New Delhi, Dec. 15 -- The initial public offering (IPO) of HRS Aluglaze Ltd. is set to hit the Indian primary market on December 11, 2025, and will remain open until December 15, 2025. The company has declared the HRS Aluglaze IPO price band at Rs.94 to Rs.96 per equity share. The public issue is proposed for listing on the BSE SME IPO exchange. The company aims to raise Rs.50.92 crore through this initial public offering by issuing fresh shares.

According to market observers, the company's shares are trading at a substantial premium in the grey market today. They said that company shares are available at a premium of Rs.14 in the grey market today. Cumulative Capital Private Limited is the book-running lead manager, and Purva Sharegistr...