Objective of the Issue

IPO Details, Price, Market Lot

IPO Details
IPO Open Date26 September 2022
IPO Close Date29 September 2022
IPO Issue Size5,832,000 Equity Shares of ₹10
(Aggregating up to ₹22.16 Cr)
Fresh Issue
Offer for Sale
Retail Portion50%
NII Portion50%
QIB Portion
Listing AtBSE SME
IPO Price
Face Value₹10 Per Equity Share
IPO Price Band₹36 – ₹38 Per Equity Share
Employee Discount
IPO Issue TypeBook Built Issue



IPO Market Lot (For Retail Investors)
No. of Shares Per Lot3000 Equity Shares
Minimum Lot Size1 Lot of  3000 Equity Shares
Maximum Lot Size1 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 Date26 September 2022
IPO Close Date29 September 2022
Basis of Allotment Date4 October 2022
Initiation of Refunds6 October 2022
Credit of Share to Demat Account7 October 2022
IPO Listing Date10 October 2022



Financial Report




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

Company Promotor and Promotor’s Holding

Pre Issue Promotor Holding97%
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