Panchatv Bharat IPO GMP today is Rs 3. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
PANCHATV
Panchatv Bharat IPO GMP & Allotment
Panchatv Bharat engages in third-party manufacturing and wholesale trading of grey Panchatv Bharat Limited is engaged in the business of third-party manufacturing and wholesale trading of grey and finished denim fabrics for men and women wear across various domestic markets in India. The company operates primarily through an asset-light business model, procuring raw materials such as cotton yarn and outsourcing primary manufacturing processes, including yarn warping, yarn dyeing, and finishing, to third-party manufacturing facilities located in Ahmedabad. Additionally, the company has established a limited self-manufacturing setup by leasing loom machinery to produce denim fabrics. The company generates its revenue primarily through the wholesale distribution of finished denim fabrics to customers located across key geographic regions, including Delhi, Uttar Pradesh, Gujarat, Haryana, and Rajasthan.
- IPO Price Band
- ₹140.00 - ₹140.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- 15 Sept 2026
- Listing Date
- 18 Sept 2026
Quick Answer & Highlights
Panchatv Bharat IPO GMP Today & Key Takeaways
Last updated: 16 Sept 2026
Panchatv Bharat IPO officially listed on 18 Sept 2026 at Rs 128.95, delivering a -7.89% listing gain compared to its issue price of Rs 24.58. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹3.
Panchatv Bharat IPO officially listed on 18 Sept 2026 at ₹128.95, delivering a -7.89% listing gain compared to its issue price of ₹24.58. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹3.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹3 | +2.14% vs upper band (16 Sept 2026) |
| Est. Listing Price | ₹128.95 | -7.89% Est. Listing Gain |
| Price Band | ₹140.00 - ₹140.00 | SME IPO |
| Retail Minimum Investment | ₹2,80,000 | 2 Lot (1,000 Shares) |
| Bidding Window | 10 Sept 2026 – 15 Sept 2026 | Listed |
| Allotment & Listing Dates | Allotment: 16 Sept 2026 | Listing: 18 Sept 2026 |
Current GMP Status
₹3
+2.14% vs upper band
Est. Listing Gain
-7.89%
Last Trend
16 Sept 2026
Listing Price
₹128.95
Retail Entry
₹2,80,000
IPO Details
Complete IPO information
| IPO Open Date | 10 Sept 2026 |
|---|---|
| IPO Close Date | 15 Sept 2026 |
| IPO Price Band | ₹140.00 - ₹140.00 |
| Lot Size | 1,000 Shares |
| Current GMP | ₹3 |
| Estimated Listing Gain | -7.89% |
| Issue Size | Approx ₹24.58 Cr |
| Fresh Issue | Approx ₹24.58 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Overall Subscription | 1.4x |
| Minimum Investment | ₹2,80,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| NII | 8.34 | 3.22 | 0.39xx |
| Retail | 8.34 | 20.18 | 2.42xx |
| Overall Subscription | 16.68 | 23.43 | 1.40xx |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Panchatv Bharat is priced at ₹140 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹2,80,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Panchatv Bharat stands at ₹3, implying an estimated listing gain of around 2.14% over the issue price if it holds until listing. This is down ₹18 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Panchatv Bharat's IPO was subscribed 1.4x overall, with a category-wise breakdown of Retail 2.42x, NII 0.39x.
Among the strengths highlighted in Panchatv Bharat's IPO documents: Asset-light model leveraging outsourced manufacturing and leased machinery.; Established a wholesale distribution network across major North Indian markets..
Investors should also weigh the risk factors Panchatv Bharat has disclosed, including: Absence of long-term contracts with third-party suppliers and customers..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
10 Sept 2026
✓
Bidding Closes
15 Sept 2026
✓
Allotment
16 Sept 2026
✓
Listing
18 Sept 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 10 Sept 2026 | Completed |
| Bidding Closes | 15 Sept 2026 | Completed |
| Allotment | 16 Sept 2026 | Completed |
| Listing | 18 Sept 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 16 Sept 2026 | ₹3.00 | -₹18.00 | 2.14% |
| 15 Sept 2026 | ₹21.00 | +₹3.00 | 15.00% |
| 14 Sept 2026 | ₹18.00 | +₹11.00 | 12.86% |
| 11 Sept 2026 | ₹7.00 | +₹7.00 | 5.00% |
| 10 Sept 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,000 | ₹2,80,000 |
| Retail Maximum | 2 Lot | 2,000 | ₹2,80,000 |
| S-HNI Minimum | 3 Lot | 3,000 | ₹4,20,000 |
| S-HNI Maximum | 7 Lot | 7,000 | ₹9,80,000 |
| B-HNI Minimum | 8 Lot | 8,000 | ₹11,20,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- Asset-light model leveraging outsourced manufacturing and leased machinery.
