Panchatv Bharat IPO is a SME issue open from 10-15 Sept. The company is raising ₹25 Cr at a price band of ₹140 per share. One lot is 1,000 shares.
Panchatv Bharat IPO 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
₹1,40,000
1000 shares at the upper band of ₹140
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
92%
₹23 Cr of the ₹25 Cr issue
Revenue growth
+24.6%
31 Mar 2024 → 31 Mar 2025
Profit growth
+40.1%
PAT ₹2.02 Cr → ₹2.83 Cr
Net profit margin
5.8%
was 5.1% in 31 Mar 2024
Debt to equity
0.86
lower is safer
Peer listing record
6 of 13 listed above issue price
median listing move -5%
Promoter holding
92.91% → 65.02%
diluted by 27.9 percentage points
Panchatv Bharat is an SME issue raising ₹25 Cr, offered in a band of ₹140–₹140 per share. At the upper end that is 14 times the ₹10 face value, so ₹130 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 Panchatv Bharat needs one lot of 1000 shares, which works out to ₹1,40,000 at the upper band of ₹140. 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 8 lots.
For Panchatv Bharat, bidding runs 10-15 Sept, allotment is finalised on 16 Sep 2026, the shares list on 18 Sep 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 50% to non-institutional investors, 50% to retail. A 50% retail share is the wider end of the range, which improves the odds for small applications when the book is only modestly oversubscribed. 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 ₹23 Cr of fresh capital (92%) and ₹2 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 ₹39.31 Cr in 31 Mar 2024 to ₹48.99 Cr in 31 Mar 2025 (+24.6%), while profit after tax went from ₹2.02 Cr to ₹2.83 Cr (+40.1%). Profit grew faster than revenue, which points to operating leverage or a better cost mix rather than growth bought purely through volume.
Recently listed companies in the same space trade at a median price-to-earnings ratio of about 13.4. Comparing that with the multiple implied by this issue's ₹140–₹140 band is a more useful test of pricing than looking at the grey market premium alone.
Maashitla Securities Pvt.Ltd. is the registrar for this issue, which means the allotment status for Panchatv Bharat is published on their portal from 16 Sep 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.
What looks good
- Profit is growing faster than revenue, suggesting improving operating efficiency.
What to watch
- Only 6 of the last 13 comparable IPOs closed above their issue price on listing day.
- There is no grey market premium on this issue at present, which points to muted listing-day expectations.
This analysis is generated from the figures shown on this page and is for information only. It is not investment advice — read the RHP before you apply.
About Panchatv Bharat
Incorporated in 2024, Panchatv Bharat is a textile manufacturing company. The company manufactures denim fabrics through third-party facilities and also wholesales denim fabrics across India, sourcing them from distributors for nationwide distribution.
Their manufacturing process encompasses the entire fabric production cycle—from yarn procurement and warp dyeing to weaving, finishing, and quality inspection.
The company engages in third-party manufacturing and wholesale trading of denim fabrics for men’s and women’s wear, supplying mainly to Delhi, Uttar Pradesh, Gujarat, and other key Indian states.
The company sold to 35 distributors as of June 30, 2024, and over 80 in FY 2023–24, with most revenue coming from Delhi and sales across multiple Indian states.
As on June 30, 2025, the company has 13 employees including Managing Director, Whole-Time Director, Key Managerial Personnel, Middle level and support staff.
Leveraging the experience of our Promoters and Management Team
What is Panchatv Bharat IPO?
Panchatv Bharat IPO is a SME issue open from 10-15 Sept. The company is raising ₹25 Cr at a price band of ₹140 per share. One lot is 1,000 shares.
When does Panchatv Bharat IPO open and close?
The issue is open 10-15 Sept. Bids must be placed, and any UPI mandate approved, before the cut-off on the closing day.
What is the Panchatv Bharat IPO price band?
The price band is ₹140 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 Panchatv Bharat IPO lot size?
The minimum application is 1,000 shares, and bids must be in multiples of that lot.
What is the Panchatv Bharat IPO issue size?
The total issue size is ₹25 Cr.
How is Panchatv Bharat IPO reserved between investor categories?
The issue is reserved as retail 50%, HNI 50%. 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 Panchatv Bharat IPO allotment date?
Basis of allotment is expected to be finalised on 16 Sep 2026. You can check your status on the registrar's website (Maashitla Securities Pvt.Ltd.) using your PAN.
When does Panchatv Bharat IPO list?
Listing is expected on 18 Sep 2026, following the T+3 timeline that applies to Indian IPOs.
