Overview

• The IPO subscription window runs from July 3 to July 7 with anchor investors allotted shares on July 2
• The offer comprises 31.90 lakh fresh equity shares priced at ₹72–76 each with a minimum lot of 1,600 shares
• A grey market premium of around ₹5 on July 2 points to a potential listing price near ₹81 per share
• Net proceeds will support working capital needs and general corporate purposes to back the firm’s growth
• In FY25, the women-led Jabalpur firm delivered ₹97.41 crore in revenue and ₹5.90 crore in PAT powered by its White Force Plus and Payroll HRMS platforms