Public issue of up to 10,32,000 equity shares of face value Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs.144 per equity share (Including a Securities Premium of Rs.134 per Equity Share) (The "Issue Price"), aggregating up to Rs.14.86 crores ("Issue") of the issue, 52,000 equity shares aggregating to Rs.0.75 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 9,80,000 equity shares of face value of Rs. 10 each at an issue price of Rs.144 per equity share aggregating to Rs.14.11 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.18%, respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 144 per equity share of face value Rs.10/- each.
The floor price is 14.4 times of the face value of the equity shares.
Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Jan-2026
27-Jan-2026
₹ 144.00
₹ 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 1000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
12.19
Horizon Management Pvt Ltd
Project Financed through Current Offer
14.86
Post Issue Equity Share Capital
3.89
Issue Price
₹144.00
Projects
Purchase of Plant and Machinery for the existing line of the business
Prepayment or repayment of secured loan availed by the Company from Financial Institution
Funding of working capital requirements of the Company