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Book Building issueSMENSE₹48.95 Cr issue
0.00%
Listing gain over issue price
Issue size
₹48.95 Cr
1 lot at cut-off
₹1,34,400
Lot size
1,200shares
Open
27 Feb 2026
Close
04 Mar 2026
Allotment
05 Mar 2026
Listing
09 Mar 2026

Listing performance

Issue price
₹112
Listed at
₹112
Listing-day close
₹117.6
Latest price
₹126
Listing gain
0.00%
Return since listing
+12.50%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    27 Feb 2026
  2. Close
    04 Mar 2026
  3. Allotment
    05 Mar 2026
  4. Refund
    06 Mar 2026
  5. Demat credit
    06 Mar 2026
  6. Listing
    09 Mar 2026

Grey market premium

Unofficial and indicative — not a forecast

₹0

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
09 Mar 2026₹00.00%₹0₹112₹0
08 Mar 2026₹00.00%₹0₹112₹0
07 Mar 2026₹00.00%₹0₹112₹0

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
27 Feb 2026 – 04 Mar 2026
Listing date
09 Mar 2026
Face value
₹10 per share
Issue price
₹112 per share
Lot size
1,200 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹48.95 Cr
Market cap at offer price
₹184 Cr
Promoter holding
87.81% → 64.37% pre-issue → post-issue
ISIN
INE1J6M01010
Registrar
Skyline Financial Services Pvt.Ltd.
Lead managers
Gretex Corporate Services Ltd.
Registered office
1234/C/1 to 1234/C/6 Gala, Bldg B-5 Prithvi complex, Anjur, Thane, Bhiwandi, Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB0
Market maker 2,19,600

Application size

Minimum 1,200 shares per lot, in multiples, at ₹112

ApplicationLotsSharesAmount
Retail (min)11,200₹1,34,400
S-HNI (min)22,400₹2,68,800
S-HNI (max)78,400₹9,40,800
B-HNI (min)89,600₹10,75,200

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
0
Anchor portion
₹0 Cr
at ₹112 per share

Valuation and performance

Valuation at offer price

₹112 per share

MetricPre-issuePost-issue
EPS (₹)5.737.00
P/E (×)19.5516.00
Price to book (×)7.90
Market cap₹184 Cr

Key performance indicators

Latest reported period

Return on net worth
73.75%
ROCE
71.12%
Debt / equity
0.04
PAT margin
9.79%
EBITDA margin
13.29%
NAV per share
₹14.17
Price to book
7.90

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.