HRS Aluglaze Limited
ListedSMEManufacturing · BSE
HRS Aluglaze Ltd, incorporated in 2012, designs, manufactures, and installs aluminium products such as windows, doors, curtain walls, cladding, and glazing systems. The company offers both standard and customized solutions to builders, contractors, architects, and institutions, along with material supply and procurement support. Its manufacturing facility in Rajoda, Bavla, Ahmedabad, Gujarat, spans 11,176 square meters and is equipped with CNC precision machinery and powder coating facilities, with an additional 13,714 square meter expansion proposed. As of September 30, 2025, the company has 28 active projects and employs around 90 personnel, including skilled, semi-skilled, and unskilled workers, across various functions.
Price Band
₹94 – ₹96
Issue Size
₹50.92 Cr
Lot Size
1200 shares
GMP
₹16
+16.7%
Est. Listing
₹112
at current GMP
Subscribed
44.90x
overall
Open
11 Dec 2025
Close
15 Dec 2025
Allotment
16 Dec 2025
Refund
17 Dec 2025
Demat Credit
18 Dec 2025
Listing
18 Dec 2025
Last updated 12 days ago
Live Grey Market Premium
HRS Aluglaze Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹16+16.7%
Issue Price (Upper)
₹96
Band: ₹94 – ₹96
Estimated Listing Price
₹112
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,15,200
Estimated Profit / Lot
₹19,200
1200 × ₹16
HRS Aluglaze Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹16
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹16 | 16.7% | ₹112 |
| 30 Oct 2026 | +₹16 | 16.7% | ₹112 |
| 29 Oct 2026 | +₹14 | 15.0% | ₹110 |
GMP is unofficial market data. Not a guarantee of listing performance.
About HRS Aluglaze Limited Public Issue & Market Profile
HRS Aluglaze Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹50.92 Crores. The shares are offered at a price band of ₹94 to ₹96 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,15,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-18, while un-allotted funds or UPI block mandates will be released on 2025-12-17.
Frequently Asked Questions
What is HRS Aluglaze Limited IPO GMP today?
The latest grey market premium for HRS Aluglaze Limited IPO is ₹16, which indicates an expected listing price of ₹112.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.