IPO Details
MainboardListed
Open:Wed, 30 Jul 2025
Close:Fri, 01 Aug 2025
Lot Size:38 Shares
Price Band:₹ 366 - ₹ 385
Listing:NSE, BSE
Fresh Issue:275.00 Cr
OFS:375.00 Cr
Total IPO Size:650.00 Cr
QIB : 75%
Retail : 10%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 30-07-2025 , Wednesday |
| Close Date | 01-08-2025 , Friday |
| Tentative Allotment | 04-08-2025 , Monday |
| Tentative Listing Date | 06-08-2025 , Wednesday |
| Retail Appl. Cut Off Time | 01-08-2025 , Friday 05:00 PM |
| Non Retail Appl. Cut Off Time | 01-08-2025 , Friday 04:00 PM |
| Anchor Allotment | 29-07-2025 , Tuesday |
| Initiation Of Refund | 05-08-2025 , Tuesday |
| Credit Of Share To Demat | 05-08-2025 , Tuesday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 75.00 % | 1,26,23,376 | 486.00 Cr |
Retail | 10.00 % | 16,83,116 | 64.80 Cr |
Total HNI | 15.00 % | 25,24,676 | 97.20 Cr |
SHNI | 5.00 % | 8,41,559 | 32.40 Cr |
BHNI | 10.00 % | 16,83,117 | 64.80 Cr |
Employee | 0.00 % | 57,306 | 2.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 38 (1) | ₹ 14,630 |
Retail MAX | - | 494 (13) | ₹ 1,90,190 |
SHNI MIN | - | 532 (14) | ₹ 2,04,820 |
SHNI MAX | - | 2584 (68) | ₹ 9,94,840 |
BHNI MIN | - | 2622 (69) | ₹ 10,09,470 |
Employee MIN | ₹ 36 | 38 (1) | ₹ 13,262 |
Employee MAX | ₹ 36 | 1406 (37) | ₹ 4,90,694 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 275.00 Cr |
Offer for Sale | - | 375.00 Cr |
Contact Details
IPO Contact Details
Registered Office
MB House, 51, Chandrodaya Society,
Opp. Golden Triangle Stadium Road, Post Navjivan,
Ahmedabad – 380 014, Gujarat, India
Corporate Office
MB House, 51, Chandrodaya Society,
Opp. Golden Triangle Stadium Road, Post Navjivan,
Ahmedabad – 380 014, Gujarat, India
Contact Person
Palak Dilipbhai Parekh - Company Secretary and Compliance Officer
Telephone
Email
Website
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Ms. Shanti Gopalkrishnan
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Equirus Capital Private Limited | Mrunal Jadhav | +91 22 4332 0734 | mb@equirus.com | www.equirus.com |
DAM Capital Advisors Limited | Puneet Agnihotri | +91 22 4202 2500 | mbel.ipo@damcapital.in | www.damcapital.in |