IPO Schedule
- Anchor Investor Bidding: 2 September 2025
- Issue Opens for Public: 3 September 2025
- Issue Closes: 8 September 2025
- Allotment Date: 9 September 2025
- Refunds & Demat Credits: 9 September 2025
- Listing Date (BSE SME): 11 September 2025
Issue Information
- Type: Fresh Issue (Book Built)
- Total Size: Around ₹15.56 crore
- Shares Offered: 28.3 lakh equity shares
- Price Band: ₹52 – ₹55 per share
- Face Value: ₹10 each
Lot Size & Investment
- Retail Minimum: 2 lots = 4,000 shares = approx. ₹2.2 lakh
- Small HNI: 3 lots = 6,000 shares ≈ ₹3.3 lakh
- Big HNI: 10 lots = 20,000 shares ≈ ₹11 lakh
Share Allocation
- Anchor Investors: ~28%
- QIB (Institutions): ~19%
- Non-Institutional (HNIs): ~14%
- Retail Investors: ~33%
- Market Maker: ~5%
Use of Proceeds
- Working Capital: ₹11.6 crore
- General Corporate Purposes: ~₹4 crore
Company Profile
- Incorporated: 2015, based in Pune
- Business: End-to-end IT solutions — custom software, SaaS platforms, mobile apps, ERP systems, AI tools, data analytics, process automation, and e-commerce platforms
- Clients: More than 100 worldwide, including government projects and rural digital solutions
- Partnerships: Works with AWS (Public Partner) and local institutions
- Strengths: Focus on digital transformation, automation, and certified in quality standards
Financial Highlights (FY25)
- Revenue: ₹18.9 crore (up from ₹15.4 crore in FY23)
- Profit After Tax: ₹4.0 crore (up from ₹1.8 crore in FY23)
- Net Worth: ₹8.6 crore
- Return on Equity (RoE): ~31.8%
- Return on Capital Employed (RoCE): ~33.1%
Grey Market Premium (GMP)
- The IPO is seeing a GMP of about 28%, hinting at a possible listing price above the ₹55 upper band.
Quick Snapshot
| Feature | Details |
|---|---|
| Issue Size | ₹15.56 crore |
| Price Band | ₹52 – ₹55 |
| Shares Offered | 28.3 lakh |
| Minimum Investment | ~₹2.2 lakh (Retail) |
| Allotment Date | 9 Sept 2025 |
| Listing Date | 11 Sept 2025 (BSE SME) |
| FY25 Revenue | ₹18.9 crore |
| FY25 Profit | ₹4 crore |
| GMP | ~28% |
