IPO Details
MainboardListed
Open:Tue, 23 Sept 2025
Close:Thu, 25 Sept 2025
Lot Size:16 Shares
Price Band:₹ 846 - ₹ 890
Listing:NSE, BSE
Fresh Issue:170.00 Cr
OFS:280.00 Cr
Total IPO Size:450.00 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 23-09-2025 , Tuesday |
| Close Date | 25-09-2025 , Thursday |
| Tentative Allotment | 26-09-2025 , Friday |
| Tentative Listing Date | 30-09-2025 , Tuesday |
| Retail Appl. Cut Off Time | 25-09-2025 , Thursday 05:00 PM |
| Non Retail Appl. Cut Off Time | 25-09-2025 , Thursday 04:00 PM |
| Anchor Allotment | 22-09-2025 , Monday |
| Initiation Of Refund | 29-09-2025 , Monday |
| Credit Of Share To Demat | 29-09-2025 , Monday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 25,28,089 | 225.00 Cr |
Retail | 35.00 % | 17,69,663 | 157.50 Cr |
Total HNI | 15.00 % | 7,58,427 | 67.50 Cr |
SHNI | 5.00 % | 2,52,809 | 22.50 Cr |
BHNI | 10.00 % | 5,05,618 | 45.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 16 (1) | ₹ 14,240 |
Retail MAX | - | 224 (14) | ₹ 1,99,360 |
SHNI MIN | - | 240 (15) | ₹ 2,13,600 |
SHNI MAX | - | 1120 (70) | ₹ 9,96,800 |
BHNI MIN | - | 1136 (71) | ₹ 10,11,040 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 170.00 Cr |
Offer for Sale | - | 280.00 Cr |
Contact Details
IPO Contact Details
Registered Office
11th Floor, Vikas Centre, Dr. C. G. Road, Chembur – East,
Mumbai – 400 074, Maharashtra, India
Corporate Office
11th Floor, Vikas Centre, Dr. C. G. Road, Chembur – East,
Mumbai – 400 074, Maharashtra, India
Contact Person
Kirtika Chauhan - Company Secretary and Compliance Officer
Telephone
Email
Website
Registrar to Issue Details
Registrar Name
Bigshare Services Private Limited
Contact Person
Vinayak Morbale
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Nuvama Wealth Management Limited | Lokesh Shah/ Soumavo Sarkar | +91 22 40094400 | jaro@nuvama.com | www.nuvama.com |
Motilal Oswal Investment Advisors Limited | Ritu Sharma/Sankita Ajinkya | +91 22 7193 4380 | jaro@motilaloswal.com | www.motilaloswalgroup.com |
Systematix Corporate Services Limited | Jinal Sanghvi/Kuldeep Singh | +91 22 6704 8000 | mb.ipo@systematixgroup.in | www.systematixgroup.in |