Key Quantitative Figures

Financial Performance (Amount in ₹ Lakhs):

  • Revenue from Operations: ₹19,353.63 for H1 FY27 (compared to ₹14,392.64 for H1 FY26)
  • Total Revenue: ₹19,378.86 for H1 FY27
  • Net Profit after Tax: ₹1,065.73 for H1 FY27 (compared to ₹546.10 for H1 FY26)
  • Basic EPS: ₹6.83 for H1 FY27 (compared to ₹3.60 for H1 FY26)
  • Total Assets: ₹30,813.57 as at September 30, 2026
  • Share Capital: ₹2,078.96 as at September 30, 2026 (increased from ₹1,517.72 as at March 31, 2026)

Segment Performance (H1 FY27):

  • Manufacturing Segment Revenue: ₹7,929.44 lakhs
  • Trading Segment Revenue: ₹11,424.18 lakhs
  • Manufacturing Segment Profit: ₹828.30 lakhs
  • Trading Segment Profit: ₹405.06 lakhs

IPO Proceeds Utilization (₹ Crores):

  • Total Raised: ₹56.12 crores
  • Utilized as of September 30, 2026: ₹19.32 crores
  • Unutilized: ₹36.8 crores
  • Breakdown:
  • Borrowings Repayment: ₹4.88 crores utilized (₹5.12 crores unutilized)
  • Capital Expenditure: ₹0.00 utilized (₹30.50 crores unutilized)
  • General Corporate Purposes: ₹7.25 crores utilized (₹0.03 crores unutilized)
  • Issue Expenses: ₹7.19 crores utilized (₹1.15 crores unutilized)

Dates of Action

  • Board Meeting: November 11, 2026 (3:00 PM to 5:15 PM)
  • IPO Allotment Date: September 17, 2026
  • IPO Listing Date: September 21, 2026
  • Period Ended: September 30, 2026

Parties Involved

  • Statutory Auditors: Banerjee Sarkar & Co. (FRN: 329018E)
  • Monitoring Agency: Brickwork Ratings India Private Limited
  • Stock Exchange: BSE Limited (SME Platform)

Financial Impact

The financial results show improved performance with revenue growth of approximately 35% and net profit growth of approximately 95% compared to same period previous year. The IPO raised ₹56.12 crores which are being utilized as per offer document objects.

Capital Structure Impact

Share capital increased from ₹1,517.72 lakhs (March 31, 2026) to ₹2,078.96 lakhs (September 30, 2026) due to IPO issuance of 5,612,400 equity shares of ₹10 each.

Cash Flow Implications

  • Net Cash from Operating Activities: ₹1,368.51 lakhs
  • Net Cash used in Investing Activities: ₹(26.03) lakhs
  • Net Cash from Financing Activities: ₹2,596.06 lakhs
  • Net Increase in Cash: ₹3,938.55 lakhs

Additional Information

  • The company was listed on BSE SME Platform on September 21, 2026
  • First half-yearly results published after listing
  • No deviation in utilization of IPO proceeds
  • Unutilized IPO proceeds of ₹36.8 crores held in bank accounts and fixed deposits
  • Monitoring agency report confirms proper utilization of funds
  • Company operates in two business segments: Manufacturing and Trading