IPO Details
MainboardListed
Open:Wed, 19 Nov 2025
Close:Fri, 21 Nov 2025
Lot Size:125 Shares
Price Band:₹ 114 - ₹ 120
Listing:NSE, BSE
Fresh Issue:180.00 Cr
OFS:320.00 Cr
Total IPO Size:500.00 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 19-11-2025 , Wednesday |
| Close Date | 21-11-2025 , Friday |
| Tentative Allotment | 24-11-2025 , Monday |
| Tentative Listing Date | 26-11-2025 , Wednesday |
| Retail Appl. Cut Off Time | 21-11-2025 , Friday 05:00 PM |
| Non Retail Appl. Cut Off Time | 21-11-2025 , Friday 04:00 PM |
| Anchor Allotment | 18-11-2025 , Tuesday |
| Initiation Of Refund | 25-11-2025 , Tuesday |
| Credit Of Share To Demat | 25-11-2025 , Tuesday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 2,08,33,332 | 250.00 Cr |
Retail | 35.00 % | 1,45,83,334 | 175.00 Cr |
Total HNI | 15.00 % | 62,50,000 | 75.00 Cr |
SHNI | 5.00 % | 20,83,333 | 25.00 Cr |
BHNI | 10.00 % | 41,66,667 | 50.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 125 (1) | ₹ 15,000 |
Retail MAX | - | 1625 (13) | ₹ 1,95,000 |
SHNI MIN | - | 1750 (14) | ₹ 2,10,000 |
SHNI MAX | - | 8250 (66) | ₹ 9,90,000 |
BHNI MIN | - | 8375 (67) | ₹ 10,05,000 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 180.00 Cr |
Offer for Sale | - | 320.00 Cr |
Contact Details
IPO Contact Details
Registered Office
1-B, Hootagalli Industrial Area,
Mysore -570018 Karnataka, India
Corporate Office
1-B, Hootagalli Industrial Area,
Mysore -570018 Karnataka, India
Contact Person
Venkatesh Dayananda - 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 | |
|---|---|---|---|---|
ANAND RATHI ADVISORS LIMITED | Mr. P. Balraj | +91 22 4047 7120 | ipo.excelsoft@rathi.com | www.anandrathiib.com |