Panchatv Bharat came to market through an SME IPO that opened on 10 September 2026 and closed on 15 September 2026, and the shares listed on 18 September 2026 on BSE SME. The price band was ₹140 per share and one lot was 1000 shares, so the minimum application was ₹1,40,000. The issue size was ₹24.58 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹128.95, a loss of 7.9% against the issue price of ₹140. Maashitla Securities Pvt.Ltd was the registrar to the issue, and Mark Corporate Advisors Pvt.Ltd was the lead manager.
As of 15 September 2026.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Overall the issue was subscribed 1.46 times.
Panchatv Bharat is a textile manufacturing company, incorporated in the year 2024. The company manufactures denim fabric using third parties and also wholesales denim fabric in India by procuring the same from distributors. The manufacturing process of the company includes the entire process of manufacture of the fabric from yarn procurement, warp dyeing, weaving, finishing, and quality checking.
Third-party manufacturing and wholesale dealing in denim fabric for men and women wear is the major business activity of the company with supply of its product to Delhi, Uttar Pradesh, Gujarat, and other Indian states. The company has made sales to 35 distributors up to June 30, 2024, and 80 during FY 2023-24, mostly in Delhi and other Indian states.
As on June 30, 2025, the company has 13 employees that include Managing Director, Whole-Time Director, Key Managerial Personnel, and middle-level and other support staff.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
|---|
Sanjay Gupta, Sooraj Gupta. Promoter holding 92.91% before the issue and 65.02% 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.
Panchatv Bharat IPO was a ₹24.58 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹140 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,80,000). The IPO was open from September 10 to September 15, 2026 and was subscribed 1.46x. Shares listed on BSE SME on September 18, 2026 at ₹128.95, a 7.9% discount to the issue price of ₹140. Maashitla Securities Pvt. Ltd. is the registrar.
Mark Corporate Advisors Pvt. Ltd. is the book running lead manager.
The issue price of Panchatv Bharat IPO is ₹140 per share (fixed price).
The lot size of Panchatv Bharat IPO is 1000 shares.
The minimum investment for Panchatv Bharat IPO is approximately ₹2,80,000 based on the issue price.
The allotment date of Panchatv Bharat IPO is Sep 16, 2026.
You can check Panchatv Bharat IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Panchatv Bharat IPO allotment status on Rupix for quick and easy access.
₹140 per share, against a face value of ₹10. 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 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,40,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,40,000, for one lot of 1000 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 10 September 2026 and closed on 15 September 2026.
The basis of allotment was published on 16 September 2026 by Maashitla Securities Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 18 September 2026 on BSE SME, opening at ₹128.95.
The issue size was ₹24.58 crore. The fresh issue was 17,56,000 shares (aggregating up to ₹24.58 crore).
It listed at ₹128.95 against an issue price of ₹140, a loss of 7.9 percent on listing day.