HRS Aluglaze IPO Date, Review, Price, Allotment Details IPO
HRS Aluglaze IPO Summary
IPO Open Date: 11 Dec 2025
IPO Close Date: 15 Dec 2025
Price Band: ₹94 to ₹96 Per Share
Issue Size: Approx ₹50.92 Crores
Listing Exchange: BSE SME
Website: https://hrsaluglaze.com/
HRS Aluglaze IPO Overview
HRS Aluglaze IPO open date is December 11, 2025 and the IPO will close on December 15, 2025. HRS Aluglaze IPO is a Book Build Issue. The company to raise around ₹50.92 crores via IPO that comprises fresh issue of ₹50.92 crores and offer for sale up to . equity shares with face value of ₹10 each.
HRS Aluglaze IPO price band is ₹94 to ₹96 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. HRS Aluglaze IPO to list on BSE on December 18, 2025. The allotment of HRS Aluglaze IPO date is December 16, 2025.
The company reported revenue of ₹42.14 crores in 2025 against ₹26.97 crores in 2024. The company reported profit of ₹5.15 crores in 2025 against profit of ₹1.79 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.
HRS Aluglaze IPO Details
| Company Name | HRS Aluglaze Ltd |
| IPO Open Date | 11 Dec 2025 |
| IPO Close Date | 15 Dec 2025 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹94 to ₹96 Per Share |
| Issue Size | Approx ₹50.92 Crores |
| Fresh Issue | Approx ₹50.92 Crores |
| Offer for Sale | - |
| Issue Type | Book Build Issue |
| Listing On | BSE SME |
HRS Aluglaze IPO Review & Key Points
Neutral
HRS Aluglaze IPO Market Lot
The HRS Aluglaze IPO minimum market lot is 2,400 shares with ₹2,30,400 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,30,400 |
| Retail Maximum | 2 | 2,400 | ₹2,30,400 |
| S-HNI Minimum | 3 | 3,600 | ₹3,45,600 |
| S-HNI Maximum | 8 | 9,600 | ₹9,21,600 |
| B-HNI Minimum | 9 | 10,800 | ₹10,36,800 |
HRS Aluglaze IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 10,44,000 Shares | 19.68% |
| QIB (Ex. Anchor) | 14,43,600 Shares | 27.22% |
| NII / HNI | 7,56,000 Shares | 14.25% |
| Retail | 17,85,600 Shares | 33.67% |
HRS Aluglaze IPO Dates & Allotment
| IPO Opening Date | 11 Dec 2025 |
| IPO Closing Date | 15 Dec 2025 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 16 Dec 2025 |
| Refunds Initiation | 17 Dec 2025 |
| Credit to Demat | 17 Dec 2025 |
| IPO Listing Date | 18 Dec 2025 |
HRS Aluglaze IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for façade work. | ₹18.30 |
| Funding of working capital requirements of the Company | ₹19.00 |
| General Corporate Purpose | ₹- |
HRS Aluglaze Ltd Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹22.69 | ₹21.48 | ₹0.87 | ₹34.10 |
| 2024 | ₹26.97 | ₹24.57 | ₹1.79 | ₹42.43 |
| 2025 | ₹42.14 | ₹35.27 | ₹5.15 | ₹80.60 |
| September 2025 | ₹26.35 | ₹20.23 | ₹4.54 | ₹91.16 |
HRS Aluglaze IPO Valuation
Check HRS Aluglaze IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹3.76 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 34.24% |
| Return on Capital Employed (ROCE) | 15.97% |
| Return on Net Worth (RoNW) | 34.24% |
| Net Asset Value (NAV) | ₹14.70 |
| EBITDA Margin | 25.42% |
| PAT Margin | 12.22% |
| Debt to Equity Ratio | 1.92 |
HRS Aluglaze IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Innovators Facade Systems Ltd (Consolidated) | 2.78 | 73.02 | 3.19% | 88.43 | 83.60 Cr. |
| Aluwind Infra-Tech Limited (Standalone) | 2.04 | 39.22 | 8.15% | 26.06 | 64.46 Cr. |
HRS Aluglaze IPO Promoters & Holding Pattern
The promoters of the company are Rupesh Pravinbhai Shah, Pinky Rupesh Shah and Hrishikesh Rupesh Shah.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,39,78,125 | 100% |
| Promoter Holding Post Issue | 1,92,82,125 | 72.49% |
HRS Aluglaze IPO Lead Managers (Merchant Bankers)
- Cumulative Capital Pvt.Ltd.
About HRS Aluglaze Ltd
HRS Aluglaze Ltd is an Indian company that designs, manufactures, and installs a wide range of aluminium and UPVC products, including windows, doors, curtain walls, cladding, and glazing systems
HRS Aluglaze Ltd Address
Ahmedabad – 380058Phone: +91 79 26306595
HRS Aluglaze IPO Registrar
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query