IPO Details


MainboardListed
Open:Wed, 03 Dec 2025
Close:Fri, 05 Dec 2025
Lot Size:288 Shares
Price Band:₹ 48 - ₹ 52
Listing:NSE, BSE
Fresh Issue:274.00 Cr
OFS:26.01 Cr
Total IPO Size:300.01 Cr
QIB : 50%
Retail : 35%
Total HNI : 15%
IPO Timeline
| Event | Date |
|---|---|
| Open Date | 03-12-2025 , Wednesday |
| Close Date | 05-12-2025 , Friday |
| Tentative Allotment | 08-12-2025 , Monday |
| Tentative Listing Date | 10-12-2025 , Wednesday |
| Retail Appl. Cut Off Time | 05-12-2025 , Friday 05:00 PM |
| Non Retail Appl. Cut Off Time | 05-12-2025 , Friday 04:00 PM |
| Anchor Allotment | 02-12-2025 , Tuesday |
| Initiation Of Refund | 09-12-2025 , Tuesday |
| Credit Of Share To Demat | 09-12-2025 , Tuesday |
Subscription Data
IPO Structure
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 2,88,46,652 | 150.00 Cr |
Retail | 35.00 % | 2,01,92,658 | 105.00 Cr |
Total HNI | 15.00 % | 86,53,997 | 45.00 Cr |
SHNI | 5.00 % | 28,84,666 | 15.00 Cr |
BHNI | 10.00 % | 57,69,331 | 30.00 Cr |
Lot Size Details
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 288 (1) | ₹ 14,976 |
Retail MAX | - | 3744 (13) | ₹ 1,94,688 |
SHNI MIN | - | 4032 (14) | ₹ 2,09,664 |
SHNI MAX | - | 19008 (66) | ₹ 9,88,416 |
BHNI MIN | - | 19296 (67) | ₹ 10,03,392 |
Objectives
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 274.00 Cr |
Offer for Sale | 50,01,000 | 26.01 Cr |
Contact Details
IPO Contact Details
Registered Office
Plot No. 8/1-2, GIDC, Opposite SLS Industries,
Vithal Udyognagar, Anand - 388121, Gujarat, India
Corporate Office
Plot No. 8/1-2, GIDC, Opposite SLS Industries,
Vithal Udyognagar, Anand - 388121, Gujarat, India
Contact Person
Alpesh Makwana - 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 | |
|---|---|---|---|---|
Pantomath Capital Advisors Private Limited | Amit Maheshwari | +91 1800 889 8711 | vidyawires.ipo@pantomathgroup.com | www.pantomathgroup.com |
IDBI Capital Markets & Securities Limited | Lokendra Parihar | +91 22 4069 1953 | vidyawires.ipo@idbicapital.com | www.idbicapital.com |