HRS ALUGAZE LIMITED SME
₹ 94 - ₹ 96
11-Dec-2025 - 15-Dec-2025
₹ 115200.00

/ 1200 Shares

HRS ALUGAZE LIMITED SME

11-Dec-2025 - 15-Dec-2025

₹ 94 - ₹ 96

Price Band

₹ 115200.00

Minimum Investment

1200

Bid Lot

5,304,000

Shares

IPO Details

IPO Timeline

  • Open Date

    11-Dec-2025

  • Close Date

    15-Dec-2025

  • Basis of Allotment Date

    16-Dec-2025

  • Initiation of Refunds

    17-Dec-2025

  • Credit Shares to Demat A/c

    17-Dec-2025

  • IPO Listing Date

    18-Dec-2025

About Company

Incorporated in 2012, HRS Aluglaze Ltd is engaged in the design, manufacturing, and installation of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems.

The Company provides standard and customized solutions to builders, contractors, architects, and institutions, along with material supply and procurement support.

The manufacturing facility is located at Village Rajoda, Taluka Bavla, Ahmedabad, Gujarat, with an area of 11,176 square meters, equipped with CNC precision machinery and powder coating facilities. An expansion of 13,714 square meters adjoining the current facility is proposed.

As on September 30, 2025, the Company has 28 active projects.

Offerings:

  • Doors and Windows
  • Curtain Walls and Structural Glazing
  • Glass Railings, Partitions, Louvers, and Screens
  • Cladding and Dynamic Façades
  • Material Supply and Procurement Support

As of September 30, 2025, the Company employed approximately Ninety (90) personnel, including skilled, semiskilled, and unskilled workers across various functions.

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Strengths

  • Experienced Leadership and Skilled Teams
  • Proven Track Record with Strong Client Relationships
  • Design, Execution, and Completions
  • Commitment to Quality, Innovation, and Sustainability
  • Vision to Shape the City Skyline

Company Promoters

Company Financials

HRS Aluglaze Ltd.'s revenue increased by 56% and profit after tax (PAT) rose by 188% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 91.16 80.60 42.43 34.10
Total Income 26.35 42.14 26.97 22.69
Profit After Tax 4.54 5.15 1.79 0.87
EBITDA 8.45 10.70 3.53 1.75
NET Worth 24.61 20.11 9.96 8.17
Reserves and Surplus 10.66 13.45 3.46 1.67
Total Borrowing 41.04 38.66 24.35 17.91
Amount in ? Crore

Objects of the Issue

The Company HRS Aluglaze IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for façade work. 18.30
2 Funding of working capital requirements of the Company 19.00
3 General corporate purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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