HRS Aluglaze IPO
HRS Aluglaze is a BSE SME IPO listed on the BSE SME platform, priced at ₹94–₹96 per share. The stock debuted at ₹126, delivering a listing gain of 31.3%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,30,400.
HRS Aluglaze Limited IPO
- IPO Dates
- Dec 11, 2025 – Dec 15, 2025
- Price band
- ₹94-96 per equity share
- Minimum Investment
- ₹2,30,400
- Issue size
- ₹50.92 Cr
- Lot size
- 1200
- Allotment Date
- Dec 16, 2025
- Listing
- Dec 18, 2025
- Listing At
- BSE SME
IPO timeline
-
Dec 11, 2025
Open Date
Completed
-
Dec 15, 2025
Close Date
Completed
-
Dec 16, 2025
Allotment Date
Completed
-
Dec 18, 2025
Listing Date
Completed
HRS Aluglaze IPO Subscription Details
View Subscription DetailsHRS Aluglaze IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:HRS Aluglaze IPO Essentials
HRS Aluglaze IPO Details
HRS Aluglaze IPO is priced at ₹94-96 per share with a total issue size of 50.92 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹94-96 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 53,04,000 shares(aggregating up to ₹50.92 Cr)
- Total issue size
- 53,04,000 shares
(aggregating up to ₹50.92 crore) - Fresh issue
- 53,04,000 shares
(aggregating up to ₹50.92 crore) - Listing at
- BSE SME
- List price
- 126.0
- Listing date
- Registrar
- Purva Sharegistry (India) Pvt.Ltd.
- Lead manager
-
Cumulative Capital Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,30,400 |
| Individual(max) | 2 | 2400 | ₹2,30,400 |
| sHNI(min) | 3 | 3600 | ₹3,45,600 |
| sHNI(max) | 8 | 9600 | ₹9,21,600 |
| sHNI(min) | 9 | 10800 | ₹10,36,800 |
HRS Aluglaze IPO Reservation
HRS Aluglaze IPO reservation details show category-wise allocation of shares. Out of the total 5304000 shares, approximately 27.22% are reserved for QIB, 14.25% for NII, 33.67% for retail investors, 5.18% for market maker, and 19.68% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1044000 (19.68%) | |
| Market Maker Shares Offered | 274800 (5.18%) | |
| QIB Shares Offered | 1443600 (27.22%) | |
| NII (HNI) Shares Offered | 756000 (14.25%) | |
| bHNI > ₹10L | 504000 (9.39%) | 140 |
| sHNI < ₹10L | 252000 (4.85%) | 70 |
| Individual Shares Offered | 1785600 (33.67%) | 744 |
| Total Shares Offered | 5304000 (100%) |
HRS Aluglaze IPO Analytics
HRS Aluglaze IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
HRS Aluglaze IPO Subscription Status
HRS Aluglaze IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 44.9x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 14,43,600 |
7,56,000
5,04,000
2,52,000
|
17,85,600 | 39,85,200 |
|
Day 1
11-12-25 05:00 PM
|
1.08 x |
0.17x
0.08x
0.34x
|
0.40 x | 0.60 x |
|
Day 2
12-12-25 05:00 PM
|
1.08 x |
1.87x
1.83x
1.95x
|
2.69 x | 1.95 x |
|
Day 3
15-12-25 05:00 PM
|
19.48 x |
82.49x
98.70x
50.07x
|
49.54 x | 44.90 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 44616 (Approx) | 31.99x | 46.36x | 49.54x |
HRS Aluglaze Valuations
Earnings
- EPS Pre IPO
- ₹3.68/-
- EPS Post IPO
- ₹4.71/-
- P/E Pre IPO
- 26.07
- P/E Post IPO
- 20.4
Returns
- ROE
- 34.24%
- ROCE
- 15.97%
- RoNW
- 34.24%
- PAT Margin
- 12.22%
Fundamentals
- Debt / Equity
- 1.92
- Price / Book
- 6.53
- Market Cap
- 185.11 Cr.
HRS Aluglaze Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 91.16 | 80.60 | 42.43 | 34.10 |
| Revenue | 26.35 | 42.14 | 26.97 | 22.69 |
| Profit After Tax | 4.54 | 5.15 | 1.79 | 0.87 |
| Net Worth | 24.61 | 20.11 | 9.96 | 8.17 |
| Reserves & Surplus | 10.66 | 13.45 | 3.46 | 1.67 |
| Total Borrowing | 41.04 | 38.66 | 24.35 | 17.91 |
HRS Aluglaze Company & Offer Insights
HRS Aluglaze Promoter(s)
Rupesh Pravinbhai Shah, Pinky Rupesh Shah, Hrishikesh Rupesh Shah are the company's promoters of HRS Aluglaze.
HRS Aluglaze IPO Issue Objectives
- •
- Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for facade work.
- •
- Funding of working capital requirements of the Company
- •
- General corporate purposes
Contact Information
Contact Details
HRS Aluglaze
+91 79 26306595
601 W-1, 6th Floor, New York Timber Street Opp. PSP House, B/H. S.G. Highway, Ambali Road, Jodhpur Ahmedabad, Gujarat, 380058
Registrar Contact Details
Purva Sharegistry India Pvt Ltd
+91-022-23018261/ 23016761
Frequently Asked Questions
Click any question to reveal the answer
HRS Aluglaze IPO is a book-built IPO worth ₹50.92 crore. The price band is ₹94–₹96 per share. The IPO opens on Dec 11, 2025 and closes on Dec 15, 2025. It will be listed on BSE SME Platform. Purva Sharegistry (India) Pvt. Ltd. is the registrar.
The price band of HRS Aluglaze IPO is ₹94 to ₹96 per share.
The lot size of HRS Aluglaze IPO is 1200 shares.
The minimum investment for HRS Aluglaze IPO is approximately ₹2,30,400 based on the upper price band .
HRS Aluglaze IPO opens on Dec 11, 2025 and closes on Dec 15, 2025.
The allotment date of HRS Aluglaze IPO is Dec 16, 2025.
HRS Aluglaze IPO is expected to be listed on Dec 18, 2025, on BSE SME Platform.
HRS Aluglaze IPO valuation snapshot: P/E 20.4, EPS ₹4.71/-, P/B 6.53, RoNW 34.24%, and market cap 185.11 Cr.
To apply for HRS Aluglaze IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of HRS Aluglaze IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for HRS Aluglaze IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check HRS Aluglaze IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the HRS Aluglaze IPO allotment status on IPO Ji for quick and easy access.