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IPO Synopsis

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  • IPO Synopsis

IPO

HRS Aluglaze Ltd
  • Registered Office: 601 W-1 6th Flr Ne.York Timber,Street Ambali Road Jodhpur, Ahmedabad - 380058, Gujarat, India. Phone : +91 79 2630 6595   Fax:
  • Email : info@hrsaluglaze.com
  • Website :www.hrsaluglaze.com
Initial public offer of up to 53,04,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of HRS Aluglaze Limited ("HRS" Of "The"Company") at an issue price of Rs. [*] per equity share (Including A Share Premium Of Rs. [*] Per Equity Share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 2,74,800 equity shares of face value of Rs. 10/- each,at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 50,29,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute 27.51 % and 26.08 % respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 94/- to Rs. 96/- for equity share of face value of Rs. 10 each. The floor price is 9.40 times times the face value and cap price is 9.60 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Issue
Opens On Closes On
11-Dec-25 15-Dec-25
Money Payable On
Application Allotment
94.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Cumulative Capital Private Limited
Project Financed through Current Offer (.Cr) 49.86  
Post Issue Equity Share Capital (.Cr) 19.28
Issue Price () 94.00
Projects
Funding capital expenditure to set up assembly & glass glazing line at Rajoda
Funding of working capital requirements of the Company
General corporate purposes
Promoted By
Rupesh Pravinbhai Shah
Pinky Rupesh Shah
Hrishikesh Rupesh Shah
Listing At
BSE - SME
Registrar to the Issue
No Data Available