Earkart IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 135 – 135
Lot Size
1000
Issue Size
₹49.26 Cr
Minimum Investment
₹270000 (2000 Shares)
Listing Date
03 October 2025
Subscription
1.33x
About the Company
Earkart Limited is a HealthTech platform specializing in advanced hearing aids and related accessories. The company provides a wide range of modern hearing solutions, including:
- Receiver-In-Canal (RIC)
- Invisible-In-Canal (IIC)
- Behind-The-Ear (BTE)
- In-The-Ear (ITE)
- In-The-Canal (ITC)
- Completely-In-Canal (CIC)
In addition to hearing devices, Earkart also offers and distributes healthcare and assistive products such as adjustable foldable walkers, Multi-Sensory Integrated Educational Development (MSIED) kits, and Teaching Learning Material (TLM) for the physically challenged.
The company markets its products through a network of partners and clinics, both in India and internationally. It is also a trusted Government e-Marketplace (GeM) supplier, providing hearing aids to ALIMCO under the Ministry of Social Justice and Empowerment.
In April 2024, Earkart introduced a Shop-in-Shop (SIS) model, offering franchise opportunities to opticians and ENT/optical clinics. As of now, the company operates 49 SIS clinics across 22 cities in 6 states and 2 Union Territories, including Haryana, Uttar Pradesh, Rajasthan, Punjab, Jharkhand, Delhi, Uttarakhand, and Chandigarh.
Earkart’s manufacturing facility is located in Noida, Uttar Pradesh, spread across 4,500 sq. ft., equipped to produce high-quality hearing aids and related solutions.
Promoters
- Rohit Misra
- Monika Misra
Promoters Holding
Holding Pre Issue
78.75%
Holding Post Issue
57.34%
Objects of the Issue
The Company Earkart IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Incremental Working Capital requirements of our Company
- Funding capital expenditure requirements for setting of Shop in Shop (SIS) Business Model in ENT/Ophthalmic Clinics across India and Setting up of Infrastructure for operational activities
- General Corporate Purposes
Address / Contact Info
Earkart Ltd.
Shop No. 8-P, Street No. 6,
Vasundhara Enclave,
East Delhi, Delhi
East Delhi, New Delhi, 110096
Phone: 0120-4102857
Email: cs@earkart.in
Website: https://www.earkart.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 25 September 2025
IPO Close Date
Monday, 29 September 2025
Basis of Allotment
Tuesday, 30 September 2025
Initiation of Refunds
Wednesday, 01 October 2025
Credit of Shares to Demat
Wednesday, 01 October 2025
Listing Date
Friday, 03 October 2025 — NSE & BSE
Important Dates
Open Date
25 September 2025
Close Date
29 September 2025
Basis Of Allotment
30 September 2025
Listing Date
03 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 0 | 19.25 | 14.73 | 5.94 |
| Revenue | 43.11 | 31.97 | 28.97 | 5.73 |
| Profit After Tax | 6.88 | 3.06 | 1.31 | 0.11 |
| Net Worth | 0 | 13.03 | 6.56 | 4.79 |
| Reserve & Surplus | 0 | 12.97 | 6.49 | 4.72 |
| Total Borrowings | 0 | 4 | 1.21 | 0.25 |
EPS Pre
6.59%
EPS Post
5.00%
P/E Pre
20.48
P/E (Post Issue)
26.98x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 34.55 | 23.46 | 19.99 |
| ROCE % | 47.32 | 27.44 | 23 |
| Debt / Equity | 0.26 | 0.31 | 0.26 |
| RoNW % | 41.77 | 31.21 | 23.12 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 15.93 | 9.57 | 4.53 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 1732000 | 50 | 0 |
| Retail Investors | 1732000 | 50 | 0 |
| Total | 3649000 | 100 | 0 |
Subscription Status ( Mon, 29 Sep 25 01:46 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 1002000 | 0x |
| Non-Institutional | 1732000 | 3002000 | 1.73x |
| Retail Investors | 1732000 | 600000 | 0.35x |
| Total | 3464000 | 4604000 | 1.33x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Earkart Limited | 10 | 0.00 | 6.59 | 6.59 | 41.77 | 0.00 |
| OSEL Devices Limited | 10 | 16.91 | 14.31 | 14.31 | 18.58 | 0.00 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 270,000.00 |
| Retail (Max) | 2 | 2,000 | 270,000.00 |
| S-HNI (Min) | 3 | 3,000 | 405,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Sarthi Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Earkart IPO is a Fixed price IPO worth ₹49.26 crores. The price band is ₹135 to 135 per share. The IPO opens on Thu, Sep 25, 2025 and closes on Mon, Sep 29, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Earkart IPO opens on Thu, Sep 25, 2025 and closes on Mon, Sep 29, 2025
Earkart IPO Price Band is ₹135 to 135.
Earkart IPO lot size is 1000, and the minimum amount required for application is ₹270000.
The minimum investment for Earkart IPO is approximately ₹270000 based on the upper price band.
To apply for the Earkart IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Sep 29, 2025. After submission, funds are blocked until the basis of allotment of Earkart IPO is finalised.
Earkart IPO issue size is ₹49.26 crores.
Earkart IPO allotment date is Sat, Jun 27, 2026.
The registrar for Earkart IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Earkart IPO through their official website or helpline.