NSE
Mainboard · book built · NSE · INE721I01024
bids 41 min ago · market shut
- Minimum
- ₹14,280
- Band
- ₹1,700–₹1,785
- Issue size
- ₹22,561.57 Cr
- GMP
- ₹148 (+8.29%)
- Subscribed
- 0.44×
GMP rumours
₹148(+8.29%)
Ranged ₹125–₹157 since 16 Sept
Implied ₹1,184 per lot, if the rumour holds — 8 shares × ₹148.
16 Sept · ₹15717 Sept · ₹148
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid | Subscribed | Chance |
|---|---|---|---|
| Retail (up to ₹2 lakh) | 1.96 Cr | 0.44× | Not covered |
| sHNI (₹2–10 lakh) | 59.34 L | 0.94× | Not covered |
| bHNI (₹10 lakh +) | 77.53 L | 0.61× | Not covered |
| Institutional (QIB) | 47.31 L | 0.19× | Not covered |
| Employees | 4.23 L | 0.98× | Not covered |
| All categories | 3.84 Cr | 0.43× | — |
Employee and shareholder lines are portions set aside before the rest of the offer is split — for the company’s own staff, and for people already holding shares in its listed parent. You can apply in them only if you qualify, and the employee portion is often offered at a small discount.
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount | Share of book | Can be allotted |
|---|---|---|---|
| Retail (up to ₹2 lakh) | ₹3,489.73 Cr | 50.9% | 55,12,640 |
| sHNI (₹2–10 lakh) | ₹1,059.17 Cr | 15.4% | 52,501 |
| bHNI (₹10 lakh +) | ₹1,383.95 Cr | 20.2% | 22,183 |
| Institutional (QIB) | ₹844.45 Cr | 12.3% | — |
| Employees | ₹75.46 Cr | 1.1% | 54,179 |
| All categories | ₹6,852.76 Cr | — | — |
Captured — refreshing
Reported figures
| ₹ crore | FY 25 | FY 26 | Q1 FY 27 |
|---|---|---|---|
| Revenue | 17140.00 | 16601.00 | 4560.40 |
| EBITDA | 12646.80 | 11097.90 | 3594.20 |
| Profit after tax | 12187.60 | 10302.10 | 3120.10 |
| Total assets | 69466.00 | 87937.00 | 91334.00 |
Live, as of
Priced against its peers
- This issue, P/E
- 42.89
- Sector P/E
- 69.38
- 360 One Wam Ltd
- 39.80
- BSE Ltd
- 64.62
- Max Financial Services Ltd
- 335.57
A lower P/E than the sector is not a recommendation — it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures as reported by the company. Check them against the prospectus in Documents — that filing is the authority, and this panel is a convenience until we read it directly.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum | Ceiling |
|---|---|---|---|
| Retail | 1 lot · ₹14,280 | 14 lots · ₹1,99,920 | ₹2,00,000 |
| sHNI | 15 lots · ₹2,14,200 | 70 lots · ₹9,99,600 | ₹10,00,000 |
| bHNI | 71 lots · ₹10,13,880 | — | no upper limit |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue size
- ₹22,561.57 Cr
- Face value
- ₹1
- Lot size
- 8 shares
- Listing on
- NSE
- Daily window
- 09:00 – 19:00 IST
Timeline
- Opens
- 17 Sept
- Closes
- 21 Sept
- Basis of allotment
- 22 Sept
- Refunds
- 23 Sept
- Listing
- 24 Sept
Documents