Simca Advertising came to market through an SME IPO that opened on 8 May 2026 and closed on 12 May 2026, and the shares listed on 15 May 2026 on NSE SME. The price band was ₹174 to ₹183 per share and one lot was 600 shares, so the minimum application was ₹1,09,800. The issue size was ₹58.04 crore. The whole issue was fresh shares, so the money raised went to the company.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and Socradamus Capital Pvt.Ltd was the lead manager.
As of 12 May 2026.
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Founded in June 2022, Simca Advertising Limited is a company engaged in providing advertising solutions, especially out-of-home (OOH) media in Mumbai and Maharashtra. It offers a variety of OOH advertising services that include hoardings, gantries, bus panels, shelters, kiosks, utilities, and vinyl signage that allow brands to communicate their message to their target customers.Based on the behavior of the audience and marketing objectives, customized campaigns are offered that involve choosing appropriate locations and media plans.
Through comprehensive solutions, they help brands maximize their potential by effectively using public space.There are more than 100 Out-of-Home (OOH) media in Mumbai that includes arterial roads, junctions, business areas, and markets. Its client base consists of varied businesses like advertising, entertainment, real estate, fashion, lifestyle, insurance, and government organizations. As of May 31, 2025, it consisted of 31 members in its workforce.
As described in the offer document.
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Fahim Batliwala, Ashma Fahim Batliwala.
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.
Simca Advertising IPO was a ₹58.04 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹174–₹183 per share with a lot size of 600 shares; the minimum retail application was 1,200 shares (₹2,19,600). The IPO was open from May 8 to May 12, 2026 and was subscribed 80.93x. Shares listed on NSE SME on May 15, 2026 at ₹156, a 14.8% discount to the issue price of ₹183. MUFG Intime India Pvt. Ltd.
is the registrar. Socradamus Capital Pvt. Ltd. is the book running lead manager.
The price band of Simca Advertising IPO is ₹174 to ₹183 per share.
The lot size of Simca Advertising IPO is 600 shares.
The minimum investment for Simca Advertising IPO is approximately ₹2,19,600 based on the upper price band.
The allotment date of Simca Advertising IPO is May 13, 2026.
No GMP quote could be verified as recorded before Simca Advertising IPO listed. A grey-market observation of ₹2 per share was recorded on 15 May 2026, 8:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹156. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Simca Advertising IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Simca Advertising IPO allotment status on Rupix for quick and easy access.
₹174 to ₹183 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 600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,09,800. After listing, SME shares also trade in lots rather than one share at a time.
₹1,09,800, for one lot of 600 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 8 May 2026 and closed on 12 May 2026.
The basis of allotment was published on 13 May 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 15 May 2026 on NSE SME.
The issue size was ₹58.04 crore. The fresh issue was 31,71,600 shares (aggregating up to ₹58.04 crore).