HRS Aluglaze
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 18 Dec 2025 | ₹22 | +22.92% | ₹20,100 | ₹118 | ₹26,400 |
| 17 Dec 2025 | ₹22 | +22.92% | ₹20,100 | ₹118 | ₹26,400 |
| 16 Dec 2025 | ₹24 | +25.00% | ₹21,900 | ₹120 | ₹28,800 |
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
- 11 Dec 2025 – 15 Dec 2025
- Listing date
- 18 Dec 2025
- Face value
- ₹1 per share
- Issue price
- ₹96 per share
- Lot size
- 1,200 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹50.92 Cr
- Market cap at offer price
- ₹185 Cr
- Promoter holding
- 100.00% → 72.49% pre-issue → post-issue
- ISIN
- INE1E1V01017
- Registrar
- Purva Sharegistry (India) Pvt.Ltd.
- Lead managers
- Cumulative Capital Pvt.Ltd.
- Registered office
- 601 W-1, 6th Floor, New York Timber Street, Opp.PSP House, B/H.S.G.Highway, Ambali Road, Jodhpur, Gujarat
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 10,44,000 | — | — |
| Market maker | 2,74,800 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹96
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,15,200 |
| S-HNI (min) | 2 | 2,400 | ₹2,30,400 |
| S-HNI (max) | 8 | 9,600 | ₹9,21,600 |
| B-HNI (min) | 9 | 10,800 | ₹10,36,800 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
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.
Valuation and performance
Valuation at offer price
₹96 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 3.68 | 4.71 |
| P/E (×) | 26.09 | 20.38 |
| Price to book (×) | 6.53 | — |
| Market cap | — | ₹185 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 34.24%
- ROCE
- 15.97%
- Debt / equity
- 1.92
- PAT margin
- 12.22%
- EBITDA margin
- 25.42%
- NAV per share
- ₹14.7
- Price to book
- 6.53
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.