IPO Details
MainboardListed
Open:Wed, 21 May 2025
Close:Fri, 23 May 2025
Lot Size:166 Shares
Price Band:₹ 85 - ₹ 90
Listing:NSE, BSE
Fresh Issue:2150.00 Cr
OFS:-
Total IPO Size:2150.00 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 21-05-2025 , Wednesday |
| Close Date | 23-05-2025 , Friday |
| Tentative Allotment | 26-05-2025 , Monday |
| Tentative Listing Date | 28-05-2025 , Wednesday |
| Retail Appl. Cut Off Time | 23-05-2025 , Friday 05:00 PM |
| Non Retail Appl. Cut Off Time | 23-05-2025 , Friday 04:00 PM |
| Anchor Allotment | 20-05-2025 , Tuesday |
| Initiation Of Refund | 27-05-2025 , Tuesday |
| Credit Of Share To Demat | 27-05-2025 , Tuesday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 11,94,44,444 | 1,075.00 Cr |
Retail | 35.00 % | 8,36,11,111 | 752.50 Cr |
Total HNI | 15.00 % | 3,58,33,334 | 322.50 Cr |
SHNI | 5.00 % | 1,19,44,445 | 107.50 Cr |
BHNI | 10.00 % | 2,38,88,889 | 215.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 166 (1) | ₹ 14,940 |
Retail MAX | - | 2158 (13) | ₹ 1,94,220 |
SHNI MIN | - | 2324 (14) | ₹ 2,09,160 |
SHNI MAX | - | 10956 (66) | ₹ 9,86,040 |
BHNI MIN | - | 11122 (67) | ₹ 10,00,980 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 2,150.00 Cr |
Contact Details
IPO Contact Details
Registered Office
Plot No D-39, MIDC Area Waluj,
Aurangabad - 431133, Maharashtra, India
Corporate Office
Office No. 501 and 502, Fifth Floor, Cello Platina,
Shivaji Nagar, Fergusson College Road,
Pune - 411106, Maharashtra, India
Contact Person
Manish Kumar - Company Secretary and Compliance Officer
Telephone
Website
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Axis Capital Limited | Harish Patel | +91 22 4325 2183 | belrise.ipo@axiscap.in | www.axiscapital.co.in |
HSBC Securities and Capital Markets (India) Pvt Ltd | Harsh Thakkar/ Harshit Tayal | +91 22 6864 1289 | belriseipo@hsbc.co.in | www.business.hsbc.co.in |
Jefferies India Private Limited | Suhani Bhareja | +91 22 4356 6000 | Belrise.IPO@jefferies.com | www.jefferies.com |
SBI Capital Markets Limited | Raghavendra Bhat / Aditya Deshpande | +91 22 4006 9807 | belrise.ipo@sbicaps.com | www.sbicaps.com |