IPO Details
MainboardListed
Open:Wed, 24 Sept 2025
Close:Fri, 26 Sept 2025
Lot Size:64 Shares
Price Band:₹ 220 - ₹ 232
Listing:NSE, BSE
Fresh Issue:500.00 Cr
OFS:750.00 Cr
Total IPO Size:1250.00 Cr
QIB : 75%
Retail : 10%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 24-09-2025 , Wednesday |
| Close Date | 26-09-2025 , Friday |
| Tentative Allotment | 29-09-2025 , Monday |
| Tentative Listing Date | 01-10-2025 , Wednesday |
| Retail Appl. Cut Off Time | 26-09-2025 , Friday 05:00 PM |
| Non Retail Appl. Cut Off Time | 26-09-2025 , Friday 04:00 PM |
| Anchor Allotment | 23-09-2025 , Tuesday |
| Initiation Of Refund | 30-09-2025 , Tuesday |
| Credit Of Share To Demat | 30-09-2025 , Tuesday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 75.00 % | 4,04,09,483 | 937.50 Cr |
Retail | 10.00 % | 53,87,931 | 125.00 Cr |
Total HNI | 15.00 % | 80,81,896 | 187.50 Cr |
SHNI | 5.00 % | 26,93,965 | 62.50 Cr |
BHNI | 10.00 % | 53,87,931 | 125.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 64 (1) | ₹ 14,848 |
Retail MAX | - | 832 (13) | ₹ 1,93,024 |
SHNI MIN | - | 896 (14) | ₹ 2,07,872 |
SHNI MAX | - | 4288 (67) | ₹ 9,94,816 |
BHNI MIN | - | 4352 (68) | ₹ 10,09,664 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 500.00 Cr |
Offer for Sale | - | 750.00 Cr |
Contact Details
IPO Contact Details
Registered Office
The Lattice, Old no 7/1, New No 20, 4th Floor, Waddles Road,
Kilpauk, Chennai, Tamil Nadu – 600 010, India
Corporate Office
The Lattice, Old no 7/1, New No 20, 4th Floor, Waddles Road,
Kilpauk, Chennai, Tamil Nadu – 600 010, India
Contact Person
Bibhu Kalyan Rauta - Company Secretary and Compliance Officer
Telephone
Website
Registrar to Issue Details
Registrar Name
KFin Technologies Limited
Contact Person
M Murali Krishna
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
DAM Capital Advisors Limited | Arpi Chheda /Jay Shah | +91 22 4202 2500 | ipo.jainresource@damcapital.in | www.damcapital.in |
ICICI Securities Limited | Kishan Rastogi / Ashik Joisar | +91 22 6807 7100 | jainresource.ipo@icicisecurities.com | www.icicisecurities.com |
Motilal Oswal Investment Advisors Limited | Ronak Shah/ Sukant Goel | +91 22 7193 4380 | ipo.jainresource@motilaloswal.com | www.motilaloswalgroup.com |
PL Capital Markets Private Limited | jainmetalsipo@plindia.com | +91 22 6632 2222 | jainmetalsipo@plindia.com | www.plindia.com |