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HRS Aluglaze Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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HRS Aluglaze Ltd IPO

Registered Office: 601 W-1 6th Flr Ne.York Timber,Street Ambali Road Jodhpur , Ahmedabad - 380058 , Gujarat , India.
Phone : +91 79 2630 6595   Fax:
Email :  info@hrsaluglaze.com  
Website :  www.hrsaluglaze.com
Initial public offer of up to 53,04,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of HRS Aluglaze Limited ("HRS" Of "The"Company") at an issue price of (Rs)96 per equity share (Including A Share Premium Of (Rs)86 Per Equity Share) for cash, aggregating up to (Rs)50.92 crores ("Public Issue") out of which 2,74,800 equity shares of face value of (Rs)10/- each,at an issue price of (Rs)96 per equity share for cash, aggregating (Rs)2.64 crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 50,29,200 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)96 per equity share for cash, aggregating up to (Rs)48.28 crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute 27.51 % and 26.08 % respectively of the post- issue paid-up equity share capital of the company. The face value of the equity share is (Rs)10 each and the issue price is (Rs)96/- Anchor investor issue price (Rs): (Rs)96/- per equity share The issue price is 9.6 times of the face value of the equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Dec-25 15-Dec-25 (Rs)96.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 44.92
Cumulative Capital Private Limited
Project Financed through Current Offer 50.92  
Post Issue Equity Share Capital 19.28  
Issue Price (Rs)96.00  
 
Projects
Funding capital expenditure to set up assembly & glass glazing line at RajodaGeneral corporate purposes
Funding of working capital requirements of the Company
Promoted By
Rupesh Pravinbhai Shah  
Pinky Rupesh Shah  
Hrishikesh Rupesh Shah  
Listing At
BSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd