Objective of the Issue

  1. Repayment in full or in part, of certain of the outstanding borrowings.
  2. To meet Working Capital requirements.
  3. 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