Objective of the Issue
- Repayment in full or in part, of certain of the outstanding borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
IPO Details, Price, Market Lot
| IPO Details | |
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| IPO Issue Size | 17,04,000 Shares(Aggregating up to ₹25.56 Cr) |
| Fresh Issue | 14,52,000 Shares (Aggregating up to ₹21.78 Cr) |
| Offer for Sale | 2,52,000 Shares of ₹10 (Aggregating up to ₹3.78 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 | ₹142 to ₹150 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) | ₹1,50,000 |
| Maximum Lot Size | 1 Lot (1000 Shares) |
| Maximum Amount (Cut-off price) | ₹1,50,000 |
| IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1000 Shares |
| Minimum Lot Size | 2 Lots (2000 Shares) |
| Minimum Amount (Cut-off price) | ₹3,00,000 |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) | |
| IPO Open Date | 23 September 2024 |
| IPO Close Date | 25 September 2024 |
| Basis of Allotment Date | 26 September 2024 |
| Initiation of Refunds | 27 September 2024 |
| Credit of Share to Demat Account | 27 September 2024 |
| IPO Listing Date | 30 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 | 2,456.27 | 4,001.43 | 503.30 | 1,061.22 | 572.60 |
| 31 March 2023 | 1,390.88 | 2,371.32 | 240.56 | 566.80 | 678.98 |
| 31 March 2022 | 1,002.62 | 2,037.03 | 84.42 | 326.25 | 509.78 |
| 31 March 2021 | 671.94 | 1,683.90 | 88.03 | 241.83 | 336.75 |
| Period Ended | 31 March 2024 | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Assets | 2,456.27 | 1,390.88 | 1,002.62 | 671.94 |
| Revenue | 4,001.43 | 2,371.32 | 2,037.03 | 1,683.90 |
| P A T | 503.30 | 240.56 | 84.42 | 88.03 |
| Net Worth | 1,061.22 | 566.80 | 326.25 | 241.83 |
| Borrowings | 572.60 | 678.98 | 509.78 | 336.75 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 89.53% |
| Post Issue Promotor Holding | 65.48% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
|
| IPO Registrar |
| Bigshare Services Pvt Ltd |
| IPO Lead Manager |
| Hem Securities Limited |
