✅ IPO Price Band: ₹760–₹800 per equity share (face value ₹2 each)
✅ Bid Dates:
Anchor Investor: July 29, 2025
Public Offer: July 30 – August 01, 2025
✅ Lot Size: Minimum bid for 18 equity shares and in multiples of 18 thereafter.
✅ Offer Details:
Entirely an Offer for Sale (OFS) of up to 50,145,001 equity shares by selling shareholders including IDBI Bank, NSE, SBI, Union Bank, HDFC Bank, and SUUTI.
Proposed listing on BSE.
✅ Allocation Breakdown:
Up to 50% to Qualified Institutional Buyers (QIBs), incl. Anchor Investors
Not less than 35% to Retail Investors
Not less than 15% to Non-Institutional Investors (NIIs) with sub-categories for applications ₹2–10 lakh and above ₹10 lakh
Up to 85,000 equity shares for eligible employees
✅ Application Method:
All investors (except Anchor Investors) must apply via ASBA, with UPI option for eligible bidders.
✅ Book Running Lead Managers (BRLMs):
ICICI Securities, Axis Capital, HSBC, IDBI Capital, Motilal Oswal, SBI Capital; HDFC Bank as marketing BRLM.
📄 Read full RHP: Download here
Disclaimer: Investment in equity shares involves risk. Please refer to the RHP and ‘Risk Factors’ section. Not an offer for sale in the United States.
