Public Listing

Category: SME IPO

  • Admach Systems

    Admach Systems IPO Analysis: Your Complete Guide to the BSE SME Offering

    Decoding the Admach Systems SME IPO: A Comprehensive Investor Briefing

    Published on Publiclisting.in

    The Indian public market, particularly the SME segment, continues to offer exciting opportunities for investors looking for growth-oriented companies. One such upcoming event capturing attention is the Initial Public Offering (IPO) from Admach Systems Limited. This book-building issue on the BSE SME platform promises to be a significant event. Before diving in, it is crucial for potential investors to understand every facet of this offering, from the company’s core business to its financial health and listing details. This detailed analysis aims to equip you with the necessary knowledge to make an informed decision.

    Understanding Admach Systems Limited: Core Business and Offerings

    Incorporated in 2008, Admach Systems Limited has established itself as a key player in the engineering sector, specializing in the design, manufacturing, export, and supply of customized special-purpose machines and automation systems. Their expertise caters to demanding industries such as steel, automotive, food processing, and general engineering.

    Key Product Segments:

    • Black Bar Solutions: Focused on the efficient handling and transportation of raw iron black bars.
    • Bar Straightener Machine: Essential for ensuring the dimensional accuracy (straightness) of alloy steel bars post-hot rolling.
    • Bright Bar Solutions: Involves processing bars to achieve peeled and defect-tested quality, including specialized packaging.
    • Automation & Specialised Machinery: Includes robotic material handling systems, assembly machines, packaging machines, and product design services.

    The company operates from its modern manufacturing facility located in Pune, Maharashtra. A notable point reflecting strong demand is the company’s 100% capacity utilization achieved in FY 2024–25, signaling robust operational efficiency.

    Admach Systems IPO: Key Subscription and Pricing Details

    The Admach Systems IPO is structured as a fresh issue, aiming to raise capital entirely through the issuance of new shares. This move is designed to fuel internal growth initiatives outlined in their objectives.

    IPO Snapshot Summary:

    DetailValue
    Issue TypeBookbuilding IPO (Fresh Issue)
    Total Issue Size₹42.60 Crores (17,82,600 Shares)
    Face Value Per Share₹10
    Price Band₹227 to ₹239 per share
    Listing PlatformBSE SME

    Investment Requirements (Lot Size Details):

    Investors must adhere to the prescribed lot sizes for bidding. Note that the minimum investment is calculated based on the upper end of the price band (₹239).

    Investor CategoryApplication LotsMinimum SharesMinimum Investment (Approx.)
    Individual Investor (Retail – Min)2 Lots1,200₹2,86,800.00
    S-HNI (Min)3 Lots1,800₹4,30,200.00

    IPO Timeline: Key Dates at a Glance

    For prompt participation, staying aware of the tentative schedule is vital. Here is the crucial timeline for the Admach Systems IPO:

    MilestoneTentative Date
    IPO Opens for SubscriptionTuesday, December 23, 2025
    IPO Closes for SubscriptionFriday, December 26, 2025
    Tentative Allotment FinalizationMonday, December 29, 2025
    Initiation of Refunds/Share Credit to DematTuesday, December 30, 2025
    Tentative Listing Date on BSE SMEWednesday, December 31, 2025

    Note on Bidding Deadline: Ensure your UPI mandate confirmation reaches the cut-off time of 5 PM on the closing date (December 26, 2025) for your application to be considered.

    Allocation Strategy: Who Gets What?

    The total IPO size of 17,82,600 shares is distributed across various investor categories, reflecting the typical structure for an SME public offering:

    Investor CategoryShares OfferedPercentage (%)
    Retail Individual Investors (RII)7,21,20040.46%
    Qualified Institutional Buyers (QIB – Total)5,92,20033.22%
    — QIB (Excluding Anchor)2,55,60014.34%
    Non-Institutional Investors (NII/HNI)3,79,80021.31%
    Anchor Investors3,36,60018.88%
    Market Maker Reservation89,4005.02%

    Financial Health and Performance Indicators

    A close look at the restated financial data from the RHP provides insight into the company’s recent growth trajectory. The figures indicate a substantial upward trend in performance leading up to the IPO.

    Select Financial Highlights (Amount in ₹ Crore):

    Period Ended31 Mar 202431 Mar 2025
    Total Income19.8053.52
    Profit After Tax (PAT)3.356.10
    Total Assets35.7855.90
    Total Borrowing15.5910.66

    Analysis Note: Revenue grew by approximately 170% and PAT by 82% between FY24 and FY25, showcasing aggressive top-line expansion supported by improving profitability.

    Key Performance Indicators (KPIs as of March 31, 2025):

    KPIValue
    Return on Equity (ROE)43.94%
    Return on Capital Employed (ROCE)44.00%
    Debt to Equity Ratio0.48
    PAT Margin11.43%

    Valuation Snapshot: Pre and Post-IPO Metrics

    The IPO pricing sets the company’s valuation. Understanding the change in Earnings Per Share (EPS) and the Price-to-Earnings (P/E) ratio post-issue is vital for judging the offer’s attractiveness relative to its current profitability.

    MetricPre-IPOPost-IPO (Tentative)
    EPS (Rs)12.2217.82
    P/E Ratio (x)19.5613.41
    Promoter Holding71.87%52.95%

    The reduction in promoter holding indicates the dilution resulting from the fresh issue, bringing the public float to a higher percentage.

    Objectives of the Fund Raise

    The capital infusion sought via this IPO is earmarked for specific growth and operational needs:

    • Capital Expenditure: Approximately ₹16.47 Crore allocated for purchasing and installing new machinery to enhance production capabilities.
    • Working Capital: ₹15.50 Crore dedicated to strengthening the company’s working capital requirements.
    • General Corporate Purposes: Funds reserved for general business requirements, providing organizational flexibility.

    Structural Analysis: Strengths, Weaknesses, Opportunities, and Threats (SWOT)

    Competitive Edge (Strengths):

    • Proven management team supported by experienced promoters.
    • Established relationships leading to a diversified customer portfolio.
    • Strong focus on quality control processes across specialized machinery production.

    Areas for Vigilance (Weaknesses):

    • Reliance on the SME listing platform, which may entail lower liquidity compared to main boards initially.
    • Capital-intensive nature of the business requiring continuous investment in machinery.

    Potential for Expansion (Opportunities):

    • Growing domestic demand for automation and specialized manufacturing solutions across key industries.
    • Potential to increase export footprint leveraging existing manufacturing base.

    External Risks (Threats):

    • Fluctuations in raw material costs, particularly steel components, impacting margins.
    • Intense competition within the specialized machinery manufacturing space.

    Key Intermediaries for the IPO Process

    The smooth execution of the IPO relies on expert management and oversight from dedicated intermediaries.

    Book Running Lead Manager (BRLM):

    • Aftertrade Broking Pvt.Ltd. is steering the issue management.

    Registrar to the Issue (RTI):

    • Maashitla Securities Pvt.Ltd. will handle allotment processing and refunds.
    • Contact details: +91-11-45121795-96, ipo@maashitla.com.

    Market Makers:

    To ensure liquidity post-listing on the BSE SME, the designated Market Makers include NNM Securities Pvt.Ltd. and Aftertrade Broking Pvt.Ltd.

    Frequently Asked Questions About the Admach Systems IPO

    What is the minimum investment required for a retail investor?
    A retail investor must bid for a minimum of 2 lots (1,200 shares), requiring an investment of approximately ₹2,86,800 at the upper price band.
    How can one apply for shares in this IPO?
    Applications can be submitted online using either the ASBA facility through your bank’s net banking portal or via the UPI mandate process facilitated by your brokerage platform.
    What is the expected listing date?
    The tentative listing date for Admach Systems Limited on the BSE SME exchange is projected to be Wednesday, December 31, 2025.
    Where can I check the final allotment status?
    The allotment status will be available once finalized on Monday, December 29, 2025. Typically, the Registrar to the Issue makes this information available on their website.

    Disclaimer: The information provided is based on publicly available filings and data sources. Investment in the stock market, especially SME IPOs, carries inherent risks. Conduct thorough due diligence before making any investment commitments.

    © 2025 Publiclisting.in. All rights reserved.

  • Nanta Tech

    Nanta Tech IPO: Unpacking the Details for Aspiring Investors on Publiclisting.in

    Publiclisting.in Insight

    Your Trusted Source for Public Market Offerings

    **Nanta Tech IPO: Comprehensive Analysis of the Upcoming BSE SME Offering**

    The public market is buzzing with anticipation as Nanta Tech Limited prepares to launch its Initial Public Offering (IPO). This SME IPO, slated for a late December launch, presents an opportunity for investors to delve into a company rooted in the dynamic fields of Audio Visual (AV) integration, robotics, and software solutions. Before committing capital, a thorough understanding of the offering’s structure, financials, and future plans is essential. Here at Publiclisting.in, we break down everything you need to know about the Nanta Tech IPO.

    Quick Snapshot: Nanta Tech Ltd. is launching a Bookbuilding IPO on the BSE SME platform, aiming to raise ₹31.81 Crores entirely through a fresh issue of equity shares.

    **Understanding the Core Business of Nanta Tech Ltd.**

    Incorporated in 2023, Nanta Tech has strategically positioned itself at the intersection of technology and physical infrastructure. Their services cater to a diverse clientele spanning corporate offices, educational institutions, and the hospitality sector.

    Key Business Pillars:

    • AV Integration Services: Providing end-to-end solutions including system design, integration, management, and crucial on-site support for AV setups.
    • Product Supply & Distribution: Distributing a wide array of AV hardware, including LED screens, professional displays, video conferencing gear, and accessories under their proprietary brand, “NANTA.”
    • Service Robots: Supplying service robots under the “ALLBOTIX” brand, often utilized for event demonstrations.
    • Software Development: Developing in-house customized software solutions, including AI tools and mobile applications, to bridge digital platforms with physical systems.

    The company leverages a robust network of dealers and distributors across India to maintain its market reach.

    **Nanta Tech IPO: Key Subscription and Pricing Details**

    The IPO details confirm this is a small to mid-size issue focused on raising growth capital, exclusively through new shares (Fresh Issue).

    IPO at a Glance:
    AttributeDetail
    Issue TypeBookbuilding IPO (Fresh Issue)
    Total Issue Size (Approx.)₹31.81 Crores
    Face Value Per Share₹10
    Price Band₹209.00 to ₹220.00
    Total Shares Offered14.46 Lakh Equity Shares
    Listing PlatformBSE SME

    **Investment Lot Size for Retail and HNI Applicants**

    For retail investors, the investment structure is based on specific lot sizes. Note the minimum investment requirement, which is substantial for an SME offering.

    Investor CategoryApplication LotsShares AppliedApprox. Investment (at Upper Price Band)
    Retail Individual Investor (Minimum)2 Lots1,200₹2,64,000.00
    S-HNI (Minimum)3 Lots1,800₹3,96,000.00
    B-HNI (Minimum)8 Lots4,800₹10,56,000.00

    **The IPO Timeline: Critical Dates to Remember**

    Navigating the IPO process requires strict adherence to the schedule. The bidding window is short, and confirmation deadlines must be met.

    IPO Opens
    Milestone EventTentative Date
    IPO Subscription OpensTuesday, December 23, 2025
    IPO Subscription ClosesFriday, December 26, 2025
    Finalization of Share AllotmentMonday, December 29, 2025
    Initiation of Refunds / Credit to DematTuesday, December 30, 2025
    Tentative Listing Date (BSE SME)Wednesday, December 31, 2025

    Note: All dates are tentative and subject to final regulatory approvals. Ensure UPI mandate confirmation by 5 PM on Dec 26, 2025.

    **Capital Allocation Strategy: Where Will the Funds Go?**

    The primary goal of this IPO is clearly directed towards internal expansion and operational efficiency improvements.

    Objectives of the Issue (Net Proceeds Utilization):
    1. Capital Expenditure: Allocation of approximately ₹14.05 Crores is earmarked for establishing an experience center cum product display area.
    2. Working Capital: A significant portion, around ₹10.50 Crores, will be utilized to bolster the company’s working capital requirements.
    3. General Corporate Purposes: Remaining funds will be allocated for general organizational needs.

    **Shareholding Structure and Promoter Strength**

    The promoter group maintains a significant stake, indicating strong confidence in the company’s future trajectory.

    Holding StatusSharesPercentage
    Pre-Issue Share Holding36,84,17079.88%
    Post-Issue Share Holding51,30,170Calculated Post-Dilution

    The company is promoted by Mayank A Jani and Jani Mansiben Manyankumar.

    **Financial Health Snapshot (Restated Figures in ₹ Crore)**

    Analyzing the past financial performance shows strong growth momentum leading up to the filing date.

    Metric30 Sep 2025 (Interim)31 Mar 2025 (FY End)31 Mar 2024 (FY End)
    Total Income21.5551.2426.60
    Profit After Tax (PAT)1.934.762.59
    Total Assets37.3531.2315.54
    Total Borrowing0.700.50N/A

    It is noteworthy that revenue grew by 93% and Profit After Tax increased by 84% between FY24 and the subsequent financial year ending March 31, 2025.

    **Valuation Metrics (As of March 31, 2025)**

    Key Performance Indicator (KPI)Value (as of Mar 31, 2025)
    Return on Equity (ROE)47.12%
    Return on Capital Employed (ROCE)50.66%
    Debt-to-Equity Ratio0.04
    PAT Margin9.29%
    Price to Book Value (P/BV)5.73x
    Pre-IPO EPS (₹)12.91
    Post-IPO P/E Ratio (x)29.19

    **Internal Strength Assessment: SWOT Analysis**

    To provide a balanced view, here is a fundamental analysis of Nanta Tech’s operational landscape.

    StrengthsWeaknesses
    • Diverse product portfolio applicable across multiple customer segments.
    • Established distribution and dealer network.
    • Strong client relationships built over time.
    • Low existing debt level (D/E Ratio of 0.04).
    • Relatively new entity (Incorporated in 2023), limiting long-term performance track record.
    • High reliance on a few key promoters and Directors for expertise.
    • Being an SME listing, liquidity might be lower post-listing compared to main board stocks.
    OpportunitiesThreats
    • Growing demand for sophisticated AV integration in commercial spaces.
    • Potential expansion into new geographical areas via existing distribution channels.
    • Synergistic growth potential between software development and service robotics divisions.
    • Intense competition in the AV product supply segment from established players.
    • Rapid technological obsolescence in the AV and robotics industries requires constant R&D spending.
    • Economic slowdowns could impact corporate and hospitality spending on new tech solutions.

    **Intermediaries Guiding the Process**

    The success and smooth execution of an IPO rely heavily on the appointed intermediaries.

    • Book Running Lead Manager (BRLM): Smart Horizon Capital Advisors Pvt.Ltd. is managing the issue.
    • Registrar to the Issue (RTI): Bigshare Services Pvt.Ltd. will handle the post-IPO administrative tasks, including allotment and refunds. Contact details for the registrar are available for direct investor queries.
    • Market Maker: Shreni Shares Ltd. has been appointed as the Market Maker to ensure post-listing liquidity.

    **Investor Checklist: What to Confirm Before Applying**

    Before placing bids, especially in the SME segment, certain preparatory steps are recommended.

    • Review Documentation: Carefully examine the Red Herring Prospectus (RHP) for detailed risk factors and operational background.
    • Payment Readiness: If applying via UPI, ensure your mandate confirmation reaches the required cut-off time promptly.
    • Lot Size Adherence: Confirm that your application quantity is in multiples of the prescribed lot size (600 shares).

    This SME IPO marks an interesting entry point into the technology integration space. While the financial growth is impressive, prospective investors should weigh the SME segment risks against the high valuation multiples.

    © 2025 Publiclisting.in. All rights reserved.

    Disclaimer: The information provided is based on publicly available data and analysis for informational purposes only. Consult a qualified financial advisor before making investment decisions.

  • Dhara Rail Projects

    Dhara Rail Projects IPO: A Deep Dive into the Upcoming NSE SME Offering

    Publiclisting.in Insight: Navigating the Dhara Rail Projects IPO

    Your comprehensive guide to the upcoming IPO opportunity.

    The Indian capital market is buzzing with activity, and the upcoming Initial Public Offering (IPO) from **Dhara Rail Projects Ltd.** is capturing significant attention, especially within the SME segment. This book-building issue, slated to list on the NSE SME platform, presents an opportunity for investors to gain exposure to a company deeply embedded in the vital Indian Railways infrastructure sector. To make an informed decision, it is crucial to dissect every facet of this offering, from company operations to financial health and IPO mechanics.

    Understanding Dhara Rail Projects Ltd.: Core Business

    Dhara Rail Projects Ltd., established in 2010 and holding ISO 9001:2015 certification, specializes in essential services for railway rolling stock systems. Their primary focus is on maintaining and upgrading the critical electrical and mechanical systems that keep trains running safely and efficiently.

    Key Areas of Operation:

    • Annual Maintenance Contracts (AMC) and specialized repairs for train lighting systems, including cutting-edge platforms like Vande Bharat.
    • Maintenance and repair services for Overhead Equipment (OHE) maintenance vehicles (Tower Wagons).
    • Servicing and repairing Power Car equipment and HVAC systems integrated within train coaches.
    • End-to-end services, including Supply, Installation, Testing, and Commissioning (SITC) of electrical components for various rolling stock.
    • Providing outsourced manpower for coach operations and immediate troubleshooting support.

    Competitive Edge and Market Position:

    The company leverages several strengths in a demanding industry:

    • Strong Order Book: A substantial diversified order book, valued at approximately ₹14,409.81 lakhs as of September 29, 2025, ensures revenue visibility.
    • Geographical Reach: Revenue generation from multiple geographies within India provides diversification benefits.
    • Clientele: Consistent engagement with the Ministry of Railways, Government of India, either through direct tenders or collaborations with Original Equipment Manufacturers (OEMs).
    • Management Expertise: The company is guided by an experienced senior management team.

    The IPO Snapshot: Key Details at a Glance

    This is a book-building IPO amounting to ₹50.20 Crores, consisting entirely of a fresh issue of equity shares. Investors should note the specific price band and lot sizes associated with this SME offering.

    Initial Public Offering Summary:
    • Issue Type: Bookbuilding IPO (Fresh Issue)
    • Total Issue Size: ₹50.20 Crores (39.84 lakh shares)
    • Listing Exchange: NSE SME

    IPO Subscription Timetable:

    The window for subscribing to the Dhara Rail Projects IPO is limited. Ensure timely action based on the following tentative dates:

    Progress Tracker (Subscription Window):

    5%
    MilestoneTentative Date
    IPO Opens for SubscriptionTuesday, December 23, 2025
    IPO Closes for SubscriptionFriday, December 26, 2025 (5 PM UPI Cut-off)
    Tentative Allotment FinalizationMonday, December 29, 2025
    Initiation of Refunds / Credit to DematTuesday, December 30, 2025
    Tentative Listing Date on NSE SMEWednesday, December 31, 2025

    Pricing and Investment Structure:

    The IPO is structured with a defined price band. The lot size dictates the minimum investment requirement for retail participants.

