The listing gain is adjusted downward due to very low QIB subscription (1.05x), which indicates a lack of institutional confidence. However, this is partially offset by a very small float size (₹27.65 Cr) and strong financial ratios (ROE 37.58%), preventing a negative listing prediction.
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.