| Purpose | Amount (₹ Cr) |
|---|---|
| Funding for Capital Expenditure | ₹22 |
| Metric | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Total Assets | 8,011 | 6,103 | 3,867 |
| Revenue | 5,001 | 13,399 | 10,297 |
| PAT | 676 | 1,533 | 151 |
| Net Worth | 3,091 | 2,415 | 882 |
| Reserves | 1,409 | 1,668 | 135 |
| Total Borrowing | 2,839 | 2,258 | 1,795 |
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | — | 2,627,200 (40%) | — |
| NII / HNI | — | 896,000 (14%) | — |
| Retail (RII) | — | 2,193,600 (33%) | — |
| Market Maker | — | 848,000 (13%) | — |
| Total | — | 6,564,800 (100%) | — |
* Amount calculated at upper price band (₹83) · ** Total includes all investor categories
- 1 Initiation of Refund 16 Nov 2023
- 2 Credit of Shares to Demat 16 Nov 2023
- Retail allocation is good at 33% of the total offering.
- HNI/NII demand is good at 14%.
- Institutional (QIB) interest is strong at 40%.
- The IPO P/E of 9x reflects a strong valuation relative to typical market ranges.
- Pre-issue EPS of ₹9.
This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.
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