IPO Details


SMEAllotted
Open:Tue, 05 May 2026
Close:Thu, 07 May 2026
Lot Size:800 Shares
Price Band:₹ 150 - ₹ 158
Listing:BSE
Fresh Issue:39.55 Cr
OFS:5.04 Cr
Total IPO Size:44.59 Cr
QIB : 50.00%
Retail : 35.00%
Total HNI : 15.00%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 05-05-2026 , Tuesday |
| Close Date | 07-05-2026 , Thursday |
| Tentative Allotment | 08-05-2026 , Friday |
| Tentative Listing Date | 12-05-2026 , Tuesday |
| Retail Appl. Cut Off Time | 07-05-2026 , Thursday 05:00 PM |
| Non Retail Appl. Cut Off Time | 07-05-2026 , Thursday 04:00 PM |
| Anchor Allotment | 04-05-2026 , Monday |
| Initiation Of Refund | 11-05-2026 , Monday |
| Credit Of Share To Demat | 11-05-2026 , Monday |
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 13,36,800 | 21.12 Cr |
Retail | 35.00 % | 9,37,600 | 14.81 Cr |
Total HNI | 15.00 % | 4,03,200 | 6.37 Cr |
SHNI | 5.00 % | 1,34,400 | 2.12 Cr |
BHNI | 10.00 % | 2,68,800 | 4.25 Cr |
Market Maker | 0.00 % | 1,44,800 | 2.28 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 1600 (2) | ₹ 2,52,800 |
Retail MAX | - | 1600 (2) | ₹ 2,52,800 |
SHNI MIN | - | 2400 (3) | ₹ 3,79,200 |
SHNI MAX | - | 5600 (7) | ₹ 8,84,800 |
BHNI MIN | - | 6400 (8) | ₹ 10,11,200 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | 25,03,200 | 39.55 Cr |
Offer for Sale | 3,19,200 | 5.04 Cr |
Contact Details
IPO Contact Details
Registered Office
R-89, Phase V, Focal Point,
Ludhiana, Punjab, India - 141010
Corporate Office
R-89, Phase V, Focal Point,
Ludhiana, Punjab, India - 141010
Contact Person
Mukta Ahuja - Company Secretary and Compliance Officer
Telephone
Website
Registrar to Issue Details
Registrar Name
Mudra RTA Ventures Private Limited
Contact Person
Akshay Tanwar
Telephone
Email
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Seren Capital Private Limited | Akun Goyal / Akshita Agarwal | +91-22-46011058 | info@serencapital.in | www.serencapital.in |