- Established a wholesale distribution network across major North Indian markets.
- Promoters bring over 38 years of cumulative industry experience.
- Consistent growth in revenue and restated profit after tax over recent years.
- Diversified supplier base across various raw material vendors.
Risks
- Absence of long-term contracts with third-party suppliers and customers.
- High regional revenue concentration in Delhi and Uttar Pradesh.
- Historical instances of negative cash flows from operating activities.
- Unowned loom machinery and reliance on third-party facilities.
- Past delays and inadvertent errors in statutory corporate filings
Analysis
Panchatv Bharat IPO Reservation
The Panchatv Bharat IPO reservation is divided equally between Non-Institutional Investors (NII) and Retail Investors. Based on the provided issue details, each category has been allocated 50% of the shares offered under the IPO.
NII investors are offered 8,34,000 shares, representing 50% of the issue, while retail investors also receive 8,34,000 shares or 50%. This equal allocation provides the two investor categories with the same share reservation in the public issue.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| NII Shares Offered | 8,34,000 Shares | 50% |
| Retail Shares Offered | 8,34,000 Shares | 50% |
Note: Reservation figures are based on the Panchatv Bharat IPO information provided.
Analysis
Panchatv Bharat IPO Dates
The Panchatv Bharat IPO is scheduled to open on September 10, 2026, and the bidding period will remain open until September 15, 2026. Investors can participate in the issue during these five days as per the IPO schedule.
The basis of allotment is expected to be finalized on September 16, 2026. Refunds and credit of allotted shares to eligible investors' demat accounts are scheduled for September 17, followed by the IPO listing on September 18, 2026.
| IPO Event | Date |
|---|---|
| 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 |
Note: The above IPO schedule is based on the Panchatv Bharat IPO information provided.
Analysis
പഞ്ചത്വ ഭാരതം IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 10 Sept 2026 |
| IPO Close Date | 15 Sept 2026 |
| Basis of Allotment | 16 Sept 2026 |
| Refunds | 17 Sept 2026 |
| Credit to Demat Account | 17 Sept 2026 |
| IPO Listing Date | 18 Sept 2026 |
Note: The timeline for പഞ്ചത്വ ഭാരതം IPO is tentative and subject to change.
Analysis
Panchatv Bharat IPO Objects of the Issue & Utilisation of Proceeds
The Panchatv Bharat IPO proceeds are proposed to be used across property-related capital expenditure, working capital and general corporate requirements. A portion of the funds will support the purchase of property along with its renovation, modernization and fit-out activities.
The company has also allocated funds to meet its working capital requirements, while additional proceeds are planned for general corporate purposes and expenses associated with the IPO. The utilisation plan provides a broad view of how the funds raised through the issue are intended to support the company's business requirements.
| Purpose | Crores |
|---|---|
| Funding of capital expenditure towards purchase of property and renovation, modernization and fit-out thereof | ₹6.00 |
| Working Capital Requirements | ₹11.50 |
| General Corporate Purposes | ₹3.67 |
| Issue Expenses | ₹3.42 |
Note: Utilisation amounts are based on the Panchatv Bharat IPO information provided.
Analysis
പഞ്ചത്വ ഭാരതം Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Purchase and renovation of office-cum-godown space at Delhi | 6 (24.41%) |
| Funding working capital requirements | 11.5 (46.79%) |
| Issue-related expenses | 3.42 (13.89%) |
| General corporate purposes | 3.67 (14.92%) |
Note: Objectives are as specified in the DRHP/RHP documents of പഞ്ചത്വ ഭാരതം.
Analysis
Panchatv Bharat IPO Company Financials
Panchatv Bharat has reported steady growth in revenue and profitability across the reported financial years. Revenue increased from ₹39.31 crore in 2024 to ₹56.87 crore in 2026, showing continued expansion in the company's business operations.
