Total Issue Size
₹414 Cr
Fresh: ₹353 Cr•OFS: ₹61.00 Cr
Price Band
₹77 - ₹81
P/E Ratio: 48.8x
Lot Size & Min Investment
185 Shares
Min. Application: ₹14,985
Grey Market Premium (GMP)
₹13.5,19.5,24,21,21,21,23,18,18,18,0,0,0(16.7%)
Est. Listing Price: ₹94.5
IPO Timelines & Key Dates
Issue Open Date
09 Sept 2026
Phase 1
Issue Close Date
11 Sept 2026
Phase 2
Basis of Allotment
15 Sept 2026
Phase 3
Initiation of Refunds
16 Sept 2026
Phase 4
Proposed Listing Date
17 Sept 2026
Phase 5 (Final)
Detailed IPO Specifications
Issue Price Band₹77 - ₹81 per share
Total Issue Size₹414 Cr
Fresh Issue Size₹353 Cr
Offer for Sale (OFS)₹61.00 Cr
Minimum Retail Lot Size185 Shares
Min Retail Investment₹14,985
Stock Exchange(s)BSE, NSE
Issue Categorymainboard
Valuation P/E Ratio48.8x
Corporate HeadquartersSurat, Gujarat, India
Lead Manager(s)Equirus Capital Private Limited
Registrar
Kfin Technologies IPO Registrar
Listing Performance
Listing Price₹94.50
Listing Gain16.67%
NSE Closing Price₹102.55
Expert Review
Detailed Analysis & GMP Forecast
Check complete fundamental review, subscription tracking, GMP updates and allotment status guide.
Read Full Blog ReviewIPO Tools & Resources
Information Disclaimer
Data is automatically synchronized with primary markets. Grey Market Premium (GMP) data is crowdsourced and provided strictly for educational purpose.