    ParameterDetails
    Face Value₹10 per share
    Price Band₹120.00 to ₹126.00 per share
    Minimum Lot Size (Retail)1,000 Shares
    Minimum Retail Investment (at Upper Price)₹2,52,000.00

    Financial Health and Performance Metrics

    Analyzing the company’s financial trajectory is key to assessing investment viability. Data shows a strong upward momentum in profitability over recent fiscal years.

    Financial Summary (Amounts in ₹ Crore):

    Metric30 Sep 2025 (Interim)FY 2025FY 2024FY 2023
    Total Income28.8348.0034.2327.39
    Profit After Tax (PAT)7.066.532.971.06
    Total Assets61.7346.2447.2933.98
    Total Borrowing21.2921.3328.1722.74

    Note: Revenue increased by 40% and PAT surged by 120% between the fiscal year ended March 31, 2024, and March 31, 2025.

    Key Performance Indicators (KPIs) Analysis (As of Mar 31, 2025):

    KPIValue
    Return on Equity (ROE)67.85%
    Return on Capital Employed (ROCE)25.59%
    PAT Margin14.67%
    Debt/Equity Ratio1.66

    Shareholding Structure and Valuation Context

    The IPO involves a dilution of promoter holding, which is common in public offerings to raise capital and increase public float.

    Pre and Post-IPO Shareholding:

    Holding CategoryPre-Issue (%)Post-Issue (%)
    Promoter Holding98.33%72.36%

    Earnings Per Share (EPS) & P/E Ratio Comparison:

    The transition from Pre-IPO to Post-IPO EPS indicates potential future earnings power post-capital infusion.

    MetricPre-IPO EPS (Rs)Post-IPO P/E (x)
    Valuation Metric5.8813.45

    Deployment of IPO Funds: Stated Objectives

    The capital raised from this offering is earmarked for specific strategic purposes, primarily bolstering operations and reducing existing liabilities.

    Primary Use of Net Proceeds (₹ Crores):
    • Working Capital Requirements: ₹30.50 Cr
    • Repayment/Pre-payment of Borrowings: ₹7.00 Cr
    • General Corporate Purposes: Remaining allocation

    Sectoral Analysis: Potential Strengths and Weaknesses (SWOT Overview)

    An unbiased evaluation requires looking at internal capabilities against external risks inherent in the specialized railway maintenance sector.

    Dhara Rail Projects SWOT Analysis:

    CategoryKey Points
    Strengths (S)Established presence with the Ministry of Railways; Strong interim financial growth (PAT up 120% Y-o-Y); Diverse service portfolio across rolling stock maintenance.
    Weaknesses (W)High promoter holding pre-IPO suggests limited immediate liquidity; Reliance on government tenders may present cyclical risks.
    Opportunities (O)Government focus on modernizing railway infrastructure (e.g., Vande Bharat maintenance contracts); Expansion into newer technologies within rolling stock services.
    Threats (T)Intense competition in the maintenance segment; Changes in government procurement policies; Extended payment cycles from large government clients.

    Key Intermediaries Facilitating the IPO

    The smooth execution of the IPO relies heavily on experienced managers and registrars.

    Lead Manager and Registrar Details:

    Book Running Lead Manager (BRLM): Hem Securities Ltd.

    Registrar and Share Transfer Agent: Bigshare Services Pvt.Ltd.

    • Registrar Contact: +91-22-6263 8200
    • Registrar Email: ipo@bigshareonline.com

    Market Maker: Hem Finlease Pvt.Ltd.

    Investor Guidance: How to Participate

    For those looking to apply, the process is streamlined through standard market mechanisms. A common method involves utilizing popular retail brokerage platforms.

    Applying via Popular Brokerage Platforms (General Procedure):

    Most investors apply through ASBA (Application Supported by Blocked Amount) via net banking or directly through broker portals using UPI mandates.

    • Log into your chosen broker’s trading portal (e.g., Console, platform back office).
    • Navigate to the IPO application section.
    • Select the Dhara Rail Projects IPO.
    • Specify the number of lots (minimum 2 lots for retail) and the price (cut-off price recommended for book-building issues unless aiming for a specific price).
    • Confirm the UPI mandate via your banking or UPI application promptly before the cut-off time.

    Conclusion: Final Thoughts on the SME Offering

    The Dhara Rail Projects IPO presents an opportunity to invest in a specialized engineering services provider linked to the stable growth trajectory of Indian Railways. With robust recent financial performance, clear objectives for utilizing the IPO proceeds—focused heavily on working capital—and a defined role in critical maintenance services, the fundamentals appear positive. However, as with all SME issues, investors must recognize the higher risk profile associated with smaller entities and weigh the current valuation metrics against long-term growth potential in this niche sector before committing capital.

    © 2025 Publiclisting.in. All rights reserved. Information provided is based on publicly available prospectus details and market analysis.

  • Sundrex Oil

    Unveiling Sundrex Oil Co. Ltd.: Your Guide to the Latest NSE SME IPO

    Your comprehensive look into the upcoming public offering.

    The Initial Public Offering (IPO) landscape is constantly evolving, bringing new opportunities for investors. Recently, the SME sector has seen increased activity, and Sundrex Oil Company Limited is set to join this dynamic segment. As a manufacturer and wholesaler of high-performance lubricants, Sundrex Oil is offering its shares to the public through a Book Building IPO. This detailed analysis aims to provide you with all the essential information needed to make an informed decision regarding this exciting new listing on the NSE SME platform.

    Understanding Sundrex Oil Company Ltd.

    Established in 2010, Sundrex Oil has carved a significant niche in the industrial and automotive lubricant market across India and neighbouring regions. Their core competency lies in producing high-quality greases and specialty products.

    Core Business and Offerings

    • Manufacturing and wholesale of industrial and automotive lubricants and greases.
    • Diverse product portfolio including Hydraulic Oil, Gear Oil, Transformer Oil, and Diesel Engine Oil.
    • Offers contract manufacturing, toll blending, and private labeling services, allowing other businesses to market products under their own brand.
    • Employs a skilled workforce and operates with a focus on cost leadership through efficiency.

    Key Strengths of the Company

    • Robust in-house manufacturing capabilities supported by state-of-the-art quality control.
    • Strategic operational locations providing logistical advantages.
    • A direct sales model coupled with a well-diversified client base minimizes dependency risks.
    • Management emphasizes vertical integration and continuous product line expansion.

    The Sundrex Oil IPO Snapshot

    This is a fresh issue, meaning the capital raised will go directly into the company’s growth and operational needs. Here are the critical details:

    DetailInformation
    Issue TypeBook Building IPO (Fresh Issue)
    Total Issue Size (Approx.)₹ 32.25 Crores
    Listing PlatformNSE SME
    Face Value per Share₹ 10.00
    Price Band₹ 81.00 to ₹ 86.00 per share
    Lot Size (Minimum Application)1,600 Shares
    Minimum Retail Investment₹ 2,75,200.00 (for 2 lots)

    IPO Timeline: Key Dates to Note

    Missing a date in the IPO process can mean missing out on the opportunity. Please note these tentative dates:

    IPO Opens Mon, Dec 22, 2025
    IPO Closes Wed, Dec 24, 2025
    Tentative Allotment Finalization Fri, Dec 26, 2025
    Tentative Listing Date (NSE SME) Tue, Dec 30, 2025

    Reservation and Allocation Structure

    The total issue size of 37,50,400 shares is divided across different investor categories. Understanding these quotas is crucial for assessing demand and allotment probability.

    Investor CategoryShares OfferedPercentage (%)
    Retail Individual Investors (RII)20,89,60055.72%
    Non-Institutional Investors (NII/HNI)13,96,80037.24%
    Qualified Institutional Buyers (QIB)75,2002.01%
    Market Maker Reservation1,88,8005.03%
    Total Shares Offered37,50,400100.00%

    Investment Flexibility (Lot Size Details)

    Investors can apply in multiples of the base lot size. The minimum retail investment is calculated based on the upper band price of the issue.

    Application TypeLotsSharesApprox. Amount (at Upper Price)
    Retail Investor (Minimum)23,200₹ 2,75,200.00
    Small HNI (Minimum)34,800₹ 4,12,800.00

    Company Financial Health Check

    Analyzing the historical financials provides context for the company’s valuation. Sundrex Oil has shown significant growth trajectory leading up to the IPO filing.

    Key Financial Metrics (Amount in ₹ Crore)

    Metric30 Jun 2025 (Interim)Mar 31, 2025Mar 31, 2024
    Total Income19.1869.1249.19
    Profit After Tax (PAT)1.945.442.57
    Total Borrowing17.1317.3813.63
    Net Worth17.2215.283.96

    Notably, the revenue jumped by 41% and Profit After Tax (PAT) showed an impressive rise of 112% between the financial year ending March 2024 and March 2025, signaling strong operational improvement.

    Profitability and Valuation Ratios (As of Mar 31, 2025)

    Key Performance IndicatorValue
    Return on Equity (ROE)35.63%
    Debt to Equity Ratio1.14
    PAT Margin8.10%
    Price to Earning (P/E) Ratio (Post-IPO Basis)10.69x

    Governance and Objectives

    Promoter Information and Holding

    • The company is promoted by Mr. Mahesh Sonthalia, Mr. Shashank Sonthalia, and Mr. Aman Sonthalia.
    • Promoter Holding Pre-Issue: 100.00% (This indicates full promoter confidence before the public offering).

    Use of IPO Proceeds

    The funds raised through this public issue are earmarked for key strategic areas:

    ObjectiveEstimated Amount (₹ Cr.)
    Working Capital Requirements20.87
    Capital Expenditure0.73
    Prepayment/Repayment of Loans2.58
    General Corporate Purposes & ExpensesBalance

    Intermediaries and Support Structure

    Reliable intermediaries ensure smooth execution of the IPO process.

    Key Contacts

    • Book Running Lead Manager (BRLM): Affinity Global Capital Market Pvt.Ltd.
    • Registrar: Cameo Corporate Services Ltd. (Contact: +91-44-28460390, investor@cameoindia.com)
    • Market Maker: Sunflower Broking Pvt.Ltd.

    Preliminary SWOT Analysis for Sundrex Oil IPO

    A balanced view requires assessing both internal capabilities and external factors.

    Strengths (Internal Positives)

    • Strong profitability growth reflected in PAT increase.
    • Comprehensive product range in high-demand industrial and automotive segments.
    • Complete promoter holding pre-IPO suggests alignment of interests.

    Weaknesses (Internal Challenges)

    • Moderate Debt-to-Equity ratio (1.14) indicates reliance on borrowings alongside equity.
    • Reliance on the SME platform, which may have lower liquidity compared to the main board initially.

    Opportunities (External Potential)

    • Growing Indian industrial and automotive sectors create sustained demand for lubricants.
    • Expansion of contract manufacturing services offers revenue diversification.

    Threats (External Risks)

    • Volatility in crude oil prices, a primary raw material, impacting cost structure.
    • Intense competition from established large-scale players in the lubricant market.

    Final Thoughts on Participation

    The Sundrex Oil IPO presents an entry point into a company demonstrating solid financial acceleration, particularly in PAT growth. The issue is priced reasonably, evidenced by its P/E multiple relative to its earnings history. As the entire offering is a fresh issue, the capital injection is directly beneficial for scaling operations and meeting working capital needs, which is the primary objective. Investors researching SME IPOs should closely monitor the subscription data once the window opens, as SME listings often see high retail interest.

    Disclaimer: This analysis is based on publicly available data and is for informational purposes only. Investment decisions should be made after thorough personal research and consultation with a financial advisor.

    © 2025 Publiclisting.in. All rights reserved.

  • EPW India

    EPW India IPO Analysis: Dive Deep into the Upcoming NSE SME Offering

    Publiclisting.in Analysis: Decoding the EPW India SME IPO

    Your comprehensive guide to understanding the upcoming offering from the IT refurbishing specialist.

    Introduction: Navigating the SME IPO Landscape

    The Indian primary market continues to buzz with activity, particularly in the SME segment, which offers growth-oriented businesses a platform to raise capital. EPW India Ltd. is stepping into the spotlight with its Initial Public Offering (IPO) on the NSE SME exchange. For investors keenly watching the SME space, understanding the fundamentals of this IT electronics refurbishing company is crucial before committing capital.

    This detailed analysis breaks down every essential aspect of the EPW India IPO, from its business model and financial trajectory to the specifics of the issue and what it means for potential shareholders.

    Understanding EPW India Ltd.: The Business at a Glance

    EPW India specializes in the refurbishment and resale of IT electronics, catering to both businesses (B2B) and individual consumers (B2C). They transform used laptops, desktops, Chromebooks, and peripherals into reliable, cost-effective IT solutions.

    Core Business Strengths

    • End-to-End Refurbishment: Operating a substantial in-house facility spanning 4,500 sq. ft., handled by 32 dedicated technicians. The refurbishment process is rigorous, involving 15–20 days of testing, repair, cleaning, and software installation.
    • Diverse Portfolio: Offering a wide array of products including laptops, desktops, and accessories.
    • Market Segmentation: In the last fiscal year (FY 2025), the revenue split showed a slight leaning towards the direct-to-consumer segment (54.29%), with B2B sales contributing the remaining 45.20%.
    • Operational Advantages: The company emphasizes reliable warranty service and benefits from the expertise of its promoters and management team in the IT hardware sector.

    EPW India IPO: Key Issue Details

    This is a Bookbuilding issue aiming to raise ₹31.81 Crores entirely through a fresh issue of equity shares. Here is the snapshot of the offering:

    DetailValue
    Issue TypeFresh Issue (Bookbuilding IPO)
    Total Issue Size32,79,600 Equity Shares (Agg. up to ₹31.81 Cr)
    Face Value per Share₹5
    Price Band₹95.00 to ₹97.00 per share
    Listing ExchangeNSE SME

    IPO Timeline Overview (Tentative Schedule)

    Understanding the dates is key for timely application and tracking.

    Dates Fixed
    EventTentative Date
    IPO Opens for SubscriptionMonday, December 22, 2025
    IPO Closes for SubscriptionWednesday, December 24, 2025
    Anchor Investor Bid DateFriday, December 19, 2025
    Tentative Allotment FinalizationFriday, December 26, 2025
    Initiation of Refunds/Credit to DematMonday, December 29, 2025
    Tentative Listing Date on NSE SMETuesday, December 30, 2025

    Important Note: UPI mandate confirmation cut-off is 5 PM on the closing date (Dec 24, 2025).

    Investment Structure and Lot Size Requirements

    The IPO proceeds are allocated across different investor categories. Retail Individual Investors (RIIs) form a substantial part of the public offering.

    Allocation Breakdown

    Investor CategoryShares OfferedPercentage of Net Offer
    Market Maker Reservation1,64,400 shares5.01%
    QIB (Qualified Institutional Buyers)15,55,200 shares47.42%
    NII (Non-Institutional Investors)4,68,000 shares14.27%
    RII (Retail Individual Investors)10,92,000 shares33.30%
    Total Shares Offered32,79,600100.00%

    Lot Size and Investment Implications

    The minimum application size dictates the entry point for retail investors.

    • Lot Size: 1,200 shares.
    • Minimum Retail Investment (2 Lots): ₹2,32,800 (based on the upper price band of ₹97).
    • HNI Minimum Investment (3 Lots): ₹3,49,200.

    Financial Performance Snapshot: A Look at Growth Trajectory

    Analysis of the restated consolidated financials reveals significant recent growth, though this requires careful scrutiny given the nature of the business.

    Select Financial Highlights (Amounts in ₹ Crore)

    Metric31 Mar 202431 Mar 202530 Sep 2025 (Half-Year)
    Total Income18.5553.3444.04
    Profit After Tax (PAT)0.744.334.02
    Net Worth0.955.289.23
    Total Borrowing0.2312.2516.96

    Observation: The figures show substantial increases in income and PAT between FY24 and FY25. However, the total borrowing also shows an upward trend.

    Key Performance Indicators (as of March 31, 2025)

    • Return on Equity (ROE): A very strong 139.17%
    • Return on Capital Employed (ROCE): 35.03%
    • PAT Margin: 8.13%
    • Debt/Equity Ratio: 2.32 (indicating reliance on debt financing relative to equity)

    Valuation Metrics and Promoter Structure

    Comparing pre-IPO and post-IPO earnings per share (EPS) gives an indication of immediate dilution and potential valuation.

    Valuation Comparison

    MetricPre-IPO (Based on FY25 Earnings)Post-IPO (Annualized Sep ’25 Earnings)
    EPS (Rs)5.287.01
    P/E Ratio (x)18.3613.84

    Promoter Holding & Control

    • Promoters: Yousuf Uddin, Mohd. Fasi Uddin, and Mohd. Zaki Uddin.
    • Promoter Holding Pre-Issue: 100%
    • Promoter Holding Post-Issue: Expected to be around 71.43% (indicating significant dilution for public float).

    Anchor Investors: Early Confidence Signals

    The company successfully garnered interest from large institutional investors prior to the public opening, raising ₹9.04 crore from anchor investors on December 19, 2025.

    Anchor Investor Lock-in Details

    Lock-in PeriodEnd Date
    50% of Anchor Shares (30 Days)Sunday, January 25, 2026
    Remaining Shares (90 Days)Thursday, March 26, 2026

    IPO Objectives and Intermediaries

    Utilizing the Raised Capital

    The net proceeds are earmarked primarily for funding growth and stabilizing the balance sheet:

    • Working Capital Requirements: ₹15.85 Crore
    • Repayment of Banking Facilities: ₹8.50 Crore
    • General Corporate Purpose

    Key Intermediaries

    RoleEntity
    Book Running Lead Manager (BRLM)GetFive Advisors Pvt.Ltd.
    Registrar to the IssueBigshare Services Pvt.Ltd. (Contact: +91-22-6263 8200)
    Market MakerSMC Global Securities Ltd.

    SWOT Analysis of EPW India Ltd.

    A balanced view requires assessing internal capabilities against external market dynamics.

    Strengths (Internal Positives)

    • Established infrastructure for high-quality refurbishment.
    • Strong year-over-year revenue and PAT growth in recent financial periods.
    • Experienced leadership team familiar with IT asset management.

    Weaknesses (Internal Limitations)

    • High level of debt reflected in the current Debt/Equity ratio.
    • Reliance on inventory acquisition for refurbishing operations.
    • Significant promoter stake reduction post-IPO might affect short-term control perception.

    Opportunities (External Favorable Factors)

    • Growing demand for affordable, sustainable IT solutions, especially in non-metro areas.
    • Potential to expand B2B contracts through competitive pricing models.

    Threats (External Challenges)

    • High competition in the fragmented IT refurbishing market.
    • Rapid technological obsolescence requiring continuous process adaptation.
    • Potential volatility in sourcing quality used IT hardware.

    Initial Investor Sentiments and Pricing Assessment

    While the final subscription status will dictate immediate market demand, initial professional commentary often highlights pricing concerns relative to sudden financial spikes.

    Some market analysis suggests that the substantial recent jump in top-line and bottom-line figures, while impressive, warrants closer examination for long-term sustainability, especially when viewing the issue price against these figures. For risk-averse investors, prudence may be advised when evaluating this potentially highly-priced SME offering.

    Recommendation Summary: Given the aggressive pricing coinciding with rapid financial acceleration in a competitive field, careful due diligence is warranted. Investors should weigh the high growth potential against the valuation premium before deciding on subscription.

    Conclusion: Key Takeaways for EPW India IPO Aspirants

    EPW India presents an opportunity to invest in the growing circular economy of IT hardware. The IPO timeline is tight (December 22 to December 24, 2025), demanding prompt action from interested parties.

    The critical factors remain the validation of the recent financial surge and the valuation set by the price band of ₹95 to ₹97. Successfully navigated IPOs often align with strong operational track records; therefore, prospective applicants must match the company’s high growth figures with realistic expectations for the post-listing performance on the NSE SME platform.

    © 2025 Publiclisting.in. All rights reserved. This analysis is for informational purposes only.

  • Dachepalli Publishers

    Dachepalli Publishers IPO Analysis: Unpacking the Details for Investors

    Decoding the Dachepalli Publishers IPO: Your Comprehensive Guide for Publiclisting.in

    The Indian capital market is abuzz with the upcoming SME IPO from Dachepalli Publishers Ltd. As investors navigate the flood of new offerings, understanding the fundamental details of each listing is paramount. This analysis dives deep into the Dachepalli Publishers IPO, providing clarity on its structure, financial health, and objectives.

    Dachepalli Publishers: An Overview of the Business

    Dachepalli Publishers Limited is a significant player in the Indian educational publishing sector. Their core business revolves around creating and distributing curriculum-aligned educational materials designed for school and college levels.

    Key Business Highlights:

    • Focus on educational content: Textbooks, reference materials, and academic aids.
    • Extensive Portfolio: As of 2025, the company boasts over 600 titles under six recognized brands, including Apple Book and Pelican Publishing House.
    • Market Reach: Operates across 10 states and union territories, supported by a distribution network comprising 300 dealers and distributors.
    • Sales Volume: Successfully sold over 4 million books in the fiscal year 2025.

    Competitive Edge:

    The company emphasizes several strengths that position it well in the competitive K-12 segment:

    • Proven industry presence and established trust.
    • Commitment to integrating modern learning frameworks like NEP 2020.
    • In-house capabilities for content development and printing.
    • A consumer-focused approach to educational material creation.

    Dachepalli Publishers IPO Snapshot: Key Facts at a Glance

    This Bookbuilding IPO is entirely a fresh issue aimed at raising capital for future growth and operational needs.

    DetailInformation
    Issue TypeBookbuilding IPO (Fresh Issue)
    Total Issue Size₹40.39 Crores
    Total Shares Offered39,60,000 Equity Shares
    Listing ExchangeBSE SME
    Face Value₹10 per share
    Price Band₹100.00 to ₹102.00 per share
    Market Capitalization (Pre-IPO)₹152.76 Crore

    IPO Timeline: Mark Your Calendar

    The subscription window is brief, requiring interested investors to be prepared with their application strategies.

    MilestoneTentative Date
    IPO Opens for SubscriptionMonday, December 22, 2025
    IPO Closes for SubscriptionWednesday, December 24, 2025
    Initiation of RefundsMonday, December 29, 2025
    Credit of Shares to Demat AccountsMonday, December 29, 2025
    Tentative Listing Date on BSE SMETuesday, December 30, 2025

    Note on Application Cut-off: Investors using the UPI mandate system must confirm their application by 5 PM on the closing day, Wednesday, December 24, 2025.

    Investment Structure: Lot Size and Application Minimums

    Understanding the lot size is crucial for calculating the minimum investment required, especially for retail participants.

    Investor CategoryApplication LotsShares per LotMinimum Investment Amount (Upper Price)
    Individual Investor (Retail – Min/Max)2 Lots2,400 Shares₹2,44,800.00
    S-HNI (Small HNI – Min)3 Lots3,600 Shares₹3,67,200.00
    B-HNI (Bigger HNI – Min)9 Lots10,800 Shares₹11,01,600.00

    The lot size for this SME IPO is fixed at 1,200 shares. Retail investors must apply for a minimum of 2 lots.

    Allocation Strategy: Who Gets What?

    The IPO allocation is divided across various investor segments, with significant portions reserved for QIBs and Retail Individual Investors (RIIs).

    Investor CategoryShares Offered (Approximate)
    Qualified Institutional Buyers (QIB)47.42%
    Non-Institutional Investors (NII/HNI)14.27%
    Retail Individual Investors (RII)33.27%
    Market Maker Reservation5.03%

    Anchor investors have been allocated a substantial 28.42% of the total shares prior to the main subscription opening.

    Financial Performance Snapshot & Valuation Metrics

    Analyzing the company’s financials from the Restated Statements reveals a strong trajectory in profitability.

    Revenue and Profit Growth:

    Between the fiscal year ending March 31, 2024, and March 31, 2025, the company demonstrated significant momentum:

    • Revenue saw an increase of approximately 26%.
    • Profit After Tax (PAT) grew substantially by 128% during the same period.

    Balance Sheet & Profitability Indicators (As of March 31, 2025):

    Key Performance Indicator (KPI)Value (as of FY25 End)
    Return on Equity (ROE)32.12%
    Return on Capital Employed (ROCE)18.22%
    PAT Margin11.83%
    EBITDA Margin19.53%
    Price to Book Value (Pre-IPO)4.11 times

    Earnings and Valuation Comparison:

    MetricPre-IPO EPS (Rs)Post-IPO EPS (Rs)P/E Ratio (x)
    Value6.8610.1714.86 (Pre-IPO) / 10.03 (Post-IPO)

    Shareholding Structure:

    • Pre-Issue Promoter Holding: 88.07%
    • Post-Issue Promoter Holding: 64.78% (Dilution due to fresh issue)

    The promoters include Mr. Vinod Kumar Dachepalli, Mr. Rushikesh Dachepally, Mrs. Manjula Dachepalli, Mr. Harish Kumar Dachepalli, and Mr. Abhinav Dachepally.

    Strategic Use of IPO Proceeds

    The capital raised through this public offering is earmarked for specific strategic purposes designed to strengthen the company’s foundation and operational capacity.

    ObjectiveAllocated Amount (₹ in Crores)
    Financing Working Capital Requirements25.00
    Partial or Full Repayment of Existing Borrowings6.00
    General Corporate Purposes(To be met from remaining proceeds)

    Intermediaries for the Offering

    The successful execution of the IPO relies on specialized financial and administrative partners.

    Book Running Lead Manager:

    Synfinx Capital Pvt.Ltd. is managing the offering.

    Registrar and Market Maker:

    • Registrar: Bigshare Services Pvt.Ltd. They handle administrative tasks like allotment processing and refunds. Contact details include phone: +91-22-6263 8200 and email: ipo@bigshareonline.com.
    • Market Maker: JSK Securities & Services Pvt.Ltd. has been appointed to maintain liquidity for the shares post-listing on the SME exchange.

    SWOT Analysis for Dachepalli Publishers Ltd.

    A balanced view requires assessing internal capabilities and external factors affecting the business.

    Strengths (Internal Positives)

    • Strong foothold and trust built over years in the education publishing space.
    • Robust in-house capabilities for developing content and managing printing operations.
    • Modern approach, aligning content with current educational frameworks.

    Weaknesses (Internal Limitations)

    • High pre-issue promoter holding suggests significant dilution post-IPO.
    • Reliance on physical distribution networks which can be subject to logistical friction.

    Opportunities (External Favorable Factors)

    • Growing demand for high-quality, curriculum-aligned educational materials across India.
    • Potential for increased penetration in untapped regional markets.
    • Leveraging digital formats to supplement existing print sales.

    Threats (External Challenges)

    • Intense competition from established national publishers and new digital education platforms.
    • Regulatory changes in the education sector could necessitate rapid content overhaul.

    Investor Takeaway: Making an Informed Decision

    The Dachepalli Publishers IPO presents an opportunity to invest in an established entity within the critical education sector, evidenced by strong recent financial growth—particularly the significant PAT jump.

    The primary objectives of the IPO—funding working capital and reducing debt—suggest a focus on operational efficiency and balance sheet strengthening. For those looking at SME listings, it is vital to monitor the subscription status closely, as SME IPOs often see high retail interest. Prospective investors should weigh the company’s established market presence against the inherent risks associated with SME listings before committing capital.

    © 2025 Publiclisting.in. All rights reserved. Investment decisions should be based on thorough personal research and consultation with a financial advisor.

  • Phytochem Remedies (India)

    Phytochem Remedies IPO Analysis: Fixed Price Issue on BSE SME

    Unpacking the Phytochem Remedies (India) Ltd. SME IPO on Publiclisting.in

    The Indian capital markets continue to buzz with activity, and the SME segment is proving to be a vibrant space for growth-oriented companies. Phytochem Remedies (India) Ltd. is hitting the market with a Fixed Price IPO, aiming to raise capital for expansion and debt reduction. For retail and HNI investors looking to understand the nuances of this offering, a detailed analysis is essential. This post breaks down everything you need to know about this upcoming BSE SME listing.

    Company Snapshot: What Phytochem Remedies Does

    Established in 2002, Phytochem Remedies (India) Limited is a focused manufacturer based in Jammu. The company specializes in creating corrugated board solutions and corrugated boxes, which are vital packaging components for several key industries.

    Core Business and Product Portfolio

    The company serves a diverse clientele across sectors like:

    • Food & Beverages
    • Fast-Moving Consumer Goods (FMCG)
    • Pharmaceuticals
    • Pesticides
    • Automotive

    Their primary products include:

    • Corrugated Boxes (available in 3-Ply, 5-Ply, & 7-Ply structures)
    • Printed Corrugated Boxes
    • Corrugated Rolls, Pads, and Sheets

    The manufacturing operations are spread across two units in Bari Brahmana, Jammu, indicating a physical infrastructure backbone ready to support future growth.

    Key Strengths Driving the Business

    Understanding the competitive advantages helps gauge the long-term potential of the investment:

    • Stable Client Relations: The company boasts long-standing relationships with a reliable customer base.
    • Financial Consistency: A proven track record of sustained financial performance and growth trajectory.
    • Manufacturing Capabilities: Well-established facilities are positioned for expansion and embracing technological advancements with a focus on sustainability.
    • Product Diversification: A wide range of packaging products suitable for numerous industry applications provides resilience.

    Phytochem Remedies IPO: The Crucial Details

    This is a Fixed Price Issue, meaning the price per share is set rather than determined through bidding.

    IPO Summary Table

    AttributeDetail
    Issue TypeFixed Price IPO (Fresh Issue)
    Total Issue Size₹38.22 Crores (39.00 Lakh Shares)
    Face Value₹10 per share
    Issue Price₹98.00 per share
    Listing ExchangeBSE SME
    Pre-IPO Market Cap₹115.39 Crores

    Tentative IPO Timeline and Schedule

    Investors must note these dates carefully for application deadlines and allotment tracking:

    MilestoneTentative Date
    IPO OpensThursday, December 18, 2025
    IPO ClosesMonday, December 22, 2025
    Allotment FinalizationTuesday, December 23, 2025
    Initiation of RefundsWednesday, December 24, 2025
    Credit of Shares to DematWednesday, December 24, 2025
    Tentative Listing DateFriday, December 26, 2025

    Note on Application: The cut-off time for confirming UPI mandates is 5 PM on the closing day, Monday, December 22, 2025.

    Investment Lot Size and Retail Limits

    For retail participation, the investment structure is strictly defined:

    Investor CategoryMinimum LotsShares AppliedMinimum Investment Amount (Upper Price)
    Individual investors (Retail)2 Lots2,400₹2,35,200.00
    HNI (Minimum Bid)3 Lots3,600₹3,52,800.00

    The minimum application size requires an outlay of ₹2,35,200 for retail investors.

    Share Allocation Structure

    The total 39,00,000 shares are distributed across different investor pools:

    Investor CategoryShares OfferedPercentage Allocation
    Market Maker1,96,8005.05%
    NII (HNI)18,51,60047.48%
    Retail Individual Investors (RII)18,51,60047.48%
    Total Offered39,00,000100.00%

    Financial Health and Performance Indicators

    Examining the recent financial trends reveals the company’s performance leading up to the IPO.

    Revenue and Profit Growth Analysis

    Between the fiscal year ending March 31, 2024, and March 31, 2025, the company demonstrated significant acceleration, with revenue growing by 12% and Profit After Tax (PAT) witnessing a substantial rise of 94%.

    Restated Financial Snapshot (Amounts in ₹ Crore)

    Metric30 Sep 2025 (Interim)31 Mar 202531 Mar 202431 Mar 2023
    Total Income25.0136.8132.9020.83
    Profit After Tax (PAT)3.754.482.310.82
    Total Borrowing19.3218.6921.0220.30

    Key Operational Metrics (As of Mar 31, 2025)

    These ratios offer insights into efficiency and leverage:

    Key Performance Indicator (KPI)Value
    Return on Equity (ROE)34.07%
    Return on Capital Employed (ROCE)25.29%
    Debt/Equity Ratio1.42
    PAT Margin12.25%
    EBITDA Margin23.78%
    Price to Book Value2.35

    Earnings Per Share (EPS) and Valuation Change

    Valuation MetricPre-IPO EPS (Rs)Post-IPO EPS (Rs)
    EPS5.686.38
    P/E Ratio (x)17.2415.37

    Capital Structure and Promoter Background

    Shareholding Transition

    The IPO involves a significant dilution of the promoter stake as new shares are being issued:

    • Promoter Holding Pre-Issue: 100.00%
    • Promoter Holding Post-Issue: 66.88%

    The promoters guiding the company are Aditi Bohra, Bohra Agrifilms Private Limited, Niranjan Surana, and Shilpa Surana.

    IPO Proceeds Utilization Plan

    The primary objective of raising ₹38.22 Crores is earmarked for tangible business improvement and financial strengthening:

    Objective of the IssueEstimated Amount (₹ in Cr.)
    Funding Capital Expenditure (Equipment/Machinery Purchase)13.60
    Funding Capital Expenditure (Civil Construction)5.88
    Repayment/Pre-payment of Borrowings9.37
    General Corporate Purposes5.64

    Key Intermediaries for the IPO

    The successful execution of the IPO relies on experienced partners:

    • Book Running Lead Manager (BRLM): Mefcom Capital Markets Ltd.
    • Registrar to the Issue: Bigshare Services Pvt.Ltd. (Contact: +91-22-6263 8200, ipo@bigshareonline.com)
    • Market Maker: Aftertrade Broking Pvt.Ltd. (Responsible for maintaining post-listing liquidity)

    SWOT Analysis for Phytochem Remedies

    A balanced view requires assessing internal strengths and weaknesses against external opportunities and threats.

    Strengths (Internal Positive)

    • Strong, established customer relationships.
    • Demonstrable growth in PAT recently.
    • Diversified product portfolio across multiple sectors.

    Weaknesses (Internal Negative)

    • Relatively high Debt/Equity ratio (1.42 as of Mar 2025).
    • Significant promoter dilution post-IPO (from 100% to 66.88%).
    • Reliance on fixed pricing mechanism in a typically variable SME IPO market.

    Opportunities (External Positive)

    • Growing demand for organized packaging solutions across industries.
    • Capital infusion targeted towards capacity expansion (CapEx).
    • Potential benefits from expanding the BSE SME listing segment.

    Threats (External Negative)

    • Intense competition within the packaging sector.
    • Fluctuations in raw material costs impacting margins.
    • Slower than expected utilization of new capital expenditure.

    Guidance for Investors Applying to the IPO

    For those looking to participate in the Phytochem Remedies IPO, the process is streamlined through standard market mechanisms. Investors typically use either the UPI-based application method via their broker or the ASBA facility through their net banking portal.

    When applying, ensure your broker supports BSE SME applications. If utilizing UPI, confirm the mandate authorization promptly before the cut-off time. Given the fixed price, assessing the IPO valuation against peers and historical performance, as detailed above, forms the core of the investment decision.

    Subscription status updates closer to the closing date will provide a crucial indicator of market sentiment towards this offering.

    © 2025 Publiclisting.in. All rights reserved. Analysis based on publicly provided IPO documentation.

  • Shyam Dhani Industries Limited

    Unpacking the Shyam Dhani Industries IPO: A Comprehensive Look

    Your Insightful Guide to the Upcoming SME Listing

    Introduction: Tapping into the Spice Sector through SME IPOs

    The Initial Public Offering (IPO) market continues to be a vibrant avenue for capital raising and investor participation. Recently, attention has turned towards the SME segment, where niche businesses seek public listing for expansion. Shyam Dhani Industries Limited, a significant player in the spice and grocery product domain, is entering the market with its Book Building IPO. This comprehensive analysis aims to dissect every crucial aspect of this offering, providing readers with the necessary depth to make informed decisions.

    Understanding Shyam Dhani Industries: Core Business Overview

    Established in 1995, Shyam Dhani Industries Ltd. has carved out a niche as an ISO-certified manufacturer, wholesaler, exporter, and supplier specializing in premium spices and spice powders under the brand name “SHYAM”.

    What the Company Offers:

    • Processes and markets 163 varieties of spices (Ground, Blend, and Whole).
    • Trades and distributes essential Grocery Products like Black Salt, Rock Salt, Rice, and Poha.
    • Offers a variety of seasonings including Organo, Peri Peri, Chilli Flakes, and Tomato Powder.
    • Operations span General Trade, Modern Trade (supermarkets), and Quick Commerce Platforms.
    • Engages in Private Labelling, HoReCa (Hotel, Restaurant, Catering), and Export Sales.

    Competitive Advantages:

    • Commitment to high-quality, natural spices sourced sustainably and ethically.
    • A well-integrated manufacturing facility ensuring cost efficiencies.
    • A diversified product portfolio providing stability against market fluctuations.
    • Strong and consistent historical financial performance.

    Key IPO Subscription Details at a Glance

    This is a Fresh Issue IPO aimed at raising capital primarily for operational expansion and debt reduction. Here are the vital statistics:

    ParameterDetail
    Issue TypeBookbuilding (Fresh Issue)
    Total Issue Size (Shares)54.98 Lakh Shares
    Total Issue Value₹ 38.49 Crore
    Face Value Per Share₹ 10.00
    Price Band₹ 65.00 to ₹ 70.00
    Listing PlatformNSE SME

    IPO Timeline Visualization (Tentative Schedule)

    Understanding the key dates is crucial for timely application and allotment tracking.

    IPO Open DateMon, Dec 22, 2025
    IPO Close DateWed, Dec 24, 2025
    Tentative Allotment DateFri, Dec 26, 2025
    Shares Credit DateMon, Dec 29, 2025
    Tentative Listing DateTue, Dec 30, 2025

    Timeline Progress:

    Investment Sizing: Understanding Lot Requirements

    The minimum application requirement defines accessibility for retail investors. Bids must be placed in multiples of the specified lot size.

    Applicant TypeLots AppliedShares AppliedInvestment Amount (at Upper Price)
    Retail Investor (Minimum)24,000₹ 2,80,000
    S-HNI (Minimum)36,000₹ 4,20,000
    B-HNI (Minimum)816,000₹ 11,20,000

    *Note: Investment amounts calculated using the upper band price of ₹70 per share.

    IPO Allocation Structure (Reservation)

    The distribution of shares across various investor classes follows a defined structure for this SME offering:

    Investor CategoryShares AllocatedPercentage (%)
    Retail Individual Investors (RII)18,28,00033.25%
    Qualified Institutional Buyers (QIB)26,04,00047.36%
    – Anchor Investors Portion15,60,00028.37%
    Non-Institutional Investors (NII)7,86,00014.30%
    Market Maker Reservation2,80,0005.09%

    Financial Health and Valuation Snapshot

    Analyzing the restated consolidated financial figures gives an indication of the company’s growth trajectory leading up to the IPO.

    Financial Performance Highlights (Amounts in ₹ Crore)

    MetricMar ’24Mar ’25
    Total Income107.64124.75
    Profit After Tax (PAT)6.308.04
    EBITDA10.8814.52
    Total Borrowing24.4547.24

    Observation: The data indicates a positive growth trajectory, with revenue increasing by approximately 16% and PAT rising by about 28% between FY24 and FY25.

    Key Performance Indicators (KPIs) as of March 31, 2025

    KPIValue
    Return on Equity (ROE)41.06%
    Return on Capital Employed (ROCE)39.00%
    Debt-to-Equity Ratio2.00
    PAT Margin6.45%
    Price to Book Value (Pre-IPO)4.41x

    Valuation Metrics Comparison

    Valuation MetricPre-IPO ValuePost-IPO Value
    Earnings Per Share (EPS)₹ 5.31₹ 4.07
    P/E Ratio (x)13.1917.21

    Management and Governance Structure

    Promoter Stake and Governance:

    • The company is promoted by Mr. Ramawtar Agarwal, Mrs. Mamta Devi Agarwal, and Mr. Vithal Agarwal.
    • The Promoter Holding pre-IPO stands impressively high at 98.11%.

    Key Intermediaries:

    RoleName of Entity
    Book Running Lead Manager (BRLM)Holani Consultants Pvt.Ltd.
    Registrar to the IssueBigshare Services Pvt.Ltd.
    Market MakerHolani Consultants Pvt.Ltd.

    For detailed queries, the Registrar can be reached via Email at ipo@bigshareonline.com or by phone at +91-22-6263 8200.

    Strategic Deployment of IPO Proceeds

    The capital raised is earmarked for tangible growth drivers and balance sheet strengthening.

    ObjectiveAmount Allocation Focus (Relative Size)
    Funding Incremental Working CapitalHighest Allocation
    Part Repayment of Existing Cash CreditSignificant Portion
    Machinery Purchase for Existing UnitCapital Expenditure
    Solar Rooftop InstallationSustainability Investment
    General Corporate PurposesRemainder

    SWOT Analysis for Shyam Dhani Industries IPO

    A balanced view requires considering internal strengths and weaknesses alongside external opportunities and threats.

    Strengths (Internal Positives):

    • Established brand presence (“SHYAM”) within the spice market.
    • High operating efficiency suggested by strong ROCE and ROE figures.
    • Highly concentrated promoter holding suggests strong management confidence.
    • Diversified distribution channels reaching multiple consumer segments.

    Weaknesses (Internal Challenges):

    • Relatively high Debt-to-Equity ratio (2.00) necessitates careful capital management post-listing.
    • High reliance on the promoters, common in SME listings.
    • The company’s fixed asset utilization efficiency needs ongoing monitoring against rising borrowings.

    Opportunities (External Potential):

    • Growing consumer demand for packaged, branded, and quality-certified spices, both domestically and internationally.
    • Potential for expansion into value-added food products leveraging existing supply chains.
    • Efficiency gains through investment in new machinery funded by the IPO.

    Threats (External Risks):

    • Volatility in raw material prices (agricultural commodities) impacting margins.
    • Intense competition from established national and regional FMCG players.
    • Regulatory changes in food safety and export standards.

    Investor Takeaways: How to Approach the IPO

    This SME IPO presents an opportunity to invest in a company with demonstrated growth in a resilient sector like packaged foods and spices. The high post-IPO P/E ratio (17.21x) suggests that the market expectation for future earnings growth is already factored into the price band.

    For potential investors, particular attention should be paid to:

    • The post-listing subscription figures, which often signal market sentiment for SME stocks.
    • The company’s ability to manage and gradually reduce its existing debt load using the raised capital.
    • How effectively the new machinery investment translates into improved margins in the coming fiscal years.

    © 2025 Publiclisting.in. All rights reserved. | Information presented is based on publicly available data for analytical insight.

  • MARC Technocrats Limited

    Unpacking the MARC Technocrats IPO: Your Essential Guide

    Insights, Financials, and What Investors Need to Know

    The Initial Public Offering (IPO) market continues to buzz with activity, and the upcoming launch from MARC Technocrats Limited is capturing attention, especially on the NSE SME platform. For astute investors looking to understand the nuances of this infrastructure consultancy player entering the public domain, careful analysis is key. This comprehensive guide breaks down every critical aspect of the MARC Technocrats IPO, from its core business to its financial health and future plans.

    The Core Business: Who is MARC Technocrats?

    Incorporated in August 2007, MARC Technocrats Limited has established itself as a specialized provider of infrastructure consultancy services. They are deeply embedded in the ecosystem of government infrastructure projects, operating predominantly on a Business-to-Government (B2G) model. Their expertise spans the entire project lifecycle, offering crucial support to various government bodies.

    Key Service Offerings:

    • Supervision and stringent Quality Control during project execution.
    • Preparation of Detailed Design & Project Reports (DPRs).
    • Acting as a Third-Party Techno-Financial Auditor.
    • Advisory services, particularly in pre-bid preparation, analyzing technical, financial, and contractual elements of infrastructure tenders.

    Clientele Strength:

    The company boasts a strong base of major clients within the Indian government sector, including key ministries and departments such as:

    • Ministry of Road Transport and Highways (MoRTH)
    • National Highways Authority of India (NHAI)
    • National Highways & Infrastructure Development Corporation Ltd. (NHIDCL)
    • Public Works Departments (PWDs)
    • Railways

    MARC Technocrats IPO Snapshot

    This is a Bookbuilding IPO aiming to list on the NSE SME platform. The total offering size is substantial for an SME issue, involving both a Fresh Issue to fund growth and an Offer for Sale (OFS) component for existing shareholders.

    Key IPO Metrics:

    ParameterDetails
    IPO TypeBookbuilding (Fresh Issue + OFS)
    Total Issue Size₹ 42.59 Crores (45.79 Lakh Shares)
    Price Band₹ 88.00 to ₹ 93.00 per share
    Listing ExchangeNSE SME

    Issue Composition:

    ComponentShares Offered (Approx.)Value (₹ Cr)
    Fresh Issue (New Capital)34.13 Cr34.13
    Offer for Sale (Existing Stake)8.46 Cr8.46

    IPO Subscription Timeline (Tentative Schedule)

    The bidding window is crucial for all applicants. Note the key dates:

    MilestoneTentative Date
    IPO Opening DateWednesday, December 17, 2025
    IPO Closing DateFriday, December 19, 2025
    Allotment FinalizationMonday, December 22, 2025
    Share Credit / Refund InitiationTuesday, December 23, 2025
    Tentative Listing DateWednesday, December 24, 2025

    Application Window Visualization:

    50% Progress

    Investment Structure and Lot Size

    The lot size dictates the minimum investment required. For retail participation, this is a significant amount, indicating the company might be targeting investors comfortable with higher initial deployment in SME listings.

    Investment Requirements:

    Investor CategoryLotsSharesMinimum Investment (₹)
    Retail Investor (Minimum Bid)22,4002,23,200 (at upper band)
    S-HNI (Minimum Bid)33,6003,34,800 (at upper band)

    Reservation Quota Breakdown:

    Investor CategoryShares Offered (%)
    Market Maker5.21%
    Retail Individual Investors (RII)46.91%
    Non-Institutional Investors (NII)46.86%
    Qualified Institutional Buyers (QIB)1.02%

    Company Financial Health Check (Restated Consolidated)

    The financials indicate a robust growth trajectory leading up to the IPO filing. A significant jump in both revenue and profit is evident when comparing the last two fiscal years.

    Performance Summary (₹ in Crore):

    MetricFY 2024FY 2025H1 FY26 (Sep ’25)
    Total Income26.9448.5632.64
    Profit After Tax (PAT)3.457.485.76

    Key Financial Ratios (As of Mar 31, 2025):

    KPIValue
    Return on Equity (ROE)31.00%
    Return on Capital Employed (ROCE)35.63%
    Debt-to-Equity Ratio0.03
    PAT Margin15.66%

    Valuation Snapshot:

    MetricPre-IPO (x)Post-IPO (x)
    Earnings Per Share (EPS)₹5.48₹6.65
    Price-to-Earnings (P/E)16.9713.98

    Ownership and Promoter Structure

    The promoter group maintains a significant stake, though it sees dilution post-listing due to the fresh issue component.

    • Promoters: Mr. Hitender Kumar, Ms. Suman Rathee, and Mr. Norang Rai Loohach.
    • Pre-Issue Promoter Holding: Near absolute at 99.99%.
    • Post-Issue Promoter Holding: Expected to settle around 73.55%.

    IPO Funding Objectives (Use of Proceeds)

    The capital infusion is primarily geared towards internal expansion and operational needs, which suggests a focus on scaling up capacity rather than debt repayment.

    S.No.ObjectiveAmount (₹ in Crores)
    1Funding capital expenditure for equipment/machinery purchase10.25
    2Working Capital Requirement17.50
    3General Corporate Purposes(Balance)

    Key Intermediaries Involved

    The success and smooth execution of any IPO rely heavily on the appointed intermediaries:

    Book Running Lead Manager (BRLM):

    • Narnolia Financial Services Ltd. is managing the book building process for this offering.

