HRS Aluglaze IPO GMP: Day 1 IPO Live Updates

Name: Stock Advisory service In India
Brand: univest
Rating: 4.4 (197000 reviews)

Posted by : sachet | Thu Dec 11 2025

HRS Aluglaze IPO GMP: Day 1 IPO Live Updates

The HRS Aluglaze IPO GMP is ₹15.5 as of 11th December 2025. It is a bookbuilding IPO of ₹50.92 crores. This is an entirely fresh issue of 0.53 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 18th December 2025. The face value of HRS Aluglaze IPO shares is ₹10 per share, and the IPO price band is ₹94 to ₹96 per share. Retail investors can bid for a minimum of 2 lots of 2,400 shares worth ₹2,30,400.

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HRS Aluglaze IPO GMP Grey Market Premium

As mentioned earlier, the HRS Aluglaze IPO GMP currently stands at ₹15.5 per share. Thus, the estimated listing price would be flat at ₹115.50. This indicates that the estimated listing gain in this IPO could be 16.15%. Explore the table for Riddhi Display Equipment IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
11-12-2025	₹96.00	₹15.50	₹111.50	16.15%
10-12-2025	₹96.00	₹15.50	₹111.50	16.15%
9-12-2025	₹96.00	₹0.00	₹96.00	0.00%
8-12-2025	₹96.00	₹0.00	₹96.00	0.00%
7-12-2025	₹96.00	₹0.00	₹96.00	0.00%

Note: GMP details are subject to change based on market conditions and fluctuations. Check live HRS Aluglaze IPO GMP status at Univest.

HRS Aluglaze IPO Details

IPO Allotment Date	16th December 2025
IPO Open Date	11th December 2025
IPO Close Date	15th December 2025
Refund Initiation	17th December 2025
Issue Size	53,04,000 shares(aggregating up to ₹50.92 Cr)
Face Value	₹10 per share
Lot Size	1,200 Shares
Issue Price	₹94 to ₹96 per share
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Listing Date	18th December 2025

Also Read: HRS Aluglaze IPO GMP & Review: Apply or Avoid?

Explanation

HRS Aluglaze IPO: HRS Aluglaze IPO Limited has declared an issue price band of ₹94 to ₹96 per share. With this IPO, the company allows retail investors to bid for at least 2 lot of 2,400 shares, each worth ₹2,30,400. The face value of HRS Aluglaze IPO Limited shares is ₹10 per share. The shares of HRS Aluglaze IPO Limited will be listed on BSE and SME on its tentative listing day, 18th December 2025. Scroll down to check GMP updates and HRS Aluglaze IPO reviews.

HRS Aluglaze IPO Objectives

The primary aim of the HRS Aluglaze IPO is to raise ₹50.92 crores. On the other hand, HRS Aluglaze has decided to utilise these funds in different ways.

Funding capital expenditure to set up an assembly & glass glazing line at Rajoda, Ahmedabad, for façade work.
Funding of the working capital requirements of the Company
For general corporate purposes

HRS Aluglaze IPO Registrar

Purva Sharegistry India Private Limited is the registrar for the HRS Aluglaze IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the HRS Aluglaze allotment and refund, you can contact Purva Sharegistry India Private Limited at newissue@purvashare.com or +91-022-23018261/ 23016761.

HRS Aluglaze IPO Review

The HRS Aluglaze IPO has gained neutral ratings from industry experts, brokers, and institutional investors. HRS Aluglaze Limited’s revenue increased by 56% from ₹26.97 crores in March 2024 to ₹42.14 crores in March 2025. Moreover, the company’s PAT increased by 188% from ₹1.79 crores in March 2024 to ₹5.15 crores in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the HRS Aluglaze IPO or not.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	26.07
EPS (Earnings Per Share)	3.68
RoNW	34.24%
ROCE	15.97%
ROE	34.24%
EBITDA Margin	25.42%
Price to Book Value	6.53
Market Capitalisation	₹185.11 Cr

The PE ratio of HRS Aluglaze Limited shares is 26.07, and its Earnings Per Share (EPS) stands at 3.68. Thus, the HRS Aluglaze IPO can deliver gains on its tentative listing date, 17th December 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of HRS Aluglaze Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	26.07	20.40
EPS	3.68	4.71

FAQs on HRS Aluglaze IPO

What is the HRS Aluglaze IPO GMP?

Currently, on 11th December 2025, the HRS Aluglaze IPO GMP (Grey Market Premium) stands at ₹15.5. This indicates that the estimated listing price could be ₹111.50 per share.

What is the issue price of HRS Aluglaze IPO?

The HRS Aluglaze IPO issue price band is set at ₹94.00 to ₹96.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 2,400 shares, worth ₹2,30,400. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹3,45,600.

Who is the registrar of the HRS Aluglaze IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the HRS Aluglaze IPO, download the HRS Aluglaze IPO RHP and HRS Aluglaze IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.