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Objective of the Issue
- Repayment of a portion of certain borrowing availed by the company.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
IPO Details, Price, Market Lot
| IPO Details |
| IPO Open Date |
25 September 2024 |
| IPO Close Date |
27 September 2024 |
| IPO Issue Size |
36,00,000 Shares (Aggregating up to ₹31.32 Cr) |
| Fresh Issue |
36,00,000 Shares (Aggregating up to ₹31.32 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 |
₹82 to ₹87 Per Share |
| Employee Discount |
— |
| IPO Issue Type |
Book Built Issue |
|
| IPO Market Lot For Retail Investor |
| No. of Shares Per Lot |
1600 Shares |
| Minimum Lot Size |
1 Lot (1600 Shares) |
| Minimum Amount (Cut-off price) |
1,39,200 |
| Maximum Lot Size |
1 Lot (1600 Shares) |
| Maximum Amount (Cut-off price) |
1,39,200 |
| IPO Market Lot For HNI |
| No. of Shares Per Lot |
1600 Shares |
| Minimum Lot Size |
2 Lots (3200 Shares) |
| Minimum Amount (Cut-off price) |
2,78,400 |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) |
| IPO Open Date |
25 September 2024 |
| IPO Close Date |
27 September 2024 |
| Basis of Allotment Date |
30 September 2024 |
| Initiation of Refunds |
1 October 2024 |
| Credit of Share to Demat Account |
1 October 2024 |
| IPO Listing Date |
3 October 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 |
9,068.35 |
14,932.88 |
616.67 |
3,686 |
2,161.40 |
| 31 March 2023 |
7,072.31 |
14,441.84 |
497.07 |
3,202.89 |
1,166.83 |
| 31 March 2022 |
7,669.84 |
15,156.73 |
471.17 |
2,805.98 |
1,135.09 |
| Period Ended |
31 March 2024 |
31 March 2023 |
31 March 2022 |
| Assets |
9,068.35 |
7,072.31 |
7,669.84 |
| Revenue |
14,932.88 |
14,441.84 |
15,156.73 |
| P A T |
616.67 |
497.07 |
471.17 |
| Net Worth |
3,686 |
3,202.89 |
2,805.98 |
| Borrowings |
2,161.40 |
1,166.83 |
1,135.09 |
| Amount in ₹ Lakh |
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding |
100.00% |
| Post Issue Promotor Holding |
73.56% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
|
|
| IPO Registrar |
| Link Intime India Private Ltd |
| IPO Lead Manager |
| Hem Securities Limited |
|
