Acme India Industries IPO GMP ₹30 Today (1 Oct), Price Band, Subscription Status, Allotment Date

Acme India Industries IPO is a SME issue open from 30 September – 6 October. The company is raising ₹122 Cr at a price band of ₹186 to ₹196 per share. One lot is 600 shares.

Acme India Industries IPO GMP (grey market premium)

₹30

Implied listing gain: ₹226 (15.31%)

Subscription

1.84x

Times the issue was bid for

On the GMP figure: grey market premium is quoted by informal dealers. No exchange publishes it, no regulator oversees it, and it is not a forecast of the listing price. Issues quoting a strong premium have listed below their issue price. Weigh the financials and the risk factors in the RHP well above this number.

Acme India Industries IPO Review & Analysis

Our reading of the numbers below — growth rates, margins, pricing and demand are calculated from the company's own filed figures, not copied from anywhere.

Minimum retail investment

₹1,17,600

600 shares at the upper band of ₹196

Retail limit

1 lot

the most that fits under the ₹2 lakh retail cap

Funds blocked after close

~3 days

from the closing date to listing

Fresh issue share

82%

₹100 Cr of the ₹122 Cr issue

Revenue growth

+25.5%

31 Mar 2025 → 31 Mar 2026

Profit growth

+48%

PAT ₹16.46 Cr → ₹24.36 Cr

Net profit margin

9.1%

was 7.7% in 31 Mar 2025

Debt to equity

0.82

lower is safer

Return on equity

30.65%

ROE

Total subscription

1.84x

across all categories

GMP-implied listing gain

+15.3%

₹30 premium on a ₹196 issue price

Promoter holding

88.19% → 64.46%

diluted by 23.7 percentage points

Acme India Industries is an SME issue raising ₹122 Cr, offered in a band of ₹186–₹196 per share. At the upper end that is 19.6 times the ₹10 face value, so ₹186 of every share subscribed is share premium rather than capital. SME issues list on the BSE SME or NSE Emerge platform rather than the main board. They trade in fixed lots after listing, carry no retail-versus-HNI cut-off bidding, and are usually far less liquid, so exiting a position can take longer than on the main board.

A retail application for Acme India Industries needs one lot of 600 shares, which works out to ₹1,17,600 at the upper band of ₹196. SME lots are deliberately sized above ₹1,00,000, so this is a far larger single commitment than a mainboard application and rules out most small investors. Retail applications are capped at ₹2,00,000, which here is 1 lot; bidding above that moves the application into the non-institutional category, and the large-HNI bucket begins at ₹10,00,000, or about 9 lots.

For Acme India Industries, bidding runs 30-6 October, allotment is finalised on 7 Oct 2026, the shares list on 9 Oct 2026. Applications that do not receive an allotment have their UPI mandate released around 1 day after the issue closes. Counting from the close of bidding, money stays blocked for roughly 3 days before listing decides what the holding is worth.

The issue is reserved 47.43% to qualified institutional buyers, 14.26% to non-institutional investors, 33.24% to retail. At 33.24%, the retail portion is on the narrower side, so retail allotment turns into a lottery quickly once the book fills. An oversubscribed retail portion is not allotted in proportion to the amount applied for: applications are reduced to single lots and drawn by lot, so several small applications from different PANs are more effective than one large one.

The issue splits into ₹100 Cr of fresh capital (82%) and ₹16 Cr as an offer for sale. The company keeps the fresh portion for the objects of the issue, while the rest is existing shareholders monetising their stake.

Revenue moved from ₹213.45 Cr in 31 Mar 2025 to ₹267.89 Cr in 31 Mar 2026 (+25.5%), while profit after tax went from ₹16.46 Cr to ₹24.36 Cr (+48%). Profit grew faster than revenue, which points to operating leverage or a better cost mix rather than growth bought purely through volume.

Institutional investors have bid for 5.7x their portion against 0.29x from retail. Institutions committing ahead of retail is generally read as confidence in the pricing.

Bigshare Services Pvt.Ltd. is the registrar for this issue, which means the allotment status for Acme India Industries is published on their portal from 7 Oct 2026. A PAN, application number or demat client ID is enough to look it up; the credited shares also appear in the demat account itself a day or so before listing.

A grey market premium of ₹30 on the upper band of ₹196 implies a listing gain of roughly 15.3%. The grey market is unofficial and unregulated, the premium can change daily, and it has no bearing on allotment — treat it as a sentiment reading, not a forecast.

What looks good

  • Profit is growing faster than revenue, suggesting improving operating efficiency.
  • Return on equity of 30.65% is strong for the sector.
  • Institutional demand at 5.7x is running ahead of retail.

The figures above are worked out from the issue's own filed numbers and are for information only. They are not investment advice — read the RHP before you apply.

IPO Date30 September – 6 October
Face Value₹10 Per Share
Price Range₹186 to ₹196
Issue Size₹122 Cr
Lot Size600 Shares
Allotment Date7 Oct 2026
Listing Date9 Oct 2026
RegistrarBigshare Services Pvt.Ltd.