    Registrar to the Issue:

    • Maashitla Securities Pvt.Ltd. will handle the allotment and investor communication aspects. (Contact: investor.ipo@maashitla.com)

    Market Maker:

    • Giriraj Stock Broking Pvt.Ltd. has been appointed as the Market Maker to provide liquidity post-listing on the NSE SME.

    Strategic Analysis: Strengths and Weaknesses

    A balanced view requires assessing the company’s internal capabilities against external market challenges.

    Internal Strengths (S):

    • Proven expertise across the complete infrastructure project lifecycle.
    • Strong revenue growth and profitability demonstrated in recent financial periods.
    • High dependency on established government clients, indicating revenue visibility.
    • Low existing debt burden (Debt/Equity ratio of 0.03).

    Potential Weaknesses (W):

    • High concentration risk due to almost exclusive reliance on B2G contracts.
    • Significant promoter shareholding reduction post-IPO (dilution from 99.99% to 73.55%).
    • The P/E multiple may appear stretched relative to historical performance, suggesting an aggressive pricing approach.

    Opportunities (O):

    • The Indian government’s continued focus and high outlay on infrastructure development create a favorable macro environment.
    • Potential to diversify service offerings or gradually enter the B2B consulting space.

    Threats (T):

    • Regulatory changes or delays in government project approvals can directly impact revenue flow.
    • Intense competition within the infrastructure consultancy sector from established and emerging players.

    Concluding Thoughts for Potential Applicants

    MARC Technocrats presents an investment opportunity rooted in India’s core infrastructure growth story. Its strong financial performance in the preceding years, marked by high profitability ratios (ROE 31%, ROCE 35.63%), is attractive. However, investors must weigh this against the inherent competitive nature of the consultancy sector and the pricing of the issue, which appears to factor in substantial future growth.

    For those with a higher risk appetite comfortable with the SME segment and a long-term view aligned with national infrastructure spending, this IPO warrants consideration. It is generally advisable to conduct thorough due diligence on subscription trends closer to the closing date before committing funds.

    © 2025 Publiclisting.in. All rights reserved.

  • Global Ocean Logistics India

    Global Ocean Logistics IPO Analysis: All You Need to Know Before Applying

    Navigating the Global Ocean Logistics IPO: A Comprehensive Look Before You Invest

    The Indian capital markets are buzzing with excitement as Global Ocean Logistics India Limited prepares to launch its Initial Public Offering (IPO). This SME segment offering presents a significant opportunity for investors looking to tap into the dynamic logistics and freight forwarding sector. Before making any investment decision, it is crucial to understand the company’s fundamentals, the offer details, and what the market anticipates. This detailed analysis provides everything you need to know about the upcoming Global Ocean Logistics IPO.

    Understanding Global Ocean Logistics: Core Business Focus

    Global Ocean Logistics India Ltd., established in January 2021, is rapidly carving a niche as a provider of comprehensive, multi-modal logistics solutions globally. Their asset-light model focuses on efficiency and scalability, catering to a broad spectrum of supply chain needs.

    Key Services Offered:

    • Ocean Freight Forwarding: Specializing in Shipping/coastal transportation, including handling Out-of-Gauge (ODC) cargo.
    • Transportation: Robust road and rail logistics solutions.
    • Air Freight Forwarding: Managing air cargo logistics efficiently.
    • Container Freight Station (CFS): Value-added services related to container handling.
    • Custom Clearance: Streamlining import/export procedures.

    The company boasts a strong operational base across major Indian ports—including Nhava Sheva, Mundra, and Chennai—and maintains pan-India coverage across over 23 states. Furthermore, their established agency network allows them to serve importers sourcing from crucial global hubs like Europe, China, and Southeast Asia.

    IPO Snapshot: The Offer Details at a Glance

    This is a Book Building IPO aiming to raise approximately ₹30.41 Crores, entirely through a fresh issue of equity shares, ensuring that the capital directly fuels the company’s growth and working capital needs.

    Key IPO Parameters Table:

    ParameterDetail
    Issue TypeBookbuilding IPO
    Total Issue Size₹30.41 Crores (38.992 Lakh Shares)
    Price Band₹74.00 to ₹78.00 per Equity Share
    Listing ExchangeBSE SME
    Face Value₹10.00 per Share
    Issue ObjectPrimarily Funding Working Capital Requirements

    IPO Timeline: Key Dates to Track

    Investors must adhere strictly to the subscription dates. Below is a tentative schedule:

    MilestoneTentative Date
    IPO OpensWednesday, December 17, 2025
    IPO ClosesFriday, December 19, 2025
    Allotment FinalizationMonday, December 22, 2025
    Credit of Shares to DematTuesday, December 23, 2025
    Tentative Listing DateWednesday, December 24, 2025

    Application Lot Size & Investment Requirements (Retail Category):

    Investment in IPOs is typically done in defined lots. For retail individual investors (RIIs), the minimum commitment is determined by the lot size.

    Application TierLotsSharesMinimum Investment (at Upper Price)
    Retail Investor (Minimum Bid)2 Lots3,200 Shares₹2,49,600.00
    S-HNI (Minimum Bid)3 Lots4,800 Shares₹3,74,400.00

    Investor Allocation Structure

    The total offering of 38,99,200 shares is distributed across various investor categories:

    • Qualified Institutional Buyers (QIB): 47.44% (including Anchor Investors)
    • Non-Institutional Investors (NII/HNI): 14.28%
    • Retail Individual Investors (RII): 33.28%
    • Market Maker Reservation: 5.01%

    Company Financial Health and Performance Indicators

    Examining the recent financial trajectory provides crucial insight into the company’s operational momentum. There appears to be substantial growth between the fiscal years ending March 2024 and March 2025.

    Financial Highlights (Amount in ₹ Crore):

    MetricMar 31, 2024Mar 31, 2025Sep 30, 2025 (Half Year)
    Total Income103.45191.60108.31
    Profit After Tax (PAT)2.636.824.54
    Total Borrowing4.031.154.17

    Key Performance Indicators (KPIs) as of March 31, 2025:

    The company shows strong return ratios, indicative of efficient asset utilization.

    • Return on Equity (ROE): 53%
    • Return on Capital Employed (ROCE): 53%
    • Debt/Equity Ratio: 0.07 (Suggests a relatively low debt burden)
    • PAT Margin: 3.58%

    The Price-to-Book Value ratio stands at 4.73 (Pre-IPO). Post-IPO projections indicate an Earnings Per Share (EPS) of ₹6.29 and a Price-to-Earnings (P/E) multiple of 12.4x.

    Leadership and Ownership Structure

    Promoter Holding:

    The promoters, including Niraj Nandkishor Narsaria and Anand Mehta, currently hold a significant stake, showing strong promoter confidence in the business.

    • Promoter Holding (Pre-Issue): 82.00%

    The IPO involves a fresh issue, meaning the existing promoter stake will see proportionate dilution upon listing.

    Key Intermediaries:

    The successful execution of the IPO relies on experienced intermediaries:

    • Book Running Lead Manager (BRLM): Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
    • Registrar & Share Transfer Agent: Kfin Technologies Ltd.
    • Market Maker: Mansi Share & Stock Broking Pvt.Ltd. (This role helps in maintaining liquidity post-listing on the SME exchange.)

    Analyzing Strengths and Opportunities (SWOT Snapshot)

    A balanced view requires looking beyond the figures to assess the inherent qualities and potential challenges of the business model.

    Competitive Edge and Strengths:

    • Strong, long-term customer relationships across diverse industries.
    • The asset-light operating model fosters higher operational efficiency.
    • Comprehensive service portfolio (Ocean, Air, Road, Customs) offers clients integrated solutions.
    • Experienced, promoter-led management team.

    Potential Weaknesses and Risks:

    • The sector is inherently highly competitive and fragmented.
    • Financial performance witnessed volatility previously, linked to fluctuating global freight charges.
    • The current issue valuation is noted by market observers as potentially aggressive based on recent financial jumps.

    IPO Objectives: Where Will the Funds Go?

    The primary goal for raising capital is focused on strengthening the operational base:

    1. Funding Working Capital Requirements: ₹21.27 Crores allocated for day-to-day operational needs.
    2. General Corporate Purposes: Balance funds reserved for general business activities.

    Frequently Asked Questions (FAQs) about the IPO

    When does the subscription window for Global Ocean Logistics IPO open and close?

    The IPO is scheduled to open on Wednesday, December 17, 2025, and close on Friday, December 19, 2025.

    What is the minimum investment required for a retail applicant?

    The minimum application size is for 2 lots, totaling 3,200 shares, requiring an investment of ₹2,49,600 at the upper price band.

    Which exchange will Global Ocean Logistics be listed on?

    The shares are proposed to be listed on the BSE SME platform.

    How can I apply for this IPO if I use a discount broker?

    Most modern brokers facilitate online applications via UPI mandates or ASBA (Application Supported by Blocked Amount) through net banking platforms.

    Who manages the allotment process?

    Kfin Technologies Ltd. is serving as the Registrar to the Offer, responsible for the fair and timely allotment process.

    Concluding Thoughts on the Global Ocean Logistics SME IPO

    Global Ocean Logistics presents a compelling story of growth within the essential logistics domain, backed by high return ratios in recent periods. However, investors must weigh the aggressive pricing sentiment against the volatility inherent in the freight forwarding industry. Given the SME listing nature and the focus on working capital, this investment might be better suited for well-informed investors with a higher risk appetite looking for medium-term capital appreciation.

    Prospective applicants are strongly advised to review the Draft Red Herring Prospectus (DRHP) thoroughly and consider their own risk profile before participating in the subscription process.