HRS Aluglaze SME IPO: GMP IPO Today, Subscription Status & Listing Date

HRS Aluglaze IPO GMP Today & Subscription Status

The **HRS Aluglaze Ltd IPO** is a construction sector SME issue specializing in aluminum glazing and façade engineering. The issue opened on December 11 and closes on December 15, 2025. Initial subscription rates suggest low enthusiasm, making the **IPO GMP Today** crucial for final-day applications.

This post covers the essential details, the low initial demand, and the risk analysis for this SME listing.

⏳ Subscription Status: As of Day 2, the overall subscription rate is low (1.8 times), driven mostly by retail interest.

HRS Aluglaze IPO GMP Today

The current **GMP IPO** is subdued, reflecting the low subscription numbers. Investors are waiting for institutional buyers to step in.

Metric Value (Dec 12, 2025)
Current IPO GMP ₹5 - ₹8 (Estimated)
Price Band ₹94 - ₹96 per share
Lot Size 1,200 Shares

Subscription Status Update (Day 2 Data)

The issue has not been fully subscribed in all categories yet, making it a high-risk bet for retail investors.

Category Subscription (Times)
QIB 1.1x
NII (HNI) 1.4x
Retail Investors 2.7x
Total 1.8x

Financials and Risks

HRS Aluglaze operates in the construction material supply chain, which is heavily dependent on the real estate sector. Its P/E ratio is quite high at 35.9x, suggesting a premium valuation.

Recommendation: Given the high P/E and the low final-day demand, this IPO carries significant risk. Only investors willing to take a high risk for moderate gains should consider applying. The low **IPO GMP Today** suggests a flat listing is probable. [Internal Link: Link to your 'GMP Today' comprehensive post.]

Disclaimer: This content is for informational purposes only. Consult a financial advisor.