IPO Details


MainboardListed
Open:Wed, 28 May 2025
Close:Fri, 30 May 2025
Lot Size:100 Shares
Price Band:₹ 130 - ₹ 140
Listing:NSE, BSE
Fresh Issue:220.00 Cr
OFS:-
Total IPO Size:220.00 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 28-05-2025 , Wednesday |
| Close Date | 30-05-2025 , Friday |
| Tentative Allotment | 02-06-2025 , Monday |
| Tentative Listing Date | 04-06-2025 , Wednesday |
| Retail Appl. Cut Off Time | 30-05-2025 , Friday 05:00 PM |
| Non Retail Appl. Cut Off Time | 30-05-2025 , Friday 04:00 PM |
| Anchor Allotment | 27-05-2025 , Tuesday |
| Initiation Of Refund | 03-06-2025 , Tuesday |
| Credit Of Share To Demat | 03-06-2025 , Tuesday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 78,57,142 | 110.00 Cr |
Retail | 35.00 % | 55,00,000 | 77.00 Cr |
Total HNI | 15.00 % | 23,57,143 | 33.00 Cr |
SHNI | 5.00 % | 7,85,715 | 11.00 Cr |
BHNI | 10.00 % | 15,71,428 | 22.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 100 (1) | ₹ 14,000 |
Retail MAX | - | 1400 (14) | ₹ 1,96,000 |
SHNI MIN | - | 1500 (15) | ₹ 2,10,000 |
SHNI MAX | - | 7100 (71) | ₹ 9,94,000 |
BHNI MIN | - | 7200 (72) | ₹ 10,08,000 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 220.00 Cr |
Contact Details
IPO Contact Details
Registered Office
Survey No. 1566/1, Village Rajpur, Kadi,
Mehsana, Ahmedabad –382740, Gujarat
Corporate Office
Survey No. 1566/1, Village Rajpur, Kadi,
Mehsana, Ahmedabad –382740, Gujarat
Contact Person
Nishita Sanghvi - Company Secretary and Compliance Officer
Telephone
Email
Website
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan
Telephone
Website
Lead Managers
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Monarch Networth Capital Limited | Saahil Kinkhabwala / Aayushi Poddar | +91 22 66476400 | ecm@mnclgroup.com | www.mnclgroup.com |