This company listed within the last twelve months, so its prospectus is still the
primary source. The figures below were extracted from the DRHP and RHP before listing and scored then,
and they are shown here as they stand in the IPO record rather than restated.
₹113
SME platform
₹25.00 cr
+18.4%
The business
The numbers as filed
The offer, ownership and risks
Subscription
How the book filled. A category that bid far above the rest is a different signal from a uniformly covered issue.
Overall subscription, by day
29-09-20265.09x
28-09-20260.23x
25-09-20260.04x
Final book, by category
Retail0.05x
Non-institutional0.07x
QIB0x
Reservation
710400
302400
392400
Timeline
2026-09-24
2026-09-25
2026-09-29
2026-09-30
2026-10-01
2026-10-01
2026-10-05
2026-11-10
The offer and who ran it
10
1,200
271,200
MAASHITLA SECURITIES PRIVATE LIMITED
Reading the numbers on this pagetwo bases, both shown
What the filings we hold do not give
Models that need these lines are withheld rather than estimated: two comparable financial years. Nothing on this page is back-solved from a figure the company did not publish.
Growth & valuation workspace
Set your own assumptions and watch the numbers move. A scenario calculator — the outputs are the arithmetic of your inputs.
User-driven scenario tool. Implied value and CAGR follow only from the assumptions you set — not a FinMinutes forecast, recommendation, or target price.
Ownership & Skin in the Game
Promoter—
FII—
DII—
Power vitalsthe numbers this business is run on
What this sector is read on: Capacity, PLF or PAF, Generation, Regulated equity, Receivable days, Merchant share. These come from the filings, not the market feed, and appear here once a quarter is read.
Read using the Power and utilities framework(from the listed sector). Primary valuation lens: P/B against allowed RoE.
3 standard reads withheld or marked as expected here, and why
Capacity is added in large blocks.
Not a growth-software business.
Regulated cash cycles.
Read more closely in this sector: Regulatory receivables and late payment surcharge · Capacity announced against commissioned.
Others in Power Generation/Distribution
The same read, applied to the companies this one competes with.
DISCLAIMER: FinMinutes is a financial data and analytics platform, not a registered investment adviser. Everything here is for educational and informational purposes. Forensic interpretations are computed from disclosed data and are not recommendations. Do your own due diligence.