Date: November 03, 2026
Offer for Sale Details
Sellers: Promoters Ashokkumar Haridas Lal and Jitendra Haridas Lal
Offer Structure:
- Base Offer Size: 30,00,000 Equity Shares (face value ₹10 each)
- Base Offer Percentage: 1.84% of total paid-up equity share capital
- Oversubscription Option: 13,50,000 Equity Shares (0.83% of paid-up capital)
- Total Potential Offer: 43,50,000 Equity Shares (2.67% of paid-up capital)
Decision: Promoters have decided not to exercise the Oversubscription Option. The final offer size will be limited to the Base Offer Size of 30,00,000 Equity Shares.
Trading Schedule:
- T day (November 03, 2026): Non-Retail Investors only
- T+1 day (November 04, 2026): Retail Investors and non-Retail Investors carrying forward un-allotted bids
Retail Reservation: 3,00,000 equity shares (10% of the offer size) reserved for allocation to Retail Investors, subject to receipt of valid bids on November 04, 2026.
Trading Platform: Designated window of the National Stock Exchange of India Limited (NSE)
Regulatory Framework: Offer conducted through stock exchange mechanism in accordance with relevant SEBI circulars