HRS Aluglaze

HRS Aluglaze

BSE SME
Price:₹94-96 per equity share
GMP:9-10(9.38%)
Offer:Dec 11, 2025 - Dec 15, 2025
Min Investment
2,30,400/ 2400 Shares

GMP is market estimated & subject to change. Not a guaranteed listing price.

HRS Aluglaze IPO Issue Details

Issue Price₹94-96 per equity share
Face Value₹10 Per Equity Share
Total Issue Size53,04,000 shares(aggregating up to ₹50.92 crore)
Fresh ShareN/A
Offer For SaleN/A
Listing atBSE SME
List PriceN/A
Listing Date2025-12-18
Lead Manager
Cumulative Capital Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.

GMP Trend

Est. Listing Price vs Issue Price

Current GMP

+10

HRS Aluglaze IPO Live Subscription

Last Updated: 15 Dec, 13:42

Total Subscription

44.90 x

Retail
49.54 x
NII (HNI)
82.49 98.70 x   50.07 x
QIB
19.48 x

Based on live data from BSE/NSE

HRS Aluglaze IPO Subscription Analysis And Details

Day / DateQIB
NII (HNI)
bNII (>10L)
sNII (<10L)
RetailTotal
Shares Offered
reserved quota
14,43,600
7,56,000
5,04,000
2,52,000
17,85,60039,85,200
Day 111 Dec 2025
1.08 xx
0.17
0.08
0.34
0.40 xx0.60 xx
Day 212 Dec 2025
1.08 xx
1.87
1.83
1.95
2.69 xx1.95 xx
Day 313 Dec 2025
19.48 xx
82.49
98.70
50.07
49.54 xx44.90 xx

Total Applications

44,616

Retail Subscription

Retail:49.54x BHNI:31.99x SHNI:46.36x(basis of apps)

Profit Estimator

Calculate your potential listing gains

2400 Shares
1

Investment Amount

2,28,000.00

Current GMP

+₹9.46

Estimated Profit

22,704
+9.96% Return

HRS Aluglaze IPO Financial Scorecard

EPS Pre IPO₹3.68/-
EPS Post IPO₹4.71/-
PE Pre IPO26.07
PE Post IPO20.4
ROE34.24%
ROCE15.97%
Debt Equity1.92
RoNW34.24%
PAT Margin12.22%
Price to Book Value6.53

HRS Aluglaze IPO Peer Comparison

HRS Aluglaze IPO Financial Results

Metric30-Sep-2531-Mar-2531-Mar-2431-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

* In Cr.

IPO Timeline

IPO Open

11 Dec 2025

IPO Close

15 Dec 2025

Allotment

16 Dec 2025

Expected Today

Refunds

17 Dec 2025

Demat Credit

18 Dec 2025

Listing

18 Dec 2025

HRS Aluglaze IPO Lot Size & Application

ApplicationLotsSharesAmount
Retail (Min)12400₹2,30,400
Retail (Max)00₹0
S-HNI (Min)12400₹2,30,400
S-HNI (Max)49600₹9,21,600
B-HNI (Min)512000₹11,52,000

HRS Aluglaze IPO About Company

Read More

HRS Aluglaze IPO Share Holding

Pre Issue

100%

Post Issue

72.49%

Promoters

Rupesh Pravinbhai ShahPinky Rupesh ShahHrishikesh Rupesh Shah

HRS Aluglaze IPO RHP & Official Docs

HRS Aluglaze IPO Where is the money going?

  • 1

    Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for facade work.

  • 2

    Funding of working capital requirements of the Company

  • 3

    General corporate purposes

Logo

COMPANY

HRS Aluglaze

601 W-1, 6th Floor, New York Timber Street Opp. PSP House, B/H. S.G. Highway, Ambali Road, Jodhpur Ahmedabad, Gujarat, 380058

PHONE

+91 79 26306595

REGISTRAR

Purva Sharegistry India Pvt Ltd

Address details unavailable

PHONE

+91-022-23018261/ 23016761

Common Questions

To decide on investing in HRS Aluglaze, consider its financial health. The company reported a revenue of {"30-Sep-25": "26.35", "31-Mar-25": "42.14", "31-Mar-24": "26.97", "31-Mar-23": "22.69"} and a profit after tax of {"30-Sep-25": "4.54", "31-Mar-25": "5.15", "31-Mar-24": "1.79", "31-Mar-23": "0.87"}. It has a P/E ratio of 26.07 and a RoNW of 34.24%%. Always review the RHP and consult a financial advisor before investing.

Based on the latest Grey Market Premium (GMP) of ₹0, the expected listing price is around ₹96 per share. This suggests a potential listing gain of approx 0%. (Note: GMP is volatile and not a guarantee).

The IPO opens for subscription on 11 Dec, 2025 and closes on 15 Dec, 2025. The allotment status will be finalized by 16 Dec, 2025, and listing is expected on 18 Dec, 2025.

Retail investors need to apply for a minimum of 1 lot (1200 shares) which requires an investment of ₹1,15,200. For HNI investors, the minimum investment is 2 lots (2400 shares) amounting to ₹2,30,400.

You can check the allotment status on the registrar's website (Purva Sharegistry (India) Pvt.Ltd.) or via the BSE/NSE website once the allotment is finalized on 16 Dec, 2025.

The price band for HRS Aluglaze IPO is set at ₹94 to ₹96 per share.

The minimum market lot (lot size) for HRS Aluglaze IPO is 1200 shares. Retail investors can apply for up to 1 lots (1200 shares or ₹1,15,200).

The issue is divided into categories: Qualified Institutional Buyers (QIB) get N/A%, Non-Institutional Investors (NII/HNI) get N/A%, and Retail investors are allocated N/A% of the shares.