Total Issue Size
₹34 Cr
Fresh: ₹32 Cr•OFS: ₹2.00 Cr
Price Band
₹110 - ₹118
P/E Ratio: 17.51x
Lot Size & Min Investment
1,200 Shares
Min. Application: ₹1,41,600
Grey Market Premium (GMP)
₹103,60,60,70,70,85,90,45,45,45,45,0,0(87.3%)
Est. Listing Price: ₹221
IPO Timelines & Key Dates
Issue Open Date
29 Sept 2026
Phase 1
Issue Close Date
01 Oct 2026
Phase 2
Basis of Allotment
05 Oct 2026
Phase 3
Initiation of Refunds
06 Oct 2026
Phase 4
Proposed Listing Date
07 Oct 2026
Phase 5 (Final)
Detailed IPO Specifications
Issue Price Band₹110 - ₹118 per share
Total Issue Size₹34 Cr
Fresh Issue Size₹32 Cr
Offer for Sale (OFS)₹2.00 Cr
Minimum Retail Lot Size1,200 Shares
Min Retail Investment₹1,41,600
Stock Exchange(s)BSE SME
Issue Categorysme
Valuation P/E Ratio17.51x
Corporate HeadquartersSalem, Tamil Nadu, India
Lead Manager(s)Hem Securities Limited
Registrar
Bigshare Services IPO Registrar
Listing Performance
Listing Price₹224.20
Listing Gain90.00%
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.