HRS Aluglaze IPO

HRS Aluglaze IPO

Aluminium & Aluminium Products
open
₹2.26LMin. investment
  1. Pre-apply
    10 Dec
  2. Bid start
    11 Dec
  3. Bid end
    15 Dec
  4. Allotment
    16 Dec
  5. Release of funds
    17 Dec
  6. Demat transfer
    17 Dec
  7. Listing
    18 Dec

HRS Aluglaze Limited IPO Details

SectorAluminium & Aluminium Products
Price range₹94.00 – ₹96.00
IPO type
SME
Lot size1200 shares
Issue size₹50Cr
Red Herring Prospectus
Read
Market Cap
₹185.11CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹42.11CrLower than sector avg
Growth rate3Y CAGR
36.65%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹42.11Cr
This sector
₹803.21Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹5.15Cr
This sector
₹209.33Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹185.11Cr
This sector
₹2,177.12Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
25.53
This sector
28.65
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.92
This sector
17.58
Compare with companies

Objectives

Working capital
37.31%
Capital expenditure
35.94%
General corporate purpose
26.75%

About HRS Aluglaze Limited

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%.

Frequently asked questions

How to invest in the HRS Aluglaze IPO ?

Investors can apply for the HRS Aluglaze IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of HRS Aluglaze IPO ?

The issue size of the HRS Aluglaze IPO is 50 Cr.

What is 'pre-apply' for HRS Aluglaze IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will HRS Aluglaze IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Ipo opens on 11 Dec 2025, 10:00 AM