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.Offerings:Doors and WindowsCurtain Walls and Structural GlazingGlass Railings, Partitions, Louvers, and ScreensCladding and Dynamic FaçadesMaterial Supply and Procurement SupportAs of September 30, 2025, the Company employed approximately Ninety (90) personnel, including skilled, semiskilled, and unskilled workers across various functions.Competitive Strengths:Experienced Leadership and Skilled TeamsProven Track Record with Strong Client RelationshipsDesign, Execution, and CompletionsCommitment to Quality, Innovation, and SustainabilityVision to Shape the City Skyline
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
274,800 | ₹2.640 |
|
QIB (Ex Anchor)
|
2,487,600 | ₹23.880 |
|
NII
|
756,000 | ₹7.260 |
|
Retail
|
1,785,600 | ₹17.140 |
| Total ** | 5,304,000 | ₹50.920 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 2,400 | ₹230,400 |
| Retail (Max — 13 Lots) | 13 | 15,600 | ₹1,497,600 |
| S-HNI (Min — 14 Lots) | 14 | 16,800 | ₹1,612,800 |
| S-HNI (Max — 66 Lots) | 66 | 79,200 | ₹7,603,200 |
| B-HNI (Min — 67 Lots) | 67 | 80,400 | ₹7,718,400 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 756,000 | 1,785,600 | 2,541,600 |
| Allotment price (Rs.) | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 23.88 | 2.64 | 26.52 | — | — | 7.26 | 17.14 | 50.92 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 756,000 | 1,785,600 | 2,541,600 |
| Amount (Rs.cr.) | 23.88 | 2.64 | 26.52 | — | — | 7.26 | 17.14 | 24.40 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 274,800 | ₹2.64 |
5.18%
|
| QIB (Ex Anchor) | 2,487,600 | ₹23.88 |
46.90%
|
| NII / HNI | 756,000 | ₹7.26 |
14.25%
|
| Retail (RII) | 1,785,600 | ₹17.14 |
33.67%
|
| Total | 5,304,000 | ₹50.92 |
100.00%
|
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 26.35 | 42.14 | 26.97 |
| EBITDA | 8.45 | 10.70 | 3.53 |
| Profit After Tax (PAT) | 4.54 | 5.15 | 1.79 |
| Net Worth | 24.61 | 20.11 | 9.96 |
| Total Assets | 91.16 | 80.60 | 42.43 |
| Reserves & Surplus | 10.66 | 13.45 | 3.46 |
| Total Borrowings | 41.04 | 38.66 | 24.35 |
| EBITDA Margin (%) | 25.42% | — | — |
| PAT Margin (%) | 12.22% | — | — |
HRS Aluglaze Ltd. Address proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: