IPO Schedule
1
Open
11 Dec
2
Close
15 Dec
3
Allotment
-
4
Listing
18 Dec
HRS Aluglaze IPO
Issue:₹96
List:₹126
CMP:₹202.85
BSELot: 1200SME
LISTEDSME
Issue Price₹96
Listing₹126
Current₹202.85
Content
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.
Subscription Status
QIB
1.08x
NII
0.17x
Retail
0.40x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 19.48x | 1.08x | 1.08x |
| NII | 82.13x | 1.51x | 0.17x |
| Retail | 49.54x | 2.69x | 0.40x |
| Total | 44.83x | 1.89x | 0.60x |
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.