Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
+36.1%
predicted listing gain
🟢Action Signal: Apply for Listing Gain
The baseline GMP of 48.17% is significantly adjusted upward due to extraordinary institutional demand (QIB 206x) and a pure fresh issue structure. High financial quality (ROE 28%, low Debt/Equity) and a medium float size further support a premium listing pop.
💪 Strengths
Strong financial growth with PAT nearly doubling from FY24 to FY26
100% fresh issue indicating growth capital infusion
Low debt-to-equity ratio of 0.31
⚠️ Weaknesses
SME listing may result in lower liquidity compared to mainboard
🚀 Opportunities
Expansion into EV Powertrains and aerospace sectors
Scaling manufacturing capacity with IPO proceeds
🛡️ Threats
Cyclical nature of the automotive and engineering industries
Dependence on major OEMs for revenue
🎯 Objectives of the IPO
Requirement / Purpose
Amount (₹ Cr)
Funding capital expenditure towards setting up of manufacturing facility
₹106.34
To meet working capital requirements
₹30.00
General Corporate Purpose
₹23.49
📊 Key Financials
Metric
2024
2025
2026
Revenue (₹ Cr)
174.59
222.80
295.20
PAT (₹ Cr)
16.10
23.93
30.90
Debt/Equity
0.31
📋 Live Subscription Status
QIB
206.46x
NII
463.08x
Retail
247.58x
Total
278.83x
🎯 Retail Allotment Probability0.4% Odds
1 in 247.6 chance (~0.4% 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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