Panchatv Bharat IPO: Price Band, Lot Size, Financials & Review
Panchatv Bharat IPO listed on BSE on Fri, 18 Sep 2026. The issue was subscribed 1.46x overall.
- Open Date
- 10 Sep 2026
- Close Date
- 15 Sep 2026
Last updated
- Issue price
- ₹140
- Lot size
- 1,000 shares
- Min. investment
- ₹2,80,000
- Issue size
- ₹24.58 Cr
- Last GMP
- +₹3
- Subscribed
- 🔥 1.46x
Panchatv Bharat IPO details
Panchatv Bharat IPO is a ₹24.58 Cr fixed price IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Thu, 10 Sep 2026 to Tue, 15 Sep 2026. Allotment was finalised on Wed, 16 Sep 2026, and the shares listed on BSE on Fri, 18 Sep 2026.
The issue price is ₹140 per share and the lot size is 1000 shares, so the minimum retail application is ₹2,80,000. Retail investors can apply for up to 2 lots (2,000 shares, ₹2,80,000).
Maashitla Securities Pvt. Limited is the registrar, and Mark Corporate Advisors Private Limited is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Panchatv Bharat IPO GMP before listing was +₹3 (+2.14% against the upper price band of ₹140), implying an estimated listing price of ₹143. Across 10 days of tracking, GMP ranged from 0 (09 Sep) to +₹21 (14 Sep).
| Last GMP | +₹3 |
|---|---|
| GMP vs upper band | +2.14% |
| Estimated listing price | ₹143 |
| Highest (14 Sep) | +₹21 |
| Lowest (09 Sep) | 0 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Panchatv Bharat IPO day-wise GMP.
Subscription
Day-wise subscription →Panchatv Bharat IPO was subscribed 1.46x overall: QIB 0.00x, NII 0.49x and retail 2.42x.
| Category | Subscribed |
|---|---|
| QIB | 0.00x |
| NII | 0.49x |
| └ bNII (above ₹10 lakh) | 0.91x |
| └ sNII (₹2–10 lakh) | 0.33x |
| Retail | 2.42x |
| Total | 1.46x |
Final figures at the close of bidding on 15 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the Panchatv Bharat IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Non-Institutional | 8,34,000 | 50.00% |
| Retail Investors | 8,34,000 | 50.00% |
| Total | 16,68,000 | 100.00% |
Panchatv Bharat IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,80,000 |
| Retail (Max) | 2 | 2,000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,20,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹140, the issue is priced at 14.23x pre-issue earnings and 20.32x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Listed peers with positive earnings trade at a median P/E of 9.05x (1 company).
Promoter holding falls from 92.91% before the issue to 65.02% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹9.84 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 14.23x |
| EPS (post-issue) EPS on the enlarged share capital | ₹6.89 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 20.32x |
| Promoter holding (pre-issue) | 92.91% |
| Promoter holding (post-issue) | 65.02% |
Panchatv Bharat Private Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹48.99 Cr to ₹56.87 Cr, and profit after tax rose from ₹2.83 Cr to ₹4.03 Cr. The PAT margin for 31 Mar 2026 was 7.09%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 33.78 | 27.16 | 16.88 |
| Total Income | 56.87 | 48.99 | 39.31 |
| Profit After Tax | 4.03 | 2.83 | 2.02 |
| EBITDA | 6.44 | 4.55 | 3.22 |
| Net Worth | 12.62 | 9.05 | 3.39 |
| Reserve & Surplus | 8.53 | 4.95 | 0.00 |
| Total Borrowings | 14.18 | 7.74 | 7.66 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 37.20 | 45.47 | 89.99 |
| ROCE % | 24.01 | 26.81 | 28.74 |
| Debt / Equity | 2.26 | 0.86 | 2.26 |
| RoNW % | 31.93 | 31.25 | 59.59 |
| Pat Margin % | 7.09 | 5.77 | 5.14 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Panchatv Bharat limited | 10 | — | 9.84 | 9.84 | 31.93% | 30.83 |
| Anjani Synthetics Ltd | 10 | 9.05 | 2.57 | 2.57 | 4.24% | 60.64 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Capital Expenditure for setting up of Corporate office and warehousing facility at Ahmedabad |
| 2 | Working Capital Requirements |
| 3 | General Corporate Purposes |
About Panchatv Bharat Private Limited
Incorporated in 2024, Panchatv Bharat is engaged in the business of manufacturing and wholesale trading of denim fabrics. The Company primarily manufactures denim fabrics through third-party manufacturing facilities and undertakes wholesale trading of denim fabrics across India. For its trading operations, the Company sources denim fabrics from various distributors and supplies them to customers across multiple states in India.
