Robokidz Eduventures IPO is a SME issue open from 21–23 September. The company is raising ₹31 Cr at a price band of ₹100 to ₹106 per share. One lot is 1,200 shares.
₹45
Implied listing gain: ₹151 (42.45%)
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.
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
₹1,27,200
1200 shares at the upper band of ₹106
Retail limit
1 lot
the most that fits under the ₹2 lakh retail cap
Funds blocked after close
~5 days
from the closing date to listing
Fresh issue share
93.5%
₹29 Cr of the ₹31 Cr issue
Revenue growth
+58.4%
31 Mar 2025 → 31 Mar 2026
Profit growth
+102%
PAT ₹4.98 Cr → ₹10.06 Cr
Net profit margin
10.7%
was 8.4% in 31 Mar 2025
Debt to equity
1.19
lower is safer
Return on equity
56.46%
ROE
GMP-implied listing gain
+42.5%
₹45 premium on a ₹106 issue price
Robokidz Eduventures is an SME issue raising ₹31 Cr, offered in a band of ₹100–₹106 per share. At the upper end that is 10.6 times the ₹10 face value, so ₹96 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 Robokidz Eduventures needs one lot of 1200 shares, which works out to ₹1,27,200 at the upper band of ₹106. 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 Robokidz Eduventures, bidding runs 21-23 Sept, allotment is finalised on 24 Sep 2026, the shares list on 28 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 5 days before listing decides what the holding is worth.
The issue is reserved 47.09% to qualified institutional buyers, 14.24% to non-institutional investors, 33.14% to retail. At 33.14%, 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 ₹29 Cr of fresh capital (93.5%) 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 ₹59.16 Cr in 31 Mar 2025 to ₹93.72 Cr in 31 Mar 2026 (+58.4%), while profit after tax went from ₹4.98 Cr to ₹10.06 Cr (+102%). Profit grew faster than revenue, which points to operating leverage or a better cost mix rather than growth bought purely through volume.
Maashitla Securities Pvt.Ltd. is the registrar for this issue, which means the allotment status for Robokidz Eduventures is published on their portal from 24 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.
A grey market premium of ₹45 on the upper band of ₹106 implies a listing gain of roughly 42.5%. 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.
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 Date | 21–23 September |
| Face Value | ₹10 Per Share |
| Price Range | ₹100 to ₹106 |
| Issue Size | ₹31 Cr |
| Lot Size | 1,200 Shares |
| Allotment Date | 24 Sep 2026 |
| Listing Date | 28 Sep 2026 |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Category | Allocation |
|---|---|
| Retail Investors | 33.14% |
| QIB (Qualified Institutional Buyers) | 47.09% |
| HNI (High Net Worth Individuals) | 14.24% |
| Total Issue Size | 29,32,800 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 1,62,000 shares (agg. up to ₹2 Cr)B.N.Rathi Securities Ltd. |
| Fresh Issue (Ex Market Maker) | 27,70,800 shares (agg. up to ₹29 Cr) |
| Net Offered to Public | 27,70,800 shares (agg. up to ₹29 Cr) |
| Share Holding Pre Issue | 79,26,653 shares |
| Share Holding Post Issue | 1,08,59,453 shares |
| IPO Open | Mon, Sep 21, 2026 |
| IPO Close | Wed, Sep 23, 2026 |
| Allotment | Thu, Sep 24, 2026 |
| Refund | Fri, Sep 25, 2026 |
| Credit of Shares | Fri, Sep 25, 2026 |
| Listing | Mon, Sep 28, 2026 |
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 13,81,200 | 49.85% | 47.09% |
| − Anchor Investor | 8,28,000 | 28.23% | |
| − QIB (Ex. Anchor) | 5,53,200 | 18.86% | |
| NII (HNI) | 4,17,600 | 15.07% | 14.24% |
| − bNII > ₹10L | 2,78,400 | 9.49% | |
| − sNII < ₹10L | 1,39,200 | 4.75% | |
| Retail | 9,72,000 | 35.08% | 33.14% |
| Firm Reservations | |||
| Market Maker | 1,62,000 | 5.52% | |
| Total | 29,32,800 | 100.00% | 100.00% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,54,400 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,54,400 |
| S-HNI (Min) | 3 | 3600 | ₹3,81,600 |
| S-HNI (Max) | 7 | 8400 | ₹8,90,400 |
| B-HNI (Min) | 8 | 9600 | ₹10,17,600 |
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 95.22 | 34.16 | 30.11 |
| Total Income | 93.72 | 59.16 | 38.31 |
| Profit After Tax | 10.06 | 4.98 | 2.42 |
| EBITDA | 16.66 | 9.00 | 4.89 |
| NET Worth | 20.67 | 10.61 | 4.38 |
| Reserves and Surplus | 18.02 | 8.86 | 3.88 |
| Total Borrowing | 29.80 | 15.34 | 14.29 |
| Amount in ₹ Crore |
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 23.46 |
| 2 | Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 2.20 |
| 3 | General Corporate Purposes | |
| Total | 25.66 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 56.46% |
| ROCE | 29.64% |
| Debt/Equity | 1.19 |
| RoNW | 48.66% |
| PAT Margin | 10.79% |
| EBITDA Margin | 17.77% |
| NAV | 35.74 |
| Price to Book Value | 2.97 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 12.69 | 9.26 |
| P/E (x) | 8.35 | 11.45 |
| Market Cap at Offer Price | ₹84.02 Cr. | ₹115.11 Cr |
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 72.33% | |
| Public | 27.67% | |
| Total | 100% |
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
Robokidz Eduventures IPO is a SME issue open from 21–23 September. The company is raising ₹31 Cr at a price band of ₹100 to ₹106 per share. One lot is 1,200 shares.
The issue is open 21–23 September. Bids must be placed, and any UPI mandate approved, before the cut-off on the closing day.
The price band is ₹100 to ₹106 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.
The minimum application is 1,200 shares, and bids must be in multiples of that lot.
The total issue size is ₹31 Cr.
The issue is reserved as retail 33.14%, QIB 47.09%, HNI 14.24%. 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.
Basis of allotment is expected to be finalised on 24 Sep 2026. You can check your status on the registrar's website (Maashitla Securities Pvt.Ltd.) using your PAN.
Listing is expected on 28 Sep 2026, following the T+3 timeline that applies to Indian IPOs.
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.
Or see the full upcoming IPO list, today's grey market premium, subscription figures and allotment status.

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