📅 IPO Timeline
- IPO Open Date: 25 March 2026
- IPO Close Date: 30 March 2026
- Allotment Date: 1 April 2026 (approx.)
- Listing Date: 5–6 April 2026 (expected)
💰 Price & Investment Details
- Price Band: ₹528 – ₹555 per share
- Lot Size: ~240 shares (approx.)
- Minimum Investment: ~₹2.6 lakh
- Face Value: ₹10 per share
📊 Issue Size & Structure
- Total Issue Size: ₹130.54 crore
- Fresh Issue: ₹104.56 crore
- Offer for Sale (OFS): Remaining portion by promoters
- Exchange: NSE SME (Emerge Platform)
🏭 About the Company
- Sector: Electrical Equipment & Automation
- Manufactures:
- Low & medium voltage electrical panels
- Industrial automation systems
- Serves industries like:
- Data centers
- Infrastructure & metro projects
- Solar & manufacturing sectors
🎯 Use of IPO Funds
- Debt repayment
- Working capital requirements
- General corporate purposes
📈 Financial Highlights
- Revenue: ₹155+ crore (strong growth)
- Profit (PAT): ₹20+ crore
- High improvement in margins & profitability
✅ Strengths
- Strong financial growth (revenue & profit surge)
- Experienced player (30+ years)
- Exposure to infrastructure & power sector growth
⚠️ Risks
- SME IPO → High risk & low liquidity
- Capital-intensive business
- Dependent on industrial demand cycles
📊 IPO Review (Market View)
- 👍 Positive: Strong financials + sector demand
- ⚠️ Negative: High ticket size + SME risk
- 📌 Overall View: Moderate to Positive (for high-risk investors)
🧠 Quick Summary
👉 IPO size ₹130 Cr
👉 Price band ₹528–555
👉 Opens 25 Mar | Closes 30 Mar
👉 SME IPO (high risk, high return potential)
👉 Suitable for aggressive investors
