Company Overview

Offer Details

Offer Type: Initial Public Offering (IPO) of equity shares

Face Value: ₹2 per equity share

Filing Date: Prospectus dated August 12, 2026

Regulatory Filing: Filed with Registrar of Companies, Maharashtra at Pune

SEBI Reference Number: ACL-CF-Dhoot-2026-74

Book Running Lead Managers:

  • Axis Capital Limited (SEBI Registration Number: INM000012029)
  • Jefferies India Private Limited (SEBI Registration Number: INM000011443)
  • Kotak Mahindra Capital Company Limited (SEBI Registration Number: INM000008704)
  • Nomura Financial Advisory and Securities (India) Private Limited (SEBI Registration Number: INM000011419)
  • SBI Capital Markets Limited (SEBI Registration Number: INM000003531)
  • 360 ONE WAM Limited (SEBI Registration Number: INM000012801)

Legal & Compliance

Regulatory Framework: The offering complies with Regulations 25(7), 25(8), 59C(14) and 59C(15) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations)

Due Diligence Certification: The BRLMs provided a due diligence certificate dated August 12, 2026 confirming:

  • The prospectus contains all material disclosures about the Company as of the date of the Prospectus
  • Registrations of all intermediaries named in the Prospectus are valid as on date
  • None of the intermediaries have been debarred from functioning by any regulatory authority
  • Written consent obtained from Individual Promoter for inclusion of Equity Shares as part of promoters' contribution subject to lock-in
  • Promoter shares have not been disposed, sold or transferred since filing Pre-filed Draft Red Herring Prospectus with SEBI on January 31, 2026
  • Agreements have been entered with depositories for dematerialization of the Company's securities

Contact Officials:

  • Axis Capital Limited: Simran Gadh (VP, +91 98200 20289, simran.gadh@axiscap.in) and Harish Patel (+91 99309 94153, harish.patel@axiscap.in)
  • Jefferies India Private Limited: Shekher Asnani (Senior Vice President)
  • Kotak Mahindra Capital Company Limited: Gesu Kaushal (Managing Director – Equity Corporate Finance)
  • Nomura Financial Advisory and Securities (India) Private Limited: Vishal Kanjani (Executive Director)
  • SBI Capital Markets Limited: Sylvia Mendonca (Vice President)
  • 360 ONE WAM Limited: Devesh Patkar (Executive Vice President – Investment Banking)

SEBI Correspondence: Addressed to Kartiki Tulaskar, Corporation Finance Department RAC- Division of Issues and Listing, SEBI Bhavan, Mumbai