- IPO Launch Date:
- Opens: Monday, Jan. 20
- Closes: Wednesday, Jan. 22
- Issue Size:
- Total: Rs 169.37 crore
- Comprises a mix of fresh issuance and offer for sale by existing shareholders.
- IPO Allotment and Listing Timeline:
- Share Allotment: Jan. 23
- Refunds and Demat Credit: Jan. 24
- Listing Date: Jan. 27 on BSE SME
- Lot Size and Investment:
- One lot = 400 shares.
- Minimum investment: Rs 1,05,200 for retail investors.
- Investor Allocation:
- 50% for Qualified Institutional Buyers (QIBs)
- 35% for Retail Investors
- 15% for Non-Institutional Investors (NIIs)
- Registrar:
- Link Intime India Pvt. Ltd.
- Grey Market Premium (GMP):
- GMP as of Jan. 20: Rs 136 per share.
- Indicates a potential listing price of Rs 399 per share (51.71% gain).
Note: GMP is speculative and not an official indicator of the stock’s future performance.
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