{"id":62013,"date":"2025-12-09T14:07:29","date_gmt":"2025-12-09T08:37:29","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2025\/12\/09\/hrs-aluglaze-ltd-plans-to-raise-up-to-rs-50-92-crore-from-public-offer-ipo-opens-on-december-11-2025\/"},"modified":"2025-12-09T14:07:29","modified_gmt":"2025-12-09T08:37:29","slug":"hrs-aluglaze-ltd-plans-to-raise-up-to-rs-50-92-crore-from-public-offer-ipo-opens-on-december-11-2025","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2025\/12\/09\/hrs-aluglaze-ltd-plans-to-raise-up-to-rs-50-92-crore-from-public-offer-ipo-opens-on-december-11-2025\/","title":{"rendered":"HRS Aluglaze Ltd plans to raise up to Rs. 50.92 crore from public offer, IPO opens on December 11, 2025"},"content":{"rendered":"<div>\n<p><strong>Company plans to issue 53.04 lakh equity shares of Rs. 10 face value in the price band of Rs. 94-96 per share; Shares to be listed on BSE SME platform.<\/strong><\/p>\n<p><strong>Ahmedabad (Gujarat) [India], December 9: <\/strong><a href=\"https:\/\/hrsaluglaze.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HRS Aluglaze Ltd<\/span><\/a><span style=\"font-weight: 400;\">, engaged in the design, manufacturing, and installation of aluminium products is planning to raise upto Rs. 50.92 crore from its public offer. The public offer will open for subscription on 11 December 2025 and will close on 15 December, 2025. Cumulative Capital Pvt.Ltd is the lead manager of the offer. Shares will be listed on BSE SME platform.<\/span><\/p>\n<p><b>Highlights:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">IPO opens for subscription on 11 Dec 2025 and closes on 15 Dec 2025; Minimum lot size for application is 2 lots of 1,200 shares i.e. 2,400 shares and multiples of 1,200 shares thereafter;<\/span><\/i><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Minimum investment required at the offer price of Rs. 96 per share (Higher price band) is Rs. 2,30,400.<\/span><\/i><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Funds raised through the offer will be used towards funding capital expenditure to set up assembly &amp; glass glazing line at Rajoda, Ahmedabad for fa\u00e7ade work, funding working capital requirements and general corporate purposes<\/span><\/i><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">For H1FY26 company reported total income of Rs. 26.35 crore, EBITDA of Rs. 8.45 crore,\u00a0 Net Profit of Rs. 4.54 crore ; For Full year FY24-25, total income was reported at Rs. 42.14 crore and Net Profit of Rs. 5.15 crore<\/span><\/i><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Healthy Returns Ratio as on 31 March 2025 \u2013 ROE at 34.24%, ROCE at 15.97%, PAT Margin at 12.22%\u00a0<\/span><\/i><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Cumulative Capital Pvt.Ltd is the lead manager is the lead manager of the offer<\/span><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The initial public offering of Rs. 50.92 crore is a fresh issue of 53.04 lakh equity shares including market marker portion of 2.748 lakh shares. The total issue offered to public involves 50.29 lakh equity shares for a face value of Rs. 10 each at the price band of Rs. 94-96 per share.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Out of the total net proceeds from the issue, Rs. 18.30 crore to be utilized towards funding capital expenditure to set up assembly &amp; glass glazing line at Rajoda, Ahmedabad for fa\u00e7ade work, Rs. 19 crore towards funding working capital requirements and remaining for general corporate purposes. Total shares offered in the retail category stands at 17.85 lakh.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Minimum application for individual investors is 2,400 shares which translates into a minimum investment of Rs. 2,30,400 at offer price of Rs 96 per share (Higher price band). Lot size is 1,200 shares.\u00a0<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Incorporated in 2012, HRS Aluglaze Ltd is engaged in the design, manufacturing, and installation of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems. The Company provides standard and customized solutions to builders, contractors, architects, and institutions, along with material supply and procurement support. The manufacturing facility is located at Village Rajoda, Taluka Bavla, Ahmedabad, Gujarat, with an area of 11,176 square meters, equipped with CNC precision machinery and powder coating facilities. An expansion of 13,714 square meters adjoining the current facility is proposed. As on September 30, 2025, the Company has 28 active projects.<\/span><\/h4>\n<h4><span style=\"font-weight: 400;\">For H1FY26 company reported total income of Rs. 26.35 crore, EBITDA of Rs. 8.45 crore,\u00a0 Net Profit of Rs. 4.54 crore. For Full year FY24-25, total income was reported at Rs. 42.14 crore, EBITDA of Rs. 10.70 crore and Net Profit of Rs. 5.15 crore. As on 30<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> September 2025 Reserves and surplus stands at Rs. 10.66 crore and Assets of Rs. 91.16 crore. Company has reported healthy Returns Ratio as on 31 March 2025 \u2013 ROE at 34.24%, ROCE at 15.97%, PAT Margin at 12.22%<\/span><\/h4>\n<table>\n<tbody>\n<tr>\n<td colspan=\"2\"><b>IPO Highlights- <\/b><b>HRS Aluglaze Ltd<\/b><b>.<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">IPO Opens on\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">December 11, 2025<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">IPO Closes on\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">December 15, 2025<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Price Band<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 94-96 Per Share<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Offer Size<\/span><\/td>\n<td><span style=\"font-weight: 400;\">53.04 lakh shares \u2013 up to Rs. 50.92 crore<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minimum Application Size (Retail Investors)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2 lots of 1,200 Shares i.e. 2,400 Shares<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Lot Size<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,200 Shares<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Listing on\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">BSE SME Platform\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company plans to issue 53.04 lakh equity shares of Rs. 10 face value in the price band of Rs. 94-96 per share; Shares to be listed on BSE SME platform. 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