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sme • BSE SME

HRS Aluglaze

IPO GMP Today

₹14.00

Est. listing gain: 14.58%

Last updated: 2 Jan 2026 12:03 am

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HRS Aluglaze IPO Subscription Details

LIVE

Last Updated: 2 Jan 2026 12:03 am

QIB19.48x

NII82.49x

bNII98.70x

sNII50.07x

Total44.90x

Overall Subscription Details: No of Apps.: 44616 | 44.90 times

Open

Dec 11, 2025

Dec 15, 2025

BOA

16 Dec 2025

Refunds

17 Dec 2025

Listing

18 Dec 2025

HRS Aluglaze Issue Details

Pricing & Lot

Price Band

₹94-96

Face Value

₹10 Per Equity Share

Lot Size

TBA

Managers & Listing

Listing At

BSE SME

Lead Managers

Cumulative Capital Pvt.Ltd.

Registrar

Purva Sharegistry (India) Pvt.Ltd.

Issue Size

53,04,000 shares(aggregating up to ₹50.92 crore)

HRS Aluglaze IPO Reservation

HRS Aluglaze IPO offers total 5304000 shares. Out of which 1443600 (27.22%) allocated to QIB, 756000 (14.25%) allocated to NII,1785600 (33.67%) allocated to RII, NA (NA%) allocated to employees and 1044000 (19.68%) allocated to Anchor investors.

Investor Category	Shares Offered	Percentage
Anchor Investor Shares Offered	1044000 (19.68%)	19.68%
Market Maker Shares Offered	274800 (5.18%)	5.18%
QIB Shares Offered	1443600 (27.22%)	27.22%
NII (HNI) Shares Offered	756000 (14.25%)	14.25%
bNII > ₹10L	504000 (9.39%)	9.39%
sNII < ₹10L	252000 (4.85%)	4.85%
Individual Shares Offered	1785600 (33.67%)	33.67%
Total Shares Offered	5304000 (100%)	100.00%

GMP & Listing Expectation

GMP (per share)

₹14.00

Est. Listing Price

₹110.00

Total Listing Gain (per lot)

₹0.00

Grey Market Premium (GMP) is an unofficial market indicator. It reflects the premium investors are willing to pay over the issue price before listing. This is not a guaranteed return and can change rapidly.

Valuations

EPS (Pre IPO)₹3.68/-

EPS (Post IPO)₹4.71/-

Price to Book Value6.53

Market Cap185.11 Cr.

HRS Aluglaze IPO – FAQs

The HRS Aluglaze is a 53,04,000 shares(aggregating up to ₹50.92 crore) initial public offering. This upcoming IPO will soon be available for subscription. You can learn more about what an IPO is in our beginner-friendly guide.