/ 88 Shares
01-Jul-2026 - 03-Jul-2026
₹ 161 - ₹ 170
₹ 14960.00
88
25,735,294
Face Value - ₹ 10/- Per Share
Listing at NSE BSE
102,356 Application Required in Retail for 1 Time.
Registrar : Link Intime India Private Ltd
Fresh Issue of Equity Shares aggregating upto Rs.380 Cr and Offer for Sale of up to 35,00,000 Equity Shares
| Category | % | Shares/Amount |
|---|---|---|
| QIB | 50% | 12,867,646 Shares RS.218.75 CR |
| HNI 1 | 5% | 1,286,765 Shares RS.21.88 CR @ 1044 FORM 1X |
| HNI 2 | 10% | 2,573,530 Shares RS.43.75 CR @ 2089 FORM 1X |
| Retail | 35% | 9,007,353 Shares RS.153.13 CR @ 102356 FORM 1X |
| Employee | 0% | 129,870 Shares RS.2.00 CR |
BRLM: Systematix Corporate, IDBI Capital, Pantomath Capital
| Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
|---|---|---|
| 102356 FORM 1X | 1044 FORM 1X | 2089 FORM 1X |
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Upto 2 Lakh) | 1 | 88 | ₹ 14,960 |
| Retail (Upto 2 Lakh) | 13 | 1144 | ₹ 194,480 |
| S-HNI (2 Lakh to 10 Lakh) | 14 | 1232 | ₹ 209,440 |
| S-HNI (2 Lakh to 10 Lakh) | 66 | 5808 | ₹ 987,360 |
| B-HNI (Above 10 Lakh) | 67 | 5896 | ₹ 1,002,320 |
Competitive Strength
Business Strategies
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 595.25 | 449.36 | 379.38 | 269.33 |
| Total Income | 843.77 | 747.38 | 659.01 | 518.47 |
| Profit After Tax | 92.72 | 73.81 | 45.98 | 19.87 |
| EBITDA | 172.29 | 144.34 | 101.37 | 54.84 |
| NET Worth | 308.19 | 214.71 | 140.62 | 95.34 |
| Reserves and Surplus | 208.19 | 209.71 | 135.62 | 90.34 |
| Total Borrowing | 192.47 | 172.06 | 173.09 | 122.66 |
| Amount in ? Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (? Cr.) |
|---|---|---|
| 1 | Partial funding of capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. | 320.00 |
| 2 | General Corporate Purposes | |
| Total | 320.00 |
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