Objective of the Issue

IPO Details, Price, Market Lot

IPO Details
IPO Open Date 26 September 2022
IPO Close Date 29 September 2022
IPO Issue Size 5,832,000 Equity Shares of ₹10
(Aggregating up to ₹22.16 Cr)
Fresh Issue
Offer for Sale
Retail Portion 50%
NII Portion 50%
QIB Portion
Listing At BSE SME
IPO Price
Face Value ₹10 Per Equity Share
IPO Price Band ₹36 – ₹38 Per Equity Share
Employee Discount
IPO Issue Type Book Built Issue



IPO Market Lot (For Retail Investors)
No. of Shares Per Lot 3000 Equity Shares
Minimum Lot Size 1 Lot of  3000 Equity Shares
Maximum Lot Size 1 Lot of  3000 Equity Shares
Minimum Amount (Cut-off price) ₹114,000
Maximum Amount (Cut-off price) ₹114,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 26 September 2022
IPO Close Date 29 September 2022
Basis of Allotment Date 4 October 2022
Initiation of Refunds 6 October 2022
Credit of Share to Demat Account 7 October 2022
IPO Listing Date 10 October 2022



Financial Report




Year Total Assets
(₹ in Million)
Total Revenue
(₹ in Million)
Profit After Tax
(₹ in Million)

Company Promotor and Promotor’s Holding

Pre Issue Promotor Holding 97%
Post Issue Promotor Holding

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
IPO Lead Manager



IPO Review (Apply or Avoid)

Brokerage Firms Review
Personal Opinion



FAQ