Objective of the Issue
IPO Details, Price, Market Lot
IPO Details | |
IPO Open Date | 26 September 2022 |
IPO Close Date | 29 September 2022 |
IPO Issue Size | 5,832,000 Equity Shares of ₹10 (Aggregating up to ₹22.16 Cr) |
Fresh Issue | |
Offer for Sale | |
Retail Portion | 50% |
NII Portion | 50% |
QIB Portion | — |
Listing At | BSE SME |
IPO Price | |
Face Value | ₹10 Per Equity Share |
IPO Price Band | ₹36 – ₹38 Per Equity Share |
Employee Discount | — |
IPO Issue Type | Book Built Issue |
IPO Market Lot (For Retail Investors) | |
No. of Shares Per Lot | 3000 Equity Shares |
Minimum Lot Size | 1 Lot of 3000 Equity Shares |
Maximum Lot Size | 1 Lot of 3000 Equity Shares |
Minimum Amount (Cut-off price) | ₹114,000 |
Maximum Amount (Cut-off price) | ₹114,000 |
IPO Date, Listing Date, Allotment Date
Time Table (Tentative) | |
IPO Open Date | 26 September 2022 |
IPO Close Date | 29 September 2022 |
Basis of Allotment Date | 4 October 2022 |
Initiation of Refunds | 6 October 2022 |
Credit of Share to Demat Account | 7 October 2022 |
IPO Listing Date | 10 October 2022 |
Financial Report
Year | Total Assets (₹ in Million) | Total Revenue (₹ in Million) | Profit After Tax (₹ in Million) |
Company Promotor and Promotor’s Holding
Pre Issue Promotor Holding | 97% |
Post Issue Promotor Holding | — |
Company Address
IPO Registrar, Lead Manager, Prospectus
IPO Prospectus |
IPO Registrar |
IPO Lead Manager |
IPO Review (Apply or Avoid)
Brokerage Firms Review |
Personal Opinion |