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Stock Based Compensation (Tables)
6 Months Ended
Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Option Value and Assumption

 

 

 

 

 

 

 

 

 

 

 

 

Fair value per share (as of grant date)

 

 

 

 

 

 

 

 

 

$

10.83

 

Exercise price

 

 

 

 

 

 

 

 

 

$

0

 

Assumptions:

 

 

 

 

 

 

 

 

 

 

 

Volatility

 

 

 

 

 

 

 

 

 

 

30.82

%

Expected dividends

 

 

 

 

 

 

 

 

 

 

0.00

%

Expected term (in years)

 

 

 

 

 

 

 

 

 

1.5

 

Risk free rate

 

 

 

 

 

 

 

 

 

 

5.24

%

Schedule of RSU Vesting Activity

RSU vesting schedule for year ended

 

 

 

 

 

 

 

 

 

As of
September 30,
2024

 

March 2025

 

 

 

 

 

 

 

 

 

 

79,995

 

March 2026

 

 

 

 

 

 

 

 

 

 

9,579,589

 

March 2027

 

 

 

 

 

 

 

 

 

 

63,336

 

Summary of Restricted Stock Units Activity

Stock option activity

 

 

 

 

 

 

 

 

 

As of
September 30,
2024

 

Opening unvested units (as of April 01, 2024)

 

 

 

 

 

 

 

 

 

 

9,707,928

 

Granted

 

 

 

 

 

 

 

 

 

 

215,000

 

Exercised

 

 

 

 

 

 

 

 

 

 

-

 

Cancelled

 

 

 

 

 

 

 

 

 

 

200,008

 

Closing unvested units

 

 

 

 

 

 

 

 

 

 

9,722,920