Profit after tax also improved during the period, rising from ₹2.02 crore in 2024 to ₹4.03 crore in 2026. The company's asset base increased from ₹16.88 crore to ₹33.78 crore, indicating growth in its overall financial base alongside higher revenue and profit.
| 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 |
Note: All financial figures are in ₹ crore and are based on the Panchatv Bharat IPO information provided.
Analysis
പഞ്ചത്വ ഭാരതം Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 39.31 Cr. | 36.58 Cr. | 2.02 Cr. | 16.88 Cr. |
| 2025 | 48.99 Cr. | 45.27 Cr. | 2.83 Cr. | 27.16 Cr. |
| 2026 | 56.87 Cr. | 51.41 Cr. | 4.03 Cr. | 33.78 Cr. |
Note: Financial numbers for പഞ്ചത്വ ഭാരതം are in ₹ Crores unless stated otherwise.
Analysis
പഞ്ചത്വ ഭാരതം Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 31.93% |
| ROCE | 24.01% |
| EBITDA Margin | 11.32% |
| PAT Margin | 7.09% |
| Debt to Equity Ratio | 1.12 |
| Earning Per Share (EPS) | 9.84 (Basic) |
| Price/Earning P/E Ratio | 14.23 |
| Return on Net Worth (RoNW) | 31.93% |
| Net Asset Value (NAV) | 30.83 |
Note: Valuation KPIs for പഞ്ചത്വ ഭാരതം are computed for FY2026.
Analysis
Panchatv Bharat IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Anjani Synthetics Limited | 2.57 | 9.05 | 4.24% | 60.64 | 281.76 Cr. |
Note: Peer group comparisons for Panchatv Bharat are sourced from DRHP filings.
Comparison
Compare Panchatv Bharat IPO with similar IPOs
FAQ
Panchatv Bharat IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 3 and an issue price of Rs 140, the estimated listing price for Panchatv Bharat IPO is Rs 143.00 (approx 2.14% listing gain). Actual listing price is determined by market demand on the listing day.
Panchatv Bharat IPO price band is Rs 140.00 to Rs 140.00. Check the latest issue price, lot size and GMP together before applying.
Panchatv Bharat IPO open date is 10 Sept 2026, close date is 15 Sept 2026, and listing date is 18 Sept 2026.
Panchatv Bharat IPO lot size is 1,000 shares. The minimum retail investment is Rs 2,80,000.
Panchatv Bharat is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Panchatv Bharat IPO subscription status currently shows Retail 2.42x, NII 0.39x, Overall 1.4x.
Panchatv Bharat engages in third-party manufacturing and wholesale trading of grey Panchatv Bharat Limited is engaged in the business of third-party manufacturing and wholesale trading of grey and finished denim fabrics for men and women wear across various domestic markets in India. The company operates primarily through an asset-light business model, procuring raw materials such as cotton yarn and outsourcing primary manufacturing processes, including yarn warping, yarn dyeing, and finishing, to third-party manufacturing facilities located in Ahmedabad. Additionally, the company has established a limited self-manufacturing setup by leasing loom machinery to produce denim fabrics. The company generates its revenue primarily through the wholesale distribution of finished denim fabrics to customers located across key geographic regions, including Delhi, Uttar Pradesh, Gujarat, Haryana, and Rajasthan.
Panchatv Bharat IPO issue size is 24.58 and the expected allotment date is 16 Sept 2026.
In our empirical study of 104 Indian IPO listings, positive GMP was followed by a positive listing gain 69.9% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 7.8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
Community discussion
Comments
Share a useful question or insight about Panchatv Bharat.
Leave a comment
Your email address will not be published. All comments and replies are reviewed before appearing.
Keep Exploring
Similar Recent IPOs
SME
Carver Roboweld
Price BandTBA
Current GMP₹0
Lot SizeTBA
SME
Wiscon Industries
Price Band₹194.00 - ₹204.00
Current GMP₹0
Lot Size600 Shares
SME
Core4 Engineers
Price Band₹88.00 - ₹93.00
Current GMP₹0
Lot Size1,200 Shares
SME
Shellz India
Price Band₹170.00 - ₹179.00
Current GMP₹7 · 0.0%
Lot Size800 Shares
Loading comments...