Objective of the Issue

IPO Details, Price, Market Lot

IPO Details
IPO Open Date28 November 2022
IPO Close Date30 November 2022
IPO Issue Size10,596,924 Equity Shares of ₹10
Fresh Issue9,113,924 Equity Shares of ₹10
Offer for Sale1,483,000 Equity Shares of ₹10
Retail PortionNot less than 35%
NII PortionNot less than 15%
QIB PortionNot more than 50%
Listing AtNSE, BSE
IPO Price
Face Value₹10 Per Equity Share
IPO Price Band₹216 to ₹237 Per Equity Share
Employee Discount
IPO Issue TypeBook Built Issue

IPO Market Lot For Retail Investors
No. of Shares Per Lot60 Equity Shares
Minimum Lot Size1 Lot of 60 Equity Shares
Maximum Lot Size14 Lot of 840 Equity Shares
Minimum Amount (Cut-off price)₹14,220
Maximum Amount (Cut-off price)₹199,080
IPO Market Lot For HNI
No. of Shares Per Lot
Minimum Lot Size
Maximum Lot Size
Minimum Amount (Cut-off price)
Maximum Amount (Cut-off price)

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date28 November 2022
IPO Close Date30 November 2022
Basis of Allotment Date5 December 2022
Initiation of Refunds6 December 2022
Credit of Share to Demat Account6 December 2022
IPO Listing Date8 December 2022

Financial Report

As AtTotal Assets
(₹ in Million)
Total Revenue
(₹ in Million)
Profit After Tax
(₹ in Million)
31 July 20223,057.642,211.72183.59
31 March 20222,195.453,962.88286.90
31 March 20211,288.703,035.65209.60
31 March 2020925.831,991.65107.59

Company Promotor

IPO Promotors Holding

Pre-Issue Promotor Holding
Post-Issue Promotor Holding

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Link Intime India Private Limited

Phone: +91 22 4918 6200

Email: dharmaj.crop@linkintime.co.in

IPO Lead Manager
  • Elara Capital (India) Private Limited
  • Monarch Networth Capital Limited

IPO Review (Apply or Avoid)

Brokerage Firms Review Review
My Personel Opinion


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