IPO Details
| IPO Date | 19 to 23 Jun, 2026 |
| Listing Date | Mon, Jun 29, 2026 |
| Face Value | ₹ 1 per share |
| Price Band | ₹144 to ₹152 |
| Lot Size | 98 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 5,80,70,398 shares (agg. up to ₹ 883 Cr) |
| Fresh Issue | 4,34,68,552 shares (agg. up to ₹ 661 Cr) |
| Offer for Sale | 1,46,01,846 shares of ₹ 1 (agg. up to ₹ 222 Cr) |
| Share Holding Pre Issue | 25,10,10,354 shares |
IPO Important Dates
| IPO Open | Fri, Jun 19, 2026 |
| IPO Close | Tue, Jun 23, 2026 |
| Allotment | Wed, Jun 24, 2026 |
| Refund | Thu, Jun 25, 2026 |
| Credit of Shares | Thu, Jun 25, 2026 |
| Listing | Mon, Jun 29, 2026 |
IPO Lot Size
| Retail (Min) | 1 | 98 | ₹14,896 |
| Retail (Max) | 13 | 1,274 | ₹1,93,648 |
| S-HNI (Min) | 14 | 1,372 | ₹2,08,544 |
| S-HNI (Max) | 67 | 6,566 | ₹9,98,032 |
| B-HNI (Min) | 68 | 6,664 | ₹10,12,928 |
Financial Information
| Assets | 467.14 | 578.69 | 612.55 | 900.37 |
| Total Income | 748.91 | 693.21 | 119.12 | 460.11 |
| Profit After Tax | -187.39 | -194.11 | -193.35 | -288.18 |
| EBITDA | 81.58 | 82.43 | | |
| NET Worth | 295.68 | 410.46 | 563.80 | 743.45 |
| Reserves and Surplus | 288.77 | 408.88 | 562.22 | 741.87 |
| Total Borrowing | | 0.00 | 0.00 | 0.00 |
Key Performance Indicator
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | -63.38% |
| EBITDA Margin | 11.01% |
| Price to Book Value | 2.77 |
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Expenditure towards cloud and server related infrastructure of the Company
2: Salary expenditure towards the technology and product development teams of the Company
3: Expenditure towards marketing initiatives by the Company
4: Expenditure towards lease payments for existing properties of the Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by the Company
5: Expenditure towards lease payments for existing properties of thr Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by wholly owned Subsidiary, TIB
6: Investment in wholly owned Subsidiary, TIB, for funding its working capital requirements
7: Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes
: Total
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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Day Wise GMP
| 17-06-2026 | 152.00 | 2(1.32%) | 154 |
| 16-06-2026 | 152.00 | 6(3.95%) | 158 |
| 15-06-2026 | | 0(%) | (%) |
IPO Reservation
| QIB Shares Offered | Not less than 75% of the Offer size |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
