Pind Hospitality IPO GMP today is Rs -19.8. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
PIND
Pind Hospitality IPO GMP & Allotment
Pind Hospitality operates in the consumer food services industry, managing food delivery services and dine-in restaurants under the recognized Pind Punjab brand. The business primarily functions on a hybrid model, generating a substantial portion of its revenue through third-party food delivery applications, which accounted for over 78% of its operations in recent years. Pind Hospitality strategically focuses on the Pune geographic market, where all its current operational revenues are concentrated. Following the acquisition of a significant stake in a related partnership firm, the business is consolidating its restaurant operations to streamline its footprint. Furthermore, Pind Hospitality is diversifying its service offerings by expanding into the hospitality and event sector. It is currently developing the Haveli Project in Lonavala, Maharashtra, a hotel-cum-banquet hall designed to cater to the destination wedding market and corporate conferences, thereby broadening its core revenue streams.
- IPO Price Band
- ₹93.00 - ₹99.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 30 Sept 2026
- Listing Date
- 06 Oct 2026
Quick Answer & Highlights
Pind Hospitality IPO GMP Today & Key Takeaways
Last updated: 06 Oct 2026
Pind Hospitality IPO officially listed on 06 Oct 2026 at Rs 79.20, delivering a -20.00% listing gain compared to its issue price of Rs 17.82. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹-19.8.
Pind Hospitality IPO officially listed on 06 Oct 2026 at ₹79.20, delivering a -20.00% listing gain compared to its issue price of ₹17.82. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹-19.8.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹-19.8 | -20% vs upper band (06 Oct 2026) |
| Est. Listing Price | ₹79.20 | -20.00% Est. Listing Gain |
| Price Band | ₹93.00 - ₹99.00 | SME IPO |
| Retail Minimum Investment | ₹2,37,600 | 2 Lot (1,200 Shares) |
| Bidding Window | 28 Sept 2026 – 30 Sept 2026 | Listed |
| Allotment & Listing Dates | Allotment: 01 Oct 2026 | Listing: 06 Oct 2026 |
Current GMP Status
₹-19.8
-20% vs upper band
Est. Listing Gain
-20.00%
Last Trend
06 Oct 2026
Listing Price
₹79.20
Retail Entry
₹2,37,600
IPO Details
Complete IPO information
| IPO Open Date | 28 Sept 2026 |
|---|---|
| IPO Close Date | 30 Sept 2026 |
| IPO Price Band | ₹93.00 - ₹99.00 |
| Lot Size | 1,200 Shares |
| Current GMP | ₹-19.8 |
| Estimated Listing Gain | -20.00% |
| Issue Size | Approx ₹17.82 Cr |
| Fresh Issue | Approx ₹17.82 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Bigshare Services Pvt. Ltd. |
| Overall Subscription | 2.63x |
| Minimum Investment | ₹2,37,600 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 0.18 | 0.18 | 1xx |
| NII | 9.37 | 10.68 | 1.14xx |
| Retail | 8.44 | 36.43 | 4.31xx |
| Overall Subscription | 18 | 47.29 | 2.63xx |
Day-wise demand
Pind Hospitality IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (29 Sept) | 1x | 0x | 0.02x | 0.02x |
| Day 3 (30 Sept) | 1x | 0.55x | 0.03x | 0.31x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Pind Hospitality is priced at ₹99 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,37,600 to participate in this SME issue.
The latest recorded Grey Market Premium for Pind Hospitality stands at ₹-19.8, implying an estimated listing gain of around -20.00% over the issue price if it holds until listing. 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, Pind Hospitality's IPO was subscribed 2.63x overall, with a category-wise breakdown of Retail 4.31x, QIB 1x, NII 1.14x.
