Overview
- The company has opened a book-built IPO that runs June 18 to June 22, 2026, offering 28,48,800 equity shares at a price band of Rs 102–108 per share to raise roughly Rs 30.77 crore.
- Retail applicants must apply in a market lot of 1,200 shares and the issue is being managed by Mark Corporate Advisors with listing planned on the BSE SME platform.
- Prospectus figures show steady revenue and profit growth from FY2023 through FY2025, with reported revenue rising from about Rs 20.9 crore in FY2023 to Rs 24.8 crore in FY2025 and PAT rising across the period.
- The company says net proceeds will fund capital expenditure to open four new showrooms in Mumbai, Surat, Hyderabad and Bengaluru and to meet working capital and general corporate needs.
- Coverage of the offer is drawn from the company’s prospectus and syndicated agency feeds and not from independent analysis, and the BSE SME route signals a public listing path for smaller companies with different trading dynamics than main exchanges.