A Oneindia Venture

HRS Aluglaze Ltd. IPO

Min Investment
₹ 1,15,200 / 1200 shares
Price Range
₹94 - ₹ 96
Bidding Dates
11 Dec '25 - 15 Dec '25
Total Issue Value
50.92 Cr
Lot Size
1,200
Total Issue Size
50.92 Cr
Listing At
NSE SME
Subscription
42.17 times
BSE Price
144.76 (50.79%)

IPO Timeline

  • 11 Dec 2025
    Bidding Starts
  • 15 Dec 2025
    Bidding Ends
  • 18 Dec 2025
    Allotment Finalization
  • 18 Dec 2025
    Listing

About HRS Aluglaze Ltd.

Our Company is engaged in the business of design, manufacturing, and installation of a wide range of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems. These solutions are carefully tailored to meet the specific requirements of builders, contractors, ... Read more

Parent organisation
Founded
HRS Aluglaze Ltd.
2012

HRS Aluglaze Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 10,44,000 (19.68%)
Market Makers 2,74,800 (5.18%)
Non Institutional Investors 7,56,000 (14.25%)
Qualified Institutional Buyers (QIBs) 14,43,600 (27.22%)
Retail Individual Investors (RIIs) 17,85,600 (33.67%)

HRS Aluglaze Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 42.14 Cr 5.15 Cr 13.45 Cr
31 Mar 2024 26.97 Cr 1.80 Cr 3.46 Cr
31 Mar 2023 22.69 Cr 92.32 Lakh 1.84 Cr

HRS Aluglaze Ltd. Background

Our Company was originally incorporated under the name as “HRS Aluglaze Private Limited”, a private limited company under the provisions of Companies Act, 1956, vide Certificate of Incorporation dated March 30, 2012, issued by the Registrar of Companies, Gujarat, Dadra and Nagar ...

Read more

Major Events And Milestones
  • 2012
    Our Company was incorporated as a private limited company under the provisions of the Companies Act, 1956, under the name “HRS Aluglaze Private Limited” on March 30, 2012.
  • 2018
    Our Company purchased land for factory at Dantali, Gujarat factory.
  • 2022
    Achieved revenue from operations of more than ?1,100 lakhs in Fiscal 2022.
    Our Company entered market of Hyderabad.
  • 2023
    Achieved revenue from operations of more than ?2,200 lakhs in Fiscal 2023 with CAGR of 91.62% over revenue in Fiscal 2022.
  • 2024
    Our Company established a uPVC (unplasticized polyvinyl chloride) production line at its manufacturing facility. This strategic expansion enabled the Company to diversify its product offerings and cater to the growing demand in the building materials and infrastructure segments.
    Our Company commenced commercial operations at its manufacturing facility located at Rajoda, with an installed capacity of 1,500 metric tonnes per month. The operationalisation of this plant marked a significant step in enhancing the Company’s production capabilities and meeting the increasing market demand for its products.
    Our Company established a dedicated powder coating plant exclusively for captive consumption, to support and enhance its in-house powder coating operations. This initiative was undertaken to ensure quality control, cost efficiency, and seamless integration within the manufacturing process.
    Our Company implemented a green energy initiative by setting up a solar power plant at its newly established factory. This move aimed at promoting environmental sustainability, reducing dependency on conventional energy sources, and optimizing long-term operational efficiency through renewable energy utilization.
    Our Company was converted from a private limited company to a public limited company
  • 2025
    Our Company achieved revenue from operations of more than ?4,200 lakhs in Fiscal 2025 with CAGR of 57.77% over revenue in Fiscal 2024.
HRS Aluglaze Ltd. Object of Issues

1. Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for façade work.
2. Funding of Working Capital requirements of the Company
3. General Corporate Purposes

HRS Aluglaze Ltd. IPO Listing Details
Listing Date
18 Dec 2025
ISIN
INE1E1V01017
Final Issue Price
₹ 96
HRS Aluglaze Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 96.00 -
Open ₹ 126.00 -
Low ₹ 126.00 -
High ₹ 132.30 -
Last Trade ₹ 132.30 -
HRS Aluglaze Ltd. Company Promoters

1. Rupesh Pravinbhai Shah
2. Pinky Rupesh Shah
3. Hrishikesh Rupesh Shah

Industry Overview

The Indian facade market was valued at approx. USD 2.2 billion in 2023. The market is projected to reach around USD 4 billion by 2028. This growth projection is supported by the increasing demand for modern and sustainable building solutions. The compound annual growth rate (CAGR) is estimated to ... Read more

HRS Aluglaze Ltd. Contact Details
Address: 601, W-1, 6th Floor, New York Timber Street, Opp. PSP House, B/H. S.G. Highway, Ambali Road, Jodhpur, Ahmedabad Gujarat - 380058
Phone no:26306595
26306595
|
HRS Aluglaze Ltd. IPO Registrar
Purva Sharegistry (India) Pvt. Ltd.
9, Shiv Shakti Industrial Estate, JR Boricha Marg, Opp. Kasturba Hospital, Lower Parel (East) Mumbai Maharashtra - 400011
23018261, 23016761, 23010771
HRS Aluglaze Ltd. IPO Lead Manager(s)
Cumulative Capital Pvt. Ltd.
B 309-311, 215 Atrium, Nr. Courtyard Marriott Hotel, Andheri Kurla Road, Andheri East, Chakala MIDC, Mumbai Maharashtra - 400093
9819662664, 9870924935

FAQs

When does HRS Aluglaze Ltd. IPO opens and closes?

HRS Aluglaze Ltd. IPO opens from 11th December to 15th December 2025.

What is the size of HRS Aluglaze Ltd. IPO?

The size of the HRS Aluglaze Ltd. IPO is ₹50.92 Cr.

What is the price range of HRS Aluglaze Ltd. IPO?

The price range of HRS Aluglaze Ltd. IPO is at ₹94 to ₹96 per share.

What is the minimum investment and lot size required for the HRS Aluglaze Ltd. IPO?

The minimum investment required is ₹1,15,200 and minimum lot size is 1200 shares.

When is HRS Aluglaze Ltd. IPO listing date?

The HRS Aluglaze Ltd. IPO will be listed on 18th December 2025.

What is the objective of HRS Aluglaze Ltd. IPO?

1. Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for façade work.
2. Funding of Working Capital requirements of the Company
3. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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