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
28 Sept 2026
✓
Bidding Closes
30 Sept 2026
✓
Allotment
01 Oct 2026
✓
Listing
06 Oct 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 28 Sept 2026 | Completed |
| Bidding Closes | 30 Sept 2026 | Completed |
| Allotment | 01 Oct 2026 | Completed |
| Listing | 06 Oct 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 06 Oct 2026 | ₹1.00 | - | 1.01% |
| 05 Oct 2026 | ₹1.00 | - | 1.01% |
| 03 Oct 2026 | ₹1.00 | -₹1.00 | 1.01% |
| 02 Oct 2026 | ₹2.00 | +₹1.00 | 2.02% |
| 01 Oct 2026 | ₹1.00 | -₹19.00 | 1.01% |
| 30 Sept 2026 | ₹20.00 | - | 20.20% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,37,600 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,37,600 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,56,400 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,50,400 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹10,69,200 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Pind Hospitality IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Sept 2026 |
| IPO Close Date | 30 Sept 2026 |
| Basis of Allotment | 01 Oct 2026 |
| Refunds | 05 Oct 2026 |
| Credit to Demat Account | 05 Oct 2026 |
| IPO Listing Date | 06 Oct 2026 |
Note: The timeline for Pind Hospitality IPO is tentative and subject to change.
Analysis
Pind Hospitality Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Capital expenditure for setting up Haveli Project in Lonavala | 12.7 (71.27%) |
| General Corporate Purposes | 5.12 (28.73%) |
Note: Objectives are as specified in the DRHP/RHP documents of Pind Hospitality.
Analysis
Pind Hospitality Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 20.87 Cr. | 17.93 Cr. | 2.21 Cr. | 26.04 Cr. |
| 2025 | 23.17 Cr. | 19.57 Cr. | 2.56 Cr. | 28.33 Cr. |
| 2026 | 24.91 Cr. | 21.39 Cr. | 2.27 Cr. | 37.72 Cr. |
Note: Financial numbers for Pind Hospitality are in ₹ Crores unless stated otherwise.
Analysis
Pind Hospitality Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 15.65% |
| ROCE | 15.83% |
| EBITDA Margin | 16.14% |
| PAT Margin | 9.30% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | 5.41 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 15.65% |
| Net Asset Value (NAV) | 34.59 |
Note: Valuation KPIs for Pind Hospitality are computed for FY2026.
Analysis
Pind Hospitality IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| United Foodbrands Ltd | (15.13) | (45.99) | (19.27)% | 82.80 | – Cr. |
| Speciality Restaurants Ltd | 4.52 | 31.70 | 5.78% | 74.33 | – Cr. |
| Vikram Kamats Hospitality Ltd | 0.09 | 351.44 | 0.24% | 34.19 | – Cr. |
Note: Peer group comparisons for Pind Hospitality are sourced from DRHP filings.
Comparison
Compare Pind Hospitality IPO with similar IPOs
FAQ
Pind Hospitality IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs -19.8 and an issue price of Rs 99, the estimated listing price for Pind Hospitality IPO is Rs 79.20 (approx -20.00% listing gain). Actual listing price is determined by market demand on the listing day.
Pind Hospitality IPO price band is Rs 93.00 to Rs 99.00. Check the latest issue price, lot size and GMP together before applying.
Pind Hospitality IPO open date is 28 Sept 2026, close date is 30 Sept 2026, and listing date is 06 Oct 2026.
Pind Hospitality IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,37,600.
Pind Hospitality is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Pind Hospitality IPO subscription status currently shows Retail 4.31x, QIB 1x, NII 1.14x, Overall 2.63x.
Pind Hospitality operates in the consumer food services industry, managing food delivery services and dine-in restaurants under the recognized Pind Punjab brand. The business primarily functions on a hybrid model, generating a substantial portion of its revenue through third-party food delivery applications, which accounted for over 78% of its operations in recent years. Pind Hospitality strategically focuses on the Pune geographic market, where all its current operational revenues are concentrated. Following the acquisition of a significant stake in a related partnership firm, the business is consolidating its restaurant operations to streamline its footprint. Furthermore, Pind Hospitality is diversifying its service offerings by expanding into the hospitality and event sector. It is currently developing the Haveli Project in Lonavala, Maharashtra, a hotel-cum-banquet hall designed to cater to the destination wedding market and corporate conferences, thereby broadening its core revenue streams.
Pind Hospitality IPO issue size is TBA and the expected allotment date is 01 Oct 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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