Price Band
₹94 - ₹96
Lot Size
1200
Issue Size
₹50.92 Cr
GMP
N/A
Subscription
44.83x
Analyzing...
IPO Schedule
1
Open
11 Dec 2025
2
Close
15 Dec 2025
3
Allotment
-
4
Listing
18 Dec 2025
About HRS Aluglaze
HRS Aluglaze specializes in the manufacturing and fabrication of aluminum composite panels (ACP) and aluminum glazing systems. They cater to a diverse range of industries, including construction, infrastructure, and transportation, providing customized solutions for building facades and interior applications.
Key Strengths
- High Return on Equity (ROE) of 34.24% indicates efficient utilization of shareholder funds.
- Established presence in the aluminum composite panel and glazing systems market.
- Diverse customer base across various industries reduces dependence on a single sector.
- Customized solutions and product offerings cater to specific client requirements.
- Experienced management team with a proven track record in the industry.
Risk Factors
- •Dependence on raw material prices, particularly aluminum, which are subject to market fluctuations.
- •Intense competition from both organized and unorganized players in the ACP and glazing industry.
- •SME segment listing carries inherent risks related to liquidity and volatility.
- •Any slowdown in the construction and infrastructure sectors could adversely impact demand.
Valuation Analysis
At a P/E of 26.07, the IPO appears reasonably valued considering the company's high ROE, but investors should carefully assess the SME segment risks and overall market conditions.
IPO Details
ExchangeBSE
SegmentSME
Face Value₹10
Lot Size1200
Issue Size₹50.92 Cr
Key Metrics
ROE34.24%
ROCE15.97%
P/E Ratio26.07
Industry P/E20
EPS3.68
PAT Margin12.22%
Debt/Equity1.92
Growth & Quality
ProfitableYes ✓
Subscription
Total0.60x
Documents
RHP not available
Key Dates
Open Date11 Dec 2025
Close Date15 Dec 2025
Listing18 Dec 2025