HRS Aluglaze IPO

About the company

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%.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   11 Dec 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   15 Dec 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   16 Dec 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   17 Dec 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   17 Dec 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   18 Dec 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.