Total Issue Size
₹43 Cr
Fresh: ₹36 Cr•OFS: ₹7.00 Cr
Price Band
₹112 - ₹118
P/E Ratio: 10.31x
Lot Size & Min Investment
1,200 Shares
Min. Application: ₹1,41,600
Grey Market Premium (GMP)
₹77,67,45,45,45,50,50,50,44,27,27,0,0(65.3%)
Est. Listing Price: ₹195
IPO Timelines & Key Dates
Issue Open Date
17 Sept 2026
Phase 1
Issue Close Date
21 Sept 2026
Phase 2
Basis of Allotment
22 Sept 2026
Phase 3
Initiation of Refunds
23 Sept 2026
Phase 4
Proposed Listing Date
24 Sept 2026
Phase 5 (Final)
Detailed IPO Specifications
Issue Price Band₹112 - ₹118 per share
Total Issue Size₹43 Cr
Fresh Issue Size₹36 Cr
Offer for Sale (OFS)₹7.00 Cr
Minimum Retail Lot Size1,200 Shares
Min Retail Investment₹1,41,600
Stock Exchange(s)NSE SME
Issue Categorysme
Valuation P/E Ratio10.31x
Corporate HeadquartersBengaluru, Karnataka, India
Lead Manager(s)Indcap Advisors Private Limited
Registrar
Maashitla Securities IPO Registrar
Listing Performance
Listing Price₹224.20
Listing Gain90.00%
NSE Closing Price₹235.4
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.
