IPO Details


MainboardListed
Open:Tue, 19 Aug 2025
Close:Thu, 21 Aug 2025
Lot Size:46 Shares
Price Band:₹ 309 - ₹ 325
Listing:NSE, BSE
Fresh Issue:175.00 Cr
OFS:276.25 Cr
Total IPO Size:451.25 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 19-08-2025 , Tuesday |
| Close Date | 21-08-2025 , Thursday |
| Tentative Allotment | 22-08-2025 , Friday |
| Tentative Listing Date | 26-08-2025 , Tuesday |
| Retail Appl. Cut Off Time | 21-08-2025 , Thursday 05:00 PM |
| Non Retail Appl. Cut Off Time | 21-08-2025 , Thursday 04:00 PM |
| Anchor Allotment | 18-08-2025 , Monday |
| Initiation Of Refund | 25-08-2025 , Monday |
| Credit Of Share To Demat | 25-08-2025 , Monday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 69,42,306 | 225.62 Cr |
Retail | 35.00 % | 48,59,616 | 157.94 Cr |
Total HNI | 15.00 % | 20,82,693 | 67.69 Cr |
SHNI | 5.00 % | 6,94,231 | 22.56 Cr |
BHNI | 10.00 % | 13,88,462 | 45.13 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 46 (1) | ₹ 14,950 |
Retail MAX | - | 598 (13) | ₹ 1,94,350 |
SHNI MIN | - | 644 (14) | ₹ 2,09,300 |
SHNI MAX | - | 3036 (66) | ₹ 9,86,700 |
BHNI MIN | - | 3082 (67) | ₹ 10,01,650 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 175.00 Cr |
Offer for Sale | 85,00,000 | 276.25 Cr |
Contact Details
IPO Contact Details
Registered Office
A/410, Kailas Complex, Vikhroli Powai Link Road,
Park Site, Vikhroli West, Mumbai – 400 079,
Maharashtra, India
Corporate Office
A/503, Kailas Complex, Vikhroli Powai Link Road,
Park Site, Vikhroli West, Mumbai – 400079,
Maharashtra, India
Contact Person
Pooja Padam Bhandari - Company Secretary and Compliance Office
Telephone
Website
Registrar to Issue Details
Registrar Name
KFin Technologies Limited
Contact Person
M. Murali Krishna
Telephone
Email
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Motilal Oswal Investment Advisors Limited | Sukant Goel/ Ronak Shah | +91 22 7193 4380 | gem.ipo@motilaloswal.com | www.motilaloswalgroup.com |