Panchatv Bharat (SME IPO)
📅 Dates: 10-15 September • 💰 Issue Size: ₹24.58 Cr.Complete guide to Panchatv Bharat SME IPO: latest Grey Market Premium (GMP), live bidding subscription status, price band, lot size, financial report, and investment analysis.
📊 Overview & Key Highlights
| Parameter | Details |
|---|---|
| Issue Type | SME IPO (BSE SME) |
| Issue Dates | 10-15 September |
| Price Band | ₹140 |
| Total Issue Size | ₹24.58 Cr. |
| Minimum Market Lot | 2000 shares (Min. Inv: ₹2,80,000) |
| Investor Demand Rating | ⭐⭐☆☆☆ (2/5 - Low / Mild Demand) |
| Listing Price (Debut) | ₹74.60 (-₹18.60 (-19.96%)) |
| Subscription Status | 1.40x (Final / Bidding Closed) |
📅 Tentative Timetable
| IPO Open Date: | September 10, 2026 |
| IPO Close Date: | September 15, 2026 |
| Basis of Allotment: | September 16, 2026 |
| Refunds: | September 17, 2026 |
| Credit to Demat Account: | September 17, 2026 |
| IPO Listing Date: | September 18, 2026 |
📈 Live Subscription Demand
| Category | Subscription Multiplier (x) |
|---|---|
| Qualified Institutional (QIB) | 0.00x |
| Non-Institutional / HNI | 0.39x |
| Retail Individual (RII) | 2.42x |
| Total Subscription | 1.40x (Updated: 07 Oct, 17:58) |
💼 Market Lot & Investment Sizing
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2000 | ₹2,80,000 |
| Retail Maximum | 2 | 2000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 3000 | ₹4,20,000 |
💰 Financial Summary
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹39.31 | ₹36.58 | ₹2.02 | ₹16.88 |
| 2025 | ₹48.99 | ₹45.27 | ₹2.83 | ₹27.16 |
| 2026 | ₹56.87 | ₹51.41 | ₹4.03 | ₹33.78 |
🎯 Investment Analysis & Verdict
📌 Business Model & Revenue Streams
Panchatv Bharat (IPO: 10-15 Sept, Price: ₹140, Lot: 2,000) is a textile asset-light player established in 2024 that outsources denim manufacturing while retaining control over yarn sourcing, dyeing, weaving, finishing, and quality assurance. The company earns its revenue through the wholesale distribution of finished denim fabrics to textile and garment markets across multiple Indian states.🚀 Key Strengths & Growth Drivers
• Asset-Light Scalability: The outsourced manufacturing model combined with end-to-end quality control allows the company to scale rapidly without heavy fixed-asset burdens.• Geographic Reach: A well-established distribution footprint spanning major textile hubs like Delhi, UP, Gujarat, and Rajasthan provides a steady revenue baseline.
• Experienced Leadership: Promoters bring relevant industry experience to navigate volatile textile supply chains and customer relationships.
⚠️ Key Risks & Red Flags
• Extreme Youth & Scale Risk: Founded only in 2024 and operating with a tiny team of just 13 employees as of June 2025, the company has a very thin track record to justify long-term stability.• Outsourcing Vulnerability: Total dependence on third-party manufacturers exposes margins and delivery timelines to external production shocks.
• Heavy Working Capital Intensity: A significant chunk of the IPO proceeds (₹11.5 crores out of ~₹24.6 crores total issue size) is earmarked for working capital, signaling high cash locking in inventory or receivables.
🎯 Retail Verdict
Given the company's ultra-short operational history, high SME lot size risk (₹2.8 lakh per application), and heavy reliance on outsourced production, this IPO is best suited for aggressive, high-risk investors only. Conservative retail investors should avoid and wait for a sustained earnings track record.🏢 About Panchatv Bharat | Dates: 10-15 September | Price: ₹140 | Lot: 2000
Established in 2024, Panchatv Bharat is a textile company that deals mainly in denim fabrics. It manufactures denim through third-party manufacturers and sells the fabrics wholesale across India.The company manages the complete production process, including buying yarn, dyeing, weaving, finishing, and checking the quality of the fabric.
The company has various Competitive Strengths:
Experienced promoters and management team
Strong and established customer base
Scalable and flexible business model
The company mainly serves textile and garment markets in Delhi, Uttar Pradesh, Haryana, Gujarat, Rajasthan, and Odisha.
As of June 30, 2025, the company had 13 employees.
🎯 Objects of the Issue
• Funding of capital expenditure towards purchase of property and renovation, modernization and fit-out thereof: ₹6.00 Cr• Working Capital Requirements: ₹11.50 Cr
• General Corporate Purposes: ₹3.67 Cr
• Issue Expenses: ₹3.42 Cr
📬 Registrar & Allotment Information
Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: [email protected] Website: Maashitla Securities — Registrar & Share Transfer Agent💬 Community Discussion & Views
Are you planning to apply for the Panchatv Bharat IPO? Share your bidding strategy, allotment status, or listing expectations with fellow investors below!👉 Browse all upcoming Mainboard & SME IPOs on UNP
Disclaimer: All IPO details provided above are for educational and informational purposes only. Readers are advised to consult their financial advisors and review the Red Herring Prospectus (RHP) before investing.
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