Overview

• The Rs 839.28 crore public offer opened on September 25 and will accept bids through September 29.
• The issue consists of a Rs 750 crore fresh share sale and an Rs 89.28 crore offer for sale, with proceeds largely directed to working capital and capital expenditure.
• The price band is set at Rs 472–496 per share with lots of 30 shares, putting the minimum retail application at Rs 14,880 at the upper band.
• The basis of allotment is expected on September 30, refunds on October 1, and a tentative listing on BSE and NSE on October 3.
• Unofficial grey‑market indications show a premium, with InvestorGain citing a latest GMP near Rs 80 (roughly 16% over the top band), which remains an informal signal rather than an exchange price.