IPO Details
MainboardListed
Open:Mon, 22 Dec 2025
Close:Wed, 24 Dec 2025
Lot Size:128 Shares
Price Band:₹ 108 - ₹ 114
Listing:NSE, BSE
Fresh Issue:250.80 Cr
OFS:-
Total IPO Size:250.80 Cr
QIB : 75%
Retail : 10%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 22-12-2025 , Monday |
| Close Date | 24-12-2025 , Wednesday |
| Tentative Allotment | 26-12-2025 , Friday |
| Tentative Listing Date | 30-12-2025 , Tuesday |
| Retail Appl. Cut Off Time | 24-12-2025 , Wednesday 05:00 PM |
| Non Retail Appl. Cut Off Time | 24-12-2025 , Wednesday 04:00 PM |
| Anchor Allotment | 19-12-2025 , Friday |
| Initiation Of Refund | 29-12-2025 , Monday |
| Credit Of Share To Demat | 29-12-2025 , Monday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 75.00 % | 1,65,00,000 | 188.10 Cr |
Retail | 10.00 % | 22,00,000 | 25.08 Cr |
Total HNI | 15.00 % | 33,00,000 | 37.62 Cr |
SHNI | 5.00 % | 11,00,000 | 12.54 Cr |
BHNI | 10.00 % | 22,00,000 | 25.08 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 128 (1) | ₹ 14,592 |
Retail MAX | - | 1664 (13) | ₹ 1,89,696 |
SHNI MIN | - | 1792 (14) | ₹ 2,04,288 |
SHNI MAX | - | 8704 (68) | ₹ 9,92,256 |
BHNI MIN | - | 8832 (69) | ₹ 10,06,848 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | 2,20,00,000 | 250.80 Cr |
Contact Details
IPO Contact Details
Registered Office
Plot No. 1, City Sarve No. 1537/A, Jetalpur Road,
Gokak Mill Compound, Alkapuri,
Vadodara – 390 020, Gujarat, India
Corporate Office
Plot No. 1, City Sarve No. 1537/A, Jetalpur Road,
Gokak Mill Compound, Alkapuri,
Vadodara – 390 020, Gujarat, India
Contact Person
Niki Paresh Tiwari - Company Secretary and Compliance Officer
Telephone
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Nirbhay Capital Services Pvt Ltd | Kunjal Soni | +91 79 48970649 | kunjal@nirbhaycapital.com | www.nirbhaycapital.com |