Roopa Screen (SME IPO)
📅 Dates: 24 - 28 Sep • 💰 Issue Size: 30,00,000 shares (agg. up to ₹19 Cr)Complete guide to Roopa Screen 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 (SME) |
| Issue Dates | 24 - 28 Sep |
| Price Band | ₹60 to ₹64 |
| Total Issue Size | 30,00,000 shares (agg. up to ₹19 Cr) |
| Minimum Market Lot | 2000 shares |
| Listing Price (Debut) | ₹110.12 (-₹3.17 (-2.80%)) |
| Subscription Status | 271.94x (Final / Bidding Closed) |
| Investor Demand Rating | ⭐⭐⭐⭐⭐ (5/5 - Blockbuster Demand) |
📈 Live Subscription Demand
| Category | Subscription Multiplier (x) |
|---|---|
| Qualified Institutional (QIB) | 44.81x |
| Non-Institutional / HNI | 421.94x |
| Retail Individual (RII) | 529.82x |
| Total Subscription | 271.94x (Updated: 07 Oct, 17:57) |
🎯 Investment Analysis & Verdict
📌 Business Model & Revenue Streams
Roopa Screen manufactures cylindrical, perforated nickel screens that act as stencils for textile printing, and sells them directly to more than 200 B2B customers across India’s major garment hubs. It also earns a modest margin by trading raw nickel cathodes to support its own production line.🚀 Key Strengths & Growth Drivers
• Niche product focus: very few domestic players make high‑precision rotary nickel screens, giving Roopa a clear technical edge.• Integrated supply chain: owning nickel cathode trading and an in‑house plant in Sanand keeps lead times low and margins healthier than pure‑play OEMs.
• Textile sector tailwind: Indian garment output is expanding, and modern digital printing is pushing demand for finer, repeatable patterns that only specialty screens can deliver.
⚠️ Key Risks & Red Flags
• Customer concentration: a handful of large printers account for a sizable share of revenue, making the firm vulnerable to order cuts.• Working‑capital pressure: raw nickel prices are volatile; any spike can squeeze cash flow unless the company hedges effectively.
• SME financing constraints: with a modest issue size and limited asset base, raising additional funds on favourable terms could be challenging if growth stalls.
🎯 Retail Verdict
Roopa Screen looks like a classic SME play‑out that could see a short‑term listing pop if demand for textile printing stays strong. It isn’t a high‑growth, long‑term compounder; the business is steady but tightly linked to a niche market and a few big buyers. Retail investors should treat it as a speculative add‑on rather than a core holding, and be ready for liquidity swings post‑IPO.📅 Tentative Timetable
| Event | Tentative Date |
|---|---|
| IPO Open | Thu, Sep 24, 2026 |
| IPO Close | Mon, Sep 28, 2026 |
| Allotment | Tue, Sep 29, 2026 |
| Refund | Wed, Sep 30, 2026 |
| Credit of Shares | Wed, Sep 30, 2026 |
| Listing | Thu, Oct 1, 2026 |
💼 Market Lot & Investment Sizing
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,56,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,56,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,84,000 |
| S-HNI (Max) | 7 | 14000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 16000 | ₹10,24,000 |
💰 Financial Summary
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 30.00 | 22.47 | 19.66 |
| Total Income | 51.32 | 45.63 | 35.85 |
| Profit After Tax | 6.48 | 4.69 | 1.50 |
| EBITDA | 10.00 | 8.13 | 4.24 |
| NET Worth | 16.37 | 9.89 | 5.21 |
| Reserves and Surplus | 8.31 | 8.74 | 4.05 |
| Total Borrowing | 7.03 | 8.98 | |
| Amount in ₹ Crore |
🏢 About Roopa Screen
Roopa Screen specializes in the manufacture of cylindrical, perforated metal rotary nickel screens utilized as stencils in textile printing to apply precise patterns onto fabrics. The product portfolio includes specialized variants such as Delta, Penta, Standard, and Nova screens. To support its primary manufacturing operations and optimize supply chain efficiencies, the company also engages in the trading of raw nickel cathodes. Operating exclusively within the business-to-business (B2B) segment, the firm serves over 200 textile printing customers across major manufacturing hubs in India, including Gujarat, Maharashtra, Haryana, Punjab, and Tamil Nadu. Production activities are concentrated at an integrated facility located in Sanand, Ahmedabad, supported by an in-house sales team and a workforce of 128 permanent employees.💬 Community Discussion & Views
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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.
📌 Thread Quick Navigation: Post #2: Live & Historic GMP | Post #3: Subscription Stats | Post #4: Allotment Status | Post #5: Listing Debut | Post #6: Community & Social Reviews
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