The Company’s denim fabric manufacturing process covers the complete production cycle, commencing with the procurement of yarn and including warp dyeing, weaving, finishing, and quality inspection. Through its third-party manufacturing arrangements, the Company is able to cater to the requirements of its customers while maintaining focus on product quality and specifications.
Panchatv Bharat primarily deals in denim fabrics used for men’s and women’s apparel. The Company serves a broad customer base comprising distributors and wholesalers and has established a presence across several key textile and apparel markets in India. Its major markets include Delhi, Uttar Pradesh, Gujarat, and other important states across the country.
As of June 30, 2024, the Company had supplied denim fabrics to 35 distributors. During FY 2023–24, the Company catered to more than 80 distributors, reflecting its expanding distribution network and geographical reach. A significant portion of the Company’s revenue is generated from sales to customers in Delhi, while the remaining sales are distributed across various states in India.
The Company follows a combination of third-party manufacturing and wholesale trading as part of its business model. This enables Panchatv Bharat to maintain flexibility in meeting customer demand, expand its product reach, and serve a wider network of distributors without relying solely on in-house manufacturing infrastructure.
As of June 30, 2025, Panchatv Bharat had a total workforce of 13 employees. The employee base comprises the Managing Director, Whole-Time Director, Key Managerial Personnel (KMP), middle-level management, and support staff, who are responsible for managing the Company’s strategic, operational, sales, administrative, and other business functions.
Overall, Panchatv Bharat operates as a denim-focused textile enterprise with an integrated business approach encompassing manufacturing through third-party facilities, sourcing, wholesale trading, quality control, and nationwide distribution. The Company’s growing distributor network and presence across key Indian markets provide it with a broad platform for expanding its business in the denim fabric segment.
Promoters
- Sanjay Gupta
- Sooraj Gupta
Contact details
Panchatv Bharat Ltd.
F. No-C-35, Rose Apptt,
P No. 9, Sec 14 Rohini,
Prashant Vihar, North West Delhi,
Delhi, New Delhi, 110085
Tel: +91 8920318885
Email:cs@panchatvlimited.com
Website:https://www.panchatv/
Panchatv Bharat IPO FAQs
- What is the Panchatv Bharat IPO price band?
- Panchatv Bharat IPO is a fixed price issue at ₹140 per share.
- What is the Panchatv Bharat IPO lot size and minimum investment?
- The Panchatv Bharat IPO lot size is 1000 shares. The minimum retail investment is ₹2,80,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (2,000 shares), costing ₹2,80,000.
- When was Panchatv Bharat IPO open for subscription?
- Panchatv Bharat IPO was open for subscription from Thu, 10 Sep 2026 to Tue, 15 Sep 2026.
- What is the Panchatv Bharat IPO subscription status?
- Panchatv Bharat IPO was subscribed 1.46x overall: QIB 0.00x, NII 0.49x and retail 2.42x. Day-wise and category-wise figures are on the subscription page.
- What was the Panchatv Bharat IPO GMP before listing?
- The last Panchatv Bharat IPO GMP before listing was +₹3 (+2.14% against the upper price band of ₹140), implying an estimated listing price of ₹143. Across 10 days of tracking, GMP ranged from 0 (09 Sep) to +₹21 (14 Sep). GMP is an unofficial grey market indicator and can change quickly.
- What is the Panchatv Bharat IPO allotment date?
- The Panchatv Bharat IPO basis of allotment was finalised on Wed, 16 Sep 2026. You can check your allotment status on the Maashitla Securities Pvt. Limited website.
- What is the Panchatv Bharat IPO listing date?
- Panchatv Bharat IPO listed on BSE on Fri, 18 Sep 2026.
- Is the Panchatv Bharat IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Panchatv Bharat IPO?
- The registrar for the Panchatv Bharat IPO is Maashitla Securities Pvt. Limited, and the book running lead manager is Mark Corporate Advisors Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.