HRS Aluglaze's Rs 50.9 cr SME IPO opens Dec 11

• HRS Aluglaze's Rs 50.9 crore SME IPO will open for public subscription on December 11 and close on December 15.
• The IPO is priced at Rs 94-96 per equity share and will list on BSE SME with a tentative listing date of December 18.
• The entirely fresh issue of 53.04 lakh equity shares aims to raise Rs 50.92 crore.
• Proceeds will fund working capital (Rs 19 crore) and establish an assembly & glass glazing line in Ahmedabad (Rs 18.30 crore).
• HRS Aluglaze specializes in the design, manufacturing, and installation of aluminium products, including windows, doors, and glazing systems.

Why It Matters: This SME IPO offers a new investment opportunity.