Total Issue Size
₹54 Cr
Fresh: ₹51 Cr•OFS: ₹3.00 Cr
Price Band
₹95 - ₹101
P/E Ratio: 8.77x
Lot Size & Min Investment
1,200 Shares
Min. Application: ₹1,21,200
Grey Market Premium (GMP)
₹0
Subject to market updates
IPO Timelines & Key Dates
Issue Open Date
24 Sept 2026
Phase 1
Issue Close Date
28 Sept 2026
Phase 2
Basis of Allotment
29 Sept 2026
Phase 3
Initiation of Refunds
30 Sept 2026
Phase 4
Proposed Listing Date
01 Oct 2026
Phase 5 (Final)
Detailed IPO Specifications
Issue Price Band₹95 - ₹101 per share
Total Issue Size₹54 Cr
Fresh Issue Size₹51 Cr
Offer for Sale (OFS)₹3.00 Cr
Minimum Retail Lot Size1,200 Shares
Min Retail Investment₹1,21,200
Stock Exchange(s)BSE SME
Issue Categorysme
Valuation P/E Ratio8.77x
Corporate HeadquartersIndore, Madhya Pradesh, India
Lead Manager(s)Finaax Capital Advisors Private Limited
Registrar
Maashitla Securities IPO Registrar
Listing Performance
Listing Price₹100.05
Listing Gain-0.94%
Expert Review
Detailed Analysis & GMP Forecast
Check complete fundamental review, subscription tracking, GMP updates and allotment status guide.
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Information Disclaimer
Data is automatically synchronized with primary markets. Grey Market Premium (GMP) data is crowdsourced and provided strictly for educational purpose.
