PS

Prodocs Solutions

Book Building issueSMEBSE₹27.6 Cr issue
+4.35%
Listing gain over issue price
Issue size
₹27.6 Cr
1 lot at cut-off
₹1,38,000
Lot size
1,000shares
Open
08 Dec 2025
Close
10 Dec 2025
Allotment
11 Dec 2025
Listing
15 Dec 2025

Listing performance

Issue price
₹138
Listed at
₹144
Listing-day close
₹151.2
Latest price
₹167.25
Listing gain
+4.35%
Return since listing
+21.20%

Scheduled dates

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

  1. Open
    08 Dec 2025
  2. Close
    10 Dec 2025
  3. Allotment
    11 Dec 2025
  4. Refund
    12 Dec 2025
  5. Demat credit
    12 Dec 2025
  6. Listing
    15 Dec 2025

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
15 Dec 2025₹00.00%₹0₹138₹0
14 Dec 2025₹00.00%₹0₹138₹0
13 Dec 2025₹00.00%₹0₹138₹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
08 Dec 2025 – 10 Dec 2025
Listing date
15 Dec 2025
Face value
₹1 per share
Issue price
₹138 per share
Lot size
1,000 shares
Issue type
Book Building issue
Listing at
BSE
Total issue size
₹27.6 Cr
Market cap at offer price
₹97.29 Cr
Promoter holding
74.31% → 51.77% pre-issue → post-issue
ISIN
INE10XK01019
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
Cumulative Capital Pvt.Ltd.
Registered office
6/19, 1st Floor, Transmission House, Compound No.82, MIDC, Near M.V.Road, Andheri East, 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 QIB5,58,000
Market maker 1,00,000

Application size

Minimum 1,000 shares per lot, in multiples, at ₹138

ApplicationLotsSharesAmount
Retail (min)11,000₹1,38,000
S-HNI (min)22,000₹2,76,000
S-HNI (max)77,000₹9,66,000
B-HNI (min)88,000₹11,04,000

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
5,58,000
Anchor portion
₹7.7 Cr
at ₹138 per share

Valuation and performance

Valuation at offer price

₹138 per share

MetricPre-issuePost-issue
EPS (₹)9.379.72
P/E (×)14.7314.20
Price to book (×)3.83
Market cap₹97.29 Cr

Key performance indicators

Latest reported period

Return on net worth
26.62%
ROCE
27.12%
Debt / equity
0.42
PAT margin
11.94%
EBITDA margin
19.57%
NAV per share
₹36.05
Price to book
3.83

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.