IPO Details
MainboardListed
Open:Fri, 14 Nov 2025
Close:Tue, 18 Nov 2025
Lot Size:25 Shares
Price Band:₹ 549 - ₹ 577
Listing:NSE, BSE
Fresh Issue:345.00 Cr
OFS:532.50 Cr
Total IPO Size:877.50 Cr
QIB : 75%
Retail : 10%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 14-11-2025 , Friday |
| Close Date | 18-11-2025 , Tuesday |
| Tentative Allotment | 19-11-2025 , Wednesday |
| Tentative Listing Date | 21-11-2025 , Friday |
| Retail Appl. Cut Off Time | 18-11-2025 , Tuesday 05:00 PM |
| Non Retail Appl. Cut Off Time | 18-11-2025 , Tuesday 04:00 PM |
| Anchor Allotment | 13-11-2025 , Thursday |
| Initiation Of Refund | 20-11-2025 , Thursday |
| Credit Of Share To Demat | 20-11-2025 , Thursday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 75.00 % | 1,13,80,003 | 656.63 Cr |
Retail | 10.00 % | 15,17,333 | 87.55 Cr |
Total HNI | 15.00 % | 22,76,000 | 131.33 Cr |
SHNI | 5.00 % | 7,58,667 | 43.78 Cr |
BHNI | 10.00 % | 15,17,333 | 87.55 Cr |
Employee | 0.00 % | 38,095 | 2.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 25 (1) | ₹ 14,425 |
Retail MAX | - | 325 (13) | ₹ 1,87,525 |
SHNI MIN | - | 350 (14) | ₹ 2,01,950 |
SHNI MAX | - | 1725 (69) | ₹ 9,95,325 |
BHNI MIN | - | 1750 (70) | ₹ 10,09,750 |
Employee MIN | ₹ 52 | 25 (1) | ₹ 13,125 |
Employee MAX | ₹ 52 | 950 (38) | ₹ 4,98,750 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 345.00 Cr |
Offer for Sale | 92,28,796 | 532.50 Cr |
Contact Details
IPO Contact Details
Registered Office
#360 bearing PID No 101, 360, 15th Cross Rd,
Sector 4, HSR Layout, Bengaluru - 560 102, Karnataka, India
Corporate Office
#360 bearing PID No 101, 360, 15th Cross Rd,
Sector 4, HSR Layout, Bengaluru - 560 102, Karnataka, India
Contact Person
Gireddy Bhargavi Reddy - 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 | |
|---|---|---|---|---|
JM Financial Limited | Prachee Dhuri | +91 22 6630 3030 | capillary.ipo@jmfl.com | www.jmfl.com |
IIFL Capital Services Limited | Dhruv Bhavsar / Pawan Kumar Jain | +91 22 4646 4728 | capillary.ipo@iiflcap.com | www.iiflcapital.com |
Nomura Financial Advisory and Securities (India) Pvt Ltd | Vishal Kanjani / Kshitij Thakur | +91 22 6630 3030 | capillaryipo@nomura.com | www.nomuraholdings.com/company/group/asia/india/index.html |