Updated · GMP, subscription and listing data refresh through the day.
| ₹ crore | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | ₹508.28 | ₹989.6 | — |
| Expenses | — | — | — |
| Net profit (PAT) | ₹63.21 | ₹157.71 | — |
| PAT margin | 12.4% | 15.9% | — |
| Total assets | ₹5,453.02 | ₹9,729.95 | — |
| Application | Shares | Amount at ₹1785 |
|---|---|---|
| Retail (min)1 lot | 8 | ₹14,280 |
| Retail (max)14 lots | 112 | ₹1,99,920 |
| sHNI (min)15 lots | 120 | ₹2,14,200 |
| bHNI (min)71 lots | 568 | ₹10,13,880 |
One lot is 8 shares, so a single application at the ₹1785 cut-off costs ₹14,280. Retail applications are capped at ₹2,00,000, which is 14 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
National Stock Exchange of India Limited is a company that operates a vertically integrated stock exchange, offering a platform for trading, clearing, listing, and other services such as data feed, data terminal, and licensing services. Its platform covers regulatory compliance, risk monitoring and post-trade settlement. The company was incorporated in 1992 and is headquartered in Mumbai, Maharashtra. Its customers include trading members, issuers, investors, and intermediaries.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For National Stock Exchange of India Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 21 Sept 2026 and listing on 24 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹90 on a ₹1,785 upper band means the grey market is dealing at ₹1,875.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.