Liqvd Digital India came to market through an SME IPO that opened on 23 September 2026 and closed on 25 September 2026, and the shares listed on 30 September 2026 on BSE SME. The price band was ₹51 to ₹54 per share and one lot was 2000 shares, so the minimum application was ₹1,08,000. The issue size was ₹39.01 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹53.73, a loss of 0.5% against the issue price of ₹54. Bigshare Services Pvt.Ltd. was the registrar to the issue, and Indorient Financial Services Ltd was the lead manager.
As of 25 September 2026.
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Overall the issue was subscribed 5.35 times.
Incorporated in 2013, Liqvd Digital India Limited is a digital marketing and media solution provider which provides help to its clients in establishing themselves digitally and ensuring audience engagement and growth of their business. The services provided by the Company include social media management, media planning and buying, online reputation management, creative content creation, influencer marketing, search engine optimization (SEO), performance marketing, and website and application development.
The Company serves a wide array of clients from various industries including large corporations, mid-sized enterprises, and D2C businesses in the fields of IT and communications, FMCG, logistics, financial services, manufacturing, and healthcare. In addition, the Company operates in India through its offices located in Mumbai and Gurgaon along with its own in-house studio based in Mumbai for content creation and similar work. The Company is present in the United States through its partnership with AdLift Inc.
As described in the offer document.
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Arnab Mitra, Ashish Motilal Jalan, Vivek Suchanti, Concept Communication Ltd.. Promoter holding 79.61% before the issue and 52.95% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Liqvd Digital India IPO was a ₹39.01 crore book-built issue, comprising a fresh issue of ₹34.14 crore and an offer for sale of ₹4.87 crore. It was priced at ₹51–₹54 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,16,000). The IPO was open from September 23 to September 25, 2026 and was subscribed 5.35x.
Shares listed on BSE SME on September 30, 2026 at ₹53.73, a 0.5% discount to the issue price of ₹54. Bigshare Services Pvt. Ltd. is the registrar. Indorient Financial Services Ltd. is the book running lead manager.
The price band of Liqvd Digital India IPO is ₹51 to ₹54 per share.
The lot size of Liqvd Digital India IPO is 2000 shares.
The minimum investment for Liqvd Digital India IPO is approximately ₹2,16,000 based on the upper price band.
The allotment date of Liqvd Digital India IPO is Sep 28, 2026.
You can check Liqvd Digital India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Liqvd Digital India IPO allotment status on Rupix for quick and easy access.
₹51 to ₹54 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,08,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,08,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 September 2026 and closed on 25 September 2026.
The basis of allotment was published on 28 September 2026 by Bigshare Services Pvt.Ltd., and allotted shares were credited to demat accounts before listing.
The shares listed on 30 September 2026 on BSE SME, opening at ₹53.73.
The issue size was ₹39.01 crore. The fresh issue was 63,22,000 shares (aggregating up to ₹34.14 crore). The offer for sale was 9,02,000 shares (aggregating up to ₹4.87 crore).
It listed at ₹53.73 against an issue price of ₹54, a loss of 0.5 percent on listing day.