HRS ALUGAZE LIMITED SME
₹ 94 - ₹ 96
11-Dec-2025 - 15-Dec-2025
₹ 115200.00

/ 1200 Shares

HRS ALUGAZE LIMITED SME

11-Dec-2025 - 15-Dec-2025

₹ 94 - ₹ 96

Price Band

₹ 115200.00

Minimum Investment

1200

Bid Lot

5,304,000

Shares

IPO Details

IPO Timeline

  • Open Date

    11-Dec-2025
  • Close Date

    15-Dec-2025
  • Basis of Allotment Date

    16-Dec-2025
  • Initiation of Refunds

    17-Dec-2025
  • Credit Shares to Demat A/c

    17-Dec-2025
  • IPO Listing Date

    18-Dec-2025

Subscription as on
11-Dec-2025 17:20

Category Book Size Subscription No. of Times
QIB 1,060,800 ₹ 10.18 Cr. 1,563,600 ₹ 15.01 Cr. 1.47x
HNI 795,600 ₹ 7.64 Cr. 124,800 ₹ 1.20 Cr. 0.16x
RETAIL 1,856,400 ₹ 17.82 Cr. 710,400 ₹ 6.82 Cr. 0.38x
Total 3,712,800 2,398,800 0.65x
Category Book Size Subscription No. of Times
QIB 1,060,800 ₹ 10.18 Cr. 1,563,600 ₹ 15.01 Cr. 1.47x
HNI 795,600 ₹ 7.64 Cr. 124,800 ₹ 1.20 Cr. 0.16x
RETAIL 1,856,400 ₹ 17.82 Cr. 710,400 ₹ 6.82 Cr. 0.38x
Total 3,712,800 2,398,800 0.65x

*Excluding Anchor

Total No. of Application Approx : ~325 (0.21 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Incorporated in 2012, HRS Aluglaze Ltd is engaged in the design, manufacturing, and installation of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems.

The Company provides standard and customized solutions to builders, contractors, architects, and institutions, along with material supply and procurement support.

The manufacturing facility is located at Village Rajoda, Taluka Bavla, Ahmedabad, Gujarat, with an area of 11,176 square meters, equipped with CNC precision machinery and powder coating facilities. An expansion of 13,714 square meters adjoining the current facility is proposed.

As on September 30, 2025, the Company has 28 active projects.

Offerings:

  • Doors and Windows
  • Curtain Walls and Structural Glazing
  • Glass Railings, Partitions, Louvers, and Screens
  • Cladding and Dynamic Façades
  • Material Supply and Procurement Support

As of September 30, 2025, the Company employed approximately Ninety (90) personnel, including skilled, semiskilled, and unskilled workers across various functions.

Read More

Strengths

  • Experienced Leadership and Skilled Teams
  • Proven Track Record with Strong Client Relationships
  • Design, Execution, and Completions
  • Commitment to Quality, Innovation, and Sustainability
  • Vision to Shape the City Skyline

Company Promoters

Company Financials

HRS Aluglaze Ltd.'s revenue increased by 56% and profit after tax (PAT) rose by 188% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 91.16 80.60 42.43 34.10
Total Income 26.35 42.14 26.97 22.69
Profit After Tax 4.54 5.15 1.79 0.87
EBITDA 8.45 10.70 3.53 1.75
NET Worth 24.61 20.11 9.96 8.17
Reserves and Surplus 10.66 13.45 3.46 1.67
Total Borrowing 41.04 38.66 24.35 17.91
Amount in ? Crore

Objects of the Issue

The Company HRS Aluglaze IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for façade work. 18.30
2 Funding of working capital requirements of the Company 19.00
3 General corporate purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
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  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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