As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.

SymbolVMM
Issue Period11-Dec-2024 to 13-Dec-2024
Cut-off time for UPI Mandate Confirmation"13-Dec-2024 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate."
Issue SizeInitial Public Offer of Offer for Sale of Rs. 80,000 million
Issue Type100% Book Building
Price RangeRs. 74 to Rs. 78 per Equity Share
Face ValueRs.10 per Equity Share
Tick SizeRe.1
Bid Lot190 Equity Shares and in multiples thereof
Minimum Order Quantity190 Equity Shares
Maximum Subscription Amount for Retail Investor"Rs. 2,00,000"
IPO Market Timings10.00 a.m. to 5.00 p.m.
Book Running Lead Managers"Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Intensive Fiscal Services Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Private Limited"
Sponsor BankICICI Bank Limited and Kotak Mahindra Bank Limited
Categories"FI, IC, MF, FII, OTH, CO, IND, NOH"
Sub-Categories applicable for UPIIND (upto 5 Lakhs)
Name of the RegistrarKFin Technologies Limited
Address of the Registrar"Selenium, Tower B, Plot No-31 and 32 Financial District, Nanakramguda,Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India"
Contact person name number and Email id"M. Murali Krishna , +91 1800 309 4001,vmm.ipo@kfintech.com"
e-form linke-Forms
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA formSCSB List
Ratios / Basis of Issue Pricedownload Ratios / Basis of Issue Price attachment download
Red Herring Prospectusdownload Red Herring Prospectus attachment download
Bidding Centersdownload Bidding Centers attachment download
Sample Application Formsdownload Sample Application Forms attachment download
Security Parameters (Pre Anchor)download Security Parameters (Pre Anchor) attachment download
Processing of ASBA ApplicationsNSE Circular on ASBA Application Processing
Remark"The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only."
List of mobile applications accepting UPI as Payment OptionMobile APP for UPI
Video link for UPI based ASBA processUPI Based ASBA Process
Video link for BHIM UPI RegistrationBHIM UPI Registration