HRS Aluglaze IPO Details
The HRS Aluglaze IPO is a book build issue with a total issue size of ₹50.92 cr, comprising of fresh issue of 5304000 equity shares. HRS Aluglaze IPO opened for subscription on Dec 11, 2025 and closed on Dec 15, 2025. HRS Aluglaze IPO is set price band at ₹94 to ₹96 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹230,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 16, 2025, and listed on both the NSE and BSE on Dec 18, 2025.
Purva Sharegistry India Pvt Ltd has been appointed as the registrar. Cumulative Capital Private Limited are the Book Running Lead Manager for the issue.
Before investing in the HRS Aluglaze IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 94 – 96
- Lot Size
- 1200
- Issue Size
- ₹50.92 Cr
- Minimum Investment
- ₹230400 (2400 Shares)
- Listing Date
- 18 December 2025
Current GMP
₹22 (+22.92%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About HRS Aluglaze Limited
HRS Aluglaze Ltd, incorporated in 2012, is engaged in the design, manufacturing, and installation of aluminium-based architectural products. Its offerings include windows, doors, curtain walls, cladding, glazing systems, and other façade solutions.
The Company serves builders, contractors, architects, and institutions, providing both standard and customized aluminium and glass solutions. It also offers material supply and procurement support, catering to diverse project requirements.
Manufacturing Facility
HRS Aluglaze Ltd operates a manufacturing facility located at Village Rajoda, Taluka Bavla, Ahmedabad, Gujarat, spread across 11,176 square meters. The plant is equipped with CNC precision machinery, powder coating facilities, and other modern equipment to support high-quality production.
An additional expansion area of 13,714 square meters, adjoining the current facility, has been proposed to enhance manufacturing capacity.
Operational Status
As of September 30, 2025, the Company is executing 28 active projects across various regions and industry segments.
Product & Service Offerings
- Doors and Windows
- Curtain Walls and Structural Glazing
- Glass Railings, Partitions, Louvers, and Screens
- Cladding and Dynamic Façades
- Material Supply and Procurement Support
Human Resources
As of September 30, 2025, HRS Aluglaze Ltd employed approximately 90 personnel, comprising skilled, semi-skilled, and unskilled workers across multiple operational and administrative functions.
HRS Aluglaze IPO Promoters
- Rupesh Pravinbhai Shah
- Pinky Rupesh Shah
- Hrishikesh Rupesh Shah
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.49%
HRS Aluglaze IPO Objective
The Company HRS Aluglaze IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure to set up assembly & glass glazing line at Rajoda, Ahmedabad for façade work
- Funding of Working Capital requirements of the Company
- General Corporate Purposes
Address / Contact Info
HRS Aluglaze Ltd.
601 W-1, 6th Floor, New York Timber Street
Opp. PSP House, B/H. S.G. Highway,
Ambali Road, Jodhpur
Ahmedabad, Gujarat
Phone: +91 79 26306595
Email: info@hrsaluglaze.com
Website: http://www.hrsaluglaze.com/
IPO Snapshot
Book Running Lead Managers
- Cumulative Capital Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
HRS Aluglaze IPO is a Book-building IPO with a total issue size of ₹50.92 crore. The HRS Aluglaze IPO price band is ₹94 to 96 per share. The HRS Aluglaze IPO subscription opens on Thu, Dec 11, 2025, and closes on Mon, Dec 15, 2025. The HRS Aluglaze IPO will be listed on the BSE. Purva Sharegistry India Pvt Ltd is the registrar for the HRS Aluglaze IPO.
The HRS Aluglaze IPO opens on Thu, Dec 11, 2025 and closes on Mon, Dec 15, 2025
HRS Aluglaze IPO Price Band is ₹94 to 96 per share.
HRS Aluglaze IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
The minimum investment for HRS Aluglaze IPO is ₹230400, based on one lot of 1200 shares at the upper price band of ₹96 per share.
Investors can apply for the HRS Aluglaze IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 15, 2025. The application amount remains blocked until the HRS Aluglaze IPO allotment is finalized.
HRS Aluglaze IPO issue size is ₹50.92 crores.
HRS Aluglaze IPO allotment date is Wed, Jul 1, 2026.
The registrar for HRS Aluglaze IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website to check HRS Aluglaze IPO allotment status, refund processing, and other IPO-related information.
The HRS Aluglaze IPO GMP (Grey Market Premium) is ₹22 as of Thu, Dec 18, 2025. Based on the upper price band of ₹96 per share, the estimated HRS Aluglaze IPO listing price is ₹118, indicating a potential listing gain of approximately 0% over the issue price.