Overview

• Shares settled at Rs 265.2 on the BSE and Rs 265 on the NSE, roughly 14% above the Rs 232 issue price.
• The IPO drew overall bids of 15.90 times, including 25.29 times from QIBs, 5.30 times from NIIs, and 3.62 times from retail investors.
• The offering comprised a Rs 500 crore fresh issue and a Rs 750 crore offer for sale within a Rs 220–232 price band and a lot size of 64 shares.
• Allotments were finalised on Sept. 29, with refunds and Demat credits completed on Sept. 30 ahead of the Oct. 1 listing.
• The debut topped modest grey-market indications and was the only gainer among three listings, as Epack Fab and BMW Ventures opened at discounts.