Quota Allocation

CategoryAllocation
Retail Investors33.24%
QIB (Qualified Institutional Buyers)47.43%
HNI (High Net Worth Individuals)14.26%

Subscription Status (Category-wise)

Investor CategorySubscription (times)
Qualified Institutional5.70x
Non Institutional0.29x
Retail Individual0.29x
Total1.84x

IPO Details

Total Issue Size62,08,800 shares (agg. up to ₹122 Cr)
Reserved for Market Maker3,14,400 shares (agg. up to ₹6 Cr)Hem Finlease Pvt.Ltd.
Fresh Issue (Ex Market Maker)50,92,800 shares (agg. up to ₹100 Cr)
Offer for Sale8,01,600 shares of ₹10 (agg. up to ₹16 Cr)
Net Offered to Public58,94,400 shares (agg. up to ₹116 Cr)
Share Holding Pre Issue1,80,65,000 shares
Share Holding Post Issue2,34,72,200 shares

IPO Timetable (Tentative)

IPO OpenWed, Sep 30, 2026
IPO CloseTue, Oct 6, 2026
AllotmentWed, Oct 7, 2026
RefundThu, Oct 8, 2026
Credit of SharesThu, Oct 8, 2026
ListingFri, Oct 9, 2026

Issue Reservation

Investor CategoryShares% of Net Issue% of Total Issue
QIB29,44,80049.96%47.43%
− Anchor Investor17,65,80028.44%
− QIB (Ex. Anchor)11,79,00018.99%
NII (HNI)8,85,60015.02%14.26%
− bNII > ₹10L5,88,6009.48%
− sNII < ₹10L2,97,0004.78%
Retail20,64,00035.02%33.24%
Firm Reservations
Market Maker3,14,4005.06%
Total62,08,800100.00%100.00%

IPO Lot Size

ApplicationLotsSharesAmount
Individual investors (IND) (Min)21200₹2,35,200
Individual investors (IND) (Max)21200₹2,35,200
S-HNI (Min)31800₹3,52,800
S-HNI (Max)84800₹9,40,800
B-HNI (Min)95400₹10,58,400

IPO Anchor Investors

Bid DateTue, Sep 29, 2026
Shares Offered17,65,800
Anchor Portion (₹ Cr.)34.61
Anchor lock-in period end date for 50% shares (30 Days)Fri, Nov 6, 2026
Anchor lock-in period end date for remaining shares (90 Days)Tue, Jan 5, 2027

Company Financials (Restated)

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets382.79272.45217.60
Total Income267.89213.45215.02
Profit After Tax24.3616.4619.21
EBITDA39.8228.7629.57
NET Worth103.5555.3735.63
Reserves and Surplus85.4838.5827.35
Total Borrowing85.1881.1769.80
Amount in ₹ Crore

IPO Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding to meet working capital requirements38.00
2Repayment and/or pre-payment, in full or part, of borrowing availed by Company41.00
3Funding Capital Expenditure towards purchase of additional plant & machinery6.27
4General Corporate Purposes
Total85.27

Key Performance Indicator (KPI)

KPIMar 31, 2026
ROE30.65%
ROCE23.20%
Debt/Equity0.82
RoNW23.52%
PAT Margin9.24%
EBITDA Margin15.10%
NAV59.94
P/B (x)3.27

IPO Valuation

Valuation MetricPre IPOPost IPO
EPS (₹)13.4810.38
P/E (x)14.5418.88
Market Cap at Offer Price₹354.07 Cr.₹460.06 Cr

Shareholding Structure

CategoryPre IPOPost IPO
Promoter and Promoter Group88.19%64.46%
Public11.81%35.54%
Total100%100%

Offer For Sale - Selling Shareholder

NameCategoryNo. of Shares OfferedAmount (₹ cr.)
Suraj PandeyPromoter8,01,60015.71
Total8,01,60015.71

IPO Details

Review BySubscribeMay ApplyNeutralAvoid
Brokers0000
Members0000

Acme India Industries IPO — common questions

What is Acme India Industries IPO?

Acme India Industries IPO is a SME issue open from 30 September – 6 October. The company is raising ₹122 Cr at a price band of ₹186 to ₹196 per share. One lot is 600 shares.

When does Acme India Industries IPO open and close?

The issue is open 30 September – 6 October. Bids must be placed, and any UPI mandate approved, before the cut-off on the closing day.

What is the Acme India Industries IPO price band?

The price band is ₹186 to ₹196 per equity share, against a face value of ₹10. Retail investors may bid at cut-off, meaning they accept the final discovered price within this band.

What is the Acme India Industries IPO lot size?

The minimum application is 600 shares, and bids must be in multiples of that lot.

What is the Acme India Industries IPO issue size?

The total issue size is ₹122 Cr.

How is Acme India Industries IPO reserved between investor categories?

The issue is reserved as retail 33.24%, QIB 47.43%, HNI 14.26%. If the retail portion is oversubscribed, allotment there is decided by a lottery on lot-sized applications rather than in proportion to the amount applied for.

When is the Acme India Industries IPO allotment date?

Basis of allotment is expected to be finalised on 7 Oct 2026. You can check your status on the registrar's website (Bigshare Services Pvt.Ltd.) using your PAN.

When does Acme India Industries IPO list?

Listing is expected on 9 Oct 2026, following the T+3 timeline that applies to Indian IPOs.

Investment Disclaimer

This information is for educational purposes only. Please conduct your own research and consult with financial advisors before making investment decisions. IPO investments carry market risks.

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