📌 Parameter📊 Details
📅 Issue Period4 Sept 2025 – 9 Sept 2025
💰 Price Band₹192 – ₹196 per share
📦 Lot Size600 shares
💵 Issue Size₹58.80 crore (Fresh + OFS)
🆕 Fresh Issue₹49.00 crore
🔁 Offer for Sale (OFS)₹9.80 crore
📅 Allotment Date10 Sept 2025
💳 Share Credit / Refund11 Sept 2025
📈 Listing Date12 Sept 2025
💹 Grey Market Premium (GMP)~ ₹22 (≈11%)
📈 Subscription / DemandTotal ~4.8×
Retail ~6.3×
NIIs ~4.8×
QIB ~1.3×
🏢 Company / BusinessManufactures aluminum alloy products (ingots, billets, sheets, EV battery housings)
Facility in Ahmednagar, Maharashtra
💼 Use of Funds• Capital expenditure / plant & machinery
• Working capital
• General corporate purposes