IPO Details
Objects of the Offer
IPO Details, Price, Market Lot
| IPO Details | |
| IPO Open Date | 17 July 2023 |
| IPO Close Date | 19 July 2023 |
| IPO Issue Size | 12,620,000 equity shares |
| Fresh Issue | 4,120,000 equity shares |
| Offer for Sale | 8,500,000 equity shares |
| Listing At | NSE, BSE |
| IPO Reservation | |
| Retail Portion Offered | 34.95% |
| NII (HNI) Portion Offered | 14.98% of the net offer |
| QIB Portion Offered | 19.97% |
| Anchor Investor Offered | 29.95% |
| Employee Offered | 0.15% |
| IPO Price | |
| Face Value | ₹2 per equity share |
| IPO Price Band | ₹475 to ₹500 per equity share |
| Employee Discount | ₹25 per equity share |
| IPO Issue Type | Book Built Issue |
| IPO Market Lot For Retail Investors | |
| No. of Shares Per Lot | 30 shares |
| Minimum Lot Size | 1 lot 0f 30 shares |
| Maximum Lot Size | 13 lots of 390 shares |
| Minimum Amount (Cut-off price) | ₹15,000 |
| Maximum Amount (Cut-off price) | ₹195,000 |
| IPO Market Lot For S-HNI | |
| No. of Shares Per Lot | 30 shares |
| Minimum Lot Size | 14 lots of 420 equity shares |
| Maximum Lot Size | 66 lots of 1980 equity shares |
| Minimum Amount (Cut-off price) | ₹210,000 |
| Maximum Amount (Cut-off price) | ₹990,000 |
| IPO Market Lot For B-HNI | |
| No. of Shares Per Lot | 30 shares |
| Minimum Lot Size | 67 lots of 2010 equity shares |
| Minimum Amount (Cut-off price) | ₹1,005,000 |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) | |
| IPO Open Date | 17 July 2023 |
| IPO Close Date | 19 July 2023 |
| Basis of Allotment Date | 24 July 2023 |
| Initiation of Refunds | 25 July 2023 |
| Credit of Share to Demat Account | 26 July 2023 |
| IPO Listing Date | 27 July 2023 |
Financial Report
| Period Ended | Total Assets (₹ in Million) | Total Revenue (₹ in Million) | Profit After Tax (₹ in Million) | EPS (₹) | Borrowings (₹ in Million) |
IPO Valuation
| Price to Earning P/E Ratio | |
| Earning Per Share (EPS) | |
| Return on Net Worth | |
| Net Asset Value (NAV) |
IPO Time Table and Shares Offered for Anchor Investors
| Shares Offered | |
| Amount | |
| Bid Date | 14 July 2023 |
| Lock-in Period end date for 50% of Shares (30 days) | 5 September 2023 |
| Lock-in Peroid End for remaining Shares (90 days) | 5 December 2023 |
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 97.80% |
| Post Issue Promotor Holding | 75.45% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
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| IPO Registrar |
| IPO Lead Manager |
IPO Review (Apply or Avoid)
| Brokerage Firms Review Review |