.19
P A T 183.17 138.6 123.91
Net Worth 656.22 476.85 338.25
Borrowings   2.65 4.1
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 99.99%
Post Issue Promotor Holding 73.12%

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Cameo Corporate Services Limited
IPO Lead Manager
Srujan Alpha Capital Advisors LLP

Objective of the Issue