Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
+16.9%
predicted listing gain
🟢Action Signal: Apply for Listing Gain
The predicted gain is adjusted upward from the 19.23% GMP due to massive institutional demand (QIB 91.55x) and an extreme retail/HNI squeeze. High financial quality (ROE 36.81%) and a strong fresh-issue structure further justify a premium over the current grey market baseline.
💪 Strengths
Impressive ROE of 36.81% and ROCE of 31.13%
40 years of domain experience in electrical contracting
Strong revenue and PAT growth trend over 3 years
⚠️ Weaknesses
Small issue size may lead to high volatility post-listing
Concentration in the electrical contracting sector
🚀 Opportunities
Expansion into international markets
Increasing demand for data center and power utility infrastructure
🛡️ Threats
Dependency on government and industrial infrastructure spending
Competitive bidding environment in turnkey electrical projects
🎯 Objectives of the IPO
Requirement / Purpose
Amount (₹ Cr)
Repayment of a portion of certain borrowings availed by the Company;
₹6.00
Funding of Working Capital Requirements
₹22.00
General Corporate Purpose
₹14.25
📊 Key Financials
Metric
2024
2025
2026
Revenue (₹ Cr)
112.03
131.36
156.66
PAT (₹ Cr)
2.80
4.66
10.47
Debt/Equity
0.49
📋 Live Subscription Status
QIB
91.55x
NII
272.79x
Retail
168.69x
Total
169.26x
🎯 Retail Allotment Probability0.6% Odds
1 in 168.7 chance (~0.6% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
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