IPO ChampIPO Insights
IPO Champ LogoIPO Champ Logo

IPOs

IPO Calendar
GMP Tracker
Subscription Status
Allotment Status
Stock Broker
  • Follow us on Instagram
  • Follow us on Facebook
  • Follow us on Threads
  • Follow us on YouTube
  • Follow us on Telegram
  • Follow us on WhatsApp
HomeIPOHRS Aluglaze

About HRS Aluglaze

HRS Aluglaze Limited designs, manufactures, and installs a wide range of aluminium windows, doors, curtain walls, cladding, and glazing systems for commercial, residential, industrial, and institutional projects. Its manufacturing facility in Bavla, Ahmedabad, spans ~11,176 sq. m. and is equipped with CNC machinery and powder-coating capabilities. As of September 30, 2025, the company has 28 active projects with an expected revenue contribution of approximately ₹103 crore. Regionally, Gujarat contributed the majority of revenue with 90.07%, Telangana 4.33%, Maharashtra 3.72% and Tamil Nadu 1.88% as of September 2025. It had an installed capacity of 15,00,000 sq ft and a capacity utilisation rate of 34.75%.

Checklist Quality Analysis

Revenue Growth

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
See All Live IPOs
IPO Champ LogoIPO Champ Logo

IPO Champ helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

Tools

IPO CalendarGMP TrackerSubscription StatusAllotment Status

IPOs

All IPOsLive IPOsUpcoming IPOsClosed IPOsListed IPOs

Resources

NewseBooks

Company

HomeAbout UsPrivacy PolicyTerms of Service

About IPO Champ

IPO Champ is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@ipochamp.com.

Please read all offer documents and risk disclosures carefully before investing. IPO Champ does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Champ. All rights reserved.

Want to stay updated?Subscribe to our newsletter

HRS Aluglaze

HRS Aluglaze

Open Date

11 Dec 2025

Close Date

15 Dec 2025

listed

Min Investment

₹230400

Lot Size

2400 Shares

Issue Size

₹50.92 Cr

Price Range

₹94 - ₹96

Listing Date

Dec 18, 2025

IPO Doc

RHP PDF

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹14(+14.58%)GMP
14.58%Prediction Listing Gain

Grey Market Premium (GMP) Trend

HRS Aluglaze IPO - Issue Objectives

The company will utilise ₹18.30 crore to set up an assembly & glass glazing line for façade work. The company will utilise ₹19 crore towards funding working capital requirements. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

35.94%

Working capital

37.31%

General corporate purpose

26.75%

1

Capital expenditure

The company will utilise ₹18.30 crore to set up an assembly & glass glazing line for façade work.

35.94%
2

Working capital

The company will utilise ₹19 crore towards funding working capital requirements.

37.31%
3

General corporate purpose

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

26.75%

IPO Subscription Status

QIB
19.48x
NII
82.49x
Total
44.90x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of HRS Aluglaze

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue26.3542.1426.9722.69
EBITDA8.4510.703.531.75
Expenses
Profit After Tax4.545.151.790.87
Assets91.1680.6042.4334.10
Net Worth24.6120.119.968.17
Reserves10.6613.453.461.67
Borrowing41.0438.6624.3517.91

HRS Aluglaze - Promoter(s)

Rupesh Pravinbhai Shah

Pinky Rupesh Shah

Hrishikesh Rupesh Shah

Pre Issue Share Holding

100%

Post Issue Share Holding

72.49%

Contact Details

HRS Aluglaze

601 W-1, 6th Floor, New York Timber Street Opp. PSP House, B/H. S.G. Highway, Ambali Road, Jodhpur Ahmedabad, Gujarat, 380058

+917926306595
info@hrsaluglaze.com
http://www.hrsaluglaze.com/

Registrar Contact Details

Purva Sharegistry (India) Pvt.Ltd.

+91-022-23018261
newissue@purvashare.com
https://www.purvashare.com/investor-service/ipo-query

HRS Aluglaze IPO - FAQs

HRS Aluglaze IPO is a SME IPO. The issue is priced at ₹94-96 per equity share. The minimum order quantity is 2400 Shares. The IPO opens on 11 Dec, and closes on 15 Dec. Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-12-10
  • Bidding Starts2025-12-11
  • Bidding Ends2025-12-15
  • Allotment Finalisation2025-12-16
  • Release of Funds2025-12-17
  • Demat Transfer2025-12-17
  • Listing2025-12-18